Recording available at https://youtu.be/lPT1o735kOk
Renewable energy auctions might affect the financing of renewable energy (RE) projects. This webinar presents the results of the AURES II project exploring this topic. It discusses how auction designs ranging from bid bonds to penalties and remuneration schemes impact financing and discusses creating a low-risk auction support framework.
Renewable Energy Auctions in the EU: Final findings AURES projectLeonardo ENERGY
Auctions, as a market-based and competitive mechanism, are on the verge of becoming a predominant feature in support policies for renewable energy in Europe. They have a great potential to significantly improve the performance of the European renewable electricity support, and many national renewable energy policies will within the nearest future require a reform to ensure the development.
This webinar presents the main findings of AURES project, notably the proposals for improving the current support policies for electricity from renewable energy sources through competitive market measures, with a special focus on cost-efficiency.
Multiple Energy Storage Technologies are being developed & are maturing, Gensol did an analysis of 1635 Energy Storage Projects developed globally to come up with which technology has captured market share.
The presentation also has multiple case studies.
In a joint effort, CDP, the UN Global Compact, WRI and WWF launched the Science Based Targets initiative to engage companies in setting ambitious GHG reduction targets as a response to the urgent call of the IPCC to decarbonize the economy. Ecofys was commissioned as consultancy partner to support the development of a new methodology to guide companies in setting science-based targets.
In this webinar Giel Linthorst will present the developed methodology, called the Sectoral Decarbonization Approach (SDA). Next to this, he will also present the results of applying this SDA-methodology to various multinational companies and highlight some specific cases.
Key Drivers for Energy Storage
Technological advancements and decrease in costs
Evolution of utility needs (rise of variable renewable generation)
Increasing customer choice and engagement
Policy and regulatory shifts
Renewable Energy Auctions in the EU: Final findings AURES projectLeonardo ENERGY
Auctions, as a market-based and competitive mechanism, are on the verge of becoming a predominant feature in support policies for renewable energy in Europe. They have a great potential to significantly improve the performance of the European renewable electricity support, and many national renewable energy policies will within the nearest future require a reform to ensure the development.
This webinar presents the main findings of AURES project, notably the proposals for improving the current support policies for electricity from renewable energy sources through competitive market measures, with a special focus on cost-efficiency.
Multiple Energy Storage Technologies are being developed & are maturing, Gensol did an analysis of 1635 Energy Storage Projects developed globally to come up with which technology has captured market share.
The presentation also has multiple case studies.
In a joint effort, CDP, the UN Global Compact, WRI and WWF launched the Science Based Targets initiative to engage companies in setting ambitious GHG reduction targets as a response to the urgent call of the IPCC to decarbonize the economy. Ecofys was commissioned as consultancy partner to support the development of a new methodology to guide companies in setting science-based targets.
In this webinar Giel Linthorst will present the developed methodology, called the Sectoral Decarbonization Approach (SDA). Next to this, he will also present the results of applying this SDA-methodology to various multinational companies and highlight some specific cases.
Key Drivers for Energy Storage
Technological advancements and decrease in costs
Evolution of utility needs (rise of variable renewable generation)
Increasing customer choice and engagement
Policy and regulatory shifts
Study about Germany’s efforts to implement the energy transition is summarized in the book “Energy Transition in Nutshell: 8 Q & A on the German Energy Transition and Its Relevance for Indonesia”
Forward-looking cities, companies and institutions have begun to embrace 24/7 carbon-free energy procurement—tracking their energy load temporally, shifting their demand, and purchasing carbon-free energy on an hourly basis to match their usage.
This slide deck provides an introduction to the idea of hourly matching and 24/7 carbon-free energy procurement. It addresses questions such as: What is 24/7 carbon-free energy? Why should a city, company, or other institution pursue it? And how can your jurisdiction begin to explore it?
In this month's SlideShare we'll be covering the topic of carbon credits and carbon offsets and how these instruments are implemented to reduce carbon emissions to combat climate change. While the terms are often used interchangeably, carbon credits and carbon offsets does have certain key differences we'll be exploring. There are also important milestones to note, from the US Clean Air Act and Kyoto Protocol to UN Carbon Offset Platform. Over recent years, the carbon market value have grown significantly from EUR 186 billion in 2018 to EUR 850 billion in 2022.
Thierry Talbert
PROMES - University of Perpignan
WORKSHOP: “DEFINING SMART GRIDS: CONDITIONS FOR SUCCESSFUL IMPLEMENTATION”
SESSION 2: SMART GRIDS CHALLENGES: THE VISION OF TECHNOLOGICAL CENTRES
Barcelona, 9th February 2017
Organised by TR@NSENER Consortium.
TR@NSENER - European cooperation Network on Energy Transition in Electricity
Addressing the Energy Efficiency First Principle in a National Energy and Cli...Leonardo ENERGY
When designing energy and climate policies, EU Member States have to apply the Energy Efficiency First Principle: priority should be given to measures reducing energy consumption before other decarbonization interventions are adopted. This webinar summarizes elements of the energy and climate policy of Cyprus illustrating how national authorities have addressed this principle so far, and outline challenges towards its much more rigorous implementation that is required in the coming years.
Oracle Report Reveals the Need for an Energy Revolution to meet 2050 Vision of a Low Carbon Economy. The Research, conducted by The Future Laboratory and involving a global panel of experts, highlights the electricity issues that must be addressed and the trends that will combine to make the smart grid and smart energy a reality.
Battery energy storage systems (BESS) – an overview of the basicsBushveld Energy
Presentation by Bushveld Energy on the basics of energy storage, specifically large scale batteries at the 6th Annual Africa Power Roundtable, hosted by Webber Wentzel in Sandton, South Africa on 10 April 2018.
Presentation by Bushveld Energy at the African Solar Energy Forum in Accra, Ghana on 16 October 2019. The presentation covers four topics:
1) Overview of energy storage uses and technologies, including their current states of maturity;
2) Benefits to combining solar PV with storage, especially battery energy storage systems (BESS)
3) Examples from Bushveld’s experience in combining BESS with PV for commercial and industrial customers;
4) Introduction to Bushveld and its approach to BESS projects.
