Operational asset and Risk register: Difference between pages

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imported>Doug Williamson
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''Sustainability - renewables - electricity - power purchase agreements.''
''Risk management''. 


In this context, an operational asset is one that has already been built, and is already generating renewable electricity.
A table or other appropriate structure used to facilitate the description and assessment of risks.  


Contrasted with a New build.
The use of a well designed structure is necessary to ensure a comprehensive assessment process.  


Strategy/objectives should also feature to identify function responsible for developing strategy and policy.


In simple terms, striking a power purchase agreement in relation to an operational asset is likely to be:
By considering the consequence and probability of each of the risks,it should be possible to prioritise the key risks that need to be analysed in more detail.  
*Less expensive, because set up and 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 ==
== See also ==
* [[Additionality]]
* [[Risk appetite]]
* [[Asset finance]]
* [[Guide to risk management]]
* [[Corporate finance]]
* [[Risk tolerance]]
* [[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==
== Other links ==
[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]
[http://www.workinginuncertainty.co.uk/ Working In Uncertainty - A better perspective on risk management and internal control], www.workinginuncertainty.co.uk


[[Category:Accounting,_tax_and_regulation]]
[[Category:Manage_risks]]
[[Category:The_business_context]]
[[Category:Risk_frameworks]]
[[Category:Risk_reporting]]

Revision as of 14:29, 5 November 2014

Risk management.

A table or other appropriate structure used to facilitate the description and assessment of risks.

The use of a well designed structure is necessary to ensure a comprehensive assessment process.

Strategy/objectives should also feature to identify function responsible for developing strategy and policy.

By considering the consequence and probability of each of the risks,it should be possible to prioritise the key risks that need to be analysed in more detail.


See also


Other links

Working In Uncertainty - A better perspective on risk management and internal control, www.workinginuncertainty.co.uk

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