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The future arrives for renewables

The emerging market in renewable energy futures is expected to lower the cost of financing renewables and smooth out the volatility often encountered when running intermittent renewable resources, such as wind and solar. Catherine Lacoursière investigates

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

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