Wind energy


Are you interested in a tailor-made training?

The following sample training courses give an overview of possible topics we cover in our tailor-made trainings. The sample trainings can be used as basis to develop a tailor-made training for your company or organisation. If you are interested in a tailor-made training, please fill out this questionnaire and send it to Manolita Wiehl.

Manolita Wiehl
Head of Division
International Business Development and Sales
Tel: +49 (0)30 58 70870 63
Fax: +49 (0)30 58 70870 88
Email: wiehl[at]renac.de

Face-to-face trainings


Applying wind power onshore

Technology, resource assessment, site assessment, environment and economics
 


Content:
 
  • Market development
  • Annual energy production
  • CAPEX, OPEX and LCOE
  • Wind power technology (rotor blades, pitch control, tip speed ratio, power coefficient, gear box, gear-less concepts, generator and inverter concepts)
  • Power output control power curves
  • Wind resource assessment and measurement equipment
  • Wind power density, wind shear profiles, wind speed variability and wind speed distribution,wind speed extrapolation with logarithmic law and the power law
  • Wind farm planning method
  • Site assessment and sites suitable for wind energy
  • Global IEC quality standards
  • Environment, shadow and noise
  • Software tools overview for professional energy yield calculation and project planning
 

Learning objectives:
 
  • Describe the development of wind power in different regions of the world
  • Assess the wind resource calculate the wind energy yield of a wind farm and individual wind turbines
  • Compare the energy output of different wind turbines for a specific site
  • Recognize the effect of various losses on the energy yield
  • Apply fundamental steps of wind farm planning and avoiding environmental conflicts
  • Explain the design of wind turbines with/without gear boxes
  • Apply a methodology to identify areas suitable for wind farms
 

Target group:
 
  • The course is for persons who like to start a job in the wind sector or to get familiar with the learning objectives.
 
Duration:3 days


Financial due diligence in wind power

Project finance and project contracts, risks, evaluation and financial viability
 


Content:
 
  • Introduction to financial due diligence
  • Exercises on annualized cash flow valuation
  • Wind power project finance and project contracts
  • Risks associated with wind power cash flows
  • Practical case studies of wind power project valuation with regard to important contracts
  • Identifying relevant information to perform indicative appraisals by applying standard financial concepts to assess the financial viability of wind power projects >Grid integration of renewable energy sources
 

Learning objectives:
 
  • Participants will be able to understand the critical aspects of the contractual basis of projects
  • Participants will have an understanding of risks relevant for a financial due diligence for such projects
  • Participants will be able to assess the financial value rooted in the project contracts of a wind power project for the financial due diligence process.
 
Target group:

Professionals from the public and private sector working in the field of energy and finance who may come from the following backgrounds:

  • Banks
  • Ministries
  • Regulators
  • Project developers
  • Institutional investors
  • Financing institutions
  • Investment funds
 
Duration:2 days


Wind power financing – fundamentals

Project financing process, financial terms, instruments, contracts, revenues, cost and cash flow
 


Content:
 
  • Wind power project financing basics and process
  • Wind power project finance including cash flows and avenues for financing
  • Technical due diligence in wind power projects
  • Contracts in wind power projects
  • Cash flows in wind power: revenues, cost, cash flow valuation and LCOE
  • Risk management in wind power
  • Financial terms and standard debt instruments used for wind power projects
  • Advanced valuation concepts
 

Learning objectives:
 
  • Participants will be familiar with the process of funding wind power projects
  • Participants will be able to evaluate their investment and the critical associated risks
  • Participants will have a basic understanding of the practical needs of lenders, investors and developers to fund wind power projects.
  • Participants will be able to assess the practical question of how much funding is appropriate or fair in financial terms.
 
Target group:

Professionals from the public and private sector working in the field of energy and finance who may come from the following backgrounds:

  • Ministries
  • Regulators
  • Financing institutions
  • Project developers
 
Duration:5 days


Wind power financing – advanced

Cash flow valuation, sensitivities, scenarios, simulations and due diligence
 

Content:

The course on advanced wind power financing builds on the fundamentals covered in introductory course in practical manner. Additional topics covered include:

  • Financial due diligence
  • Exercises on annualized cash flow valuation
  • Project comparison using sensitivities, scenarios and simulations
  • Revision of key drivers beyond of wind project financing
  • Best practice and requirements for valuation
  • Training and exercises on cash flow modeling in a country specific context
 

Learning objectives:
 
  • Understand the process of financing wind power and the process of financial valuation in the context of project finance
  • Understand meaning of a financial due diligence in the context of wind power project finance.
  • Understand the practical process and necessities of financing a wind power project and know the relevant sources of funding and contracts
  • Know, understand and assess the main the key drivers such as the tariff –scheme, issues concerning the project life time licenses and guarantees and the corresponding main project contracts and documents.
  • Know and apply valuation for the purpose to quantify appropriate financing volumes.
  • Apply financial cash flow modelling in an advanced and comprehensive case studies.
 