Hydrogen energy sources - generation and storageShantam Warkad
Hydrogen is the simplest and most abundant element on earth
It consists of only one proton and one electron.
Hydrogen can store and deliver usable energy, but it doesn't typically exist by itself in nature and must be produced from compounds that contain it.
This presentation outlines the different storage technology options available to cope up with the intermittent nature of the Renewable energy like wind and solar.
Electrification in the energy transition: towards net-zero emissions by 2050Leonardo ENERGY
The European Green Deal envisions a carbon neutral Europe by 2050. Electrification is a powerful tool that can help catapult Europe’s energy transition forward. Accelerated changes are needed in the power, buildings and transport sectors, but they will fail to emerge without robust policies closely aligned with the decarbonisation goal.
In this webinar, Wouter Nijs of the Joint Research Centre of the European Commission and David Farnsworth of RAP delve into the role that electrification plays in different scenarios for meeting Europe’s climate goals.
New battery Regulation Opportunities and Criticalities by COBATOlgaRodrguezLargo
Presentation by COBAT about the new battery regulation opportunities and criticalities in the Final CarE-Service Exploitation webinar held on 25th November 2021
First International Conference
Perspectives for Ukraine on Implementation of
Public Private Partnerships
PPP – The EIB Experience
by Tilman Seibert
Kyiv, 21 March 2006
Study about Germany’s efforts to implement the energy transition is summarized in the book “Energy Transition in Nutshell: 8 Q & A on the German Energy Transition and Its Relevance for Indonesia”
Forward-looking cities, companies and institutions have begun to embrace 24/7 carbon-free energy procurement—tracking their energy load temporally, shifting their demand, and purchasing carbon-free energy on an hourly basis to match their usage.
This slide deck provides an introduction to the idea of hourly matching and 24/7 carbon-free energy procurement. It addresses questions such as: What is 24/7 carbon-free energy? Why should a city, company, or other institution pursue it? And how can your jurisdiction begin to explore it?
In this month's SlideShare we'll be covering the topic of carbon credits and carbon offsets and how these instruments are implemented to reduce carbon emissions to combat climate change. While the terms are often used interchangeably, carbon credits and carbon offsets does have certain key differences we'll be exploring. There are also important milestones to note, from the US Clean Air Act and Kyoto Protocol to UN Carbon Offset Platform. Over recent years, the carbon market value have grown significantly from EUR 186 billion in 2018 to EUR 850 billion in 2022.
Thierry Talbert
PROMES - University of Perpignan
WORKSHOP: “DEFINING SMART GRIDS: CONDITIONS FOR SUCCESSFUL IMPLEMENTATION”
SESSION 2: SMART GRIDS CHALLENGES: THE VISION OF TECHNOLOGICAL CENTRES
Barcelona, 9th February 2017
Organised by TR@NSENER Consortium.
TR@NSENER - European cooperation Network on Energy Transition in Electricity
Addressing the Energy Efficiency First Principle in a National Energy and Cli...Leonardo ENERGY
When designing energy and climate policies, EU Member States have to apply the Energy Efficiency First Principle: priority should be given to measures reducing energy consumption before other decarbonization interventions are adopted. This webinar summarizes elements of the energy and climate policy of Cyprus illustrating how national authorities have addressed this principle so far, and outline challenges towards its much more rigorous implementation that is required in the coming years.
Oracle Report Reveals the Need for an Energy Revolution to meet 2050 Vision of a Low Carbon Economy. The Research, conducted by The Future Laboratory and involving a global panel of experts, highlights the electricity issues that must be addressed and the trends that will combine to make the smart grid and smart energy a reality.
Battery energy storage systems (BESS) – an overview of the basicsBushveld Energy
Presentation by Bushveld Energy on the basics of energy storage, specifically large scale batteries at the 6th Annual Africa Power Roundtable, hosted by Webber Wentzel in Sandton, South Africa on 10 April 2018.
Presentation by Bushveld Energy at the African Solar Energy Forum in Accra, Ghana on 16 October 2019. The presentation covers four topics:
1) Overview of energy storage uses and technologies, including their current states of maturity;
2) Benefits to combining solar PV with storage, especially battery energy storage systems (BESS)
3) Examples from Bushveld’s experience in combining BESS with PV for commercial and industrial customers;
4) Introduction to Bushveld and its approach to BESS projects.
Hydrogen energy sources - generation and storageShantam Warkad
Hydrogen is the simplest and most abundant element on earth
It consists of only one proton and one electron.
Hydrogen can store and deliver usable energy, but it doesn't typically exist by itself in nature and must be produced from compounds that contain it.
This presentation outlines the different storage technology options available to cope up with the intermittent nature of the Renewable energy like wind and solar.
Electrification in the energy transition: towards net-zero emissions by 2050Leonardo ENERGY
The European Green Deal envisions a carbon neutral Europe by 2050. Electrification is a powerful tool that can help catapult Europe’s energy transition forward. Accelerated changes are needed in the power, buildings and transport sectors, but they will fail to emerge without robust policies closely aligned with the decarbonisation goal.
In this webinar, Wouter Nijs of the Joint Research Centre of the European Commission and David Farnsworth of RAP delve into the role that electrification plays in different scenarios for meeting Europe’s climate goals.
New battery Regulation Opportunities and Criticalities by COBATOlgaRodrguezLargo
Presentation by COBAT about the new battery regulation opportunities and criticalities in the Final CarE-Service Exploitation webinar held on 25th November 2021
First International Conference
Perspectives for Ukraine on Implementation of
Public Private Partnerships
PPP – The EIB Experience
by Tilman Seibert
Kyiv, 21 March 2006
The role of cities in increasing investor confidence in energy efficiencySteven Fawkes
Presentation made to the Covenant of Mayors 21st Feb 2018. Sets out some of the actions that cities can take to increase the flow of investment into energy efficiency - focusing on standardisation.
