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Stuart Penson
Verified
Editor, Hydrogen Economist
London
Beats
crime human interest.Social affairs general news
non-fiction
Content
By Stuart Penson Verified| PE Media Network Verified Substantial private sector finance needed to back a rapid scale-up of low-carbon flexibility technologies as UK decarbonises its energy system The UK leads the world in offshore wind, and the sector notched up another success late last year when its largest project, Dogger Bank off northeast England, secured its final tranche of financing with nearly £3bn ($3.98bn) of senior debt and ancillary facilities from 28 banks.
By Stuart Penson Verified| PE Media Network Verified Volatility challenges long-term PPA models, while corporate market grows with rise of mega-buyers such as Amazon Price volatility in European energy markets is driving a shift away from long-term power purchase agreements (PPA) to shorter-term offtake deals for renewable assets, according to software and PPA advisory company Pexapark. Annualised volatilities in European front-year traded energy contracts, a key driver in PPA pricing, reached 250pc last year—five times the level of usual spikes.
By Stuart Penson Verified| PE Media Network Verified Substantial private sector finance needed to back a rapid scale-up of low-carbon flexibility technologies as UK decarbonises its energy system The UK leads the world in offshore wind, and the sector notched up another success late last year when its largest project, Dogger Bank off northeast England, secured its final tranche of financing with nearly £3bn ($3.98bn) of senior debt and ancillary facilities from 28 banks.
Company Info
Hydrogen Economist
England, United Kingdom
+44 20 3409 2240