Examination Board Class 12

Donnybrook. In M. Jones Ed. , Encyclopedia of terminologies 2nd ed. Stansbury University.


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This compensation design reduces the price risk for the producer as its total revenue per unit will very closely match the strike price regardless of the fluctuation of the power market price. The competitive allocation process of the CfD awards support for projects with the best bids organized in rounds, and that induces new producers to compete for support and submit low bids in order to secure them being awarded. These features provide a win win for producers lower risk and customers lower prices due to bidding competition that eventually pay for the support scheme. First, in the competitive allocation process three bidding categories of producers bid for a part of the subsidy budget previously set by DECC: 1 established technologies eg. waste, hydro, biogas, solar PV, onshore wind, 2 less established technologies eg. offshore wind, geothermal, tidal and wave and 3 biomass conversion. By technologies not competing directly across categories and one single budget, there might be cases of inefficiency where a more costly project gets awarded where a less costly will not. As less developed projects tend to be more costly, the current allocation favors these, but eventually might lead to higher costs overall. In CMAs view a technology neutral competitive auction should be the starting point, and deviation might be in the public interest but must be sufficiently reasoned. CMA proposed soft remedy: recommending DECC to conduct and publish rigorous analysis to justify and monitor the way bidding categories are formed and the subsidy budget is allocated between bidding categories. This will lead in CMAs view to more transparent and effective decision making on the part of DECC and more information for project developers on how the subsidy scheme is managed and how technologies can compete.



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So what did she do?In her one minded focus to get to the other side, she stuck her head through the fence to get the prize. Then because she did not think things through or look to the side or right in front of her she got stuck. She has a little set of horns you see. And when you stick your head through a wire fence they go through with ease. Not the same when you want to get back out. Say to get a drink of water another essential in life.

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