Challenges and best practices in financing to accelerate industry decarbonisa...OECD Environment
"Challenges and best practices in financing to accelerate industry decarbonisation", OECD Series of Webinars on low carbon hydrogen and industry decarbonisation, 14 June 2023
From EU Project to Market Enabler: Creating the Marketplace for Sustainable E...Leonardo ENERGY
Developed under SEAF H2020 (Sustainable Energy Asset Framework), a European Commission funded project led by Joule Assets Europe that ran from 2016 to 2018, eQuad is a holistic online platform and set of services created to bridge the gap between Sustainable Energy Asset (SEA) projects and financiers, catalysing market growth in Europe. Since its commercial launch in May 2018, over €160 million of SEA projects from 5 countries have been submitted to eQuad. Joule has now gone through multiple cycles of processing projects and matching them to investors.
This webinar will therefore challenge Joule’s original hypothesis of the “finance gap” against real market experience post launch of the eQuad platform.
Auctioning RE projects: Lessons learned from auction design for renewable ele...Leonardo ENERGY
This session is part of the Clean Energy Regulators Initiative Webinar Programme.
Theme 7 - Promotion of RE Technologies
Module 6: Auctioning RE projects
An increasing number of countries world-wide are using auctions to procure renewable energy sources in the electricity sector. More than 60 countries had held renewable energy auctions as of early 2015. The webinar explains crucial design features and the important lessons learned from various jurisdictions around the world. The webinar will also highlight potential combinations of of auctions with other support mechanisms. For instance, feed-in tariffs can be applied for smaller-scale projects and RE auctions can trigger investment in larger-scale projects.
Auctioning RE projects: Lessons learned from auction design for renewable ele...Leonardo ENERGY
This session is part of the Clean Energy Regulators Initiative Webinar Programme.
Theme 7 - Promotion of RE Technologies
Module 6: Auctioning RE projects
An increasing number of countries world-wide are using auctions to procure renewable energy sources in the electricity sector. More than 60 countries had held renewable energy auctions as of early 2015. The webinar explains crucial design features and the important lessons learned from various jurisdictions around the world. The webinar will also highlight potential combinations of of auctions with other support mechanisms. For instance, feed-in tariffs can be applied for smaller-scale projects and RE auctions can trigger investment in larger-scale projects.
OECD Bappenas Framework for industry’s net-zero transition: “Developing financing solutions in emerging and developing economies” Indonesia country stakeholder meeting, 6 December 2022, Jakarta, Indonesia
Professor Arild Angelsen gave this presentation in Bonn, Germany on 5 June 2013 at an event organized by CIFOR titled ‘REDD+ performance and verification: Insights from CIFOR’s Global Comparative Study (GCS) on REDD+’. This was an official side event to the 2013 Bonn Climate Change Conference.
Vulnerability of CDM projects for discontinuation of mitigation activities (I...NewClimate Institute
Thomas Day from NewClimate Institute presented findings from the report "Vulnerability of CDM projects for discontinuation of mitigation activities" during the Innovate4Climate conference in Barcelona.
The report report looks at the vulnerability of CDM projects for discontinuation, as well as exploring options to support continued mitigation.
One of the key issues facing the roll out of carbon capture and storage (CCS) will be the availability of commercial finance to support the significant capital investment needs of the industry. Whilst a small number of projects have begun early discussions with debt finance providers, the appetite for, and understanding of, CCS in the financial sector has not been widely tested to date. With this in mind, the Global CCS Institute recently commissioned Societie Generale to take the pulse of the international finance community to determine the awareness, understanding and appetite for financing CCS projects with debt.
In this webinar, Allan Baker, Global Head of Power Advisory & Project Finance at Societe Generale, presented the findings of this exercise and discuss key issues for financial institutions in the CCS sector, potentially available sources of finance for projects and how to unlock this liquidity.
Similar to How auction design affects the financing of renewable energy projects (20)
A new generation of instruments and tools to monitor buildings performanceLeonardo ENERGY
What is the added value of monitoring the flexibility, comfort, and well-being of a building? How can occupants be better informed about the performance of their building? And how to optimize a building's maintenance?
The slides were presented during a webinar and roundtable with a focus on a new generation of instruments and tools to monitor buildings' performance, and their link with the Smart Readiness Indicator (SRI) for buildings as introduced in the EU's Energy Performance of Buildings Directive (EPBD).
Link to the recordings: https://youtu.be/ZCFhmldvRA0
Auctions for energy efficiency and the experience of renewablesLeonardo ENERGY
Auctions are an emerging market-based policy instrument to promote energy efficiency that has started to gain traction in the EU and worldwide. This presentation provides an overview and comparison of several energy efficiency auctions and derives conclusions on the effects of design elements based on auction theory and on experiences of renewable energy auctions. We include examples from energy efficiency auctions in Brazil, Canada, Germany, Portugal, Switzerland, Taiwan, UK, and US.
A recording of this presentation can be viewed at:
https://youtu.be/aC0h4cXI9Ug
Energy efficiency first – retrofitting the building stock finalLeonardo ENERGY
Retrofitting the building stock is a challenging undertaking in many respects - including costs. Can it nevertheless qualify as a measure under the Energy Efficiency First principle? Which methods can be applied for the assessment and what are the results in terms of the cost-effectiveness of retrofitting the entire residential building stock? How do the results differ for minimization of energy use, CO2 emissions and costs? And which policy conclusions can be drawn?
This presentation was used during the 18th webinar in the Odyssee-Mure on Energy Efficiency Academy on February 3, 2022.
A link to the recording: https://youtu.be/4pw_9hpA_64
This presentation discusses the contribution of Energy Efficiency Funds to the financing of energy efficiency in Europe. The analysis is based on the MURE database on energy efficiency policies. As an example, the German Energy Efficiency Fund is described in more detail.
This is the 17th webinar in the Odyssee-Mure on Energy Efficiency Academy.
Recordings are available on: https://youtu.be/KIewOQCgQWQ
(see updated version of this presentation:
https://www.slideshare.net/sustenergy/energy-efficiency-funds-in-europe-updated)
The Energy Efficiency First Principle is a key pillar of the European Green Deal. A prerequisite for its widespread application is to secure financing for energy efficiency investments.
