This two-day course provides a comprehensive understanding of how renewable energy projects are valued and financed in today’s rapidly evolving energy landscape.
This course is relevant for policy makers, financial analysts, and investors. Participants would obtain an understanding of the politics, capital allocation and cost implications arising from the Energy Transition.
Learning Level
Participants will explore the economic, financial, technological, and regulatory factors that influence investment decisions in renewable energy assets such as solar, wind, and other clean technologies.
The course begins with an overview of renewable energy markets and the technological advancements that have driven significant cost reductions. It then introduces core valuation techniques, including Discounted Cash Flow (DCF) and Residual Income (Economic Value Added – EVA) methods, with a focus on their application to long-term infrastructure projects.
Participants will examine how the cost of capital is determined for renewable energy projects and how policy frameworks, regulatory environments, and government incentives affect project risk and returns. Key commercial arrangements such as Power Purchase Agreements (PPAs), carbon pricing mechanisms, and subsidies are analysed to understand their role in enhancing revenue certainty and project bankability.
The course also covers project finance structures commonly used in renewable energy investments, highlighting risk allocation between equity and debt providers. Advanced valuation tools such as real options, scenario analysis, risk adjustments, and sensitivity analysis are introduced to address uncertainty and flexibility in project decision-making.
The course concludes with practical illustrations and real-world project examples to reinforce learning, followed by an online multiple-choice quiz to assess participants’ understanding of key concepts.
Topics:
MSc (Stirling et Surrey),
PGCertLT, FHEA, ASIP
20+ years - Business Analysis & Finance, Economics Legal & Regulatory
Angus is a tutor of courses in the Business series. He has a career background with ING N.V, Investec Plc, Alliance Trust Plc, and Standard & Poor’s. Angus is a Teaching Fellow and Lecturer in Finance at University of Stirling and is completing a PhD in Economics and Business Administration at LUT in Finland.
Energy transition and renewables
Early development
E&P overview
Reservoir
Wells
Business
Open air
Uncertainty and Risk
e-Products
