Merchant risk for wind and solar projects: towards a revenue-weighted energy yield
Wind and solar farms are commonly described as intermittent generators. Unlike their conventional fossil fuel counterparts, they cannot be switched on whenever the market price and/or demand is most suitable. This is one of the major challenges of renewable energy generators, and one of the key reasons that they needed secure, long-term support mechanisms to grow the solar and wind industry in the UK and other markets.
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