Take-or-Pay vs. Availability-Based Tariffs in Power and Gas Infrastructure

Read time: ~7 min Standfirst: Two power plants can sell into the same market under contracts that look similar on the surface, a fixed capacity, a negotiated tariff, and still carry entirely different revenue risk, depending on one clause: whether the offtaker pays for capacity made available, or only for energy actually delivered and consumed. … Continue reading Take-or-Pay vs. Availability-Based Tariffs in Power and Gas Infrastructure