Danish energy trading specialists have found a seemingly undiscovered structure in the Nordic electricity market and will use it to cover risk on the largest corporate-based PPA in the world to date. Neas hopes that the "new and advanced balancing and hedging structure" can reduce risk for other wind turbine owners and secure the company solid footing in blossoming financial markets.
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The stage is set for a showdown with the member nations, particularly when it comes to the renewable energy directive, after the EU Parliament has today voted for a 35 percent target in 2030 and an equivalent target for energy efficiency.