This presentation discusses the contribution of Energy Efficiency Funds to the financing of energy efficiency in Europe. The analysis is based on the MURE database on energy efficiency policies. As an example, the German Energy Efficiency Fund is described in more detail.
This is the 17th webinar in the Odyssee-Mure on Energy Efficiency Academy.
Recordings are available on: https://youtu.be/KIewOQCgQWQ
Five actions fit for 55: streamlining energy savings calculationsLeonardo ENERGY
During the first year of the H2020 project streamSAVE, multiple activities were organized to support countries in developing savings estimations under Art.3 and Art.7 of the Energy Efficiency Directive (EED).
A fascinating output of the project so far is the “Guidance on Standardized saving methodologies (energy, CO2 and costs)” for a first round of five so-called Priority Actions. This Guidance will assist EU member states in more accurately calculating savings for a set of new energy efficiency actions.
This webinar presents this Guidance and other project findings to the broader community, including industry and markets.
AGENDA
14:00 Introduction to streamSAVE
(Nele Renders, Project Coordinator)
14:10 Views from the EU Commission and the link with Fit-for-55 (Anne-Katherina Weidenbach, DG ENER)
14:20 The streamSAVE guidance and its platform illustrated (Elisabeth Böck, AEA)
14:55 A view from industry: What is the added value of streamSAVE (standardized) methods in frame of the EED (Conor Molloy, AEMS ECOfleet)
14:55 Country experiences: the added value of standardized methods (Elena Allegrini, ENEA, Italy)
The recordings of the webinar can be found on https://youtu.be/eUht10cUK1o
This webinar analyses energy efficiency trends in the EU for the period 2014-2019 and the impact of COVID-19 in 2020 (based on estimates from Enerdata).
The speakers present the overall trend in total energy supply and in final energy consumption, as well as details by sector, alongside macro-economic data. They will explain the main drivers of the variation in energy consumption since 2014 and determine the impact of energy savings.
Speakers:
Laura Sudries, Senior Energy Efficiency Analyst, Enerdata
Bruno Lapillonne, Scientific Director, Enerdata
The recordings of the presentation (webinar) can be viewed at:
https://youtu.be/8RuK5MroTxk
Energy and mobility poverty: Will the Social Climate Fund be enough to delive...Leonardo ENERGY
Prior to the current soaring energy prices across Europe, the European Commission proposed, as part of the FitFor55 climate and energy package, the EU Social Climate Fund to mitigate the expected social impact of extending the EU ETS to transport and heating.
The report presented in this webinar provides an update of the European Energy Poverty Index, published for the first time in 2019, which shows the combined effect of energy and mobility poverty across Member States. Beyond the regular update of the index, the report provides analysis of the existing EU policy framework related to energy and transport poverty. France is used as a case study given the “yellow vest” movement, which was triggered by the proposed carbon tax on fuels.
Watch the recordings of the webinar:
https://youtu.be/i1Jdd3H05t0
Does the EU Emission Trading Scheme ETS Promote Energy Efficiency?Leonardo ENERGY
This policy brief analyzes the main interacting mechanisms between the Energy Efficiency Directive (EED) and the EU Emission Trading Scheme (ETS). It presents a detailed top-down approach, based on the ODYSSEE energy indicators, to identify energy savings from the EU ETS.
The main task consists in isolating those factors that contribute to the change in energy consumption of industrial branches covered by the EU ETS, and the energy transformation sector (mainly the electricity sector).
Speaker:
Wolfgang Eichhammer (Head of the Competence Center Energy Policy and Energy Markets @Fraunhofer Institute for Systems and Innovation Research ISI)
The recordings of this webinar can be watched via:
https://youtu.be/TS6PxIvtaKY
Energy efficiency, structural change and energy savings in the manufacturing ...Leonardo ENERGY
The first part of the presentations presents the energy efficiency improvements in the manufacturing sector since 2000, and the role of structural change between the different branches and energy savings. It will compare the improvements in Denmark and other countries with EU average. This part is based on ODYSSEE data.
The second part of the presentation presents the development in Denmark in more detail, and it will compare the energy efficiency improvement, corrected for structural change, with the reported savings from the Energy Efficiency Obligation Scheme.
Recordings of the live webinar are on https://youtu.be/VVAdw_CS51A
Energy Sufficiency Indicators and Policies (Lea Gynther, Motiva)Leonardo ENERGY
This policy brief looks at questions ‘how to measure energy sufficiency’, ‘which policies and measures can be used to address energy sufficiency’ and ‘how they are used in Europe today’.
Energy sufficiency refers to a situation where everyone has access to the energy services they need, whilst the impacts of the energy system do not exceed environmental limits. The level of ambition needed to address energy sufficiency is higher than in the case of energy efficiency.
This is the 13th edition of the Odyssee-Mure on Energy Efficiency Academy, and number 519 in the Leonardo ENERGY series. The recording of the live presentation can be found on https://www.youtube.com/watch?v=jEAdYbI0wDI&list=PLUFRNkTrB5O_V155aGXfZ4b3R0fvT7sKz
The Super-efficient Equipment and Appliance Deployment (SEAD) Initiative Prod...Leonardo ENERGY
The Super-efficient Equipment and Appliance Deployment (SEAD) Initiative Product Efficiency Call to Action, by Melanie Slade - IEA and Nicholas Jeffrey - UK BEIS
Towards a systems approach in Ecodesign and Energy Labelling: How to make the...Leonardo ENERGY
View recordings of the workshop at https://youtu.be/06U1MXlLaNs
It is widely recognised that there are substantial additional energy savings to be made from taking a system approach – considering how products are combined and operate together. However, political ambition has not resulted in regulation. During this workshop, policy makers and key stakeholders will discuss implementation barriers and explore possible remedies.
The European Copper Institute commissioned research to look into the experience with developing system related ecodesign and energy labelling regulations to date (Brocklehurst, 2021). In their review, the authors analysed the common characteristics and challenges related to ecodesign and energy labelling of eight product groups that, at least to some extent, go beyond a ‘simple’ product.
