by Rober C. Means, LL.B., S.J.D.1
The nascent green power market faces a
constraint: customers will sign only short-term
purchase contracts, yet renewable energy project
developers require long-term purchase
commitments to obtain financing. This paper
concludes that green power “price insurance”
can address this asymmetry, offering great
potential to stimulate a market at a low and
acceptable level of financial risk.
For a copy of the proposal, contact the Renewable Energy Alliance (REA) at
http://www.realliance.org/insurance/index.html