Renewable Energy Finance: Theory and Practice

Renewable Energy Finance: Theory and Practice integrates the special characteristics of renewable energy with key elements of project finance. Through a mixture of fundamental analysis and real-life examples, readers learn how renewable energy project finance works in actual deals that mix finance, public policy, legal, engineering and environmental issues. The skills developed in analyzing non-recourse cash flow-based finance are applicable not only to green energy, but also apply more widely in project finance and infrastructure investing. The book's comparisons of developed and developing countries make it valuable to readers worldwide.

Presents real world cases in each chapterIncludes a companion website that contains renewable energy project finance models and other resources Supports efforts to achieve environmental sustainability through renewable financing projects and cleaner production techniques

Part I: Introduction 1. Introduction: Politics and Economics of Renewable Energy Projects 2. Public Policy Mechanisms to Support Renewable Energy Projects 3. Renewable Energy Project Development Process

Part II: Introduction to Project Finance 4. Introduction to Project Finance 5. Theory and Practice of Project Finance 6. Financing Renewable Energy Projects in the US 7. International Considerations for Project Finance 8. Valuation of Renewable Energy Projects

Part III: Financing Distributed Energy Technologies 9. Overview of Residential Solar Sector 10. Evolution of Energy Storage Technologies – Batteries and other Technologies 11. Clean Tech Investments: Challenges and Opportunities

Part IV: Power and Transmission Markets 12. Introduction to Power Markets 13. Transmission Markets and Transmission Congestion Assessment 14. Credit Risk Assessment and Strategies for Renewable Energy Hedges

Part V: International Aspects of Renewable Energy Finance 15. Lessons from Developed Economies (Germany, Italy, and Spain) 16. Lessons from Developing Countries (India, China, and Chile)

Appendix A. Units of Energy and Power B. Brief History of Power Markets in the US C. Case Studies D. Problem Sets, Study Questions, and Answers