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When examining and judging energy prepay unit issuance you have to have regard to the rate, and the likelihood, of a flow of energy over time.

This implies what I have heard described as 'confidence accounting'. ie the probability that a particular flow will be achieved.

Over its design life, a wind turbine will produce a 'pool' of energy production, and part of that will be shared with landlords/communities/maintenance contractors.

The balance is then available to be 'unitised' into prepay electricity units which may - if the electricity sale price is adequate - be sold forward to fund the turbine.

The process of project assessment will be similar to that which Jerome probably makes every day of the week using conventional finance capital.

"The future is already here -- it's just not very evenly distributed" William Gibson

by ChrisCook (cojockathotmaildotcom) on Sat Sep 7th, 2013 at 04:38:16 AM EST
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