Investment Appraisal for Renewable Energies

Course review:

This course deals with the most important topics in investment appraisal and management accounting for renewable energy projects. By working through the material, you will
become familiar with concepts and tools which help you deal with the four main tasks that are important for financing projects:

• Assessing whether a project should be undertaken at all
• Controlling and managing the project’s cost during the construction phase

• Ensuring cost effective running of the plant after commissioning

• Controlling and managing the project’s costs and revenues once it is in operation.

Topics

• Setting the scene: renewable energy projects and players
• Fundamentals of investment appraisal
• Measures for assessing financial project performance
• Peculiarities of renewable energy project appraisal
• Project controlling
• Project control tasks specific to renewable energy projects
• Operating renewable energy projects: accounting issues