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Competence for tomorrow’s energy markets,

today

Executive Diploma Programme Renewable Energy Management (REM-HSG)

St. Gallen–Berlin–Singapore

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"A new global energylandscape is emerging" International Energy Agency

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The energy industry is facing a fundamental transition. Driven by a combination of policy trends and technological innovation, several countries have embarked on a transition towards increasing their share of renewable energy. The speed of change, in combination with geopolitical tur bulence and volatility in financial markets, has created a challenging environment for business leaders trying to navigate through the transition. The use of renewable energies has significant promise for enabling new business models, reducing fuel price risk, and contributing to a cleaner energy supply. At the same time, they also represent a disruptive innovation, requiring incumbents and new entrants alike to craft thougtful strategies in order to create and maintain sustained competitive advantage.

In today’s environment, it is key for future leaders to see beyond short-term turbulence in order to distinguish noise from relevant infor mation. Those who take the time to build up a thorough under-standing of long-term trends and craft careful risk management strategies will be able to translate challenges into opportunities. One of the key trends is a convergence of industries. The bounda-ries of energy markets as they used to be have shifted, and new business model inno vation is arising, especially at the intersection of buildings, transportation, information, and communication technology. Also, decision-makers in energy markets are faced with a combination of existing and new customer preferences. The means of reconciling them is not always obvious, and again re quires a clear understanding of long-term trends.

New challenges require new competences. The University of St.Gallen (HSG) has always been at the forefront of developing leaders who embrace new opportunities. Executive education has been an important part of the university’s portfolio since it launched its first Executive MBA 25 years ago. Consistently featured as one of Europe’s leading business schools in the Financial Times Ranking, the university takes pride in combining academic rigor with practical relevance. In 2009, the university established a dedicated Chair for Management of Renewable Energies, the first of its kind at a leading European business school, to re-flect the fundamental importance of energy for achieving global sustainability, and the associated opportunities and challenges for business. The growing alumni network of the Executive Diploma Programme in Renewable Energy Management (REM-HSG) is particularly well-positioned to shape the current transformation of the energy market. Equipped with relevant knowledge and important skills, our graduates get access to the latest insights from respected thought-leaders from academia, government, and industry.

We look forward to seeing you on board!

Yours sincerely,

Prof. Dr. Rolf WüstenhagenAcademic Director REM-HSG

Professor Dr. Rolf Wüstenhagen,

Academic Director REM-HSG.

Welcome

Competence for tomorrow’s energy markets, today.

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State-of-the-art management training is the foundation for success in the energy markets of the future

Programme benefits The main goal of the executive education programme REM-HSG is to help tomorrow’s leaders to turn the economic, environmental, and social challenges of today’s energy supply into new business opportuni ties. As a participant, you will build up expertise about the potential of one of the most attractive growth markets, and identify ways for you and your company to succeed in the new energy industry. In cooperation with the Executive School of the Uni versity of St.Gallen, one of the leading business schools in Europe, REM-HSG offers you three major benefits.

(1) As a participant in the REM-HSG programme,you will learn state-of-the-art management know- how to successfully meet the specific challengesthat exist of renewable energy management. Theprogramme draws on case studies to derive in-sights and best practices from successful com paniesand projects in the field of renewable energies.

(2) You will be given intensive training that willenable you to identify and exploit the outstandinggrowth opportunities in the field of renewableenergies. Furthermore, you will have the possibilityto apply and integrate your knowledge by workingon real-life challenges from your professionalbackground.

(3) All participants will have access to the exclusiveexecutive Alumni network. This Alumni group faci-litates exchange among exe cutives who are workingon renewable energies from different perspectives. After graduating from the diploma programme,regular Alumni events and the St. Gallen Forum for Management of Renewable Energies en able further networking and education.

Programme contentREM-HSG is a part-time compact and com - pre hensive management education programme, focusing on renewable energies.

As such, the curriculum covers the subjects and areas relevant to executives and leaders in in-dustries and businesses in renewable energy and related markets. The modules provide a solid foundation in all aspects of the socio-economic framework and the management and functional skills of renewable energy management:

Socio-economic frameworkn Market and competitive environment for

renewable energy (Module 1)n Energy finance, portfolio management

and change management (Module 4)n Managing policy risk and future scenarios

(Module 5)n Internationalization and project

management (Module 6)

General management and functional knowledge and skillsn Marketing for renewable energy (Module 2)n Business models

and commercialization (Module 2)n Bits to energy: digital innovation

for a smarter energy future (Module 3)n Strategic management skills

for renewable energy (Module 4)

The module structure is similar to that of an MBA-curriculum; however, the content is presented and discussed with regard to renewable energies. Readings, cases, assignments, and lecturers focus on the specifics of renewable energy.

