Offshore Wind Economics Under EMR: Quantifying the Risks

Wed May 21 16:24:00 EDT 2014
By Daniel Radov, et al.

NERA Associate Director Daniel Radov and former Associate Director Dr. Mauricio Bermudez-Neubauer were invited to present "Offshore Wind Economics Under EMR: Quantifying the Risks" at All-Energy 2014 in Aberdeen, Scotland on 21 May. Their presentation builds on a study on the cost of capital for renewable energies that NERA produced for the UK's Department of Energy and Climate Change in December 2013 and published alongside the government's Electricity Market Reform (EMR) Delivery Plan. Under EMR, support for offshore wind and other renewables in the Great Britain market is changing, transforming the risk landscape for investors. Developers, owner-operators, and investors in wind assets who understand and quantify these risk factors can maximize the value realized from their investments.