Renewable Power Purchase Agreements (PPA) from Udemy

Renewable energy is an important topic in today’s world. Our chances of achieving our Net-Zero ambitions is reliant on the increasing uptake of Renewable energy sources across the globe.

Building Renewable energy assets such as Offshore Wind, Onshore Wind and Solar farms can be extremely expensive. One way Asset Developers can finance such projects is by entering into Power Purchase Agreements with another organisation who will agree to pay for the electricity produced at the Renewable asset.

A Renewable Power Purchase Agreement is a vast contractual document that covers various important topics: Commercial Terms; Asset Details; Financial Information; and Legal Considerations. Regardless of your field of expertise (you may be an accountant, business-focused, an engineer, a lawyer or an administrator – understanding a Renewable Power Purchase Agreement is essential for anyone working in the Renewable energy sector.

This course will provide you with an excellent grasp of how Renewable Power Purchase Agreements work.

The course is split into three sections:

Introduction to Renewable Power Purchase Agreement’s

What is a Renewable Power Purchase Agreement? Why are they used?

Types of Renewable Power Purchase Agreement’s

Renewable Power Purchase Agreement Volume

Renewable Power Purchase Agreement Price

Market Players and Trends

Contractual Information – Renewable Power Purchase Agreement

Main Commercial terms

- Commercial Contractual Information Run Through

Renewable Asset Details

- Asset Details Contractual Information Run Through

Legal Considerations

- Key Legal Contractual Information Run Through

Financial Information

- Financial Information Contractual Run Through

Risks in Renewable Power Purchase Agreement’s

Project Development Timelines

Power Price Variables

Trading Power

Pricing and Trading Risk

After the course, you will have an understanding of what Power Purchase Agreement’s are and the different types that there are, what the main Commercial terms are, what Legal considerations there are and what are the main Risks involved. You will be able to identify why different PPA types are used; who the main Buyers and Sellers are in the market; and what the key Risks are.

The course is aimed at those who work in the Renewable energy industry, or those who are looking to join the industry. This could be students, new graduates, those who have recently started roles in the industry, or people looking to change careers.

Sign-up to the course and let’s get learning.

What's inside

Learning objectives

What renewable ppa's are and why they are used
Different types of renewable ppa
The structure of a renewable ppa

The legal terms used in a renewable ppa
The risks of a renewable ppa
Who the main market players are

What renewable ppa's are and why they are used
Different types of renewable ppa
The structure of a renewable ppa
The legal terms used in a renewable ppa
The risks of a renewable ppa
Who the main market players are

Syllabus

Introduction to Renewable Power Purchase Agreement's

Section 1 Overview

The video covers what a Power Purchase Agreement actually is, and why Asset Developers (Sellers) and utilities and corporations (Buyers) enter into these types of agreements.

Types Of Renewable Power Purchase Agreement's

Renewable PPA Volume

Renewable PPA Price

Market Players and Trends

Section 1 Quiz

For reference if required - a Summary of Section 1, plus a list of definitions and sources.

Contractual Information - Power Purchase Agreement

Section 2 Outline

Commercial Terms

Commercial Terms Run Through

Asset Information

Asset Information Run Through

Legal Considerations

Legal Considerations Run Through

Financial Information

Financial Information Run Through

Section 2 Quiz

Section 2 Summary Definitions Sources

Risks in Power Purchase Agreements

Section 3 Outline

Project Development Timelines

Power Price Variables

Trading Power

Price and Trading Risk

Section Quiz

Section 3 Summary Definitions Sources

Final Thoughts, Course Quiz and Assignment

Section Overview

Final Thoughts

Course Quiz

Course Assignment

Good to know

Know what's good

, what to watch for

, and possible dealbreakers

Introduces students to development and financing of renewable energy assets by using Power Purchase Agreements

Explores the various types and aspects of a Renewable Power Purchase Agreement

Provides a thorough understanding of the structure and legal terms common in Renewable Power Purchase Agreements

Covers various risks associated with Renewable Power Purchase Agreements

Prepares students with a comprehensive overview of the renewable energy industry and the role of Power Purchase Agreements

Helps learners understand who key players are in the renewable energy and Power Purchase Agreement market

Activities

Be better prepared before your course. Deepen your understanding during and after it. Supplement your coursework and achieve mastery of the topics covered in Renewable Power Purchase Agreements (PPA) with these activities:

Review Financial Accounting Basics

Show steps

Reviewing fundamental accounting concepts will prepare you to delve directly into Power Purchase Agreement contract intricacies.

Browse courses on Financial Accounting

Show steps

Read through your old notes from an accounting course or textbook.
Retake practice problems related to financial statement preparation.

Practice Identifying Key Terms

Show steps

Mastering the terminology used in Power Purchase Agreements will make reading and understanding them second nature.

Browse courses on Legal Considerations

Show steps

Create a list of key terms related to Power Purchase Agreements.
Read through a sample Power Purchase Agreement.
Highlight all the key terms you find.
Test yourself by trying to identify the key terms without referencing your list.

Host a Study Group

Show steps

Discussing course material with peers can enhance your understanding and retention.

Show steps

Find a group of peers who are also taking the course.
Set up a regular meeting time to discuss the course material.

Two other activities

Expand to see all activities and additional details

Show all five activities

Attend an Industry Conference

Show steps

Networking with industry professionals can provide valuable insights and connections.

