Business
Game-changing “virtual storage” deal struck between Macquarie, Shell and Hydro Tas – RenewEconomy
A “virtual storage” contract between Hydro Tasmania and two buyers – Macquarie Group and Shell-owned ERM Power – heralds the arrival of game-changing digital energy…
An innovative financial instrument for the buying and selling of stored renewable energy has had its debut in Australia via a virtual storage” electricity swap contract between Hydro Tasmania and two buyers Macquarie Group and Shell-owned ERM Power.
The game-changing moment was announced on Wednesday by Renewable Energy Hub, the Melbourne-based company that has been working with the backing of the Australian Renewable Energy Agency to develop a suite of innovative, standardised, hedge contracts…
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