During this workshop, the authors will present the findings of their study. Policy makers will be invited to present their views on taking the systems approach in ongoing product regulation initiatives. During a debate, we will invite stakeholders to share their experiences and views on systems approach in product regulation. We will evaluate implementation barriers and explore possible remedies.
PRESENTATIONS
* Welcome and introduction (Diedert Debusscher, ECI)
* A review of systems approaches in Ecodesign and Energy Labelling (Fiona Brocklehurst, Ballarat Consulting)
* Transforming product efficiency policy into system efficiency policy (Hans-Paul Siderius, Netherlands Enterprise Agency)
* Views from the EU Commission (Ronald Piers De Raveschoot, ENER.B3)
* Case study: Pump systems (Michael Könen, Europump)
LF Energy Webinar: Electrical Grid Modelling and Simulation Through PowSyBl -...DanBrown980551
Do you want to learn how to model and simulate an electrical network from scratch in under an hour?
Then welcome to this PowSyBl workshop, hosted by Rte, the French Transmission System Operator (TSO)!
During the webinar, you will discover the PowSyBl ecosystem as well as handle and study an electrical network through an interactive Python notebook.
PowSyBl is an open source project hosted by LF Energy, which offers a comprehensive set of features for electrical grid modelling and simulation. Among other advanced features, PowSyBl provides:
- A fully editable and extendable library for grid component modelling;
- Visualization tools to display your network;
- Grid simulation tools, such as power flows, security analyses (with or without remedial actions) and sensitivity analyses;
The framework is mostly written in Java, with a Python binding so that Python developers can access PowSyBl functionalities as well.
What you will learn during the webinar:
- For beginners: discover PowSyBl's functionalities through a quick general presentation and the notebook, without needing any expert coding skills;
- For advanced developers: master the skills to efficiently apply PowSyBl functionalities to your real-world scenarios.
The Art of the Pitch: WordPress Relationships and SalesLaura Byrne
Clients don’t know what they don’t know. What web solutions are right for them? How does WordPress come into the picture? How do you make sure you understand scope and timeline? What do you do if sometime changes?
All these questions and more will be explored as we talk about matching clients’ needs with what your agency offers without pulling teeth or pulling your hair out. Practical tips, and strategies for successful relationship building that leads to closing the deal.
Let's dive deeper into the world of ODC! Ricardo Alves (OutSystems) will join us to tell all about the new Data Fabric. After that, Sezen de Bruijn (OutSystems) will get into the details on how to best design a sturdy architecture within ODC.
UiPath Test Automation using UiPath Test Suite series, part 3DianaGray10
Welcome to UiPath Test Automation using UiPath Test Suite series part 3. In this session, we will cover desktop automation along with UI automation.
Topics covered:
UI automation Introduction,
UI automation Sample
Desktop automation flow
Pradeep Chinnala, Senior Consultant Automation Developer @WonderBotz and UiPath MVP
Deepak Rai, Automation Practice Lead, Boundaryless Group and UiPath MVP
Connector Corner: Automate dynamic content and events by pushing a buttonDianaGray10
Here is something new! In our next Connector Corner webinar, we will demonstrate how you can use a single workflow to:
Create a campaign using Mailchimp with merge tags/fields
Send an interactive Slack channel message (using buttons)
Have the message received by managers and peers along with a test email for review
But there’s more:
In a second workflow supporting the same use case, you’ll see:
Your campaign sent to target colleagues for approval
If the “Approve” button is clicked, a Jira/Zendesk ticket is created for the marketing design team
But—if the “Reject” button is pushed, colleagues will be alerted via Slack message
Join us to learn more about this new, human-in-the-loop capability, brought to you by Integration Service connectors.
And...
Speakers:
Akshay Agnihotri, Product Manager
Charlie Greenberg, Host
GraphRAG is All You need? LLM & Knowledge GraphGuy Korland
Guy Korland, CEO and Co-founder of FalkorDB, will review two articles on the integration of language models with knowledge graphs.
1. Unifying Large Language Models and Knowledge Graphs: A Roadmap.
https://arxiv.org/abs/2306.08302
2. Microsoft Research's GraphRAG paper and a review paper on various uses of knowledge graphs:
https://www.microsoft.com/en-us/research/blog/graphrag-unlocking-llm-discovery-on-narrative-private-data/
State of ICS and IoT Cyber Threat Landscape Report 2024 previewPrayukth K V
The IoT and OT threat landscape report has been prepared by the Threat Research Team at Sectrio using data from Sectrio, cyber threat intelligence farming facilities spread across over 85 cities around the world. In addition, Sectrio also runs AI-based advanced threat and payload engagement facilities that serve as sinks to attract and engage sophisticated threat actors, and newer malware including new variants and latent threats that are at an earlier stage of development.
The latest edition of the OT/ICS and IoT security Threat Landscape Report 2024 also covers:
State of global ICS asset and network exposure
Sectoral targets and attacks as well as the cost of ransom
Global APT activity, AI usage, actor and tactic profiles, and implications
Rise in volumes of AI-powered cyberattacks
Major cyber events in 2024
Malware and malicious payload trends
Cyberattack types and targets
Vulnerability exploit attempts on CVEs
Attacks on counties – USA
Expansion of bot farms – how, where, and why
In-depth analysis of the cyber threat landscape across North America, South America, Europe, APAC, and the Middle East
Why are attacks on smart factories rising?
Cyber risk predictions
Axis of attacks – Europe
Systemic attacks in the Middle East
Download the full report from here:
https://sectrio.com/resources/ot-threat-landscape-reports/sectrio-releases-ot-ics-and-iot-security-threat-landscape-report-2024/
GDG Cloud Southlake #33: Boule & Rebala: Effective AppSec in SDLC using Deplo...James Anderson
Effective Application Security in Software Delivery lifecycle using Deployment Firewall and DBOM
The modern software delivery process (or the CI/CD process) includes many tools, distributed teams, open-source code, and cloud platforms. Constant focus on speed to release software to market, along with the traditional slow and manual security checks has caused gaps in continuous security as an important piece in the software supply chain. Today organizations feel more susceptible to external and internal cyber threats due to the vast attack surface in their applications supply chain and the lack of end-to-end governance and risk management.
