Electricity Procurement
Stage A, Hydrogen and its inputs. Level 2 of 10.
Contracting electricity for an electrolyser: power purchase shapes, hourly matching rules, grid charges, curtailment and load factor consequences.
122 chapters · 11 modules · every chapter one 8 to 10 minute explainer · builds on: Course 01, Course 02
One chapter is one idea taken to the point of use
Each chapter covers one idea to the point where you can use it, and comes two ways: a narrated explainer, and a deep dive audio discussion of around thirty minutes that works the same material at depth.
Self-paced throughout, and the same chapters can be taught as a cohort. Chapters run in order: each one assumes only what the chapters before it taught, and capability belonging to a later course is named and deferred rather than half-covered.
11 modules · 122 chapters
Open any module for its full chapter list, in teaching order.
M0 The Electrolyser as a Buyer of Electricity Ch 1-10
- Why Power Decides Whether the Project Exists
- The Seat Every Chapter Sits In
- An Electrolyser Is Not an Ordinary Factory Load
- Three Questions the Power Contract Must Answer
- The Figures Assumed From Earlier Work
- Where These Chapters Stop and Cost Assembly Begins
- Certification Named and Deferred
- Hedging Named and Deferred
- Markets Differ, So Every Mechanism Is Named
- What Is Settled and What Is Still Moving
M1 Load Factor and the Cost of Every Kilogramme Ch 11-21
- Load Factor Defined for a Consuming Asset
- Why Fewer Hours Raise the Cost of Each Kilogramme
- The Cheapest Hours Are Not the Cheapest Hydrogen
- The Marginal Hour Test
- Running Hours as a Contracted Variable
- Sizing the Stack Against the Supply Shape
- Rated Capacity, Plant Load and What the Meter Records
- Standby Draw and the Hours You Pay For Twice
- Efficiency Decline Across a Long Supply Term
- A Load Factor Table You Can Defend
- Reading Somebody Else's Utilisation Claim
M2 What the Plant Can Actually Do Ch 22-32
- Flexibility Is Bounded by Engineering, Not Ambition
- Minimum Stable Load and the Floor Beneath Flexibility
- Turndown Range as a Commercial Asset
- Ramp Rate and the Window You Cannot Reach
- Cold Start, Warm Start and Holding Standby
- Cycling, Degradation and the Cost of Stopping
- Technology Differences That Change the Contract
- Downstream Processes That Refuse to Follow
- Buffer Storage as Purchased Flexibility
- Water, Oxygen and the Inputs That Must Keep Up
- A Flexibility Statement for the Procurement File
M3 Supply Shapes a Hydrogen Buyer Can Contract Ch 33-43
- The Shape Question Restated for a Buyer That Can Decline
- Flat Supply and the Comfort It Buys
- Pay-as-Produced Supply and Where the Residual Lands
- Shaped Volume and the Premium Attached to It
- Grid Supply as the Layer Underneath
- Stacking Two Contracts Over One Connection
- Volume Tolerance Written for a Plant That May Not Run
- The Right to Stop Buying
- Supply Tenor Against Hydrogen Commitment Tenor
- Restating Three Offers Onto One Basis
- Choosing a Shape Before a Cost Model Exists
M4 Matching Rules and What They Do to a Contract Ch 44-55
- Why a Renewable Claim Rides on the Electricity Contract
- Temporal Correlation: Naming the Mechanism
- What the Matching Period Does to Utilisation
- Where the Rule in Force Is Published
- Geographic Correlation and the Bidding Zone Test
- Additionality and the Age of the Generating Asset
- Incrementality Under the United States Production Credit
- The United Kingdom Standard and Its Electricity Accounting
- Certificates as the Instrument That Carries the Claim
- Grid Average and the Fallback Nobody Wants
- Carve-Outs and the Hours a Rule Treats Differently
- The Matching Argument and Its Assumptions
M5 Network Charges, Levies and the Connection Ch 56-67
- The Bill Is Not the Energy Price
- Energy-Based and Capacity-Based Network Charging
- Why a Flexible Load Can Still Meet a Peak Charge
- The Principles Behind a Published Tariff
- Relief for Flexible and High-Utilisation Consumers
- An Exemption Written for Electrolysers
- Levies, Scheme Costs and Who Carries Them
- Getting Connected: the Capacity You Apply For
- Queues, Dates and the Project the Network Decides
- Firm Connection Against Flexible Connection
- Time-Based and Conditional Access Rights
- A Delivered Electricity Cost You Can Audit
M6 Curtailment Seen From the Consuming Side Ch 68-78
- Two Different Things Called Curtailment
- Free to the Generator, Not Free to the Buyer
- Deemed Generation Seen From the Buyer's Chair
- Curtailed Power Offered as a Bargain
- Negative Price Hours as a Consumption Opportunity
- When the Network Curtails the Electrolyser
- Being Paid to Stop Drawing
- Who Carries the Loss Under Each Structure
- Counting the Hours a Year Actually Removes
- Proving an Hour Was Lost, and to Whom
- A Restriction Risk Statement for a Named Connection
M7 Price Exposure Inside the Procurement Decision Ch 79-89
- Which Price This Plant Is Actually Exposed To
- Consumption-Weighted Average Cost of Power
- Fixed Price Terms and What They Remove
- Floating Against a Published Reference
- Indexation a Power Seller Will Ask For
- Floors, Caps and Corridors on the Power Leg
- The Stop Price, Derived From the Buyer's Seat
- Standby Cost Inside the Stop Decision
- The Exposure a Structure Creates, Line by Line
- Currency and the Cross-Border Electricity Purchase
- What the Procurement Decision Cannot Lock
M8 Routes to Contracted Electricity Ch 90-100
- Six Routes to the Same Electron
- Co-Located Generation Behind the Meter
- A Direct Wire to a Named Asset
- Grid-Delivered Supply From a Named Asset
- Sleeving Through a Licensed Supplier
- A Financially Settled Electricity Contract
- Buying From the Market Yourself
- Developing Your Own Generation
- Layering Routes Over One Connection
- Scoring the Routes Against Four Tests
- The Route Decision Is Partly Not Yours
M9 Running the Procurement Ch 101-111
- Specifying What You Need Before Asking for Prices
- Finding Counterparties Willing to Contract This Load
- Running a Competitive Electricity Tender
- Credit Seen From Both Sides of the Power Deal
- Conditions the Contract Must Wait For
- Aligning Three Timetables
- Nominations and the Daily Operating Interface
- Reconciling an Electricity Invoice Against the Meter
- Holding a Flexibility Right in an ETRM
- The Power Procurement Pack
- Reviewing a Signed Contract Twelve Months In
M10 One Worked Procurement, and the Limits Ch 112-122
- The Situation: a Plant That Must Choose Its Power
- Reading the Connection Offer First
- Proposal One: Flat Supply at a Fixed Rate
- Proposal Two: Pay-as-Produced From a Named Wind Asset
- Proposal Three: Contracted Generation Plus Residual Supply
- The Load Factor Each Proposal Delivers
- The Matched Share Each Proposal Supports
- The Recommendation and What It Trades Away
- The Same Case With the Rule Tightened
- What Power Procurement Cannot Settle
- The Threads That Resume Later
The brochure gives each of these 122 chapters a paragraph on what it covers and what you can do once you have worked through it.
This is course 3 of twenty
It stands alone, and it is also the entry point to the Hydrogen Desk Academy pathway.