Power Market Analysis
GL Garrad Hassan helps clients understand both their short and long-term exposure to external power market influences.
As wind power has matured and the volume of projects connected to the grid has risen, there are an increasing number of geographical areas where projects experience curtailment issues. Accounting for the risk related to reduced opportunity for energy delivery, and the corresponding revenue loss, is now a critical factor in determining the value of a proposed site for project development and, as such, from the outset, forms a key element of any technical due diligence process associated with a project.
Once a project is developed, the opportunity for its extension, as well as its long-term financial viability, can be impacted by factors such as future grid limitations, decisions about how balancing is managed, and changing government policy in relation to renewable energy as part of the broader energy mix.
GL Garrad Hassan offers a range of services in relation to power market analysis to suit all stages of the project and is experienced at helping investors, developers and owner operators make smart decisions that take into account both current and future external market influences.