New build: Difference between revisions
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imported>Doug Williamson (Create page. Source: CCS https://assets.crowncommercial.gov.uk/wp-content/uploads/Power-Purchase-Agreements-PPA-An-Introduction-to-PPAs.pdf) |
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* [[Corporate finance]] | * [[Corporate finance]] | ||
* [[Distribution]] | * [[Distribution]] | ||
* [[Existing asset]] | |||
* [[Gas purchase agreement]] | * [[Gas purchase agreement]] | ||
* [[Green]] | * [[Green]] | ||
* [[Infrastructure]] | * [[Infrastructure]] | ||
* [[Integrated water and power plant]] | * [[Integrated water and power plant]] | ||
* [[New-to-earth asset]] | * [[New-to-earth asset]] | ||
* [[Offtaker]] | * [[Offtaker]] | ||
Revision as of 02:05, 15 June 2021
Sustainability - renewables - electricity - power purchase agreements.
In this context, a new build 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 build asset is likely to:
- Be more expensive, because set up and installation costs will not yet have been covered, but
- 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 build assets are sometimes known as New to earth assets.
See also
- Additionality
- Asset finance
- Corporate finance
- Distribution
- Existing asset
- Gas purchase agreement
- Green
- Infrastructure
- Integrated water and power plant
- 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
Introduction to Power Purchase Agreements - UK Crown Commercial Service
