Best Master Thesis Award

The Department of Business and Management Science invites submissions for the Best Master Thesis Award for the academic year 2023/2024.

All students who submitted their thesis under the (co)supervision of a member of the Department of Business and Management Science in Fall 2023 and Spring 2024 are eligible.

The winner(s) will be awarded a total amount of 20 000 NOK and will have the opportunity to present their thesis to the department.

Eligible students either have to apply for the award themselves or have to be nominated by their supervisor. 

An application consists of

  • the authors
  • the pdf file (plus attachments)

Please apply to [email protected] within 6 October 2024.

The theses will be evaluated by a committee consisting of four faculty members.

Previous winners

Supervisors:

Supervisors: , and

Lars Skaugen Strømholm and Raag August Sandal Rolfsen

Supervisors: and

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  • Department of Business and Management Science

Best Master Thesis Award to Strømholm and Rolfsen

From the Lehmkuhl Grant award: From left Professor and Lehmkuhl Grant committee member Jan I. Haaland, Raag August Sandal Rolfsen, Lars Skaugen Strømholm and NHH Rector Øystein Thøgersen. Photo: Helge Skodvin.

7 December 2021 15:20

Best Master Thesis Award to Strømholm and Rolfsen

Lars Skaugen Strømholm and Raag August Sandal Rolfsen are the winners of the Best Master Thesis Award at the Department of Business and Management Science for 2021.

With their thesis entitled Flexible hydrogen production: A comprehensive study on optimizing cost-efficient combinations of production and storage capacity to exploit electricity price fluctuations , Strømholm and Rolfsen are the first winners of the newly established Best Master Thesis Award at the Department .

Their supervisors  Mette Bjørndal and Endre Bjørndal have written the following description of the award winning thesis:

The master thesis of Strømholm and Rolfsen focuses on the production and storage of so-called green hydrogen - a question of great importance for sustainability and the transition to new, renewable energy sources. Specifically, they are developing a mathematical decision-making model to assess whether fluctuations in electricity prices can be exploited to produce green hydrogen through electrolysis in a profitable way.

They look at different assumptions regarding production capacity, storage capacity and price fluctuations in the electricity market. Among the important findings in the analysis can be mentioned that large investments are required to be able to take advantage of price fluctuations, that profitability will depend critically on the technical solutions and the specific market situation, and that investments in storage capacity will be particularly important.

Strømholm and Rolfsen presented their work on a Department Seminar on Friday 3 December, when they were officially proclaimed winners .

Earlier this Autumn Strømholm and Rolfsen were awarded the Lehmkuhl Grant for their master thesis. This was not known by the members of the evaluation committee at the Department when they made their decision.

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