Teaching and Executive Education The institutes of the Center for Energy Innovation, Governance and Investment offer a variety of courses at the University of St. Gallen. In addition, the center provides an executive education programs for Management of Renewable Energies (REM-HSG). Executive Education CAS Renewable Energy Management (Certificate of Advanced Studies in Renewable Energy Management of the University of St.Gallen, in English) PhD Level All institutes of EGI-HSG supervise several PhD projects within their specific fields of expertise. Please check the individual webpages of the institutes. Bachelor and Master Level Bachelor and Master students may select from a course portfolio which was significantly enlarged by the new Assistant Professorships in Energy since 2014. The following courses are available Clean Energy Marketing (Prof. Dr. Rolf Wüstenhagen) Level: Master Addressing global climate change is both a challenge and an opportunity for business. The transition from non‑renewable to renewable sources of energy for electricity generation, transportation and buildings is one of the key levers to a low‑carbon future. While more than 80% of global energy needs are still covered with non‑renewable fuels like oil and coal today, several countries have embarked on a path towards higher shares of renewable energy. Also, more than 60 global companies have announced targets to move to 100 % renewable energy through their RE100 initiative. While traditionally being policy‑driven, such initiatives are increasingly reflecting changing customer demand. As an example, the diffusion of solar panels has initially benefited from strong government incentives, but progress on the technology learning curve and a desire of consumers to become prosumers have created a situation where meeting customer needs is at least equally important as managing policy risk. This course gives students an opportunity to build a comprehensive understanding of the energy transition and its implications for business, including an overview of renewable energy markets, current policy and investment trends, innovation management, consumer behavior and marketing. Students who build competence in these areas are well positioned to take advantage of emerging opportunities in this growing segment of the job market, while making a contribution to the future of society at the same time. Sustainability and Corporate Strategy: Meeting the Energy and Climate Challenges (CEMS Block Seminar) (Prof. Dr. Rolf Wüstenhagen / Dr. Emmanuelle Reuter) Level: CEMS-Master In the beginning of the 21st century, many companies around the world are about to incorporate the concept of sustainability on their strategic management agenda. Thereby “Sustainability is often defined as managing the triple bottom line – a process by which firms manage their financial, social, and environmental risks, obligations and opportunities. These three impacts are sometimes referred to as profits, people, and planet.” (Network for Business Sustainability). What are the basic principles and the drivers for Sustainability? What types of sustainability strategies exist and how can companies build and develop social, environmental and economic capital at the same time? How do customers, competitors, NGOs, and governments influence companies’ strategies? Which new market opportunities arise from global climate change and which business models can be applied to capture the value of new energy solutions? Overcoming Energy Path Dependence (Prof. Dr. Rolf Wüstenhagen / Prof. Dr. Itai Sened, Tel Aviv University) Level: Master Contextual Studies Why is it so difficult for countries, firms and consumers to overcome what George W. Bush called an ʺaddiction to oilʺ and other non‑renewable energies? As a result of steep learning curves, renewable energy technologies are increasingly competitive, and may be the cheapest option to meet energy demand if external costs are taken into account. And yet, 80% of global energy supply and nearly 100% of energy demand in the transportation sector are still met by non‑renewable energies. In this course, students will reflect upon mechanisms of path dependence that have led to the current carbon lock‑in, and will explore ways of overcoming it. They will apply recent advances in behavioral sciences to study patterns of individual and collective behavior that prevent market penetration of low‑carbon technologies. By combining different levels of analysis and investigating phenomena of energy path dependence and carbon lock‑in in different countries, they will gain a deep understanding of the challenges to be addressed on the way towards decarbonization. Sustainable Finance (Prof. Dr. Rolf Wüstenhagen) Level: Master Banking and Finance Sustainability, i.e. a development that meets the needs of present generations without compromising on the needs of future generations, has been adopted as an objective by the United Nations in 1992. Since then, governments and investors are increasingly recognizing the important link between sustainability and financial markets. On the one hand, a wide range of sustainability or socially responsible investment (SRI) products have come to market across different asset classes. On the other hand, global trends like climate change will have financial consequences that go far beyond the niche of traditional ʺgreenʺ investing, as indicated for example by the Bank of England warning of stability risks resulting from a devaluation of carbon assets. Firms directly (e.g. energy companies) or indirectly (e.g. automotive companies) exposed to global sustainability trends are facing fundamental challenges. What are the implications for banking and finance? Students who build competence in sustainable finance are well positioned to take advantage of emerging opportunities