Economic Analysis, Financing & Modelling for Renewable Energy

Description

Economic and Financial Analysis of Renewable Energy is a class that will work through analysis of different renewable technologies including LCOE, pricing for renewable energy projects, resource analysis and financing. The course will be hands-on where participants take turns sharing the screen and demonstrate how you can construct renewable analysis and evaluate materials that incorporate a variety of economic and financing issues. The course put emphasis on practical techniques with current data and covers batteries as well as corporate PPA’s. The outline below is separated into five different sessions.

What you will learn

• Incorporate energy storage and battery analysis in analysis of renewable energy from an energy storage perspective and from an ancillary service point of view
• Learn practical tools to analyse renewable energy including efficient tools to work with wind, hydro and solar data; creating flexible scenario and sensitivity analysis to evaluate resource risk, construction risk, O&M risk and debt structuring; developing techniques to resolve circular references related to funding debt and sculpting debt without copy and paste macros.
• Understand the implications of project finance features in the context of renewable energy (sculpting, debt funding, debt size, DSCR, DSRA, debt tenor, re-financing) on costs and equity returns from renewable energy.
• Develop efficient ways to quickly compute the levelised electricity cost of different technologies using carrying charge factors and alternative financial models.
• Work through resource assessments and compute probability of achieving different levels of production (P90, P75 etc.) using hands-on exercises for different types of projects in order to effectively review consulting studies.
• Create flexible and transparent financial models of renewable energy from A-Z that incorporate resource risk, financing structure, tax treatments, alternative pricing policies and other factors.
• Evaluate the economics of renewable energy (including ancillary services) in the context of merchant markets and review the structure of corporate PPA contracts.