Wind Plant Project Financing. 3 credits, 3 contact hours

Catalog description

The course begins with an overview of fundamental financial and economic concepts related to commercial-scale wind energy projects. It will dive into the fundamental aspects of site selection, feasibility studies, and the intricacies of wind resource assessment. The course will explore financial aspects of wind turbines and layout design, addressing considerations for optimal energy production and environmental impact. Students will gain insights into project financing, permitting processes, and regulatory compliance specific to the wind energy sector. Through case studies and real-world examples, students will develop a practical understanding of the entire project life cycle, from initial development to construction, operation, and eventual decommissioning. In addition, the course investigates energy policy, and students will gain insights into the historical and contemporary aspects of the Production Tax Credit (PTC) and Investment Tax Credit (ITC), as well as the evolution of subsidies within the industry.