in this growing segment of the job market, and to take wise long‑term investment decisions reflecting the far‑reaching implications of sustainability trends on financial markets. Model UNFCCC - CEMS Climate Change Role PlayThis unique strategy game is held in the spring semester together with partners from other European CEMS universities. The aim is to give students an understanding of the UN climate framework negotiations, global warming and its consequences for the economy. More information HERE Energy Governance and Management (Prof. Dr. Rolf Wüstenhagen / Dr. Philipp Thaler) Level: Master Energy has risen to the top of policy agendas around the world. There is now widespread recognition that energy policy has become key to international security, economic development, and environmental sustainability of modern civilization. At the same time, the energy sector is going through a phase of transition with rapid technological change, new actors and - more generally - a new way how we ‘think energy’. Steering societies and economies through the energy transition is anything but simple. To meet challenges and seize opportunities, sound governance and management of energy is paramount - and maybe more important than ever before.In times when fossil fuels are gradually replaced by energy from renewable sources, governing and managing energy involves public and private actors at local, regional, national and international levels. Some countries have decided to embark on anambitious new energy policy, phasing out nuclear energy and substantially increasing both energy efficiency and the contribution of renewable energies. Others show little sign of moving away from conventional fuels. And some administrations have reversed progressive energy and climate policies.Is the energy transition a choice or destiny? Will renewables become the new norm? What properties will define the international political economy (IPE) of energy in a post-carbon world? How do companies deal with the opportunities and challenges of the global energy transition, and what determines whether they will be successful? Are Western styledemocracies prepared to bring about the massive societal, behavioral and economic changes required to make the energy transition a success?Some of the questions will be addressed in this seminar, co-taught by an interdisciplinary team: Dr. Philipp Thaler, PostDoc Energy Governance, Institute for Political Science, University of St.Gallen. H has worked on issues of energy governance and market regulation at energy and climate think tank E3G, the European Commission and as a consultant in the private sector. Prof. Rolf Wüstenhagen holds the Good Energies Chair for Management of Renewable Energies, University of St.Gallen, lead author on the Intergovernmental Panel on Climate Change (IPCC) report on renewable energy sources and climate change mitigation and member of the advisory board of the Swiss government’s energy strategy 2050. Before embarking on an academic career, he worked in the venture capital industry, financing energy technology firms. Business Model Innovation: Industrien revolutionieren (Prof. Dr. Oliver Gassmann) Level: Master Die Fähigkeit, innovative Geschäftsmodelle zu entwickeln, ist im heutigen Zeitalter eine Kernvoraussetzung für die langfristige Wettbewerbsfähigkeit von Unternehmen. In immer mehr Branchen reicht heutzutage ein reiner Fokus auf Produkt‑ und Prozessinnovationen nicht mehr aus. Studien zeigen das Potenzial des Themas Geschäftsmodelinnovation und belegen, dass Unternehmen die ihre Geschäftsmodelle nicht erneuern, häufiger Gefahr laufen zu scheitern und weniger profitabel als Geschäftsmodellinnovatoren sind. Für die Entwicklung neuer Geschäftsmodelle hat das Institut für Technologiemanagement auf Basis empirischer Forschung eine Konstruktionsmethodik entwickelt, mit der Unternehmen systematisch anhand eines strukturierten Innovationsprozesses an das Thema Geschäftsmodell herangeführt werden. Zentral ist dabei das Überwinden der eigenen Branchenlogik in der Ideengenerierungsphase auf Basis der Musteradaption. Als Kern der Methodik dienen 55 Muster erfolgreicher Geschäftsmodellinnovationen, welche als Vorlage zur Innovation des eigenen Geschäftsmodells genutzt werden können um so die eigene Geschäftslogik zu revolutionieren. Durch eine Kombination von Vorlesung, Selbststudium, Coaching und Online Tutorials wird den Studenten das Thema Geschäftsmodellinnovation effizient, effektiv und spielerisch vermittelt. Umweltrecht (Prof. Dr. Peter Hettich) Level: Master Ziel der Vorlesung ist es, den Studierenden anhand der Lösung von Ausgangsfällen das geltende Umweltrecht zu vermitteln. Die Studierenden sollen umweltrechtliche Probleme erkennen und dafür Lösungsansätze erarbeiten können. Dabei werden auch Querbezüge zwischen dem Umwelt‑ und dem Planungsrecht entwickelt. Ein wesentliches Ziel der Veranstaltung besteht darin, die Fähigkeit der Teilnehmer zu fördern, das geltende Recht aus kritischer Distanz zu beurteilen und namentlich die vielfältigen Verknüpfungen des Umweltrechts mit anderen (Rechts‑)gebieten zu erkennen und zu verstehen. In der Vorlesung werden die Grundzüge des geltenden Umweltrechts behandelt. Nach der Erarbeitung der Grundlagen (Ethische Grundlagen, ökonomische Grundlagen, Ziele, Grundsätze und Instrumente des Umweltrechts) werden die zentralen Bereiche des besonderen Umweltrechts (Immissionsschutzrecht [Lärm, Luftverunreinigungen, Strahlen], Abfallrecht, Bodenschutz, Gewässerschutz, Naturschutz) besprochen. Foreign Policy Strategies: Theories and Cases (Prof. Dr. James W. Davis) Level: Master Through the integration of theory and foreign policy practice students will gain insights into the trade‑offs – both in terms of interests and values – demanded by the anarchic nature of international politics.