The curriculum is presented in more detail on pages 10–11.

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The diploma programme Renewable Energy Management is part of the overall portfolio of exe cutive education programmes of the Executive School of Management, Technology and Law of the University of St.Gallen (ES-HSG). The Univer-sity of St.Gallen is accredited by both international business school accrediting agencies, AACSB, and EQUIS. The University of St.Gallen is constantly ranked by Financial Times no. 1 Business School in the German-speaking area, and as being in Top 7 of all European Business Schools.

Joining REM-HSG thus means joining a top-class Business School. From the first day of the pro-gramme, you will experience the unique academic atmosphere at the Executive Campus and will immediately understand how executive education is fully recognised as the third pillar alongside research and teaching.

Join a top European Business School

The University of St.Gallen has always had a strong reputation for knowledge creation and dissemi nation that combines academic rigour and practical relevance. The integrative perspective and approach to executive education is key to enabling students and executives to develop better solutions to business challenges. This is particu-larly true for the field of renewable energies where the level of complexity is massive: techno logical developments, economic shakeouts, new business models, regulatory issues, and last but definitely not least, the underlying concept of sustainable management have to be addressed and managed.

This is why the diploma programme REM-HSG is a crucial part of the executive education portfolio of the University of St.Gallen.

Testimonials – Voices of our Alumni

"I enjoyed studying at REM-HSG because it provided me with new insights into the renewable energy business, enabled me to critically reflect from a distance and bring new ideas into my work."Daniel Becker, E.ON, Germany/East Africa, Class of 2013/2014

"REM-HSG allowed me to look at things from a different perspective, leading to new, unexpected solutions beyond business as usual. The unique blend of selected professionals provided for synergies and valuable insights."Basheer Hashem, King Abdullah City for Atomic and Renewable Energy, Saudi Arabia, Class of 2014/2015

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"REM-HSG has provided me with the perfect combination of practical and academic knowledge from which I benefit a lot in my daily business."Cathrine Torvestad, Pöyry Management Consulting, Norway, Class of 2011/2012

"REM-HSG has been inspiring; with executives from Europe, Asia and North America each bringing their unique perspectives and working together to tackle global-scale problems. I particularly enjoyed the diversity of topics going far beyond its European identity."

James White, NATO Comm. & Info. Agency, Netherlands/USA, Class of 2015/2016

"As a financial analyst, REM-HSG has definitely broadened my horizon. The participants’ diverse backgrounds and rich work experience create an inspiring learning environment. The programme encouraged me to think out of the box and to discuss the market potential of renewable energies from different points of view."Monika Bieri, Solar Energy Research Institute of Singapore, Class of 2012/2013

"I was very selective when choosing an executive education programme in the area of renewable energies. I am highly satisfied with REM-HSG since this programme has offered me a triple benefit: the latest knowledge pro-vided by academia and practitioners, access to new networking partners, and plenty of new ideas for my daily business. As director of a Swiss utility, attending REM-HSG alongside my job was sometimes challenging but I can definitely say: it was worth the effort at any time."Hagen Pöhnert, EW Buchs, Switzerland, Class of 2014/2015

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Enabling success –Learning is more than knowledge accumulation

There are libraries full of textbooks as well as more than sufficient information on the internet about renewable energy and management and even dis-tance learning offerings. There are, however, many good reasons to join a classroom-based executive education programme. REM-HSG provides much more than facts and knowledge; it involves real lear-ning that is applicable in the real world to support the successful management of renewable energies.

FacultyFaculty engaged in REM-HSG are thought leaders in their fields of expertise. Our academic faculty is selected from the University of St.Gallen and other leading universities. All professors have a strong track record in research as well as in executive edu-cation. High-level executives complement the fa-culty and provide rich insight into real life business. Prof. Dr. Rolf Wüstenhagen, Good Energies Chair for Management of Renewable Energies at the University of St.Gallen, is the academic director of REM-HSG.

Class compositionThere is a saying: "you learn as much from faculty as from fellow classmates", and in our experience, this is very true. The admission process ensures that every participant can rely on the fact that their fellow classmates have a lot to contribute to the learning process. Class size is limited in order to ensure the most intensive and effective interaction between students and faculty. Nevertheless, diversity is high in terms of educational and profes sional backgrounds, nationalities and the gender of participants, as well as in terms of industries and the size of businesses that are represented.

