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by HPsquared
1746 days ago
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I suppose they could also just sell the electricity futures first, then build the plant, then buy gas as needed. That'd put them at risk of gas prices fluctuating though, might turn off investors. I assume a random person can't just sell 10 years of electricity futures without some kind of collateral. |
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Maybe they run the negotiations in parallel, so they can kind of use one set of futures as collateral for the other?