Target group:

Professionals from the public and private sector working in the field of energy and finance who may come from the following backgrounds:

  • Ministries
  • Regulators
  • Financing institutions
  • Project developers
 
Duration:5 days


Understand the financing of wind power projects

Wind resource and technology, annual energy production, uncertainties and risks
 


Content:
 
  • Practical exercises to understand wind resource and technology for risk assessment
  • Annual energy production of wind farms (AEP)
  • Nature / quantity of uncertainties and wind project risks
  • Working with laboratory wind turbines to understand how power curves are affected by wind seed changes and other variables
  • Applying self-gained insights and results on the financial evaluation on a project
 

Learning objectives:
 
  • Participants will have experienced a practice-based understanding of the main physical parameters of wind speed, power curves, obstacles, their measurement and resulting uncertainties that impact the annual energy output
  • Participants will be able to explain the nature / quantity of uncertainties (e.g. wind measurement and wind variability), losses (e.g. wake effect and availability) and the relevance of a wind turbine power curve for the annual energy production and
  • Participants will be able to assess the impact of the wind resource and wind technology of the financed asset on the project financial value and the risk assessment.
 

Target group:
 
  • Professionals from the public and private sector working in the field of energy and finance
 
Duration:3 days

Online trainings


Wind power application

Large-scale, small-scale, onshore and offshore, wind turbine components, CAPEX, OPEX and LCOE
 


Content:
 
  • Wind power applications
  • Introduction of wind turbine components
  • Economical aspects of wind power
 
Learning objectives:

After completing the course, participants will be able to:

  • distinguish the different applications of wind turbines and name the turbine components and
  • identify economic and environmental aspects of wind power.
 
Target group:This training suits those who are interested in the details of wind technology
Duration:Ca. 2 weeks
Study time:Ca. 20 hours


Wind power technology

Wind turbine components, technical parameters, standards and norms
 


Content:
 
  • Wind turbine components
  • Technical parameters
  • Standards and norms
  • Large wind farm operation and maintenance (O&M)
 
Learning objectives:

After completion of this course, participants will be able to:

  • Differentiate wind turbine configurations
  • Explain in detail the components of a wind turbines
  • Recall applicable standards and norms for wind turbines and wind resource surveying
  • Describe the main activities in the operation and maintenance of a large wind farm
  • Understand the wind farm dismantling and repowering steps
 
Target group:This training suits those who are interested in the details of wind technology
Duration:Ca. 2 - 3 weeks

 



Wind power planning and measurement

Feasibility study, wind measurement, resource assessment, annual energy production, uncertainties and risks
 


Content:
 
  • Wind farm planning and design
  • Wind measurement
  • Software
 
Learning objectives:

After completion of this course, participants will be able to:

  • Identify fundamental wind farm planning and construction steps,
  • Estimate the duration of the wind farm planning steps,
  • Identify software for different purposes around wind power generation.
  • State the purpose of measured wind data and explain why it is important to measure the wind resource at the project site.
 
Target group:This training suits those who are interested in the details of wind technology
Duration:Ca. 2 - 3 weeks

 



Small wind application and technology

Applications, wind technology, quality, standards and norms, operation and maintenance and costs
 


Content:
 
  • Definition of small wind turbines
  • Applications
  • Wind hybrid applications
  • Quality assurance
  • Operation and maintenance
  • Costs
 
Learning objectives:

After completion of this course, participants will be able to:

  • Distinguish among different applications of small wind turbines
  • Estimate system sizing
  • Identify standards and norms of small wind turbines and
  • Describe the main operation and maintenance activities for a small wind turbine
 
Target group:This training suits those who are interested in the details of small wind technology
Duration:Ca. 2 weeks

 



Small wind power planning

Wind resource and site assessment, system sizing, planning steps and annual energy production
 


Content:
 
  • Project planning
  • Small wind turbine annual energy production calculation
  • Wind/battery and hybrid system sizing algorithm
  • Site assessment
 
Learning objectives:

After completion of this course, participants will be able to:

  • Describe the main steps in implementing a small wind turbine project
  • Calculate small wind turbine annual energy production
  • Explain the most important factors behind small wind turbine capital and operating expenses
 
Target group:This training suits those who are interested in the details of small wind technology
Duration:Ca. 2 - 3 weeks