Energy Transition Risk Analysis Course

This interactive, practical course provides foundational knowledge of Decision and Risk Analysis and how to apply it to decisions in the CCUS value chain. The different elements of carbon policy are introduced to understand how they impact project economics from the revenue, tax, and cost standpoint. The primary goal is to build true practitioner skills to frame and evaluate project decisions facing the energy transition, and specifically, carbon policy uncertainty. Using Decision Frameworks state-of-the-art Decision Quality workflow, tool suite, and realistic CCUS case example, course participants learn to 1) develop relevant carbon policy scenarios, 2) frame CCUS project alternatives, 3) structure the analysis of their alternatives to incorporate carbon policy uncertainty, 4) perform uncertainty analysis of their project alternatives and enable an informed decision.

What’s Covered

Participants attend four 5-hour online modules with interactive large group discussions and small group breakouts each day.

• Module 1: Overview of Decision Quality. The CCUS value chain, carbon policy elements, and carbon policy scenario development. Introduction to decision framing and practice.

• Module 2: Framing CCUS case alternatives with Strategy Tables and Decision and Risk Timelines.

• Module 3: Characterizing risk and uncertainty. Uncertainty analysis with tornado diagrams, decision trees, and cumulative probability plots. Generating the CCUS case tornado diagrams for project options and carbon policy scenarios.

• Module 4: Generating probabilistic decision tree analysis of CCUS case project options for each carbon scenario. Framing real course participant decision problems.

What’s Provided

• A practical Decision Quality workflow and toolset to frame decisions and evaluate options with decision tree analysis.

• A relevant CCUS case study and economic model set up to incorporate different carbon policy scenarios to evaluate CCUS project options.

• DTrio® decision framing software and TreeTop® decision tree software for use in the course and afterward with 30-day evaluation licenses.

• A course manual and Decision Frameworks Decision Quality Toolbox.

• The option for real CCUS decision problems brought to class to be included in the last day of the training, based on attendee preference. Real-life application of the workflow and software solidifies understanding and builds lasting skills