CourseElectromobility, Batteries & Hydrogen Applications open

Finance course in hydrogen projects

Online course of 300 hours in hydrogen project finance. 6 modules covering hydrogen economics, financial project appraisal, structuring and project finance, public support and market regulation, and risks and investment strategies, with an assigned technical tutor.

Duration3 months
ModeOnline
LanguageEnglish
Start datesSet by the faculty
AwardSEIUM Institute certificate

Finance course in hydrogen projects — studying from the United States

The United States is rapidly expanding its electric vehicle, battery and hydrogen industries, supported by federal incentives and private investment. Battery manufacturing and recycling facilities are growing in states such as Georgia, Tennessee, Michigan and Nevada. Automakers, energy companies and startups are developing cells, charging infrastructure and hydrogen fuel systems. Engineers in this sector work on electrochemistry, power electronics, thermal management and standards for safe and reliable energy storage.

Fees for the United States: 610 US$ (US Dollars), with instalments and employer sponsorship available.

Relevant bodies in the United States

  • U.S. Department of Energy (DOE)
  • Society of Automotive Engineers (SAE International)
  • Underwriters Laboratories (UL Solutions)
  • Electrochemical Society (ECS)

Typical roles

  • Battery Systems Engineer
  • Electrochemical Engineer
  • Power Electronics Engineer
  • Hydrogen Systems Engineer

Questions from the United States

Are fees shown in US Dollars?

Yes. All fees on this site are shown in US Dollars, and instalment options are available for many programmes.

Do I get a tutor?

Yes. Every learner is assigned a dedicated technical tutor who supports progress throughout the programme and the final project.

Virtual lab · try it before you enrol

Take the controls.

Run a real engineering trade-off from this field. Move the sliders, watch the model react in real time and beat the challenge.

SIM · LIVE ●
Learning outcomes

What you will be able to do

01

Calculate the levelised cost of hydrogen under different scenarios.

02

Build financial models of hydrogen projects.

03

Apply profitability and debt coverage metrics.

04

Analyse the regulatory criteria for renewable hydrogen.

05

Identify the public support instruments available.

06

Assess technical, market and counterparty risks.

07

Propose viable financing structures for investors.

Profile

Who it's for

  • Energy project financial analysts.
  • Hydrogen investment managers.
  • Project finance consultants.
  • Business development managers in hydrogen and renewables.
  • Energy grants and subsidies officers.
  • Infrastructure risk analysts.
  • Engineering or science graduates aiming to work in renewable energy.
Standards & tools

What you'll work with

  • Directive (EU) 2023/2413 (RED III) (Renewable Energy Directive)
  • Delegated Regulation (EU) 2023/1184 (rules for renewable hydrogen (RFNBO))
  • Regulation (EU) 2020/852 (EU Taxonomy Regulation)
  • Delegated Regulation (EU) 2023/1185 (greenhouse gas savings methodology for RFNBOs)
  • Directive (EU) 2024/1788 (internal markets for renewable gas and hydrogen)
  • ISO/TS 19870 (methodology for hydrogen greenhouse gas emissions)
  • Directive 2003/87/EC (EU Emissions Trading System)
  • Microsoft Excel
  • HOMER Pro
  • H2A Production Model (NREL)
  • Python with numpy-financial
  • @RISK
Syllabus

6 modules

  1. 1.1Value chain: production, transport and end use
  2. 1.2Alkaline, PEM and solid oxide electrolysis
  3. 1.3Renewable, low-carbon and grey hydrogen
  4. 1.4Levelised cost of hydrogen (LCOH)
  5. 1.5CAPEX structure of an electrolysis plant
  6. 1.6Operating costs and electricity price
  7. 1.7Capacity factor and renewable generation profile
  8. 1.8Learning curves and cost reduction
  9. 1.9Demand markets: industry, mobility and refining
  10. 1.10Workshop: LCOH calculation for a 20 MW electrolyser
  1. 2.1Project free cash flows
  2. 2.2Net present value and internal rate of return
  3. 2.3Weighted average cost of capital
  4. 2.4Sensitivity and scenario analysis
  5. 2.5Monte Carlo simulation of critical variables
  6. 2.6Stack degradation and equipment replacement
  7. 2.7Terminal value and asset useful life
  8. 2.8Taxes, depreciation and tax credits
  9. 2.9Spreadsheet financial models
  10. 2.10Practical exercise: cash flow model of a hydrogen refuelling station
  1. 3.1Special purpose vehicles and contractual structure
  2. 3.2Debt service coverage ratio
  3. 3.3Non-recourse and limited-recourse financing
  4. 3.4EPC and operation and maintenance contracts
  5. 3.5Hydrogen offtake agreements
  6. 3.6Renewable electricity PPAs
  7. 3.7Guarantees, bonds and security packages
  8. 3.8Technical, legal and financial due diligence
  9. 3.9Multilateral banks and export credit agencies
  10. 3.10Case study: debt structure of a hydrogen valley
  1. 4.1Criteria for renewable fuels of non-biological origin
  2. 4.2Additionality, temporal and geographical correlation
  3. 4.3Guarantees of origin and hydrogen certification
  4. 4.4European Hydrogen Bank and auctions
  5. 4.5Hydrogen IPCEI projects
  6. 4.6PERTE funds and national calls
  7. 4.7Contracts for difference and fixed premiums
  8. 4.8EU Taxonomy and sustainable finance
  9. 4.9Emissions trading market and the CO2 price
  10. 4.10Practical exercise: eligibility analysis for a funding call
  1. 5.1Risk matrix for hydrogen projects
  2. 5.2Technology and scale-up risk
  3. 5.3Demand and counterparty risk
  4. 5.4Electricity price volatility and hedging
  5. 5.5Construction and operation insurance
  6. 5.6Infrastructure investors and venture capital
  7. 5.7ESG criteria in investment decisions
  8. 5.8Valuation of hydrogen sector companies
  9. 5.9Risk mitigation through contracts
  10. 5.10Case study: comparison of two green ammonia projects
  1. 6.1Technical description of the selected project
  2. 6.2Cost and revenue assumptions
  3. 6.3Building the financial model
  4. 6.4Proposed financing structure
  5. 6.5Risk and sensitivity analysis
  6. 6.6Subsidy and certification strategy
  7. 6.7Feasibility conclusions
  8. 6.8Executive summary for investors
  9. 6.9Report and presentation
  10. 6.10Final project: final review with the tutor
Methodology, software & labs

