Energy, Natural Resources and the Environment

Energy, Natural Resources and the Environment

The objective of the ENE major is to educate the next generation of interdisciplinary leaders in the fields of energy, natural resources, sustainability and the environment.

Future development and prosperity depends on access to energy and on reliable supplies of natural resources.

Exploitation of such resources has significant impact on the environment and climate, and getting the balance right is critical in a world where sustainability is becoming more and more important.

You will learn methods and subjects necessary to understand, advance, and critique issues related to the interaction between humans and the environment. 

  • Subject areas

    Subject areas

    The ENE major broadly focuses on the economic fundamentals of energy and natural resource value chains, and examines the strategic responses to more competitive energy and natural resource markets, as well as the interactions of business and government in commercial energy and natural resource development. Moreover, a central topic in the ENE major is the environmental impact of business and government decisions.

    You may choose to specialize within four different tracks:

    • Energy and Electricity
    • Natural Resources
    • Environment, Climate and Sustainability
    • Shipping and Transport
  • Learning outcome

    Learning outcome


    Upon successful completion the student

    K1: Will have insight in theories, models, tools and methodologies for analysing the energy and resource sector.

    K2: Can demonstrate knowledge about theoretical models for analysing the energy and  resource sector.

    K3: Will be able to perform empirical and practical analysis of firms and industries within the energy and resource sector.

    K4: Will have knowledge about theories and methodologies for analysing questions relating to sustainability in any sector and industry.

    K5: Will have understanding of the applicability and practical implementation and limitations of such models.


    Upon successful completion the student will be able to

    S1: Apply the knowledge gained to practical issues and questions related to the energy and resource sector.

    S2: Solve questions related to sustainable development for any industry.

    S3: Choose appropriate models, tools and methodologies when facing new challenges.

    General Competence

    Upon successful completion the student will be able to

    G1: Plan and execute tasks and projects relating to sustainability and environmental  impact.

    G2: Plan and execute tasks and projects relating to management of both renewable and non-renewable resources.

    G3: Evaluate external effects and footprints of various actions.

    G4: Communicate, cooperate and exchange insight in all kinds of questions relating to long term sustainability and environmental aspects regarding all kinds of industries.

  • Structure


    If ENE is chosen as a major, you must take at least one empirical methodological course.

    Go to course list

  • Recommended course combinations

    Recommended course combinations

    Some examples of courses and tracks:

    Energy and Electricity Markets

    • ENE421 Energy and Resource Industries
    • ENE424 Electricity Markets
    • ENE425 Alternative Energy Sources in Physical, Environmental and Economical Perspectives
    • ENE434 Energy Industry Analytics
    • ECN420 Petroleum Economics
    • BAN423 Benchmarking with DEA, SFA, and R

    Energy and Natural Resources

    • ENE421 Energy and Resource Industries
    • ENE427 Land Use and Natural Resources
    • ECN420 Petroleum Economics
    • ECN429 The Economics of Aquaculture and Fisheries Management
    • ECO429 Resource Economics

    Environment, Climate and Sustainability

    • ENE421 Energy and Resource Industries
    • ENE423 Environmental Economics
    • ENE425 Alternative Energy Sources in Physical, Environmental and Economical Perspectives
    • ENE426 Economics of Climate Changes
    • BUS446 Sustainable Business Models
    • FIE459 Sustainable Finance
    • MBM432 Sustainable marketing
    • ETI450 Corporate Social Responsibility


    • ENE421 Energy and Resource Industries
    • ENE430 Commodity Trading and Transport
    • ENE431 Shipping Economics and Analytics
    • FIE460 Ship Finance and Marine Insurance
  • Ethics courses

    Ethics courses

    Ethics courses available in the ENE major:

    • ENE452 Seminar: Climate Change and Ethical Challenges
    • BUS446 Sustainable Business Models
    • ETI450 Corporate Social Responsibility
    • FIE459 Sustainable Finance

    Remember that the ethics course can also be a part of your elective courses.

    See list of all ethics courses

  • Research Distinction

    Research Distinction

    Are you curious about taking a PhD or interested in more research-oriented work both at NHH and later in your career, find out more about the Research Distinction track within the master's programme.

    Read more about Research Distinction

  • International opportunities

    International opportunities

    As an NHH student you have excellent opportunities to gain valuable international experience during your studies through exchange programmes, the CEMS Master's in International Management (MIM) joint degree, the Double degree programme and summer courses.


  • Career


    The ENE major prepares you with knowledge and skills for a career within sectors such as renewable energy, fisheries, aquaculture, shipping, petroleum and environmental management among others.

    Read more about career possibilities for NHH graduates