Online example shown below, based on 3 x 3-4 hour sessions.
For questions or customisation requests contact: email@example.com
Course objectives – is this for you?
This course is intended for those seeking to understand the processes in taking renewable power projects from development to operation and identifying the risks to project completion.
You will leave with a clearly explained review of project development essentials, including key processes, risks, contracts and risk mitigation approaches. As a commercially-focused person, you need to have these issues discussed within a business case and investment context, illustrated by examples from around the world and taking into consideration the latest trends. You want to build a knowledge base and skillset that is applicable to power projects of multiple types, so that it remains useful wherever your career next takes you.
Session 1: Project phases, risks and contracts
In developing renewable power projects, a primary objective is to put in place the processes and structures that maximise returns and quantify and minimise risks.
Processes, milestones and location choice
Development, Construction & Operations: timelines, processes and risks.
Key planning and permitting issues
Stakeholder identification and management
Resource and site assessment, including grid access
Environmental impact assessment
Key contracts and risk transfer
Requirements for bankability and financial close
Turnkey construction and EPC (engineering, construction & procurement)
Operations and maintenance (O&M) and service provision
Other factors including supply chain and local content requirements
Session 2: Renewable power projects compared, contrasted & extended
‘Renewables’ covers a number of contrasting power project types, which face different and specific development challenges and risks.
Site selection and project development specifics
Key contrasts: solar, wind, hydro, geothermal, biomass
Land use and suitability
Project sizing, including grid export
Common stakeholder issues and mitigations
Project timescales and associated risks
Developing dispatchable and integrated renewable power projects
Considerations in adding energy storage to renewable power plants
Considerations in adding hydrogen production (electrolysis) to renewable power plants
Optimising plant design, infrastructure costs and other factors
Differences between retrofit and built-for-purpose projects
Flexibility, phasing and the permitting process
Session 3: Developing the investment case for financial close
The ultimate aim of a renewable power project is to make money, but the investment case isn’t just about numbers on a spreadsheet – it is intimately linked to the work done and choices made during project development.
Revenues, channels to market and ‘market fit’
Variability, off-takers and value: common and contrasting features
Power purchase agreements
Auctions and ‘subsidy-free’ sales
Tapping into corporate customers
Value erosion and mitigation
Mapping risks and sensitivities onto the investment case
Identifying key areas of uncertainty
Internal and external risks, including policy
Mapping project development processes to operational and investment risks, and financing costs
Mapping business plan variables back to development stage choices
Summary: a project development checklist
Further inquiries to: firstname.lastname@example.org