Webinar

Energy markets
in the recovery from the economic crisis (II)

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recording

October 29, 2020 | 10:00 - 11:00 CET
Oriol Saltó i Bauzà
Manager of Data Analysis and Modelling at AleaSoft
Pablo Castillo Lekuona
Senior Manager of Global IFRS & Offerings Services at Deloitte
Carlos Milans del Bosch
Partner of Financial Advisory
at Deloitte

Content

  • Evolution of European energy markets in the economic recovery
  • Financing of renewable energy projects
  • Importance of the forecasting in audits and portfolio valuation

A global pandemic like that of COVID‑19 with such a rapid and powerful impact on the world economy was an event that was impossible to predict. It was also very difficult to predict and estimate its medium and long‑term consequences on the economy and the energy markets. Visualising what the recovery will be like and how the energy markets will behave is also being a major task. The fear of the impact that the new outbreaks of the pandemic may have is added to the uncertainty of the evolution of the economy.

This webinar will be the continuation of the topics analysed on September 17 and other points on project financing will also be included.

Vision of investment and financing needs:

  • Huge capital needs (equity and debt) between 2020-2030 to comply with the NECP, in an uncertain environment of energy transition and economic crisis
  • Diversity among capital providers in terms of their risk tolerance, especially by merchant
  • PPAs needed as mitigators of merchant risk, updated illustration of the financing conditions of projects with and without a 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
  • Regulatory implications in the processes of expansion and integration in international groups
  • Accounting risks in the processes of restructuring, mergers and acquisitions, or IPOs