Power Origination and PPA Desk Academy
Twenty courses. Beginner to advanced. No course assumes what it has not taught.
The learner must be able to compare competing offers that differ in volume shape, credit support, curtailment treatment and attribute rights, then negotiate and close a single contract whose clauses, price and risk allocation are internally consistent.
20 courses · 100 to 130 chapters each · every chapter one 8 to 10 minute explainer · self-paced
Twenty courses in dependency order
A course may only assume capability taught by a lower-numbered course, and the level column never falls as you move down the table.
| # | Course | Level | Builds on | What this course owns |
|---|---|---|---|---|
| A | Origination foundations | |||
| 01 | Origination & PPA Business | 1/10 | none | How a power origination desk is organised, who the counterparties are, and how a mandate moves from enquiry to signed contract. |
| 02 | PPA Types & Delivery Structures | 1/10 | 01 | The taxonomy of delivery routes, covering on-site, private wire, sleeved, grid-delivered and virtual, and what separates each legally and operationally. |
| 03 | Generation Profiles & Buyer Demand | 2/10 | 01, 02 | Reading half-hourly generation and consumption data to describe a renewable production profile against a buyer's load profile. |
| 04 | Corporate Buyer Requirements | 2/10 | 01, 02 | The corporate buyer's internal approval, reporting and claim drivers, and how they constrain a procurement mandate. |
| B | Structure, shape and risk allocation | |||
| 05 | Pay-as-Produced, Baseload & Shaped Structures | 3/10 | 02, 03 | Allocating volume and shape risk between seller and buyer, and sizing the shaping cost of each volume structure. |
| 06 | Capture Prices, Basis & Cannibalisation | 4/10 | 03, 05 | Calculating a generator's achieved capture price and the locational and cannibalisation discounts against the reference price. |
| 07 | Curtailment, Negative Prices & Availability | 4/10 | 03, 05, 06 | Defining deemed generation, negative-price stops and availability obligations, and quantifying what each removes from delivered volume. |
| 08 | Attribute Ownership & Claim Rights | 5/10 | 02, 04, 05 | Tracking certificate ownership, transfer and retirement, and what a buyer may lawfully claim. |
| 09 | Credit Support, Guarantees & Security | 5/10 | 01, 02, 04 | Sizing and documenting collateral, parent guarantees and security packages for a long-dated power contract. |
| C | Settlement and pricing | |||
| 10 | Physical PPAs & Sleeving | 6/10 | 02, 05, 07, 08 | Arranging a utility sleeve or supply-linked physical delivery, including imbalance treatment, shaping and the sleeving fee stack. |
| 11 | Financial PPAs & Settlement | 6/10 | 05, 06, 07, 09 | The settlement arithmetic of a contract for difference, including settlement period definition, reference price selection, invoicing and dispute mechanics. |
| 12 | Long-Term Pricing & PPA Economics | 7/10 | 06, 07, 11 | Building a full-term price and valuation from capture, basis, curtailment and settlement inputs, including strike derivation and sensitivity testing. |
| 13 | Pricing Structures & Embedded Flexibility | 7/10 | 06, 11, 12 | Designing collars, floors, caps, indexation and volume flex, and pricing the optionality each clause grants. |
| D | Financing, accounting and portfolio | |||
| 14 | Bankability & Lender Requirements | 8/10 | 09, 11, 12 | Meeting lender tests on tenor, offtaker credit, termination payments and step-in rights so a project reaches financial close. |
| 15 | PPA Accounting, Embedded Derivatives & Disclosure | 8/10 | 11, 12, 13 | Classifying a contract under own-use, lease, embedded-derivative and hedge accounting tests, and the reporting consequences of each outcome. |
| 16 | Multi-Site Procurement & PPA Portfolios | 8/10 | 04, 11, 13 | Aggregating several contracts and sites into one portfolio position with blended shape, basis and credit exposure. |
| 17 | Hybrid Renewable & Storage PPAs | 9/10 | 05, 07, 11, 13 | Contracting co-located storage and hybrid assets, including dispatch rights, cycling limits and firmed delivery obligations. |
| E | Negotiation and lifecycle command | |||
| 18 | Term Sheets & Negotiation | 9/10 | 09, 12, 13, 16 | Drafting a term sheet and running a negotiation so every clause stays internally consistent with the structure, price and risk positions already taken. |
| 19 | Termination, Change in Law & Renegotiation | 10/10 | 09, 14, 18 | Administering the contract after signature through change in law, force majeure, default, termination payment and renegotiation over a long term. |
| 20 | Origination & Negotiation Simulation | 10/10 | 12, 16, 17, 18 | Running a full competitive origination round under time pressure: comparing offers that differ on shape, credit, curtailment and attributes, and closing one internally consistent contract. |
Every course states the capability it owns. The brochure carries the same table plus the chapter list behind each course, which is the quickest way to find the course that teaches the thing you cannot currently do.
The whole desk end to end, in one programme
The twenty courses take one capability at a time, in dependency order, for someone building from the ground up. The Power Origination & PPAs Trading Desk Master Programme does the opposite: it runs the whole power purchase agreements desk front to back in a single sequence, for someone who already works on a desk and wants the shape of the job quickly rather than the long route.
Take whichever matches your starting point. They cover the same ground and several of the numbered courses draw on the same material.
Take one course, or the whole pathway
Each course stands alone. Taken in order, the twenty build one desk capability from no prior knowledge.