The software team must secure its software delivery process to avoid vulnerability and security breaches. This needs to be achieved with existing tool chains and without extensive rework of the delivery processes. This talk will present strategies and techniques for providing visibility into the true risk of the existing vulnerabilities, preventing the introduction of security issues in the software, resolving vulnerabilities in production environments quickly, and capturing the deployment bill of materials (DBOM).
Speakers:
Bob Boule
Robert Boule is a technology enthusiast with PASSION for technology and making things work along with a knack for helping others understand how things work. He comes with around 20 years of solution engineering experience in application security, software continuous delivery, and SaaS platforms. He is known for his dynamic presentations in CI/CD and application security integrated in software delivery lifecycle.
Gopinath Rebala
Gopinath Rebala is the CTO of OpsMx, where he has overall responsibility for the machine learning and data processing architectures for Secure Software Delivery. Gopi also has a strong connection with our customers, leading design and architecture for strategic implementations. Gopi is a frequent speaker and well-known leader in continuous delivery and integrating security into software delivery.
Search and Society: Reimagining Information Access for Radical FuturesBhaskar Mitra
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Watch this recorded webinar about real-time monitoring of application performance. See how to integrate Apache JMeter, the open-source leader in performance testing, with InfluxDB, the open-source time-series database, and Grafana, the open-source analytics and visualization application.
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Length: 30 minutes
Session Overview
-------------------------------------------
During this webinar, we will cover the following topics while demonstrating the integrations of JMeter, InfluxDB and Grafana:
- What out-of-the-box solutions are available for real-time monitoring JMeter tests?
- What are the benefits of integrating InfluxDB and Grafana into the load testing stack?
- Which features are provided by Grafana?
- Demonstration of InfluxDB and Grafana using a practice web application
To view the webinar recording, go to:
https://www.rttsweb.com/jmeter-integration-webinar
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Here’s what you’ll gain:
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- Practical Applications in FME Form: Delve into key user parameter types including choice, connections, and file URLs. Allow users to control how a workflow runs, making your workflows more reusable. Learn to import values and deliver the best user experience for your workflows while enhancing accuracy.
- Optimization Strategies in FME Flow: Explore the creation and strategic deployment of parameters in FME Flow, including the use of deployment and geometry parameters, to maximize workflow efficiency.
- Pro Tips for Success: Gain insights on parameterizing connections and leveraging new features like Conditional Visibility for clarity and simplicity.
We’ll wrap up with a glimpse into future webinars, followed by a Q&A session to address your specific questions surrounding this topic.
Don’t miss this opportunity to elevate your FME expertise and drive your projects to new heights of efficiency.
Essentials of Automations: Optimizing FME Workflows with Parameters
How auction design affects the financing of renewable energy projects
1. H2020 Project: Auctions for
Renewable Energy Support
Webinar – Leonardo Energy, 26th January 2022
2. AURES II: EU funded research collaboration
on auctions for renewable energy support
2
Funded by the European Union's Horizon 2020 Framework Programme for research and innovation (2018 – 2021)
3. 1. Generate and communicate new insights on the applicability,
performance, and effects of specific auction designs
2. Provide tailor-made policy support for different types of auction
applications
3. Facilitate knowledge exchange between stakeholders
AURES II – objectives
3
4. Terminology: Auctions or Tenders?
• Auction: the sale or procurement of products or services
through a competitive bidding procedure
• Tender: a multi-criteria auction, where price and non-price
factors are used to determine the winning bids.
• In practice, both terms are often used inter-changeably
4
5. RES auctions: procurement of new RES
Procurement auction: Government
agency ‘procures’ renewable energy
through tenders and makes contracts to
install a certain capacity / to deliver
certain energy volume
Bidders compete for the right to receive
support payments / to enter direct power
purchase agreements
Winners are selected based on the
lowest required support level and/or
highest scoring in other criteria
5
RES volume to be procured
Support
price
to
be
paid
S
6. How auction designs affect the financing
of renewable energy projects?
Lena Kitzing, Mak Đukan (DTU)
Moïra Jimeno (Eclareon)
Barbara Breitschopf (Fraunhofer ISI)
Ana Amazo (Guidehouse)
7. • Exploratory analysis on factors impacting financing conditions
• Financing survey
• Econometric analysis
• Cashflow simulations
• Auction design to provide enabling financing environments
Impacts of auctions on financing
7
8. Costs of capital have a large effect on RE
electricity production costs
8
Hurdle rate premium
Cost of equity
Cost of debt
D/E
ratio
Cost of Capital
(Discount rate)
WACC
Hurdle
rate
Cost of Capital
9. Auctions could lead to some new risks, which did
not exist in the era of centrally determined support
schemes (such as FIT)
9
Pipeline / Pre-
development
Project Development
(permitting, contracting, financing)
Operations
AUCTION
Auction frequency
Auction volumes
Construction
Penalties
FINANCIAL
CLOSE
COMMERCIAL
OPERATION
DATE
PLANNING RISK:
pipeline
development risks
QUALIFICATION RISK: risk
of qualifying to participate in
an auction
ALLOCATION RISK: risk of
not winning an auction
NON-COMPLIANCE
RISK: risk of being
penalized
REVENUE / CREDIT RISK:
risk of being able to meet
loan obligations & risk
connected to uncertainty of
future revenues
Pre-qualification requirements
Permitting
Bid bond / performance bond
Premium system design
10. Results from an EU-wide survey
on financing conditions
January 26, 2022
Moïra Jimeno – Project Manager in Policy Consulting at Eclareon
11. Agenda
11
1. Weigthed Average Cost of Capital: Main results 2019 & over time
development
2. Cost of Debt: Main results 2019 & over time development
3. Cost of Equity: Main results 2019 & over time development
4. Conclusions
12. WACC 2019 – Wind Onshore
12
Results show there is
still a gap between
Member States
13. WACC Development 2014-2019
13
Dramatic WACC decrease in most countries and the gap is narrowing
Greece
Spain
EU
0%
2%
4%
6%
8%
10%
12%
2014 2019
WACC
Year
Wind Onshore
14. Cost of Debt 2019
14
Many countries with an
average CoD lower than 2%
15. CoD Development 2014-2019
15
9.5%
1.9%
2.7%
1.5%
2014 2016 2019
Spain CoD Spain IR
10.5%
4.7%
5.6%
3.6%
2014 2016 2019
Greece CoD Greece IR
Correlation between CoD and Interest Rates in the Eurozone €
Spain Greece
Wind Onshore
17. Cost of Equity 2019
17
65% of countries with a
CoE lower than 10%
Riskier countries = higher
CoE
18. CoE Development 2014-2019
18
Finland
Spain
EU
0.0%
2.0%
4.0%
6.0%
8.0%
10.0%
12.0%
14.0%
16.0%
18.0%
20.0%
2014 2019
Cost
of
Equity
2019
Year
Wind Onshore
Emergence of new market players interested in
greening their portfolios due to pressure:
• Use of ESG factors (Environmental, Social,
Governance) by Credit Rating Agencies
• Climate policy (Paris Agreement)
• EU Sustainability Taxonomy (reg. 2020/852 on the
framework to facilitate sustainable investment)
• Task Force on Climate Related Financial Disclosures
(Financial Stability Board)
