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I guess that makes more sense. It's more an act of corporate goodwill on their part, helping to build a certain level of renewable energy.
by strictnein 9y ago
I guess that makes more sense. It's more an act of corporate goodwill on their part, helping to build a certain level of renewable energy.
- tedsanders 9y agoPartly. But it's also an act of risk hedging. By locking in prices for 20 years, the buyer is insulated from rising prices and the generator is insulated from falling prices.