Booking options
£1,499 - £1,599
£1,499 - £1,599
Delivered In-Person
Intermediate level
Economic and Financial Analysis of Renewable Energy is a 3-day course that will work through the analysis of different renewable technologies, including LCOE, financing, resource analysis and pricing.
The course will be hands-on where participants take turns sharing the screen and demonstrate how they can construct renewable analysis that incorporates a variety of economic and financing issues. The course places an emphasis on practical techniques with current data. The course covers five different sessions.
TRAINING OBJECTIVES
Upon completion of the course, the participants will be able to:
Incorporate storage and battery analysis in the 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 Power Purchase Agreement contracts.
TARGET AUDIENCE
This course is intended for professionals in:
Corporate planning
Economics
Investment analyst
Corporate / project finance
Business development
Infrastructure advisory
Heads of businesses
Utility Companies (Power, IPP, etc.)
Banks and finance companies
Government ministries and departments
Power equipment manufacturers
International finance institutions
Consultants in Renewable Energy
Financial modellers
Multilateral agencies
COURSE LEVEL
Intermediate
TRAINING METHODS
The training course is presented in an interactive workshop format that allows discussion. The course will be delivered through analysis of case studies and running examples of problems.
Course Duration: 3 days in total (21 hours).
The training instructor relies on a highly interactive training method to enhance the learning process. This method ensures that all participants gain a complete understanding of all the topics covered. The training environment is highly stimulating, challenging, and effective because the participants will learn by case studies which will allow them to apply the material taught in their own organization.
Training Schedule
0830 – Registration
0900 – Start of training
1030 – Morning Break
1045 – Training recommences
1230 – Lunch Break
1330 – Training recommences
1515 – Evening break
1530 – Training recommences
1700 – End of Training
TRAINER
Your expert course leader provides financial and economic consulting services to a variety of clients, he teaches professional development courses in an assortment of modelling topics (project finance, M&A, and energy). He is passionate about teaching in Africa, South America, Asia and Europe. Many of the unique analytical concepts and modelling techniques he has developed have arisen from discussion with participants in his courses. He has taught customized courses for MIT’s Sloan Business School, Bank Paribas, Shell Oil, Society General, General Electric, HSBC, GDF Suez, Citibank, CIMB, Lind Lakers, Saudi Aramco and many other energy and industrial clients. His consulting activities include developing complex project finance, corporate and simulation models, providing expert testimony on financial and economic issues before energy regulatory agencies, and advisory services to support merger and acquisition projects.
Our key course expert has written a textbook titled Corporate and Project Finance Modelling, Theory and Practice published by Wiley Finance. The book introduces unique modelling techniques that address many complex issues that are not typically used by even the most experienced financial analysts. For example, it describes how to build user-defined functions to solve circular logic without cumbersome copy and paste macros; how to write function that derives the ratio of EV/EBITDA accounting for asset life, historical growth, taxes, return on investment, and cost of capital; and how to efficiently solve many project finance issues related to debt structuring. He is in the process of writing a second book that describes a series of valuation and analytical mistakes made in finance. This book uses many case studies from Harvard Business School that were thought to represent effective business strategies and later turned into valuation nightmares.
Over the course of his career our key course expert has been involved in formulating significant government policy related to electricity deregulation; he has prepared models and analyses for many clients around the world; he has evaluated energy purchasing decisions for many corporations; and, he has provided advice on corporate strategy. His projects include development of a biomass plant, analysis and advisory work for purchase of electricity generation, distribution and transmission assets by the City of Chicago, formulation of rate policy for major metro systems and street lighting networks, advocacy testimony on behalf of low income consumers, risk analysis for toll roads, and evaluation of solar and wind projects. He has constructed many advisory analyses for project finance and merger and acquisition transactions.
Lastly, our key course expert was formerly Vice President at the First National Bank of Chicago where he directed analysis of energy loans and also created financial modelling techniques used in advisory projects. He received an MBA specializing in econometrics (with honours) from the University of Chicago and a BSc in Finance from the University of Illinois (with highest university honours).
POST TRAINING COACHING SUPPORT (OPTIONAL)
To further optimise your learning experience from our courses, we also offer individualized “One to One” coaching support for 2 hours post training. We can help improve your competence in your chosen area of interest, based on your learning needs and available hours. This is a great opportunity to improve your capability and confidence in a particular area of expertise. It will be delivered over a secure video conference call by one of our senior trainers. They will work with you to create a tailor-made coaching program that will help you achieve your goals faster.
Request for further information post training support and fees applicable
We are proud to announce that Petroedge and PowerEdge, two leading training companies in the energy industry, is now called EnergyEdg...