This unique course offers an in-depth review of renewable energy technologies, with a special focus on solar, wind, and biomass energy systems. It covers the fundamentals of each technology, methodologies for resource assessment, commercial factors, and their associated environmental impacts. The course extensively examines the financial and economic evaluation of power generation projects. Through practical exercises, participants will learn how to apply financial models and analysis tools to assess project feasibility, accounting for policy incentives, market dynamics, and environmental considerations.
Program coverage is designed to provide the knowledge and skills needed to critically evaluate renewable energy projects, considering technical, economic, and policy dimensions, preparing power industry professionals for careers in renewable energy project development, financial analysis, and policy advisory roles, among others.
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$5,750
Out of stock
The program is designed with a blend of learning formats consisting of interactive lectures by an experienced industry specialist, group discussions of case studies, as well as team assignments and exercises.
This program is designed for managers, executives, specialists, and government officials who wish to learn the technical fundamentals and commercial aspects of Renewable Energy project development, including available technologies, the project development process, policy incentives, and sustainability practices. Participants will develop the necessary skills to evaluate renewable energy projects from both technological and commercial perspectives, helping them to make more informed decisions and effectively navigate the complexities of the clean energy sector.
Impact of Greenhouse Gas (GHG) emissions on climate, history of energy demand, supply, and emissions through 2020, CO2 budgets and projections of energy demand, supply, and emissions through 2050 provided by the transition to renewable energy; other actions to reduce emissions including hydrogen and carbon capture & storage and an accelerated path to net-zero carbon by 2050.
Overview of renewable energy sources and their role in the global energy transition. Environmental, social, and economic drivers for renewable energy adoption. Global renewable energy markets.
Physical principles and technologies behind solar PV, wind turbines, and biomass conversion. Resource evaluation and site selection for solar, wind, and biomass projects.
Renewable and reliable electric power options to reduce carbon footprint; learning curves and the economics of power generation; potential reliability and support of battery storage; use of electricity to reduce fossil fuel usage in various regions of the world. Examples of renewable power projects that reduce fossil fuel usage.
Steps in developing renewable energy projects from inception through commissioning to operation. Risk assessment, management strategies, and stakeholder engagement.
Lifecycle analysis of renewable energy projects. Identification and mitigation of environmental impacts. Evaluating sustainability practices to improve project viability.
Overview of financial metrics (NPV, IRR, Payback Period) and their significance. Detailed breakdown of project costs (Capex and Opex), revenue models, and cash flow analysis.
Building financial models for solar, wind, and biomass projects, incorporating escalation rates, tax implications, and depreciation. Accounting for government incentives like ITC and PTC in project financials.
Examination of global and local energy policies, incentives (ITC, PTC), and their impact on project economics. Regulatory frameworks and safety standards for project development and operation. Government’s role in the ownership and development of renewable energy projects. Policy incentives and commitments towards renewable energy generation targets.
Explores the integration of renewable energy sources, such as solar, wind, and biomass, into the existing grid. It covers technical standards for grid compatibility, financial implications of connectivity costs, regulatory influences like feed-in tariffs, and the importance of grid impact assessments. Challenges related to intermittent energy sources, the role of modern grid technologies, and case studies on successful integration, highlighting the comprehensive approach needed for effective renewable energy deployment.
Greenhouse Gas (GHG) Protocol Standards, Scope 1-3 Emissions, Life Cycle Assessment process, carbon and methane accounting and mitigation options, preparing a cost-based decarbonization strategy, reporting progress. Case study examples of various companies.
Setting Decarbonization Plans, Goals and Reporting of Progress.
Review of a selection of country, state and corporate decarbonization plans and review of their progress including several countries submission of Nationally Determined Contributions to the UN: one major oil company, one non-oil company, and one major state.
Analysis of real-world renewable energy projects using financial models. Step-by-step process of creating a business plan for renewable energy project.
Innovations in renewable energy technologies and their potential impact. Future directions for policy, market expansion, and technological advancements.
Your team is in charge of managing a Power Company which is interested in developing solar and wind projects in South Africa. You are also looking at partnership opportunities with the National Power entity evaluating getting into power sales and purchase agreements (PSA and PPA). Not only do you want to grow your business on a long-term basis, but you also want to participate in the campaign to achieve net-zero carbon emissions as well as forming a sustainable low-carbon power business for the future. What decisions would you make to reduce your carbon footprint and transform your company into a more resilient “future of power” entity. Teams of participants will be given set of project assignments as they manage and expand the power business towards a sustainable low-carbon future. The project simulation will end with team presentations to the board members of the power company.
