Sep 17, 2013

Clean energy providers bypassing the big power retailers

Pacific Hydro's wind farm will be financed without a big power retailer involved. Is this the future or just a last hurrah for the Clean Energy Finance Corporation?

clean energy

Pacific Hydro announced last week it will construct the 47 megawatts final stage of the Portland Wind Project. The size of the wind farm is nothing exceptional, but the way it is commercially structured is: this wind farm is one of very few constructed without a major energy retailer involved either as the owner, or as a 10-year-plus purchaser of the output.

Generally wind farms are developed with energy retailers involved. That’s because they substantially reduce the risk of the project by providing a fixed price for output, bypassing wholesale electricity and renewable energy certificate markets which can be extremely volatile.

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One thought on “Clean energy providers bypassing the big power retailers

  1. malcontent

    The Coalition government and most states are bent on keeping energy from coal and gas reigning supreme for as long as possible. So they push the ridiculous idea that wind power is more dangerous to health than coal or gas.

    They will fight clean energy long after clean power has established that it is cheaper than power from fossil fuels.

    Watch this space. Next will come a theory that solar is also very dangerous to health.

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