19. Conclusions
19
Lower Costs of Capital are a positive sign for a further
RE development and to reach energy and climate goals
Dramatic decrease of the WACC, CoD, and CoE
CoD: huge role of interest rates and international
capital spill-overs
CoE: emergence of new investors with different
interests and business models
20. Econometric assessment of the
effects of auctions on financing
January 26, 2022
Barbara Breitschopf – Researcher at Fraunhofer ISI
21. What do we observe regarding investments in renewables?
• diverse risks increase cost of capital
• cost of capital varies between countries
• in some countries, albeit favourable natural conditions for RE, the generation cost of
renewable electricity is not significantly lower than in countries with less favourable natural
conditions
• high cost of capital obviously outweighs favourable generation conditions for RE
What don‘t we know yet, when looking at auctions?
• whether auctions entail additional risks for investors
• which are the dominating risks affecting cost of capital
• to what degree auctions and other factors affect cost of capital
What is our key question?
• do auctions and remuneration schemes affect the risks, and, hence, the cost of capital?
What is our research question?
21
22. • Differentiated risks by levels
• country or macro-level: e.g. government bond rates, societal acceptance, political stability,
economic development
• sector or meso-level: remuneration schemes, auctions, RE deployment (experience),
long-term policy, capital market conditions,
• project or micro-level: technology, investor type, type of finance, natural resources
• Data
• AURES II auction data base
• AURES II WACC data base
• additional sources e.g. Eurostat, World Bank, EC reports, ECB, etc.
• Econometric model
• dependent variable: WACC, independent variables: factors at the three levels
How do we approach our question?
22
23. • Risk factors at the macro level are the dominating factors of the cost of capital, i.e.
government bonds and economic growth
• Factors at the sector level have some impacts on the cost of capital:
• auctions and support policies: policies reducing market risk exposure have a slightly
cost reducing impact, while the introduction and implementation of auctions has not
increased the cost of capital
• learning effects: it seems that with increasing auction experience, the cost of capital
even decreases, and experiences in the sector (RE deployment) support this finding
• At the project level (micro), we see that the choice of technologies - solar and wind
onshore - has no impact, while we have not been able to identify further influencing
factors such as project structure, type of investors, counterpart risks that could partly
compensate for high macro-level risks
What do we find?
23
24. How much can EU countries
save by reducing risks for
renewables?
January 26, 2022
Mak Đukan – PhD Student at Technical University of Denmark
25. Support cost savings through improving
financing conditions
25
De-risking potential [EUR/MWh] (sensitivity
analysis)
Average
financing
conditions
Minimum
surveyed
financing
conditions (per
country and
technology)
Scenarios (from average
to minimum surveyed)
1) All financing
conditions
2) All debt financing
3) Cost of debt
4) Cost of equity
5) DSCR
6) Loan tenor
7) Investment variables
• CAPEX
• Capacity Factor
• OPEX
• Electricity price
27. Average savings from improvements in financing
conditions vs. other investment variables
27
28. • Largest benefit from debt de-risking implies policymakers should focus on revenue
stabilisation mechanisms (like two sided CfD’s)
• Our cross country study does not find evidence that countries with CfD’s have
lower costs of capital. Instead country risk is the main risk driver (Greece with two sided CfD
has a 2.7% higher WACC on average than Denmark with a fixed premium)
• De-risking CoE has lesser impact so policymakers should conduct measures that
relax auction designs in the pre-biding stage only as means of achieving goals
other than cost-efficiency
• Other market conditions have a very large impact on support costs – such as site
conditions, technology costs and electricity price expectations (increasing electricity price
expectations from 1% increase per year to 2% leads to slightly greater support cost savings than de-risking debt financing)
Conclusions and discussion
28
30. 1. Key risks along the RE project development cycle
2. Design elements to address auction-related risks
3. Design elements to address project revenue risks
4. Lessons learned
Agenda
30
31. 1. Key risks along the RE project
development cycle
31
Risk
Qualification risk: bidder prepares bid but does not fully meet an auction’s participation requirements.
Allocation risk: bidder prepares bid, participates in the auction but does not win. Bid preparation costs become sunk costs.
Non-compliance risk: bidder pays penalty or loses awarded contract for e.g., delayed or failed project commissioning.
Revenue and market exposure risk: project revenue exposed to e.g., price volatility in electricity markets, dispatch and
payment default risk, currency depreciation & high inflation, lead to unsecured revenues.
Source: Based on Đukan & Kitzing (2021)
32. 2. Design elements to address auction-
related risks (I/III)
32
Source: Based on Đukan & Kitzing (2021)
Design element Evidence Recommendations
Auction
volume &
auction
frequency
As auctions become more
established (i.e., more auction
rounds implemented and large
volumes auctioned), cost of capital
can decrease.
