Course 17 of 20 · Power Origination and PPA Desk Academy

Hybrid Renewable & Storage PPAs

Stage D, Financing, accounting and portfolio. Level 9 of 10.

Contracting co-located storage and hybrid assets, including dispatch rights, cycling limits and firmed delivery obligations.

118 chapters · 11 modules · every chapter one 8 to 10 minute explainer · builds on: Course 05, Course 07, Course 11, Course 13

Enrol or enquire See the 118 chapters
How a chapter is delivered

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.

Curriculum

11 modules · 118 chapters

Open any module for its full chapter list, in teaching order.

M0 What Changes When a Battery Sits Inside the Contract Ch 1-10
  1. Who Decides That the Battery Charges
  2. A Co-Located Battery Does Not Make One Asset
  3. Whose Seat You Are Sitting In
  4. The Volume Shape You Inherit and Do Not Redraft
  5. Curtailment and Deemed Generation as Settled Ground
  6. The Settlement Arithmetic You Build On
  7. Embedded Flexibility Already Has a Price
  8. Where This Material Stops and Who Owns the Rest
  9. A Firming Promise Rests on an Availability the Seller Cannot Fully Control
  10. The Decisions the Rest of This Material Works Through
M1 The Configurations a Contract Has to Describe Ch 11-21
  1. Shared Connection, Two Machines Behind It
  2. Alternating and Direct Current Coupling as Contract Facts
  3. One Agreement or Two Agreements
  4. A Battery Added to a Plant Already Under Contract
  5. Storage Paired With a Plant That Is Nowhere Near It
  6. A Battery on the Offtaker's Own Site
  7. Wind and Solar Under One Delivery Promise
  8. The Export Limit Both Machines Must Share
  9. A Battery Somebody Else Owns
  10. The Asset Description Schedule
  11. A Configuration Chosen to Suit the Tax Position
M2 Placing the Dispatch Decision Ch 22-33
  1. Operational Control and Commercial Dispatch Are Not the Same Right
  2. Dispatch Held by the Seller
  3. Dispatch Granted to the Buyer
  4. A First Call and a Residual Right
  5. A Dispatch Pattern Fixed in Advance
  6. The Instruction as a Document
  7. Notice Deadlines and the Late Instruction
  8. When No Instruction Arrives at All
  9. The Grounds on Which a Seller May Refuse
  10. Refusing an Instruction to Protect a Warranty
  11. Dispatch Exercised by an Agent
  12. Auditing a Dispatch Clause for Direction
M3 Cycling as a Contractual Ration Ch 34-44
  1. A Cycle Allowance Is a Contract Term
  2. Defining a Cycle So Both Parties Count the Same
  3. Energy Throughput Instead of Cycle Counting
  4. The Allowance Period and What Resets
  5. The Cycle an Instruction Consumes
  6. The Cycle the Seller Spends on Its Own Account
  7. Exceeding the Ration
  8. Allowance Not Used and Whether It Carries
  9. Depth and Temperature as Conditions on the Right
  10. The Warranty as a Third Party in the Room
  11. An Illustrative Allowance Ledger for One Year
M4 Capacity Decline and Who Bears It Ch 45-54
  1. Contracted Capacity Falls While the Contract Does Not
  2. The Argument That Decline Follows Dispatch, and Its Assumptions
  3. A Maintenance Obligation Placed on the Owner
  4. A Declining Schedule the Offtaker Accepts
  5. A Capacity Test Written Into the Agreement
  6. The Failed Test and the Remedy Ladder
  7. Replacing Cells and Who Funds It
  8. Charging the Offtaker for the Wear It Caused
  9. The Clause That Grants Dispatch and Leaves the Wear Behind
  10. An Illustrative Capacity Account Across the Term
M5 Firm and Shaped Delivery Obligations Ch 55-66
  1. What Firm Means When It Is Written Against Weather
  2. Round-the-Clock Renewable Supply as a Contracted Product
