Description

Designed for you, if you are...

• A professional with a technical background (e.g. engineering)
• A professional with basic finance or project economics knowledge

How we build your confidence

The benefits from attending

• Develop a comprehensive understanding of the energy transition, integrating technical, economic, financial, policy, digital, and social dimensions
• Learn to assess the impact of various policy instruments (e.g., carbon pricing, subsidies, taxes) on investment decisions and project feasibility
• Examine the economic and financial implications of emerging energy carriers (hydrogen, biogases) and technologies (CCUS, electricity storage)
• Network with professionals by engaging with a diverse group from technical, financial, and policy backgrounds, fostering valuable connections and knowledge exchange
• Exchange perspectives with peers across technical, financial, and strategic disciplines

Topics

• Global Drivers & Rationale for the Energy Transition
  - Climate change fundamentals and the underlying assumptions
  - Analysis of climate, resource, and geopolitical imperatives
  - Market failures, externalities, and regulatory challenges
• Fundamental Prerequisites and Core Assumptions:
  - Essential conditions (infrastructure, technology, regulation) required for a successful transition
  - Technology availability and localisation
  - Regulatory stability and investment certainty
  - Key cost drivers
  - Group Brainstorm: Challenges and preconditions for the energy transition

• Economic Tools and Policy Instruments
  - Fundamental tools for (financial) project evaluation (e.g., NPV, IRR, amortisation)
  - Evaluation of pricing mechanisms (carbon pricing, subsidies, taxes) that drive investment decisions
  - Workshop: Develop models to assess the impact of policies on investment flows and project feasibility
• Financing the Energy Transition
  - Overview of financing models (debt, equity, PPPs, green bonds) and discussion on who ultimately pays for the transition
  - Fundamentals of Levelized Cost of Energy (LCOE)
  - Fundamentals of risk assessment
  - EU taxonomy for sustainable finance and sustainability reporting
  - Case Exercise: Discussing a basic project finance structure for a renewable project, including risk assessment and a potential sensitivity analysis
• Market Prices
  - International electricity and energy commodity prices
  - Statistical analysis and comparison
  - Impact of geopolitical events on energy markets and prices
  - Forecasting ('standard' and machine learning)

• Emerging Energy Carriers: Hydrogen and Low-Carbon Molecules as biogases
  - Hydrogen value chains: production, transport, and end-use
  - Hydrogen: Review of recent technological developments, cost drivers, competitiveness, and analysis of recent market developments
  - Biogases (incl. synthetic gases, biomethane): Fundamentals, production economics, cost challenges, and market uptake
  - Interactive Debate: Evaluate the conditions required for hydrogen and biogases to be cost-competitive
• CCUS Economics and Carbon Finance
  - Carbon Capture, Utilisation, and Storage (CCUS) fundamentals
  - Challenges for CCUS projects, including CAPEX/OPEX structures, carbon credit mechanisms, profitability thresholds and subsidies
  - Case Study: Estimate financial parameters for a CCUS project and discuss its integration within broader carbon markets

• Electricity Storage
  - Overview of batteries and alternative storage solutions
  - Technical limitations, cost trajectories
  - Investment gaps vs. over-investment
  - Economic value of flexibility and system services
• Government Policy and Support Schemes for Renewable Energies
  - Selected national and international initiatives, directives, rules and regulations
  - Incentives and barriers to investment
• Integrative Workshop
  - Teams refine their project finance models by integrating insights from renewable finance, emerging energy carriers, storage, and digital transformation
  - Discussion: Help compare assumptions and projected outcomes

• Digital Transformation in Energy Systems
  - Potential and restrictions of AI in the energy business
  - Smart grids, distributed generation, and IoT, in modern energy infrastructure
  - Cybersecurity in the energy business
• Extending Networks for an 'All-Electric Society'
  - Fundamentals, e.g., electrification of transportation, building and industrial electrification
  - Challenges as, e.g., investment requirements, and regulatory hurdles
• ESG, Risk Management and Stakeholder Engagement
  - Environmental, Social, and Governance (ESG) criteria and risk management strategies as they pertain to energy investments
  - Impact of ESG on economic viability
  - Interactive Exercise: Role-playing negotiation and stakeholder engagement scenarios, where participants act as investors, regulators, and community representatives

• (Financial) Market View: Conventional vs. Renewable Energy Companies
  - Comparative analysis of share performances, performance metrics, risk profiles, and strategic positioning of fossil fuel companies versus renewable energy firms
  - Data Analysis Exercise: Evaluate financial indicators and market trends to assess competitive strengths and weaknesses

• Final Presentations: Each team presents a comprehensive roadmap for advancing the energy transition, followed by a moderated Q&A session
• Synthesise course learnings to propose integrated strategies that encompass technical, financial, infrastructure, digital, and ESG perspectives