Clean Energy Opportunities & Risk Analysis

About the Course

Governments and utilities around the world are investing hundreds of billions of dollars in renewable energy, driven by net-zero commitments, increasing deployment of renewable energy capacity, and decreasing technology costs. Projects of such magnitude are dependent on two key issues: whether the opportunity exists and how well the associated risks are identified and mitigated. Professionals involved in investing in and developing renewable energy projects therefore need the ability to assess these opportunities and risks quantitatively to support informed decision-making. This requires an understanding of project economics alongside the political, market, technical, and financial risks that can influence the successful development and long-term performance of renewable energy projects.

This 5-day Clean Energy Opportunities & Risk Analysis training course will give delegates a structured methodology to assess the opportunity and analyse the associated risks of renewable energy projects. Using Levelised Cost of Electricity (LCOE), Net Present Value (NPV), and Internal Rate of Return (IRR), delegates will perform financial analysis of renewable energy projects and evaluate associated political, market, technical, and financial risks using ISO 31000 risk management principles. Using real-world data, calculations, and case studies from utility-scale solar, wind, and green hydrogen projects, delegates will strengthen their ability to evaluate project opportunities, analyse risks, and support investment decisions. Delegates will also develop an array of practical tools that can be used immediately, including an LCOE and cash flow calculation template, a project risk register, a probability-impact matrix, and a risk allocation checklist for standard contracts used in international renewable energy procurement.

Core Objectives

The delegates will achieve the following objectives:

• Evaluate the renewable energy resources available at a specific site and select the appropriate technologies
• Calculate the Levelised Cost of Electricity (LCOE) for a renewable energy project and identify the principal cost components
• Perform a financial evaluation of a project using Net Present Value (NPV), Internal Rate of Return (IRR), and the payback approach
• Develop a project risk register consistent with ISO 31000 risk management principles
• Conduct project risk assessments using both qualitative approaches, including probability-impact matrices, and quantitative approaches, including sensitivity analysis, scenario analysis, and Monte Carlo simulation
• Apply financial de-risking techniques and contractual risk allocation clauses to minimise the cost of capital of a project
• Identify the responsibilities of project developers, offtakers, and financiers in competitive bidding and Power Purchase Agreement (PPA) processes
• Formulate an investment recommendation based on an assessment of opportunity and risk

Training Approach

This training course combines technical learning with practical application, with approximately 70% dedicated to calculations, exercises, workshops, and case study analysis, and 30% to guided learning. Delegates will engage in practical exercises each day to apply what they learn, including performing Levelised Cost of Electricity (LCOE) calculations using spreadsheets, conducting risk assessments using risk registers, performing sensitivity analysis, and allocating risks within project contractual structures. Case studies will focus on real-world renewable energy projects in international markets, supported by global cost and tariff data, publicly available resource data, and relevant material from IRENA and IEA. Delegates will also receive practical templates for calculations, project risk registers, probability-impact matrices, and risk allocation checklists that can be adapted and applied within their organisations.

The Attendees

This training course is designed for engineers, business professionals, and managers involved in evaluating, developing, financing, and advising on renewable energy projects. Delegates should have numerical skills and a general understanding of energy or infrastructure project evaluation; however, prior expertise in renewable energy finance and risk analysis is not required.

A broad range of professionals will benefit, including but not limited to:

• Project Developers
• Project Managers
• Energy Engineers
• Renewable Energy Engineers
• Investment Analysts
• Financial Analysts
• Business Development Managers
• Commercial Managers
• Risk and Compliance Professionals
• Asset Managers
• Portfolio Managers
• Strategy and Planning Professionals
• Procurement and Contracts Specialists
• Managers and Executives responsible for Energy Investment Decisions

Daily Discussion

DAY ONE: CLEAN ENERGY TECHNOLOGIES

• Clean Energy Technologies: Solar PV, CSP, Wind, Energy Storage, and Hydrogen
• Energy Transition Drivers and Net-Zero Targets
• Global Renewable Energy Policy Frameworks
• Renewable Energy Market Models: Auctions, Feed-in Tariffs, PPAs, and IPP Frameworks
• Investment Policy Drivers
• Renewable Energy Project Lifecycle
• Key Project Stakeholders and Roles
• Global LCOE and Renewable Energy Cost Trends 

DAY TWO: RESOURCE ASSESSMENT AND SITE SELECTION

• Solar Irradiance and Wind Resource Assessment
• Site Selection and Permitting Requirements
• Renewable Energy Technology Screening
• Energy Demand Analysis and Load Matching
• Grid Integration and Curtailment
• Energy Storage and Hybrid Systems
• Green Hydrogen Opportunities
• Renewable Energy Project Feasibility Study Process

DAY THREE: FINANCIAL APPRAISAL

• CAPEX, OPEX, and Project Cost Structure
• LCOE Calculation and Cost Drivers
• NPV, IRR, and Payback Analysis
• Weighted Average Cost of Capital (WACC)
• Project Finance and Cash Flow Modelling
• PPA Structures and Revenue Certainty
• Project Bankability and Lender Due Diligence
• Auction Economics and Tariff Bidding

DAY FOUR: RISK ANALYSIS

• ISO 31000: Risk Management Principles, Framework, and Process
• Risk Taxonomy: Policy, Regulatory, Technology, Financial, and Operational Risks
• Political, Currency, and Offtaker Risks
• Resource and Performance Risks
• Force Majeure and Climate Risks
• Qualitative Risk Assessment: Probability-Impact Matrices
• Quantitative Risk Analysis: Sensitivity, Scenario, and Monte Carlo Analysis
• Project Risk Register Development

DAY FIVE: RISK MITIGATION AND DECISION-MAKING

• Risk Allocation and Contractual Transfer
• De-Risking Instruments: Guarantees, Insurance, and Structured Finance
• IRENA Risk Mitigation Toolkit
• Portfolio Diversification
• Decision-Making Under Uncertainty
• Solar PV Project Opportunity and Risk Case Study
• Wind and Green Hydrogen Opportunity and Risk Case Studies
• Integrated Opportunity and Risk-Based Investment Decision

Certificate Awarded

Upon successful completion of this training course, participants will be awarded a Certificate of Completion from XCalibre Training Centre, acknowledging their accomplishment. This certificate serves as a testament to their dedication to developing their skills and advancing their expertise in their respective fields.