NWC and New build: Difference between pages
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''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 == | == See also == | ||
* [[ | * [[Additionality]] | ||
* [[ | * [[Asset finance]] | ||
* [[Corporate finance]] | |||
* [[Distribution]] | |||
* [[Existing asset]] | |||
* [[Gas purchase agreement]] | |||
* [[Green]] | |||
* [[Infrastructure]] | |||
* [[Integrated water and power plant]] | |||
* [[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]] |
Latest revision as of 15:56, 23 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
- 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