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12 Dec 2023: rates – the critical variable being the difference between average and marginal curtailment rates. ... Note in Table 2 our financing structure is assumed to be split into two facilities, a 5-year Bullet (Term Loan ‘B’) and a 7-year Amortising (Term

12 Dec 2023: and Jørnsten, 2001; van der Weijde and Hobbs, 2011; Holmberg et al., 2023). ... Project financing is assumed to be split into two tranches, a 5-year Bullet (Term Loan ‘B’) and an Amortising (Term Loan ‘A’) facility.

11 Dec 2023: Section 3 outlines REZ pricing principles. Section 4 introduces our data and models. ... see Oggioni et al, 2014; Eicke et al, 2020; Höfer and Madlener, 2021).

11 Dec 2023: Node A houses an aging coal plant, while Node B has possible CCGT and OCGT plant options (dashed line series). ... ExitGas with gas generation at Node B, and ii) ExitREZ. The first point to note in relation to the Coal Exit case is that the reliability

11 Dec 2023: j, jj J Set of all generators and pump storage units in the model; j J(f) – subset of all thermal generation units; j J(s) – subset of all hydro pumped ... hour. Hydro Pumped Storage. SEj Efficiency of charging a storage unit j J(s) %. Kj Maximum