Practicum on Development & Financing of Large-Scale Low-Carbon Projects

Here is the link to the course syllabus: https://drive.google.com/file/d/1qAAlstN18egrB--GcE5gdGXbfkjhfUhe/view This is the follow-on course to ENVRES 260 Implementing & Financing a Decarbonized Economy. Absent approval of the Instructors, ENVRES 260 is a prerequisite for ENVRES 260P.In the forthcoming decades, the transition to a global low-carbon economy will require tens of trillions of dollars worth of capital investment. Much of that capital investment will directed towards new builds, or retrofits, of major capital projects, whether using technologies that are commercial today or new technologies. This course consists to multi-disciplinary teams of students (a typical mix would be 2 engineers, 2 MBAs and 1 law student) to work together on the issues of developing and financing a single large low-carbon project. In the Spring Quarter 2022 class, there were five student teams. The student teams respectively focused on one of the following projects: 1. A first-of-a-kind 3 GW offshore floating wind project to be located ~20 miles off the California coast and interconnected into the Morro Bay and Diablo Canyon switchyards 2 .A first-of-a-kind green hydrogen and ammonia project powered by an assemblage of 30 advanced nuclear reactor units located near Kingston upon Hull, England to offset about 10% of the UK's energy needs 3. A first-of-a-kind carbon capture project on a pulp and paper mill 4. An analysis of the first-of-a-kind project proposed by Los Angeles Department of Water and Power to convert the 1.9 GW Intermountain Power Project in Delta, Utah to a repowering fueled by natural gas and renewables to green hydrogen, including long-duration storage enabled by salt cavern storage of hydrogen 5. A blue ammonia project on the Texas gulf coast to supply low-carbon ammonia to Japan The projects for the Spring 2023 class have not yet been determined. This course aims to give students a very practical and detailed introduction to the opportunities and challenges of developing and financing major low-carbon capital projects. Each of the instructors has decades of hands-on experience in developing and financing major capital projects. Students should be eager to engage in a multi-disciplinary approach both in terms of how to think about the subject matter and in terms of interacting with fellow students who bring a different academic and or work experience than their own. Permission code is required for enrollment. Please write to Clark Campagna, clarkmc@stanford.edu to apply for permission code. ENVRES 260P is capped at 25 students. Some priority will be given to E-IPER graduate students.