Fundamentals of Economic Analysis of Energy Projects Training by Tonex
This course offers an in-depth understanding of economic analysis techniques used in evaluating energy projects. Participants will learn how to assess the financial viability and economic impact of various energy projects.
Learning Objectives:
- Understand the principles of economic analysis
- Evaluate the financial viability of energy projects
- Conduct cost-benefit analysis
- Assess risks and uncertainties
- Develop economic models for energy projects
- Make informed investment decisions
Audience:
- Energy project managers
- Financial analysts
- Economists
- Engineers
- Policy makers
- Anyone involved in energy project evaluation
Program Modules:
- Introduction to Economic Analysis
- Definition and importance of economic analysis
- Key concepts in economic evaluation
- Overview of energy markets
- Economic indicators and metrics
- Case studies of economic analysis
- Tools for economic analysis
- Evaluating Financial Viability
- Financial statements and analysis
- Cash flow analysis
- Net present value (NPV)
- Internal rate of return (IRR)
- Payback period
- Sensitivity analysis
- Conducting Cost-Benefit Analysis
- Principles of cost-benefit analysis
- Identifying and quantifying costs and benefits
- Discounting and present value calculations
- Economic impact assessment
- Case studies of cost-benefit analysis
- Simulation exercises
- Assessing Risks and Uncertainties
- Identifying risks in energy projects
- Risk assessment techniques
- Scenario analysis
- Monte Carlo simulation
- Managing project risks
- Case studies of risk assessment
- Developing Economic Models
- Building economic models for energy projects
- Input data and assumptions
- Model validation and testing
- Using software for economic modeling
- Analyzing model results
- Case studies of economic modeling
- Making Investment Decisions
- Criteria for investment decisions
- Evaluating project proposals
- Comparing alternative projects
- Strategic investment planning
- Lessons learned from investment decisions
- Personal action plan for economic analysis