Corporate & Virtual Power Purchase Agreements (online course)
Live Online Course
Analysis techniques, contract structures & negotiation strategies of Corporate and Virtual PPAs for bankable, competitive and sustainable green energy supply in today’s deregulating and competitive energy markets
In the global marketplace of 2020’s both developed and developing economies energy markets are rapidly transforming with both the expansion of competition-based energy markets and power exchanges (PXs), as well as the tremendous growth in renewable energy (RE) generation and the fiscal and financial incentives they entail, as well as the growth in markets Renewable Energy Credits (RECs) and the monetization of green energy environmental attributes, carbon emissions off-sets, and carbon credits. Taken together, these rapidly growing long-term changes in global energy markets have created important opportunities for private corporations, industries, and other investors in the energy markets to significantly reduce their risks through creating, negotiating, and even trading new Corporate and Virtual Power Purchase Agreements (C&V PPAs) for renewable energy (RE).
While C&V PPAs are similar to “traditional” PPA models, they have important differences and advantages that investors and energy market participants must understand. Under traditional PPAs, large, often vertically-integrated and state-owned off-takers, or regulated investor-owned utilities (IOUs) contract with private power developers for the design, financing, construction, and operation of brand-new renewable power facilities, and commit to buy all newly-generated power (or “deemed energy”) for the entire term of the plant’s operational life – usually 20-25 years. However, C&V PPAs allow much greater flexibility for corporations, industries, and energy market investors to hedge against future power price volatility and to lock-in important benefits, such as long-term RECs, through “Virtual” PPAs. Virtual PPA contracts, as derivative instruments, even enable corporate investors to purchase important Renewable Energy Credits (RECs) and Environmental Attribute Certificates (EACs) without requiring the direct physical generation, delivery, or consumption of renewable power. Such C&V PPAs models are becoming increasingly attractive to key investors and consumers of the growing RE global market, such as in data centers, logistics management, as well as industrial manufacturing, as well as the growing market of RE power developers, green energy investors, and producers of renewable solar, wind, hydroelectric, biomass, and geothermal power.
This interactive 5-session workshop will provide clear explanations of the new models of Corporate & Virtual PPA contract structures, risk allocation, and tradeability to ensure contract bankability, of allowing RE investors, suppliers, and consumers to compete in green energy markets and power pools. The practical models for C&V PPA credit enhancements will be demonstrated through a series of real case examples of C&V PPA contracts, renewable project finance transactions, and competitive energy markets. Case Studies will include real examples from the USA, the EU, and selected emerging market economies.
- Use best practices from international case studies of successful Corporate and Virtual PPAs for Renewable Energy and avoid practical common pitfalls
- Review and manage the legal design of Corporate PPAs for long-term renewable power based upon your own company’s energy demands, risk profile and corporate goals
- Models and strategies for valuing, monetizing, and trading Renewable Energy Credits (RECs) and Environment Attributes from Corporate and Virtual PPAs for green energy
- Lead strategies for the analysis and the regulation of new competitive energy markets to attract corporate & virtual renewable power purchase contracts
- Understand clear financial metrics for analyzing Corporate & Virtual PPA bankability for private investors, lenders, energy market makers, energy suppliers, and other key green energy market stakeholders
- The latest environmental, social & governance (ESG) impact mitigation standards and techniques to ensure sustainability in Corporate & Virtual PPAs
- Manage and oversee successful Corporate & Virtual PPA renewable power transactions
Live Online Course – How It Works
The structure of our virtual learning program is designed to keep the same levels of engagement and networking as our on-site public courses. Course content is delivered through our easy-to-use online learning platform and is supplemented by case studies and practical exercises.
Like our classroom-based public courses, you will have live interaction with our course facilitators and other participants. Our live online courses are led by our experienced instructors, who will provide you with easily digestible content, using knowledge learned from many years in the industry, during scheduled times. Delegates will receive copies of the course materials electronically.
This course is scheduled to take place over 5 live online sessions using virtual learning technology.
Session 1: 14 February 2023, 12pm – 3pm GMT
- Global Trends Driving Renewable Power Generation Investments & the Rise of Competitive Energy Markets
- Key Requirement of Traditional Power Purchase Agreements (PPAs) for Renewable Energy
- Key Requirements of Corporate PPAs for Renewable Energy
- Corporate PPA Case Study: Deal Origination, Contract Design, Risk Allocations, Key Corporate PPA Terms & Conditions, and Bankability Results
Session 2: 15 February 2023, 12pm – 3pm GMT
- Key Requirements of Virtual PPAs for Renewable Energy
- Virtual PPA Case Study: Risk Identification, Allocation, and Systematic Review & Analysis of the Virtual PPA
- Group Exercise: Risk Identification, Analysis & Risk-Allocation for a Virtual PPA
Session 3: 16 February 2023, 12pm – 3pm GMT
- Financing for C&V PPAs: Analyzing and Structuring Corporate & Virtual PPA Bankability & Creditworthiness
- Case Study: Corporate & Virtual PPA Valuation and Financing
- Corporate & Virtual PPA Financing Sources & Credit Enhancements
- Case Example of C&V PPA Investment Credit Risk Analysis & Credit Enhancements
Session 4: 21 February 2023, 12pm – 3pm GMT
- Managing the Role of Corporate & Virtual PPAs in New, Emerging Competitive Green Energy Market
- Case Study: Market Opportunities for Corporate & Virtual PPA Investors and Traders in Competitive Green Energy Markets in North America, Western Europe
- Corporate & Virtual PPA Contract Management & Performance Monitoring Requirements
- Case Study: C&V PPA Disputes & Resolution Techniques
Session 5: 22 February 2023, 12pm – 3pm GMT
- Group Exercise: Analyzing & Negotiating a Corporate Power Purchase Agreement for Renewable Energy – Part 1
- Group Exercise: Analyzing & Negotiating a Corporate Power Purchase Agreement – Part 2
This workshop features a dynamic combination of experiential exercises and practical case studies to reinforce the ability of participants to actually apply C&V PPA analysis, structuring, and negotiation techniques to real transactions and contracts. Case studies of C&V PPA transactions will feature the real-world details of PPA feasibility reviews, contract structures, impact assessments, and REC and EAC valuation and monetization to provide participants with a first-hand understanding of the challenges of C&V PPA transaction documentation. Experiential exercises will place participants into the practical roles of key management decision-makers who not only need to analyze and understand RPPA investment proposals, but who have to negotiate practical RE PPA terms & clauses and to make real-world decisions on transactions. As a result of actively engaging in this workshop’s interactive methodology, participants will be able to make practical decisions on renewable power transactions for their organizations following the workshop’s completion.
We would like to customise the workshop based on your specific needs. Pre-Course Questionnaire will be sent prior to the workshop for analyse in advance and to be addressed during the course.
Upon the successful completion of this course, you will receive a Certificate of Completion bearing the signatures from both the Course Director and the Course Organiser. This Certificate will testify your endeavour and serve towards your professional advancement.
What People Are Saying
Who Will Attend
- Private & public corporation professionals managing green energy and corporate sustainability strategies
- Power developers, investors, and energy fund
- Energy regulators & ministries, planners, and policy-makers
- Commercial lenders and development bankers
- Lawyers, consultants, and transaction advisors in the private power investment market
- Power project contractors, operators, and equipment suppliers
- Energy fuel suppliers (oil, gas, coal and renewables)
- Energy sector consumers groups, NGOs, and alternative energy program managers
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