Show steps

Research industry conferences related to Power Purchase Agreements.
Attend the conference and participate in networking events.

Volunteer in the Renewable Energy Sector

Show steps

Applying your knowledge in a practical setting can cement your understanding and make you a more well-rounded professional.

Browse courses on Renewable Energy

Show steps

Research volunteer opportunities in the renewable energy sector.
Contact potential organizations to inquire about volunteering opportunities.
Volunteer your time to gain hands-on experience.

Career center

Learners who complete Renewable Power Purchase Agreements (PPA) will develop knowledge and skills that may be useful to these careers:

Renewable Energy Developer

Renewable energy developers identify, develop, and finance renewable energy projects. This role is expected to remain in demand because of the increasing emphasis on sustainability. This course can help you understand the legal and financial aspects of renewable energy development, which can help you land a job as a renewable energy developer or advance your career in renewable energy development.

See salaries and explore the career path for Renewable Energy Developer

Energy Banker

Energy bankers provide financial advice and services to companies in the energy industry. This role is expected to remain in demand because of the increasing emphasis on sustainability. This course can help you understand the legal and financial aspects of energy banking, which can help you land a job as an energy banker or advance your career in energy banking.

See salaries and explore the career path for Energy Banker

Energy Policy Analyst

Energy policy analysts develop and analyze energy policies. This role is expected to remain in demand because of the increasing emphasis on sustainability. This course can help you understand the legal and financial aspects of energy policy, which can help you land a job as an energy policy analyst or advance your career in energy policy analysis.

See salaries and explore the career path for Energy Policy Analyst

Energy Consultant

Energy consultants provide advice to businesses and governments on energy procurement, energy efficiency, and other energy-related topics. This role is expected to remain in demand because of the increasing emphasis on sustainability. This course can help you understand the legal and financial aspects of energy consulting, which can help you land a job as an energy consultant or advance your career in energy consulting.

See salaries and explore the career path for Energy Consultant

Energy Analyst

Energy analysts provide research and analysis on the energy industry. This role is expected to remain in demand because of the increasing complexity of the energy market. This course can help you understand the legal and financial aspects of the energy industry, which can help you land a job as an energy analyst or advance your career in energy analysis.

See salaries and explore the career path for Energy Analyst

Energy Trader

Energy traders buy and sell energy commodities, such as electricity, natural gas, and oil. This role is expected to remain in demand because of the increasing complexity of the energy market. This course can help you understand the legal and financial aspects of energy trading, which can help you land a job as an energy trader or advance your career in energy trading.

See salaries and explore the career path for Energy Trader

Energy Lawyer

Energy lawyers advise clients on the legal aspects of the energy industry. This role is expected to remain in demand because of the increasing complexity of the energy market. This course can help you understand the legal and financial aspects of the energy industry, which can help you succeed in this role.

See salaries and explore the career path for Energy Lawyer

Energy Investor

Energy investors invest in companies and projects in the energy industry. This role is expected to remain in demand because of the increasing emphasis on sustainability. This course can help you understand the legal and financial aspects of energy investing, which can help you land a job as an energy investor or advance your career in energy investing.

See salaries and explore the career path for Energy Investor

Sustainability Manager

Sustainability managers develop and implement sustainability strategies for organizations. This role is expected to remain in demand because of the increasing emphasis on corporate social responsibility. This course can help you understand the energy procurement aspects of sustainability management, which can help you land a job as a sustainability manager or advance your career in sustainability management.

See salaries and explore the career path for Sustainability Manager

Environmental Engineer

Environmental engineers develop solutions to environmental problems, such as pollution control and waste management. This role is expected to remain in demand because of the increasing emphasis on sustainability. This course can help you understand the energy procurement aspects of environmental engineering, which can help you land a job as an environmental engineer or advance your career in environmental engineering.

See salaries and explore the career path for Environmental Engineer

Electrical Engineer

Electrical engineers design, develop, test, and supervise the installation of electrical systems. Understanding how energy is procured can help an electrical engineer do well in their role. This course can help you understand the energy procurement aspects of electrical engineering, which can help you advance your career.

See salaries and explore the career path for Electrical Engineer

Mechanical Engineer

Mechanical engineers design, build, and maintain machines and other mechanical systems. This role is expected to remain in demand because of the increasing use of automation and robotics in manufacturing. This course can help you understand the energy procurement aspects of mechanical engineering, which can help you advance your career.

See salaries and explore the career path for Mechanical Engineer

Project Manager

Project managers plan, execute, and close projects. This role is expected to remain in demand because of the increasing complexity of projects. This course can help you understand the energy procurement aspects of project management, which can help you land a job as a project manager or advance your career in project management.

See salaries and explore the career path for Project Manager

Civil Engineer

Civil engineers design, build, and maintain roads, bridges, and other infrastructure projects. They also work on environmental projects, such as water treatment plants and landfills. This course can help you understand how energy procurement relates to civil engineering projects. An understanding of renewable energy can help you land a job as a civil engineer or advance your career in civil engineering.

See salaries and explore the career path for Civil Engineer

Electrician

An electrician helps build and maintain electrical systems. This includes residential, commercial, and industrial settings. This role is expected to remain in demand because of a number of factors, including increasing dependence on electrical devices and the rising number of construction projects. While this course does not provide you with the skills to become an electrician, it can help you build a foundation for the electrical industry.

See salaries and explore the career path for Electrician