Manuscript - Financing Modeling of Renewable Energy Projects

Price Optimization
a. Deterministic Model
File: 9A. Optimization Model
Sheet: Dashboard
Objective
• To find the optimal price that meet the equity return (in this case is 10%)
Procedure
• First, we set analysis type as deterministic
• then change the formula PPA price in table of commercial assumptions that link to
sheet macro instead of sheet input
Change the reference sheet from sheet Input to sheet Macro
• In sheet Macro, there will be additional calculation that would be linked to VBA
script as shown the next page
• Any change in assumption and scenario selected should press button “Global
Optimize” and wait the calculation process until modelling error and compliance
checks indicate “OK”.
• The result of statistic output is the same (10%) due to deterministic model
95