The course examines how wind and solar photovoltaic projects can be profitably developed and financed within the framework of existing and proposed legal rules. Part of the course work will consist of team exercises using Excel spreadsheet financial tools to determine the profitability of hypothetical projects. The course does not assume prior experience in using spreadsheets or the financial tools. Unlike the existing climate and energy course, this is essentially a business planning course. Although policy issues will be discussed briefly, the course will be based on legal rules that are now in effect or are realistic near-term prospects, and it will examine how projects can be developed and financed within the framework of those rules. Topics to be covered: (1) Background on electricity industry and regulation, financial markets and the role of subsidies; (2) development and financing large-scale wind projects; and (3) development and financing solar photovoltaic projects with principal emphasis on residential-scale projects.
Current & Previous Instructors:
|This course is not currently scheduled.|
Last offered Spring 2015.