金融

金融

金融模型:概述

Jan Borchert, Current Hydro公司达纳·霍尔先生.

介绍

After considering all environmental factors related to our project site, 它的大坝和williamhil娱乐装置, we would like to focus on the presentation of the 选择ions for dam owners or hydro-site owners to sell their hydropower 和 to create a revenue stream from their hydroelectric generation. These revenue streams can be categorized into three different financial models: 所有权, 电力购买协议(PPA), 社区分布式电源(CDG). 取决于谁用了电, 谁运营网站, 谁来推销电力, how the electricity is marketed as well as other site-specifics, 水电站点所有者可以或不可以使用其中一种.

We would like to introduce the three models here 和 explain their main differences, before referring you to specific blog posts for more details. williamhil娱乐平台还准备了三个 报告下载,详细介绍了这三种模型的每个细节.

所有权模型

The 所有权 model requires a scenario where our hydro-site owner roughly uses all of the electricity that his hydro project would 生成. This model is the choice for simple customer-sited, net metered or 离网项目,甚至有可能接受NYSERDA 层 1个可再生能源学分. 对于这个模型,项目可以:

  • be developed completely off grid, with no interconnection to the distribution 实用程序.
  • be “behind-the-meter”, where the project is wired to the load on site 和 has an interconnection agreement with the 实用程序 for net metering.
  • 选择 to participate in “remote net metering” if they own multiple locations (和 electricity meters), one generating electricity 和 interconnected to the grid 和 others with load that have 实用程序 accounts under the same customer name 和 within the same distribution 实用程序 territory as the account attached to 生成源.
第一阶段NEM是根据公共服务法提供的 
(PSL)§66-j和66-I至2020年1月1日. NYPSC是
正在起草一份替代它的提案,其中可能包括
NEM的延续.

In all cases with the 所有权 model, the same entity that owns the hydro project also owns the electrical load being served.

PPA模式

Utilizing a 电力购买协议(PPA) is suitable where the hydro project is owned 和/or operated by one entity, the offtaker with load (the entity that is using the electricity) is a different entity. 的商品销售 entity purchases the energy output from the generator entity 和 the revenue from the energy sale is used to finance the construction of the project, 有时是由第三方投资者.

换句话说, if your hydro-site is physically adjacent to an entity that could use all of your electricity generation, you might be able to sell your electricity directly to this one entity using a PPA. 另外, if you own 财产 with hydropower potential, you might find a developer to build 和 operate the facility 和 to sell you the electricity output for your 财产. In either way, the owner of 生成源 和 the owner of 负载不是相同的实体. 这个模型可能:

  • be an off-grid project, which means that an interconnection agreement with the 分发效用不是必需的.
  • be able to use remote net metering if you own 财产 with microhydro potential 和 load in a separate location, but you wish for someone else to construct, own 和 operate the hydro project 和 to sell you the output.

它之所以被称为PPA,是因为它的受益者是 purchasing electricity from a separately owned generation source.

CDG模型

The 社区分布式电源(CDG) model is a program that allows the hydro-site owner to allocate energy output to other electricity customers who sign a subscription agreement. In this case the hydro-project is called “host” 和 the customers are called “subscribers”. Host 和 subscribers must be in the same 实用程序 distribution territory 和 New York Independent System Operator (NYISO) zone. 换句话说, 作为哈德逊中心的电力客户, you can only sign up for a CDG within the Central Hudson service territory, 国家电网, 等. 分别.

CDG的利益相关者的角色

 公用事业公司的工作是应用这一代 output credits on the subscriber’s electric bill, while the CDG host bills the 订户在随后的一个月申请积分.

This model works best if you hydropower potential exceeds your own on-site electricity needs 和 the project can easily be interconnected to 本地分配效用. 在CDG程序下,主机必须直接 market to 和 find retail customers, bears the risk of managing a 订阅业务,按月计费.

CDG is not a long-term contract with a single offtaker; instead, it is an arrangement where the generation output of a project is allocated to a group of subscribers who may come in 和 out of the program during its 一生. In the CDG model, the risk of not having enough subscribers to allocate generation output is born by the CDG host 和 mitigated by effective 市场营销和持续招揽新订户.

Summary

总结两者的一般区别和规定 following table compares the three models with regard to ownership, grid connection, electricity consumer, marketing efforts 和 contract duration.

Follow these links for more information about the respective models or download the Bard-NYSERDA 金融模型 Report.


金融模型报告

While shorter sections to specific topics of the financial models will be posted as blog posts, we’ve also created a detailed report for each of the three financial models as reference:


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