ROUTE TO MARKET UNDER FIT CFD Sample Clauses

ROUTE TO MARKET UNDER FIT CFD. The final objective of this paper is to assess whether independents will have a viable route to market with the introduction of the CfD. This objective has been approached by examining the requirements for a PPA for a generator under the CfD and the how the availability of PPAs might change when CfDs are implemented, with specific questions set out in Table 18 below: Table 18: Evolution of Route to Market (RtM) under CfDs - framework of analysis Requirement for a PPA How does a CfD change the risks that a generator is required to manage? Given this bundle of project risks, will independent generators using limited recourse finance still require a 15 year PPA? If so, what will that PPA look like? Availability of PPAs To the extent that a long term PPA is still required:  Will the availability of a CfD to generators remove some of the issues identified in the present market in relation to the availability of long term PPAs?  Are there any residual issues that are likely to persist that will materially affect the availability of long term PPAs at reasonable terms to generators?
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