The concept of public-private partnerships for developing large infrastructure projects in the power and water industry has been a success story in the Gulf Region since many years, and it is now also spreading to evolving economies in Africa and Asia. The key benefits of such joint ventures between private developers and the states are derived from the contribution of competitive private know-how in technical and financial matters in exchange for secure revenues from these large infrastructure investments. The latter are established through long-term purchase agreements for power and/or water between the state-owned offtaker and the joint public-private project companies which define the tariff equations to be applied for the monthly invoice based on hourly production data. To ensure that the plants are operated and maintained with all necessary diligence over the entire contract term, the purchase agreements also include performance and availability guarantees. The processing of all monthly data with the above-described functionalities is a very complex and laborious task only achievable through a comprehensive software system, and – since the resulting invoice is the only source of income for the entire month – the settlement system is truly business critical for the plant.
This webinar introduces the key qualities of a settlement system needed by the project company for generating the monthly invoice, and by the offtaker for reviewing and checking the same. Specific performance models, such as Fuel Demand Models (FDM) for fossil-fired plants or Solar Performance Models (SPM) for solar plants will also be covered.
ENEXSA is a leading provider of plant accounting and settlement systems and performance models that has been active in the Gulf Region since more than fifteen years and was the first to supply such systems to Morocco, Bangladesh and Myanmar. As of May 2022, ENEXSA has successfully delivered settlement systems for thirty-seven IPP and IWP plants with total nominal production capacity of about 29.5 GW of power and 8 million m3/day of desalinated water.
Please join our webinar on Tuesday, June 14th, 2022, at 10 a.m. CET to learn more about these important software systems for independent power and water plants.
Key Learning Objectives
- Understand the criticality of settlement systems
- Understand the settlement process between the independent producer and the offtaker
- Know the key qualities of settlement systems
- Understand the concept of performance and availability guarantees for purchase agreements
