Offtake is harder to price than it was five years ago. Contract structures continue to multiply, basis and curtailment risks are widening, tax credit and tariff rules have shifted, and data centers are entering the market with power contracts that look different from those of traditional buyers.
This course takes a transaction-level approach to PPA valuation and pricing. A single project runs throughout the day: a 200 MW solar project paired with 100 MW / 400 MWh of storage in ERCOT, with a corporate offtake and a data center offtake competing for the same project. Participants will build the project’s price, stress it for basis risk, put a value on contractual concessions, and negotiate toward a final deal price. Each module is grounded in a real-world transaction.
This practical and interactive course examines both buy-side and sell-side perspectives across utility, corporate, community choice aggregator, industrial and data center procurement. Examples span U.S. and European markets, providing a practical look at how changing market conditions, project risks and buyer requirements are reshaping PPA pricing and valuation.