Energy Technologies and Economics

A more sustainable future is not possible without smarter energy use and advanced solutions. In this programme you will learn about the latest energy technologies, their efficiency and cost effectiveness. Combining engineering and economics, you will learn how to plan the development of energy systems, assess risks and forecast technology needs. Graduates of the Energy Technologies and Economics study programme will become professionals capable of tackling complex energy challenges, from corporate energy savings to national projects.

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Programme values

Students and lecturers collaborate in an engineering lab where real-world solutions are created – from mechanical systems to cutting-edge research. This is the essence of hands-on learning at KTU, driven by innovation and impact.

Valued by industry leaders

You will develop a strategic approach to the development of the energy sector, understanding its impact on both technological progress and economic growth. You will gain in-depth knowledge of advanced energy technologies, their application and management while acquiring the economic skills to make effective business and investment decisions.

KTU’s Santaka Valley building – a state-of-the-art research and innovation hub where academia and business collaborate. This is where future solutions are born.

Inspiring learning environment

This degree is designed for working professionals, with a cyclical blended learning approach that allows you to combine study with work. You will have access to the University’s Bloomberg Lab and a state-of-the-art Renewable Energy Technology Laboratory, where you can carry out advanced energy calculations.

Students from KTU’s GIFTed program tackle real-world challenges using the mind map method – this is a space for high-potential youth to collaborate, think creatively, and lead with purpose.

Real-world cases

Throughout the studies, industry experts will share real-life experiences and practical insights. The programme combines engineering and business to prepare future energy leaders. It is a programme for future professionals as it develops the ability to address complex challenges and apply advanced technologies for strategic solutions.

A student raises his hand during discussion – KTU encourages active participation, critical thinking, and self-driven decision-making. Flexible study paths allow each learner to shape their own academic journey.

New Freedom to shape your path

It is an interdisciplinary study programme combining technology and economics.

Career opportunities

Integrate expertise in both technology and economics.
This programme equips you with comprehensive knowledge of energy production and consumption technologies, while also developing your ability to assess and address economic challenges within the energy sector. You will be prepared to tackle not only technical issues but also financial and managerial tasks, creating sustainable, efficient, and cost-effective solutions.

Upon graduation, a broad range of career opportunities in various organisations will be open to you:

Energy Project Manager

Coordinates with service providers on active projects, ensuring efficient management of budgets, resources, risks, and procurement processes. Proposes initiatives to enhance operational performance.

Company Head (private or public sector)

Develops the business strategy of the company. Coordinates, plans and organises the unit’s activities using rational and efficient solutions.

Energy Systems Analyst and Consultant

Analyses energy markets, forecasts energy needs and advises businesses and governments on energy issues.

Admission requirements and programme structure

Cycle – second cycle

Field – power engineering

Form, duration – full-time studies (2 yr.)

Study type – evening-time, cyclic, blended learning

Location – Kaunas, Faculty of Electrical and Electronics Engineering

Language – english, lithuanian

Degree awarded – master of engineering sciences

Yearly price ⁱ : full-time studies – 5538 €, price per credit – 92,3 €

Financial support »

Semester

Module name	Credits	Method of organisation

Artificial Intelligence in Smart Grids	6	Blended learning
Energetic Systems Analysis	6	Blended learning
Energy Economics	6	On-campus learning
Energy Systems	6	Blended learning

Electives 1 (Select 6 cr.)

Social Responsibility	6	Blended learning
Strategic Management Accounting	6	Blended learning

Module name	Credits	Method of organisation

Financial Management Decisions	6	Blended learning
Markets of Energy Resources	6	Blended learning
Power System Planning	6	Blended learning
Research Project 1	6	Blended learning

Electives 2 (Select 6 cr.)

Efficient Energy Consumption	6	Blended learning
Managerial Economics	6	Blended learning

Module name	Credits	Method of organisation

Economical Valuation of Innovations	6	Blended learning
Environment Protection in Energy Production	6	Blended learning
Research Project 2	6	Blended learning
Workers Safety and Health	6	Blended learning

Electives 3 (Select 6 cr.)

Financial and Economic Analysis of Energy	6	Blended learning
Sustainable Energy	6	Blended learning

Module name	Credits	Method of organisation

Blended learning

Good to know

Module – a part of a study programme consisting of several related topics.
Credit – a unit of the volume of a study module in hours.
On-campus – learning on the university premises.
Blended – learning on the university premises and online.

