Throughout this two day course, you will learn about the context of PPAs, the definition of the economic terms of the sale of energy and the risks addressed in the PPA.
You will also learn the role of the lenders in PPAs and the components within a PPA that specifically address lenders’ concerns. You will also focus on the dispute resolution and look beyond the PPA.
DAY 1 WILL TAKE PLACE FROM 9.00AM - 5.00PM
I. Introduction: Objectives and components of a PPA
II. Power industry, markets, participants and types of PPAs
III. Definitions of economic terms and pricing
IV. Risk assessment: Risks for sellers and buyers and how to address them in a power purchase agreement
DAY 2 WILL TAKE PLACE FROM 9.00AM - 5.00PM
I. Using a PPA to finance a renewable energy power plant with debt and equity.
II. Negotiating a PPA
III. Other PPA clauses including dispute resolution, insurance requirements and technical issues
IV. Related agreements: Equipment, Procurements Construction (EPC) contract, operations & maintenance (O&M) agreement, project implementation agreement, supply contracts
and reorganization agreement
V. Overview of PPA markets: the European Union (in particular UK), North America, Africa & Middle East, Asia Pacific.
In practice sessions, delegates will review real-life power purchase agreements:
Workshop 1: Extract from a PPA the tariff structure for physical delivery, tariffs for non-delivery or deemed delivery, terms and conditions under which those payments are to be
IF YOU WOULD LIKE MORE INFORMATION, CONTACT:
Training and Development Manager
+44(0) 203 598 9680
Due to their relatively high capital costs of renewable energy power plants, investors require long-term certainty about the plant’s ability to sell the power it generates. This is usually achieved through a long-term power purchase agreement. Because of its significance in the financing process, its content is crucial. By attending this course you will be able to fully understand the components of PPAs, learn how to analyse agreements and take active part in negotiations.
Your renewable energy trainer this year will be Joachim Baumgaertner who is founder and managing director of Green Rhino Energy, an independent specialist consultancy advising companies in clean energy across the value chain and technologies.. Read more about Joachim below:
Green Rhino Energy Ltd
Joachim brings project ideas to fruition by bridging complementary areas of renewable energy technologies, project finance and experience in project development. Joachim has been involved as both consultant and developer in utility-scale solar and wind power, solar greenhouses and waste to energy plants with a focus on Africa, including South Africa,
Zimbabwe, Ghana, Sierra Leone, Egypt, and Namibia.
Joachim has been part of a team winning project competitions held at “Making Solar Bankable” in Amsterdam and “Africa Energy Forum” in London 2016 for the development of a solar portfolio in Sierra Leone. Joachim was featured on 21st Century Business TV shown on CNBC Business and Fox Business. He has been guest speaker at conferences, e.g. “Utilityscale PV” in Milan 2011 and Envirotech Summit 2013 in London.
Prior to founding Green Rhino Energy in 2008, Joachim managed global projects in credit trading and market risk management at HSBC in London, Hong Kong and New York, and consulted for BP International on its strategic credit risk management platform. Joachim has a Masters in Electrical Engineering from the University of Stuttgart. As an engineer he conducted research into off-grid hybrid renewable energy systems with solar photovoltaics, wind turbines, batteries and diesel engine at the Centre for Renewable Energy in Loughborough, where he was awarded an MPhil. He gained an MBA with distinction from London Business School.
If you are interested in attending this course please do not hesiate to get in touch with:
Training & Development Manager
T: +44 (0) 203 355 4208
If you would like to find out more about this course, please download the brochure by clicking the button below:
To book your place online, please click below: