Meralco Power Academy (MPA)’s online course on Developing a Business Case for Energy Storage & RE Technologies was conducted via Zoom last July 19 – 23, 2021. Twenty six (26) participants from various sectors learned from industry expert Dr. Edward Bodmer.
The 5-day learning session delved on how to efficiently and accurately measure the cost per unit of technologies such as battery storage, hydrogen and different types of solar technologies. New methods of off-shore wind and biomass were also thoroughly discussed.
Participants completed the course with added skills and knowledge on constructing their own independent levelized cost of energy models. By understanding the difference between levelized cost measured on a real and a nominal basis, they are now more equipped in creating their own energy storage programs.
Dr. Edward Bodmer’s teaching technique was given high ratings by the participants, noting his expertise on the subject, the interactive design of the 5-day course and overall conducive learning atmosphere he created for the class. A participant noted that he was able to explain the financial model of the program in a non-intimidating way that made it easy to understand for non-finance attendees. The resources he provided deemed very useful, providing significant information for the participants as they go back to their respective organizations to apply what they learned.