Professional Documents
Culture Documents
Participants
The online training is targeted at professionals working in the field of energy who are interested in
acquiring economic and financial knowledge for planning and executing bankable renewable energy
projects. It is also meant for those who are responsible for setting the legal and regulatory framework for
the implementation of such projects. The training is suitable mainly for participants with an academic
background, e.g. in the fields of law, economy, political or natural sciences, or engineering.
Registration
You can register for all online trainings via the registration form at:
http://www.renac.de/en/training-courses/online-training.html
Choose the online training that you would like to register for and click on the link, then on the button
“Register”.
Course fee
The fee for this online training (four courses, one semester) is 1.190€ (incl. 19% VAT)
Early bird discount (before 19.2.2016): 10% - Group discount: 10% - Combination of both: 15%
Payment can be done via VISA, MasterCard and American Express, or per invoice (+ 10€ fee for invoice payments)
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Course content
Economic indicators
Levelised cost of electricity (LCOE)
Net present value (NPV)
Pay-back period
Internal rate of return (IRR)
Debt service coverage ratio (DSCR)
Support mechanisms for renewable energy
Grid parity and fuel parity of renewables
Net metering and feed-in tariff (Fit)
Auction mechanisms (sealed bid and descending clock auctions)
Quota-based mechanisms using tradable green certificate mechanisms (TGCs) and renewable
portfolio standards (RPSs)
Financing renewable energy support mechanisms and frameworks
Electricity markets and revenue streams (the ’merit order effect’)
Support mechanisms and risk perception for project financing
Bankability of wind and PV projects
RE project financing and bankability assessments
o Three different financing options
o The financing process in four steps
Special Purpose Vehicle (SPV) contract negotiation
Business plan requirements from the banker’s perspective
Checklist: risk assessment guidelines and project monitoring
Three case studies (wind turbine, PV plant and biogas plant
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Electives:
(Participants can choose one of the following four technologies)
a) Photovoltaic
PV application
Applications and market development
Solar radiation
System components
System configurations (grid-tied and off-grid)
Introduction to System design and yield estimation
PV technology
Physics of a PV cell, photovoltaic effect
Different types of PV cells and their characteristics
PV modules and arrays: configuration, efficiency and shading
Planning of large-scale grid-connected PV
Components (standards and certificates, PV modules mismatch, inverter concepts, …)
Irradiation measurements, data sources for solar resource measurements
Feasibility study, assessment of location, estimate of yield
Quality criteria for bankable yield assessment studies
Contracts, legal aspects
Environmental conditions, infrastructure, grid connection
Project completion schedule
Commissioning procedure
Operation and maintenance
Please note: the PV-diesel elective course requires some previous knowledge on either PV or diesel systems.
If you are completely new to the field, we advise to choose the PV elective course instead.
Fundamentals of PV-diesel hybrid systems:
Categories of PV-diesel hybrid systems
System components and system sizing
Dynamic system behavior
Economic evaluation
Case studies
Planning of PV-diesel hybrid-power stations („Fuelsaver“)
Global cost advantage of PV-hybrid systems
Feasibility study, load profiles, load projections
Characteristics and dynamic behaviour of diesel gensets
Technical concerns (hybrid system control, communication infrastructure, spinning reserve,
minimum load, fluctuating PV power)
System optimization (generator setup, storage technologies)
Detailed financial analysis (structure of cash-flows, comparison of investments by LCOE)
Installation and commissioning (pre-installation check list)
Maintenance, operation and data monitoring
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c) Biogas
d) Solar thermal
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Media
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Contact person:
Katrin Backhaus
Project Manager E-Learning