Storage is the fastest-growing alternative energy asset class, but the contract structures needed to assure financeability and mitigate project risks are not standardized or well understood. While storage is generally lumped in with solar, wind and other renewable assets, storage projects have many unique features that can create pitfalls for both offtakers and project developers if the most advanced contracting practices are not employed to mitigate risks, maximize revenues, and assure access to capital.
This master class will provide project developers, offtakers and financiers with an understanding of the state of the art in storage contracting, due diligence and what is needed to secure affordable financing for storage projects.
Live Office Hours
The curriculum has been designed to allow participants to fully grasp today's most important topics, including:
Live Q&A and discussion following each session
March 16, 2021 | 8:45 AM - 2:00 PM PDT
|Session 1: Utility, Muni/CCA and Co-op Storage Procurements: What the Offtakers Are Looking For
|Session 2: Contracting for Storage in Corporate Energy Procurements: What the Offtakers Are Looking For
|Session 3: Understanding How Changing Policy Initiatives and Regulations Impact Storage Development, Operation, and Revenue Streams
|Session 4: Understanding Key Offtake Contract Structures and Risks
|Session 5: Opportunities for and Assessing Merchant Storage Revenue Streams
|Session 6: Understanding the Potential Impacts of International Trade and CFIUS Restraints on Energy Storage Supply Chains
|Session 7: The Evolving Storage EPC/O&M Contractual Structures: Managing the Technical Issues and Risks
|Session 8: Key Tax Issues for Battery Storage ITC
|Session 9: Financiers’ Advice on Creating Bankable Energy Storage Projects
|Session 10: Office Hours: Interactive Live Zoom Session
Les represents many of the industry’s leading companies on project development, financing and M&A transactions for solar, wind, biomass, gas and similar generation projects, battery technology and other energy storage projects, biofuels and production facilities and energy efficiency projects. Les has led the Orrick team’s thought leadership in the growing energy storage market, has published numerous articles on the topic, and has served as lead counsel on many of the largest storage and renewables+storage transactions completed to date.
Senior Vice President
STARWOOD ENERGY GROUP GLOBAL, INC.
Director, Emerging Technologies
CUSTOMIZED ENERGY SOLUTIONS (CES)
Vice President, Energy Market Operations & Resource Planning
Director, Renewable Energy & Environmental Finance
WELLS FARGO BANK
FRACTAL ENERGY STORAGE CONSULTANTS
Josh Dale, CFA
Executive Director, Project Finance
Michael Della Penna
Project Lead, Carbon-Free Energy
Gary Dorris, PhD
Michael Kleinberg, PhD
Head of Department, Energy Storage Advisory
DNV GL - ENERGY NORTH AMERICA
Vice President, Tax
8MINUTE SOLAR ENERGY LLC
Director of Procurement
For Public Utility, Government, CCA and Academic pricing, click here.
An application requesting MCLE credit for this Master Class is pending approval from the State Bar of California.