View source for Operational asset

''Sustainability - renewables - electricity - power purchase agreements.''

In this context, an operational asset is one that has already been built, and is already generating renewable electricity.

Contrasted with a New build.


In simple terms, striking a power purchase agreement in relation to an operational asset is likely to be:
*Less expensive, because set up an installation costs may already be covered, but
*Considered less "green", because no new green capacity is added to the power network.


In this context, operational assets are sometimes known as Existing assets.


== See also ==
* [[Additionality]]
* [[Asset finance]]
* [[Corporate finance]]
* [[Distribution]]
* [[Gas purchase agreement]]
* [[Green]]
* [[Infrastructure]]
* [[Integrated water and power plant]]
* [[New build]]
* [[New-to-earth asset]]
* [[Offtaker]]
* [[Plant]]
* [[Power purchase agreement]]
* [[Project finance]]
* [[Recourse]]
* [[REGO]]
* [[Renewables]]
* [[Sleeving]]
* [[Solar CSP]]
* [[Solar PV]]
* [[Sustainability]]
* [[Transmission]]
* [[Transmission and Distribution]]
* [[Virtual PPA]]


==External link==
[https://assets.crowncommercial.gov.uk/wp-content/uploads/Power-Purchase-Agreements-PPA-An-Introduction-to-PPAs.pdf Introduction to Power Purchase Agreements - UK Crown Commercial Service]

[[Category:Accounting,_tax_and_regulation]]
[[Category:The_business_context]]