Business Implications of Intelligent and Integrated Energy Systems

This course is a part of Intelligent and Integrated Energy Systems, a 4-course Professional Certificate series from edX.

This course focuses on the emerging digitalization-based business models in the energy systems field. You will study how digital technologies can aid practitioners and business leaders to reach more sustainable systems and operations and create modern and more sustainable business frameworks. First, you will investigate the energy supply side, namely, the providers of electricity and their markets. You will learn about the different markets and new approaches in energy trading.

You will focus on coupling within energy sectors, specifically electricity, heat, and gas. Second, you will investigate the demand side and the perspective of the sectors whose operations rely mainly on energy (including the electric mobility sector and the challenges it faces). You will conclude the course by discussing the wider framework in which these sectors work and interact together, which is represented in the paradigm of smart cities.

What you'll learn

• Interpret the reasons behind the evolution of new business models in the energy landscape as well as smart cities.
• Develop an understanding of the promising technologies and trends in the energy sector.
• Understand recent innovations in energy trading, such as tokenization, peer-to-peer markets and renewables hedging.
• Identify the most effective policies to move towards a competitive, sustainable, efficient and competitive deregulated market.
• Evaluate the impact of different investment and operational scenarios and choose the best option for your organization.
• Identify promising trends and investments in energy landscapes and smart cities to develop suitable business strategies.