Course Content
Financial modeling is a critical yet often underappreciated skill, essential for success in corporate finance and business. Whether you’re launching a new venture, managing operations, or evaluating “what-if” scenarios through sensitivity analysis, the ability to create a robust financial model is indispensable. Your boss, clients, or investors will demand professional and reliable forecasts that inspire confidence.
Wind and solar renewable energy projects are intermittent. The wind doesn’t always blow and the sun doesn’t always shine. And the sun shines and the wind may also blow at times when energy needs are at their lowest. Battery storage systems enable us to store energy from wind and solar projects when the wind does blow, or when the sun shines. Batteries enable further development of wind and solar projects. Batteries also provide additional services to support the grid.
Batteries will form a large part of the energy grid in the coming years. Developers and investors need to understand the capital costs, operating metrics, and revenue sources available to batteries. They also need to understand how to evaluate battery projects.
This course provides an overview of standalone batteries and co-located batteries with wind or solar assets. It is designed to familiarize developers, investors, and lenders with the investment decisions and risks of battery storage projects. We will demystify battery terminology and economics through clear concept videos and some financial model demonstrations.
This is not a financial modeling course where you build a financial model from scratch. Simple annual financial models are used to help explain concepts such that modelers can develop their own models to assess a deal. You will gain an understanding of the inputs, calculations, and outputs required for battery projects. We also discuss the types of scenarios that are often run by experienced teams. The online course does not cover project finance or debt – this knowledge is a pre-requisite for this course