New-to-earth asset: Difference between revisions

Revision as of 15:54, 23 June 2021

Sustainability - renewables - electricity - power purchase agreements.

In this context, a new-to-earth asset is an asset for green electricity generation that has not yet been built.

Contrasted with an Existing asset.

In simple terms, striking a power purchase agreement (PPA) in relation to a new-to-earth asset is likely to:

Be more expensive, because set up and installation costs will not yet have been covered, but
Be considered more "green", because new green capacity is added to the power network.
Be longer term than an existing asset PPA, and
Provide greater scope for a buyer to secure prices for a correspondingly longer time period.

In this context, new to earth assets are sometimes known as New build assets.

@@ Line 1: / Line 1: @@
 ''Sustainability - renewables - electricity - power purchase agreements.''
-In this context, a new to earth asset is an asset for green electricity generation that has not yet been built.
+In this context, a new-to-earth asset is an asset for green electricity generation that has not yet been built.
 Contrasted with an Existing asset.
-In simple terms, striking a power purchase agreement (PPA) in relation to a New to earth asset is likely to:
+In simple terms, striking a power purchase agreement (PPA) in relation to a new-to-earth asset is likely to:
 *Be more expensive, because set up and installation costs will not yet have been covered, but
 *Be considered more "green", because new green capacity is added to the power network.