  3. The Annual Availability Commitment
  4. A Shaped Promise the Battery Is Meant to Meet
  5. Sizing Storage Against the Promise, Illustratively
  6. Defining the Shortfall Event
  7. Damages for a Missed Firm Hour
  8. Buying In Replacement Energy
  9. Making It Up Later
  10. What Excuses a Firming Obligation
  11. A Firm Promise That Cannot Be Met, Worked Through
  12. Firming From the Market Instead of the Battery
M6 Charging Energy, Title and Attributes Ch 67-76
  1. Every Discharged Megawatt-Hour Was Charged From Somewhere
  2. Charging Only From the Plant Beside It
  3. Charging From the Grid and the Clause That Forbids It
  4. Who Owns the Energy Going In
  5. The Energy That Does Not Come Out Again
  6. Passing the Charging Cost Through
  7. Attributes Attached to Energy That Was Stored
  8. The Import Limit as a Charging Constraint
  9. Pricing a Legacy Charging Condition on an Older Project
  10. Reading a Charging Clause for Who Bears What
M7 The Metering Boundary and the Delivered Quantity Ch 77-86
  1. The Delivery Point Is a Drafting Choice
  2. Naming the Settlement Meter Among Several on Site
  3. One Export Meter, Two Revenue Streams
  4. Splitting a Shared Meter Between the Two Machines
  5. Deemed Allocation When Nobody Measured
  6. Losses Between the Machine and the Delivery Point
  7. Registered as One Resource or as Two
  8. A Named Metering Arrangement to Check Yours Against
  9. Arguing About Numbers on a Hybrid Site
  10. An Illustrative Month Across Three Meters
M8 Merchant Hours and Revenue Allocation Ch 87-97
  1. The Hour the Offtaker Did Not Call
  2. Who Keeps What the Merchant Hour Earned
  3. Writing the Contracted and Merchant Split Down
  4. Sharing Upside Above an Agreed Floor
  5. The Cycle Spent on the Owner's Own Trade
  6. A Contract Call Against a Better Market Hour
  7. What the Offtaker Is Entitled to Know
  8. An Optimiser's Fee Inside a Power Purchase Agreement
  9. Service Commitments Made Against a Contracted Battery
  10. A Register of Every Promise Made Over One Machine
  11. Reading a Revenue Share for Direction
M9 Availability, Outage and Component Failure Ch 98-107
  1. Two Machines That Fail Separately
  2. Partial Availability and the Reduced Promise
  3. The Battery Out of Service in a Firm Window
  4. Coordinating Planned Outages Across a Hybrid Site
  5. Force Majeure Affecting One Component Only
  6. The Connection Outage That Stops Both
  7. An Availability Obligation Drafted for a Hybrid
  8. Notice of Unavailability and What It Buys
  9. What the Seller Genuinely Cannot Control
  10. An Illustrative Outage Sequence and Its Contractual Result
M10 A Worked Hybrid Deal, the Inversion Audit and the Limits Ch 108-118
  1. The Brief: A Solar and Storage Hybrid With Three Offers
  2. Drafting the Dispatch Annexe, Part One: Placing the Right
  3. Drafting the Dispatch Annexe, Part Two: Rationing and Decline
  4. Drafting the Firming Schedule for the Chosen Offer
  5. Pricing What the Developer Granted Away
  6. The Offer That Should Have Been Declined
  7. Reading a Whole Hybrid Contract Back for Direction
  8. The Three Clauses That Contradict Each Other
  9. What a Lender Will Test in This Contract
  10. Where Practitioners Still Disagree
  11. What Contracting a Hybrid Cannot Do

The brochure gives each of these 118 chapters a paragraph on what it covers and what you can do once you have worked through it.

This is course 17 of twenty

It stands alone, and it is also the entry point to the Power Origination and PPA Desk Academy pathway.

Enrol or enquire See the whole pathway