Modular structureThe curriculum of REM-HSG is organised around sixmodules, each of which lasts for one week. Students complete one module every two months. This enables participants to attend the programme alongside doing their jobs.

Interactive learning experienceThe integrative approach to management and executive education is implemented in the learning methodologies. The learning formats include readings, teaching inputs, case studies, role plays, team work, group discussions, individual and group presentations, company visits, and a diploma thesis. For at least one evening per mo dule guest speakers from politics or industry are invited to share their topic-specific views at dinner or during fireside chats.

Development of a personal management challengeAn important building block of the REM-HSG pro gramme is the development of a personal management challenge for each participant in the field of renewable energies. The management challenge is not only the subject of the application procedure, but it can also be brought into the indi-vidual modules. For example, company specific situations, new market entry, developing new strategies or marketing activities for renewable energies, etc.

Meet the "Energy Entrepreneur"During several modules, meetings take place with energy entrepreneurs. In the context of an informal discussion, participants are given the oppor-tunity to network and to discover more about the opportunities and challenges which are in volved in founding a renewable energy start-up.

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Diploma of Advanced StudiesUpon successful completion of the programme (i.e. all six modules and the diploma thesis), the University of St.Gallen awards students with an "Executive Diploma of Advanced Studies (DAS) in Renewable Energy Management, which is an official academic degree accredited by the Swiss University Conference (SUC)". The Univer sity of St.Gallen certifies 30 ECTS for the DAS in Renewable Energy Management.

Personalised servicesBeing a dedicated programme, REM-HSG provides individualised services for its participants. Applications are reviewed on a case-by-case basis, while the admissions manager offers support via telephone and e-mail, and information sessions take place within Switzerland and abroad. The programme manager is present during the teaching of all modules and is available to parti cipants during the entire programme.

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Structure of the programme – Overview of the six one-week modules

Markets and competitive environment for renewable energy

Influence of climatechange, technologicalinnovation andsecurity of energysupply on manage-

ment of renewable energy

Market dynamicsand drivers

Business challengesand opportunities

Trends in technologyand politics

Marketing and Business models for rene wable energy

n Identification of market potential in renewable energies, related industries and services

n Market segmentation and positioning in the market

n Business models for renewable energy

n Identification and exploitation of business opportunities

n Marketable value propositions beyond price and cost

Digitalization of Energy and e-Mobility

Technology andinnovationmanagement

Convergence ofinformation,communicationtechnologies, andenergy innovation

E-mobility as partof renewable energybusiness models

Smart grids

1 St. Gallen St. Gallen St. Gallen2 3

February*

year 1

May* July*

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Energy finance, strategy and change manage-ment

n Principles of energyfinance

n Risk drivers ofenergy portfolios

n Best practice infinancing renewableenergies

n Venture capital andrenewable energies

n Changemanagement in theenergy industry

n Creating competi- tive advantage inrenewable energymarkets

Managing policy risk and future scenarios

n Key objectives and implementation ofEuropean energy andclimate policies

n Hedging regulatoryrisk throughinternationalisation

n Lessons learnt frompolicy changes in keymarkets

n Implications of carbonmarket risk forrenewable energyprojects

n Future scenarios for the diffusion and utilisation of renewable energies

International- ization and project management

n Team project onrenewable energy in Asia

n Key success factorsfor planning andmanaging aninternationalrenewable energyproject

n Interculturalchallenges

St. Gallen Berlin Singapore4 5 6year 2

August* October* January*

* for exact dates see application form

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Faculty

The REM-HSG Faculty consists of renowned pro-fessors, entrepreneurs, managers, and experts in renewable energies. The faculty will support you and supervise your progress, but they will also challenge you to think one step further. The REM-HSG faculty includes the following specialists:

1 Prof. Dr. Reza Abhari Professor of Aerothermodynamics and Head of the Laboratory for Energy Conversion at ETH Zurich. He serves on a number of supervisory boards of global companies that are focusing on renewable energy investments.

2 Prof. Dr. Christophe BallifDirector of the Photovoltaics and Thin Film Electronics Laboratory, Swiss Federal Institute of Technology Lausanne (EPFL).

3 Prof. Dr. Marc-Oliver Bettzüge Director at the Chair of Energy Economics and Professor for Energy Economics at the University of Cologne, Managing Director and Chairman of the Management Board of the Institute of Energy Economics at the University of Cologne (EWI).