Module – a part of a study programme consisting of several related topics.
Credit – a unit of the volume of a study module in hours.
Blended – learning on the university premises and online.

Module – a part of a study programme consisting of several related topics.
Credit – a unit of the volume of a study module in hours.
Blended – learning on the university premises and online.

Module – a part of a study programme consisting of several related topics.
Credit – a unit of the volume of a study module in hours.
Blended – learning on the university premises and online.

Admission requirements

University bachelor degree certificate:	Engineering sciences, technologies, mathematical sciences, computer sciences and physical sciences or economics, management or business.
Proficiency in English:	IELTS ≥ 6.0, TOEFL ≥ 85, CEFR ≥ C1, or previously completed studies in english language.
Transcript requirements:	Obtain a suitable transcript of your bachelor's degree from your school. If unavailable, provide official translations and verified copies of the original documents.
Accepted languages:	English / Russian
Document legalisation:	The documents must be legalised (Apostille) by the Ministry of Foreign Affairs of the country where the documents were issued. This requirement does not apply to the documents issued in the EU and Belarus, Ukraine.

Score structure

◼	0,9	average grade (CGPA) of University‘s Bachelor’s degree (min. length – 180 ECTS) and its supplement
◼	0,1	motivation letter and online interview
+	≤ 4	additional points

Additional points

science activities (scientific publications, presentations at scientific conferences, participation in exhibitions, work in student science society or science group etc.) or art activities (publication or realization of artwork, participation in art exhibitions, contests of architecture)	≤ 2
at least 1 year of work experience in the field of study programme	0,5
graduated from academic talent development program in higher education institution (for example "GIFTed talent academy")	0,5
partial studies in the higher education institution abroad with ≥24 ECTS completed	0,5
bachelor's or master's (if integrated study programme is completed) degree diploma with honours	0,5

admission procedure

Testimonials

Portrait photo of a young man with short hair, wearing a denim jacket and a white T-shirt. He is looking at the camera with a slight smile, against a neutral grey background.

My master’s added basic economics knowledge and skills to the engineering background I acquired during my undergraduate studies. During my master’s studies, I took part in a European Union project closely related to my thesis on the optimisation of energy storage devices. This study programme is an excellent choice for young people who are looking to broaden their knowledge in different disciplines and gain a better understanding of not only engineering but also economics.

Tautvydas Šikšnys

2nd year student

Portrait photo of a man with short brown hair, wearing a light blue shirt and a bow tie in the colors of the Lithuanian flag. He is looking at the camera and smiling, with a neutral greyish background.

I wanted to contribute to Lithuania’s energy independence, and since my work is in the thermal energy sector, I chose this study programme. The main challenge was travelling to lectures from Klaipėda, but after a while, I got used to it and it became a ritual. Since graduating, I have been able to expand the range of energy-related services in the company where I work.

Aivaras Vasylius

Technical Director, Velma

Continuing with a master’s degree is important for those who want to gain more economic and technological knowledge of the energy sector. The knowledge and skills acquired at KTU can be practically applied in a wide range of areas, from occupational safety to global challenges in the energy sector. It is not only students’ abilities that are evaluated here, but also their initiatives and desire to improve.

Aistija Vaišnorienė

Advisor of Electricity Division, NCC

International mobility partners

Join an exchange programme with our international partners:

more about exchange studies

FAQ

How does the programme help to better understand global energy issues?

The Energy Technologies and Economics programme addresses global challenges such as climate change, fossil fuel dependency and the need for sustainability. You will understand how to transition from fossil fuels to clean energy and to reduce CO₂ emissions on a global scale, how the energy sector affects the global economy and politics, energy supply chains, geopolitical conflicts over resources and their impact on the global market. You will learn how to develop sustainable, economically viable and socially responsible energy strategies that contribute to a cleaner and safer global future. You will not only gain knowledge of global energy issues but also develop practical skills to address them.

Will I learn about the application of AI?

Yes, in the first semester, students are introduced to Artificial Intelligence and its application to various data analysis and visualisation in the field of energy, modelling and analysing processes in smart grids using machine learning and historical data. Students can apply the acquired skills in research projects and master’s theses.

Why should I choose this programme?

The Energy Technologies and Economics programme provides the technical, economic and managerial skills required for the modern development of the energy sector. Students acquire knowledge not only of energy technologies, but also of economic and managerial aspects. Interdisciplinary skills enable them to work in both technological and economic positions. This gives them an advantage in the labour market.