Economic Analysis for Renewable Energy

Unlocking the Economic Potential for Renewable Energy

5 Found
Date Duration Venue Fees
25-29 Dec 2023 5 Days Dubai - UAE US$3,450 Register
18-22 Mar 2024 5 Days Dubai - UAE US$4,450 Register
24-28 Jun 2024 5 Days Dubai - UAE US$4,450 Register
09-13 Sep 2024 5 Days Dubai - UAE US$4,450 Register
23-27 Dec 2024 5 Days Dubai - UAE US$4,450 Register

Course Overview

Energy is an essential and dominant component in achieving any country’s interrelated economic and sustainable development. Global energy demand is increasing at an exponential rate because of the exponential growth of the world population. Increases in global energy demand combined with fossil fuel depletion and the concern over environmental degradation put renewable energy sources as future energy supply.

Renewable energy brings environmental, social, and economic benefits. According to a recent report by the International Renewable Energy Agency (IRENA), if we double renewable energy’s current share in the global energy mix, global gross domestic product (GDP) would increase by as much as 1.1% or approximately $1.3 trillion, by 2030. Renewable energy resources such as wind and solar play an increasingly important role in both developed and developing countries’ present and future energy scenarios. Additionally, renewable resources can offer cleaner energy solutions than non-renewable resources such as coal and fossil fuels. Economic and Financial analyses determine the costs incurred and the resulting benefits from investing in a project.

This 5-day interactive Economic Analysis of Renewable Energy training course will provide the participants with a comprehensive understanding of the economic principles and concepts relevant to developing, implementing, and assessing renewable energy projects. The delegates will attain rigorous knowledge with the professional guideline to analyse different renewable technologies, pricing for renewable energy projects, resource analysis and financing. It will enable them to construct renewable analysis and evaluate materials that incorporate a variety of economic and financing issues. The training course aims to provide a comprehensive and practical understanding of the economic aspects of renewable energy and empowerment.

Course Objectives

After the training course, the participant will learn to:

  • Understand the costs and benefits of renewable energy technologies compared to traditional fossil fuels
  • Understand practical tools to analyse renewable energy
  • Analyse the economic impact of renewable energy policies and regulations
  • Evaluate the financial viability of renewable energy projects
  • Identify market opportunities for renewable energy
  • Understand the future trends and opportunities in the renewable energy industry

Target Audience

This training for compliance specialists is designed to broaden and deepen your knowledge of key regulatory risks such as financial crime, economic sanctions, and corruption.

It is suitable for a wide range of working professionals, including (but not limited to) the following:

  • Corporate Planning
  • Economists
  • Investment Analyst
  • Corporate/Project Finance
  • Business Development
  • Infrastructure Advisory
  • Heads of Businesses
  • Banks and Finance Companies
  • Government Ministries and Departments
  • Power Equipment Manufacturers
  • International Finance Institutions
  • Renewable Energy Consultants

Training Methodology

Through a combination of lectures, case studies, videos, group discussion and hands-on analysis, participants will gain the skills and knowledge necessary to evaluate the economic viability of renewable energy projects, identify market opportunities, and understand the impact of policy and regulation on the renewable energy industry.

Course Outline

Day One

Introduction to Renewable Energy Economics

  • Overview of Renewable Energy Sources
  • Types of Renewable Resources
  • A Global Trend toward Renewable Resources
  • Economic Principles and Terminology relevant to Renewable Energy Analysis
  • Introduction to Renewable Energy Technology
  • Renewable Resources vs Non-Renewable Resources
  • Analysis of the Renewable Energy Markets
Day Two

Cost, Policy, and Regulation of Renewable Energy

  • Analysis of the Capital and Operating Costs of different Renewable Energy Technologies
  • Renewable Energy Policy and Regulation
  • Analysis of the Economic Impact of different Policy Options
  • Barriers to Commercialising Renewable Energy Technologies
  • Steps involved in Developing a Renewable Energy Project
  • Financing options for Renewable Energy Projects, including Grants, Subsidies, and Tax Incentives
  • Modelling for Renewable Energy Projects
Day Three

Economic Appraisal of Renewable Energy

  • Market Analysis for Renewable Energy
  • Structuring Renewable Energy Projects for Financing
  • Economic Assessment of Renewable Energy
  • Project Implementation Phases
  • Appraisal and Selection of Renewable Energy Projects
  • Using the Time Value of Money
  • Best Techniques for Economic Appraisal:
    • Cost-Benefit Analysis
    • Benefit-Cost Ratio
    • Net Present Value (or Discounted Cash Flow)
    • Internal Rate of Return
    • Least Cost Planning
    • Payback Period
    • Sensitivity Analysis
Day Four

Assessing the Investment Risk of Renewable Energy Projects

  • Credit risk
  • Construction and development risk
  • Operating/Commercial risk
  • Financial Risk
  • Regulatory/Legal and Environmental Risk
  • Formulating Investment and Financial Plans
    • How to Approach Financing Institutions?
    • Major Project Success Factors
    • Structuring the Investment Proposal
    • The Power Purchase Agreement and other Instruments for Securing an Efficient Investment
Day Five

Implications of Economic Renewable Energy

  • Financial Institutions and Programs
  • Sources of Equity and Debt Financing
  • Sources of Grant Financing
  • New Agencies and Institutions Supporting Renewable Energy Project Finance
  • Implication on the Global Environment
  • Renewable Energy Technologies and Greenhouse Gas Abatement Strategies
  • New Opportunities using Flexible Financing Mechanisms


Upon successful completion of this training course, Newage Certificate will be awarded to the delegates.

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