• Auction volume should be sufficiently high to
ensure large participation rates but also maintaining
a right competition level.
• Multi-year auction schedule + regular frequency
• Mitigates the impact of allocation risk (project
pipeline development)
• Flexibility: policymakers should be able to adjust
volumes to avoid strong price fluctuations
33. 2. Design elements to address auction-
related risks (II/III)
33
Source: Based on Đukan & Kitzing (2021)
Design element Evidence Recommendations
Endogenous
rationing
Increases planning risk and can
affect
the corporate financing of project
pipelines
• In general, it should be avoided. Instead, the
auction volume could be reviewed for next rounds.
• If nevertheless applied, the conditions and size of the
volume adjusted should be clearly stated before the
auction (e.g., based on past auction results).
34. 2. Design elements to address auction-
related risks (III/III)
34
Source: Based on Đukan & Kitzing (2021)
Design element Evidence Recommendations
Materia Pre-
qualification /
Bid bonds /
Penalties
• Relaxing these design elements
does not meaningfully reduce bid
levels and support costs (e.g.,
through lower equity return
requirement); instead, it may create
unwanted effects, such as lowering
project realisation rates.
• Too high / strict requirements can
increase “walk-away” effect
• They should generally be set carefully at a level
that is:
• necessary to ensure a high probability of
project realisation and
• to help serious bidders gain relevant
insights on project site conditions, costs, and
local regulations
35. 3. Design elements to address project
revenue risks (I/IV)
35
Source: Based on Đukan & Kitzing (2021)
Design element Evidence Recommendations
Support scheme
design (fixed or
variable FIP)
• Support schemes reducing market risk
exposure enhances positive effect of
“presence of auctions” on costs of
capital.
• However: Cost of capital depends
mainly on macro-level risks such as
country risk.
• Support designs with higher certainty of future cash
flows (e.g., shielding from volatile market prices)
improve financing conditions.
• Both one-sided or two-sided FIP can work well.
Policymakers should consider that risk depends on
differences in country risks, market electricity prices,
and capacity factors.
36. 3. Design elements to address project
revenue risks (II/IV)
36
Source: Based on Đukan & Kitzing (2021)
Design element Impact on risk Recommendations
Conversion
from FIT to FIP
• The auction awards a FIT which is
later converted into a FIP once an
electricity market has been
established.
• The conversion event introduces
uncertainties that can be heavily
discounted by bidders (higher bid
prices).
• Conversion of remuneration schemes should generally
be avoided.
• Yet, if necessary, the negative impacts can be
attenuated if the:
• Conversion event is defined clearly (i.e., pre-
defined criteria and prior readiness assessment)
• Previous FIT level acts as strike price of two-sided
CfD
• Partial responsibility for imbalances if no liquid
intra-day market.
Relevant question in Contracting Parties of the Energy
Community
37. 3. Design elements to address project
revenue risks (III/IV)
37
Source: Based on Đukan & Kitzing (2021)
Design element Impact on risk Recommendations
PPA:
Curtailment
compensation
• Dispatch risk: risk that the power
plant is not dispatched by the off-
taker or TSO
• Define “deemed energy” (e.g., through non-
compensable events and/or a «bank» of allowed
curtailment) and compensation level (e.g., PPA price,
day-ahead price + premium). Compensation practices
vary widely in Europe.
Off-taker
liquidity support
• Payment default risk: Off-taker may
face liquidity constraints that lead to
payment delay/default.
• Consider off-taker liquidity support, e.g., through letter of
credit, bank guarantee or escrow equivalent to e.g., 3-12
months of PPA revenues (depending on the market).
Relevant question in Contracting Parties of the Energy
Community
38. 3. Design elements to address project
revenue risks (III/III)
38
Source: Based on Đukan & Kitzing (2021)
Design element Impact on risk Recommendations
Tariff indexation • Foreign exchange risk: currency
mismatch between the off-taker’s
revenues (in local currency) and the
producer’s project financing (in
‘hard’ currency, especially debt if
local finance market is not very
liquid).
• Currency depreciation results in
costs.
Right indexation mix depends on:
• Which project costs can be paid in local currency?
• How developed are local lending markets?
Relevant question in Contracting Parties of the Energy
Community
39. 4. Lessons learned
39
1. Sufficiently large volumes and multi-year auction schedules foster competition and visibility for
investors.
• As auctions become more established (i.e., more auction rounds implemented and large volumes auctioned), cost
of capital can decrease.
2. Support scheme design that stabilizes revenues from the electricity market (variable FIPs)
increases certainty on future revenue stream for investors.
• Support scheme design enhances positive effect of “presence of auctions” on costs of capital. However: Cost of
capital not depend only on support policies, but on many other external factors, for instance, the country risk.
3. Relaxing material pre-qualifications, bid bonds and penalties does not create significant support
cost reduction (e.g., through lower equity return requirement); instead, it may create unwanted
effects, such as lowering project realisation rates.
4. Good auction design does not need to shield developers from all risks, instead, it should help
them correctly assess the risks involved in participating in an auction.
40. • Reports
o Effects of auctions on financing conditions for renewable energy, 2019
o Renewable energy financing conditions in Europe: survey and impact analysis, 2021
o Auction design and renewable energy financing, 2021
o De-risking and scaling up renewables through market-based policies, 2022
• Scientific articles
o The impact of auctions on financing conditions and cost of capital for wind energy projects, Energy Policy, 2021
• Data
o Financing conditions of renewable energy projects – results from an EU wide survey, Open Research Europe, 2021
AURES II publications on auctions and financing
40
42. AURES II has received funds for the years 2018-2021
from the European Union’s Horizon 2020 research and innovation programme
under grant agreement no. 817629
Lena Kitzing, Mak Đukan (DTU)
Moïra Jimeno (Eclareon)
Barbara Breitschopf (Fraunhofer ISI)
Ana Amazo (Guidehouse)
AURES II
Website: http://aures2project.eu/
LinkedIn: AURES II
Twitter: @auctions4res
Newsletter: http://eepurl.com/gd42zz