| Description |
1 online resource |
| Contents |
Intro; Title page; Table of Contents; Copyright; Dedication; Foreword; Preface; Acknowledgements; 1. Financing the new energy economy; The evolution of renewable energy; Renewable energy in the global energy economy; Financing a low carbon energy future; The role of project finance; Organization of this book; 2. Public policy mechanisms to support renewable energy; Support renewable energy or tax conventional energy?; Direct subsidies; Quantity-based mechanisms; Price-based mechanisms; Impact of public policies on renewable energy finance; 3. Basic project finance concepts |
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Project finance definedHistorical development of project finance; Comparing project finance with traditional corporate finance; 4. Modeling project cash flows and debt service; Modeling project cash flows; Debt sizing for a fully contracted project; 5. Renewable project finance structures and risk allocation; Basic project finance structure; Risk allocation; Assessment of project risks; 6. Tax structures for financing renewable energy projects in the U.S.; Overview of renewable energy tax incentives in the US; Depreciation benefits; Tax equity financing structures |
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The partnership flip structureThe sale/leaseback structure; The inverted lease structure; A critical assessment of tax credits as an incentive mechanism; 7. Financing distributed generation projects; Introduction to distributed generation; Net metering; Business models for distributed generation and financing structures; Rooftop solar installations for commercial and industrial applications; 8. Renewable energy in power markets; Basics of power market design; Transmission congestion and LMP; Zonal markets in Europe and elsewhere; Capacity and ancillary services markets |
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The future of energy markets9. Managing transmission costs and risks for renewable projects; Connecting new generation projects to the grid; Continuing transmission costs; 10. Alternative off-take strategies and managing merchant risks; Corporate PPAs; Commodity hedges; The proxy revenue swap; Comparing project off-take options; Quantifying and managing merchant price risk exposures; Approaches to developing merchant price forecasts; 11. Project development and valuation; The renewable energy project lifecycle; Valuation of renewable energy companies |
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12. Energy storage financing: opportunities and challengesTypes of energy storage; Value of storage; 13. Renewable energy finance in the international context; Recent global experience in private renewables finance; Chile; India; Germany; China; Lessons from the international experience; Appendix A: glossary of terms and energy units; Appendix B: Levelized Cost of Electricity; Glossary; Appendix C: Sample term sheets; 1. Construction loan term sheet for a utility-scale wind project; 2. Tax equity term sheet for a utility-scale solar project |
| Notes |
Includes index |
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Print version record |
| Subject |
Power resources.
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Environmental economics.
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Mines and mineral resources.
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Energy-Generating Resources
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energy resources.
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Environmental economics
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Mines and mineral resources
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Power resources
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| Form |
Electronic book
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| Author |
Adamson, Seabron, 1964-
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| ISBN |
9780128165546 |
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0128165545 |
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012817269X |
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9780128172698 |
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