Global electricity generation from renewable energy sources is steadily growing, primarily due to the increasing number of photovoltaic and wind power plants. However, despite these advancements, greenhouse gas emissions from areas such as heating and cooling, transportation, and industrial activities remain too high.
Renewable Power-to-X (PtX) is considered a promising solution to provide low-emission energy and industrial raw materials to sectors traditionally reliant on carbon-intensive supply chains.
PtX involves converting electricity into chemical processes, gas and fuel production, as well as heating, cooling, mobility, and specific industrial applications.
In this context, two online training programmes offered by the Renewables Academy (RENAC) AG play a crucial role in training more professionals to become qualified experts:
GREEN HYDROGEN SPECIALIST: PROJECT DEVELOPMENT AND ECONOMICS
GREEN HYDROGEN AND RENEWABLE POWER-TO-X PROFESSIONAL
The 150-hour online training programme, «GREEN HYDROGEN SPECIALIST: PROJECT DEVELOPMENT AND ECONOMICS,» is specifically designed for key players such as project developers and financial institutions.
Project developers require the ability to plan financially viable projects, while financial institutions need comprehensive knowledge to assess these plans and identify potential risks.
A quantitative evaluation of the financial performance and profitability of proposed green hydrogen projects is crucial to successfully carrying them out. This involves assessing cash flow projections based on well grounded assumptions across various scenarios to convince potential investors and make sound financial decisions.
The 120-hour online training programme, «GREEN HYDROGEN AND RENEWABLE POWER-TO-X PROFESSIONAL,» delves into the technical and economic aspects of PtX applications such as hydrogen production, heat pump technology, and electromobility. It explains key PtX terms, the current economic context, and the latest developments in the field. Participants learn about energy storage and the utilisation of artificial intelligence in the energy sector. They also gain insights into the parameters used to assess the bankability of energy projects and a banker’s perspective on risk evaluation.
The programme includes a practical exercise on calculating the costs of green hydrogen production.
Both of these training programmes are tailored for individuals looking to advance their career in the renewable Power-to-X sector or transition into it. They assist in identifying and evaluating market opportunities for green hydrogen in Power-to-X applications, setting the framework for these applications, and collaborating with stakeholders in project appraisal processes.
Participants will become qualified experts who understand the complex challenges and opportunities in the green hydrogen and renewable ower-to-X sectors. They will be capable of planning, evaluating, and implementing sustainable projects, thereby making a significant contribution to decarbonisation and the global transition to clean energy.
Albrecht Tiedemann
Renewables Academy (RENAC) AG, Head of Division ‘Green Hydrogen, Energy&Climate Policy and Renewables Grid Integration’