The future arrives for renewables

The launch of the world's first wind futures by the US Futures Exchange (USFE) in August this year is likely to be just the first in a steady stream of renewable energy futures and related derivatives planned to enter the energy risk management portfolio over the next few years.Renewable energy projects take on a higher level of risk than conventional power plants and are typically financed on balance sheet, providing a higher incentive to manage these risks. In the current boom years for wi