How you'll learn

100% online training on the SEIUM campus, with downloadable materials, recorded classes and an assigned technical tutor. There are no fixed timetables: you progress at your own pace within the intake, so you can combine it with work.

Each module combines theory, guided reading of the original regulations and applied exercises. The working software is Microsoft Excel, HOMER Pro, H2A Production Model (NREL), Python with numpy-financial and @RISK, in free, academic or evaluation versions. Exercises are based on real procedures: financial modelling of an electrolysis plant, assessment of a public funding application and sensitivity analysis of the electricity price. Assessment is continuous by module plus the final integrating project.

Standards covered: Directive (EU) 2023/2413 (RED III), Delegated Regulation (EU) 2023/1184, Regulation (EU) 2020/852, Delegated Regulation (EU) 2023/1185, Directive (EU) 2024/1788, ISO/TS 19870, Directive 2003/87/EC.

Assigned technical tutor:every module ends with a deliverable that your tutor marks individually.
Standards-based learning:guided reading of Directive (EU) 2023/2413 (RED III), Delegated Regulation (EU) 2023/1184 and the EU Taxonomy Regulation applied to real cases, not as a theoretical annex.
Industry software:Microsoft Excel, HOMER Pro, H2A Production Model (NREL), Python with numpy-financial, @RISK, in free, academic or evaluation versions.
Final project:a hydrogen project financing case, with a financial model, financing structure, risk analysis and an executive summary for investors, reviewed by your tutor.
Flexible format:100% online, no fixed timetables, compatible with full-time work.
Capstone project

Build it end to end

Your final project follows the real engineering workflow, step by step, reviewed by your tutor.

Project and assumptions
Describe the selected project and set its cost and revenue assumptions.
Financial model
Build the financial model and calculate LCOH, NPV and IRR.
Financing structure
Propose the debt and equity structure with coverage ratios.
Risks, subsidies and certification
Analyse risks and sensitivities and define the subsidy and certification strategy.
Final project
Present feasibility conclusions and an executive summary for investors, reviewed by your tutor.
Career opportunities

Where this takes you

Energy project financial analystHydrogen investment managerProject finance consultantBusiness development managerEnergy grants and subsidies officerInfrastructure risk analyst
Admissions & scholarships

Requirements

  • No prior qualification is required.
  • Internet connection and a computer capable of running the programme software.
  • English sufficient to read technical standards.

Ready to start?

Send your application today. Our admissions team replies within 72 hours with your study plan and funding options.

FAQ

Frequently asked questions

The programme totals 300 hours over 3 months. You set your own pace within each intake, and your tutor helps you plan the workload around your job.

You work with Microsoft Excel, HOMER Pro, H2A Production Model (NREL), Python with numpy-financial, @RISK, using free, academic or evaluation versions. Your tutor indicates the free alternative wherever one exists.

A SEIUM Institute certificate, awarded on passing the continuous assessment and the final project. It is SEIUM's own qualification, not an official state degree; its recognition depends on the programme completed and the regulations of each country.

Yes. Modules passed are recognised in a higher programme in the same area (postgraduate diploma or master's). Ask about the recognition policy when you enrol.

No prior qualification is required: you need a computer able to run the programme software and English sufficient to read technical standards.

Start dates are set by SEIUM's faculty for each intake. Our admissions team will confirm the next available date when you apply.

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