A 4 day comprehensive training course designed to provide you with an understanding of the following:- Different valuation techniques- Qualitative factors affecting valuations- Quantitative factors affecting valuations- How to apply the appropriate valuation technique(s), including financial modelling using ExcelCourse BackgroundForward pricing and valuation in electricity generation is a four day intensive, technical hands-on course in which attendees receive comprehensive instruction on the theory and practice of making price forecasts and assessing risk in the electricity generating industry. After discussion of electricity markets around the world, the course moves to programming and model structuring, where attendees follow the lead of the instructor in building various analyses of forward pricing and valuation issues. Exercises include analysis of supply and demand, modelling of capacity mix and capacity level optimisation; construction of time series analysis for fuel prices loads and hydro generation; and, project finance analysis of merchant plant investments. As the course progresses, attendees apply risk assessment, option pricing, and valuation techniques in real world cases using an integrated model. In addition to building their own models, participants learn how to use fully developed models that incorporate sophisticated debt structuring, break-even analysis, contract pricing, time series equations and Monte Carlo simulation.