THE REVENUE STREAM MECHANISM
16
Consumers
Intermediary Body
Suppliers
Project Co
Supply
Charges
Allowed Revenue
minus expected
market
revenues
Difference Price
Reimbursement
Allowed
Revenue
Supply
Charges
Difference Price
Reimbursement
Allowed Revenue
minus market
revenues
Allowed
Revenue
Difference Price
Reimbursement
Regulator
License
Sets and adjusts
Allowed Revenue (no
fixed "strike price")
Key
Construction period cash flows
Operations period cash flows
Operations period potential cash flows
ROUTE TO MARKET
Capacity
Market
Electricity
Wholesale
Market