Leading through the energy transition
In this unique course, we merge the expertise of BI Norwegian Business School with Rystad Energy, to empower leaders and senior personnel in addressing the energy transition.
Background
The Paris Agreement’s global ambition of net zero emissions in 2050 requires fundamental systemic transformation of the energy systems, in a period where global GDP is projected to double.
This urgent need for a global energy transition has many dilemmas: involving climate change, poverty and inequality, biodiversity, ethics and rethinking the global economy. This includes how companies and other organizations create value and remain competitive.
The energy transition is causing ‘creative destruction’ adding uncertainties and risks, but also massive opportunities. There is no single solution to these dilemmas, and strategies must be continually negotiated within complex social and economic contexts.
About the course
Together, BI and Rystad Energy will establish an executive class focused on the energy transition, aimed at empowering leaders and senior personnel who aspire to make an impact and deepen their understanding of this critical transition.
Rystad Energy is a leading global independent research and business intelligence company, dedicated to helping clients navigate the future of energy. Through their high-quality data, analysis, advisory, and educational services, they empower organizations to make informed decisions, ensuring clients gain a competitive edge.
In the course we will apply a systems thinking approach, addressing energy ecosystems and the need to increase collaborative and joint efforts among all stakeholders. We will also cover an important requisite to ensure the transition is that corporations’ individual decision models factor in these issues, both in terms of value creation/co-creation and risk management.
Our goal is to increase the participants’ appreciation of a holistic investigation of factors and interactions that contribute to the energy transition.
In the course you will collaborate with other leaders and senior personnel to decode the energy transition. During our modules, you will share experiences with fellow participants and train together in identifying strategic and managerial wicked problems. Rystad’s vast dataset offers an excellent opportunity for engaging and inspiring dilemma discussions.
During the two last modules you will work together on case studies in smaller groups of 3 - 4 individuals. The result of your case work will be presented to the class, and we will also invite top management from your organizations and companies to participate.
Price
75 000 NOK
The price includes:
- One digital introduction day
- Three full days of classroom teaching and training at BI campus Nydalen
- One day of group presentations
- Group support with experts from BI and Rystad
- Food and coffee/tea/mineral water during the four in-person days (08.30 - 17.00)
"Rystad Energy believes that knowledge and education are crucial for succeeding in the energy transition, and looks forward to leveraging their expertise in a course aimed at increasing the knowledge level for relevant decision-makers; from bankers, investors to suppliers and authorities."
Who this course is for
- Leaders and senior personnel in the public and private sector (10+ year work experience)
- Board members within the energy sector
- Senior individuals in energy companies who have or are expected to take on leadership roles
- Leaders in ancillary services (e.g., bank, insurance, accounting, consultancy)
- Entrepreneurs within the energy sector
- Demand-side participants including leaders in construction, transportation, and hard-to-abate industries
- NGO- and civil society leaders
We strive to have a diverse composition of participants to trigger valuable networking and experience sharing during case work with dilemmas and "wicked problems".
If you think you can solve this alone, this course is not for you. Only everyone can win!
What you will learn
- Decoding the energy transition
- Trust-based leadership, change capacity and collaborative learning
- Managing and creating value in non-linear and uncertain environments
- Competitive and cooperative strategy (coopetition) in the energy sector
- How governments adapt to the current energy landscape and how it impacts the speed of the energy transition
- The global players and their strategies, competing technologies, market trends and insights, and supply chains with capacity, cost, and bottleneck outlooks
- A broad overview of the global energy system incorporating consequences of “wicked problems” into formal decision-making models
- Systems thinking and the energy trilemma
- Resilient supply: how to measure and mitigate energy transition risk
- Upstream investments and new approaches to capital allocation
- Different energy sources, storage and transportation and their impact on global warming
- Different energy consumption scenarios for a path to net-zero
Supply of - and demand for oil and natural gas and their roles in a world that is decarbonizing - The role renewable energy technologies will play in meeting growing demand and for how long conventional sources of electricity (such as oil, gas and coal) will still be needed
- Identifying, analyzing, and offering solutions, to energy-related dilemmas which require sustainable transitions
Structure
This course will take place in March and April 2025 on campus in Nydalen, Oslo.
| 3 March | Digital welcome and onboarding by BI and Rystad Energy |
| 17 - 19 March | Face-to-face at BI Oslo Group work: 2-3 weeks group assignment |
| 7 April | Face-to-face (hybrid option available) at BI Oslo |
"We at Rystad Energy are proud to collaborate with BI on the course Leading Through the Energy Transition. We will do our part to bring in relevant facts and observations to support leaders in facing fundamental changes in the energy system."
Faculty
Lars Huemer is Professor in the Department of Strategy and Entrepreneurship at BI Norwegian Business School, and he is the course responsible of this course. He has a Ph.D from Umeå School of Business and Economics, Umeå University. Besides academic work in Sweden, and at BI since 1999, he has been a visiting scholar at Universidad Adolfo Ibáñez, Chile (2004-2006) and at University of Technology, Sydney, Australia (1995).
His research interests include interorganizational relationships and international management. Trust and identity are often core concepts. A recent project concerns interactions between multinational corporations and indigenous groups. He teaches in strategic management and supply management, and the role of business for economic and social development, among others. He is also responsible for BIs Executive Master in Energy.
This program has been developed in collaboration with the following companies from the Advisory Council for Energy & Ocean Sector.