4 Dr. Charles DonovanPrincipal Teaching Fellow, Imperial College Business School, formerly Head of Structuring and Valuation for Alternative Energy at BP.

5 Prof. Dr. Tina KieferProfessor of Organisational Behaviour at Warwick Business School.

6 Dr. Christian Friege Former CEO of Lichtblick AG, Dr. Christian Friege Consulting.

7 Jochen Hauff (Visiting Faculty) Head of Energy Industry, Policy and Organisation, BayWa r.e. GmbH and Managing Director, BayWa r.e. Solarsysteme.

8 Prof. Dr. Dr. Tomi Laamanen Director of the Institute of Management and Professor of Strategic Management at the Uni- versity of St.Gallen.

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9 Dr. Jeremy LeggettFounder and Chairman of Solarcentury. Author of The Carbon War, Half Gone and Energy of Nations.

10 Dr. Philip LewisCEO and Founder, VaasaETT Global Energy Think-Tank.

11 Prof. Dr. Moritz LoockAssistant Professor for Energy and Sustainability Management at the University of St.Gallen.

12 Prof. Dr. Günter Müller-StewensDirector at the Institute of Management and Pro-fessor of Strategic Management and Organisation at the University of St.Gallen.

13 Dr. Pushkala L. RatanExpert for renewable energy in Asia Pacific with working experience at the World Bank in Washington DC, Vestas Wind Systems in India and Deutsche Bank in Singapore, as well as teaching ex-perience at the Nanyang Business School in Singapore.

14 Prof. Dr. Thorsten Staake Professor for Energy Efficient Systems, University of Bamberg & Director of the Bits to Energy Lab at ETH Zurich and the University of St.Gallen.

15 Prof. Dr. Sven ReineckeExecutive Director of the Institute of Marketing (IfM) and Associate Professor of Marketing at the University of St.Gallen.

16 Prof. Dr. Gernot SpiegelbergHead of Electromobility Corporate Technology, Siemens AG.

17 Prof. Dr. Rolf WüstenhagenGood Energies Professor for Management of Renewable Energies at the University of St.Gallen, Director of the Institute for Economy and the En vi ronment (IWÖ-HSG).

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Administrative details

Admission requirementsIn principle, a first academic degree is required for admission to REM-HSG. The programme is designed for applicants with an interest and back-ground in renewable energies as well as topics and industries related to energy. Applicants should have at least three years of professional experience at a medium or higher management level. Furthermore, the application must be accompanied by a description of a personal management challenge.

ApplicationAn application form is attached to this brochure and can be downloaded at www.es.unisg.ch/rem. In addition to supplying relevant data on edu-cational and professional background, the sending of a motivation letter is crucial. Since class size is limited and diversity is an important admission criterion, early application is encouraged. For the application deadline, see application form.

Graduation requirementsParticipants will receive grades for their course performance and their diploma thesis. The graduation ceremony will take place at the end of the final module at the Singapore Hub of the University of St.Gallen.

Recognition of studies towards IEMBACandidates who have successfully completed REM-HSG and wish to continue their studies toward the International Executive MBA of University of St.Gallen (IEMBA-HSG) will get their credits and tuition fee partly recognized upon successful application.

Participant profilesThe programme is especially designed for: Managers and entrepreneurs in the field of

renewable energies Management in energy technology and

engineering companies Energy portfolio managers in electric utilities,

oil and gas companies Investors in the renewable energy market Business development managers in energy- related industries Representatives of energy agencies or

non-governmental organisations who wouldlike to leverage their impact by gaining adeeper understanding of business perspectivesabout renewable energy

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The REM-HSG network and the annual St. Gallen Forum for Management of Renewable Energies – a strong alliance

All participants of the REM-HSG programme will get exclusive access to the renewable energy network, which includes REM-HSG Alumni as well as Alumni from the Executive MBA in Euro-pean Utility Management of Jacobs University Bremen. This exclusive network connects managers in the field of renewable energy and offers a host

of opportunities for networking, the exchange of experiences, and initiation of further cooperation. Network members will have the opportunity to interact with each other at Alumni meetings on a regular basis. Further, they will receive a 20% discount on participation at the annual St. Gallen Forum for Management of Rene wable Energies.

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Diploma of Advanced Studies in Renewable Energy Management (REM-HSG)

Academic Director: Prof. Dr. Rolf Wüstenhagen

Contact for information and admission: Pascal VuichardTigerbergstrasse 2CH-9000 St. Gallen Telephone +41 (0)71 224 25 38 rem@unisg.chwww.es.unisg.ch/rem

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