Energy markets amid the gas supply crisis

This webinar will once again feature speakers from Deloitte who, as in the two previous editions in which they participated, will share their vision on the financing of renewable energy projects and the importance of the forecasting in audits and in portfolio valuation:

Vision of investment and financing needs

• Huge capital needs (equity and debt) until 2030 to comply with the NECP, in an environment with high volatility and uncertainty
• Diversity among capital providers in terms of their risk tolerance, especially by merchant
• PPA needed to mitigate the merchant risk, updated illustration of the financing conditions of projects with and without PPA
• Sensitivity analysis of returns expected by project shareholders in different scenarios

Risks and difficulties of preparing financial information

• Complexity in the presentation of financial information on price hedges
• Challenges of accounting estimates; impairment test, fair value…
• Complexity of the hedge accounting given the diversity of PPA

The webinar will also analyse the evolution of European energy markets and the prospects for the coming autumn and next winter, periods that will be complicated due to the gas supply crisis, aggravated by the Russian invasion of Ukraine and the risk that Russia will stop supplying gas to Europe.