Training course: Power Purchase Agreements (PPA)

Increase your understanding of the technical, market and financial aspects as well as risks associated with grid-connected energy storage.

This two-day course on grid-connected energy storage is intended for professionals wishing to acquire a comprehensive overview of grid-connected energy storage and to have the latest technology, market conditions and issues clearly explained. The topics covered are: energy markets in relation to energy storage, the role of storage in providing flexibility to solve intermittency issues in the grid, business models, performance indicators, warranties, safety, risks and risk mitigation, and more.

Energy storage webinar series

Your benefits

After this course you will be able to: Identify opportunities and risks for grid-connected energy storage in your business. Understand the complexity of grid-connected energy storage projects, be able to make decisions and interact with stakeholders during the entire project life cycle.

For whom?

This course is intended for project developers, insurers and lenders interested in, or working with, grid-connected energy storage. Policy makers, utilities, EPC contractors and other professionals who wish to benefit from DNV’s technical and commercial knowledge of energy storage are also welcome to register to this course.

An elementary knowledge of electricity and/or physics is recommended.

Course topics

The following topics will be addressed:

  • Roles of storage in the electricity grid:
    • Electricity markets and applications
    • Types of energy storage systems (e.g. Li-ion, vanadium redox flow batteries, etcetera)
    • Components of energy storage systems
  • Essential elements:
    • life cycle phases and planning
    • Performance indicators/reliability
    • Sizing
    • FAT/SAT
    • Warranty/safety items
    • Contracting, actors and responsibilities
  • Business models:
    • Value of flexibility
    • Levelised cost of storage (LCOS)
    • Technology/market combinations
    • Examples/case studies
  • Risk in energy storage:
    • Risks & risk mitigation
    • Safety, health and environmental aspects
    • Design FMECA/operational FMECA
    • Standard

The topics covered during the course will be supported by case studies and examples.

GRIDSTOR is our recommended practice on grid-connected energy storage, providing definitions, procedures and an excellent framework for discussing the above topics.

Practical information

For the following items, please refer to the registration form:

  • Course dates
  • Venue details
  • Registration fee
  • Payment and cancellation conditions

The training and all course materials will be in English. To encourage active participation, the number of participants is limited to 20. Click here for more information and to register for the upcoming course.


In-company and customised training courses

On request, DNV can also develop customized and in-company training courses. Content, location and duration of the course can be adapted to your specific needs.


For more information please contact us

Energy Academy
email: academy.energy@dnv.com
web: www.dnv.com/energy-academy
tel: +31 (0)6 29602659 / +31 (0)6 15063593 / +31 (0)6 18410601

A few responses from previous participants

  • ‘‘A very good overview of all elements of a storage system - ideal to bring the team up to speed with new opportunities.’’
  • ‘‘Very good knowledge sharing from experienced professionals’’
  • ‘‘Very helpful course and relevant.’’
  • ‘‘Good course, good material, good trainers.’’

About DNV
DNV is the independent expert in risk management and assurance, operating in more than 100 countries. Through its broad experience and deep expertise DNV advances safety and sustainable performance, sets industry benchmarks, and inspires and invents solutions.

Whether assessing a new ship design, optimizing the performance of a wind farm, analyzing sensor data from a gas pipeline or certifying a food company’s supply chain, DNV enables its customers and their stakeholders to make critical decisions with confidence.

Driven by its purpose, to safeguard life, property, and the environment, DNV helps tackle the challenges and global transformations facing its customers and the world today and is a trusted voice for many of the world’s most successful and forward-thinking companies.

In the energy industry
DNV provides assurance to the entire energy value chain through its advisory, monitoring, verification, and certification services. As the world's leading resource of independent energy experts and technical advisors, the assurance provider helps industries and governments to navigate the many complex, interrelated transitions taking place globally and regionally, in the energy industry. DNV is committed to realizing the goals of the Paris Agreement, and supports customers to transition faster to a deeply decarbonized energy system.

Learn more at www.dnv.com.