The GrEnFIn Alliance intends to shape a new Sustainable Energy Expert, through a Joint Study Programme targeted to HE students and a Professional Module targeted to personnel actually operating in the energy job market. The enterprises will play a central role as a constant link to energy market needs for a sustainable growth of the economy, in identifying the expected learning outcomes, the key competences and skills of the professional figures to develop in order to meet those specific needs of the job market.
In line with the complexity of the market needs, the Master shall provide thorough understanding of energy industry and sustainable finance fundamentals; it shall examine economics, climate and social policies as well as the impact of technological change on the cost structure of energy projects and on the future role of energy in the global economy; it shall shape experts in energy management but also risk managers at different levels and considering all segments, from production to distribution, from day-ahead to intra-day balancing markets, including environmental risk into financial decision-making. Partners will exploit new teaching methodologies through the use of cloud tools that will allow to limit the project environmental footprint. In addition, they will develop collaborative open training tools based on discussion of case-studies. The shared learning materials will be collected during project running in a sort of guide, i.e. Energy Maps and will be used to train Students and Professionals from companies. The classes will be co-designed and implemented with energy business experts and will cover topics in climate-finance risk and impacts for the energy sector, renewable vs traditional energy projects, sustainable finance instruments, mathematical finance and financial econometrics for energy portfolios' analysis, climate and energy policies and regulations, energy economics.
The aim of the project is then the creation of an innovative, institutionalized and integrated joint study path at European level in the energy field with a special focus on the green energy and sustainable finance, the development of new learning and teaching methods based on real-problems and the provision of transversal and interconnected skills. The study path will consist in an educational programme addressed to the development of three different skills, i.e. quantitative skills (involving math, probability, statistics and programming), economic and financial knowledge, and competence in renewable energy and green financial products to foster investments in renewable energy production and commercialization, and to hedge the natural risk.
The Consortium will contribute to the teaching in their main competence subjects, with an integrated work between academies and industries always updated and in line with the sustainable policy of the European Commission, in order to have the best educational offer for students.
It follows that the proposed educational programme contains a subject which is in line with the policy in sustainability and is innovative because of its different and unique features with respect to the existing educational programme and the EIT-KIC projects. Innovation is one of the main focus of the programme - in terms of finance for the sustainable energies, meaning the way to use finance for supporting the green energies - and also on the structure of the study path that will be a real international joint educational programme, jointly realized by Academies and Industries. Hopefully it will be the first Erasmus Mundus Programme in Green Energy Finance.