Power Hedges and How They are Being Used in Place of Power Contracts
While long-term power purchase agreements are still available in many markets, renewable energy projects are looking increasingly to hedges as a tool for securing revenue from the energy they produce. In certain market, such as the Electric Reliability Council of Texas, hedges are the rule rather than the exception. However, hedges are not the same as power purchase agreements. They present risks to the project owner and lenders that are all but absorbed by the utility offtaker in a PPA. In this webinar, the panel will discuss the differences between PPAs and hedges, the risks held by the project owner in a hedge structure and how these risks are addressed when financing a project.
The panel will address the following topics:
- What is a hedge?
- What are the key differences between a hedge and a PPA?
- How do differences in credit requirements, scheduling, physical delivery, quantity and term affect the project owner?
- Which contractual instruments are used in a hedge and what are some of the key terms of those instruments?
- What are the key issues in financing a project with output that is hedged rather than contracted?
Please join us for an enlightening discussion by some of the most distinguished legal and analytical experts in the field.
Paul Kaufman, Partner, Chadbourne & Parke LLP
Evelyn Lim, Partner, Chadbourne & Parke LLP
Tim Belden, Founder, Energy GPS (invited)
Single Connection: $99.00
Additional Connection at the same Organization: $50.00
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CANCELLATION, REFUNDS & CREDITS
Should you be unable to attend, a refund, less a $50 administrative charge, will be made for cancellations received via letter or fax at least 3 working days before the event. We regret cancellations will not be accepted after that date. However, we will be pleased to transfer your registration to another member of your company or credit the registration fee to another Infocast conference if you register within 6 months from the date of this conference. In the event the conference is canceled, Infocast’s liability is limited to the refund of the conference registration fee only.