Report
May 7, 2013
The Importance of Long-Term Contracting for Facilitating Renewable Energy Project Development
Published by The Brattle Group, Inc.
Ridgeline Energy LLC (“Ridgeline”), a wholly owned indirect subsidiary of Atlantic Power Corporation, asked The Brattle Group to consider the extent to which long-term contracting can help facilitate the financing and construction of renewable energy projects. In particular, Brattle was asked to examine the potential effect of long-term contracting on the development of renewable energy generation facilities in the State of New York.
The evidence shows that for the past several years the vast majority of power plants have been built either by vertically integrated utilities or with the support of long-term contracts. This is even more the case for renewable energy projects.
