Neas aims magic wand at huge wind project to significantly reduce risk
Danish energy trading specialists have found a seemingly undiscovered structure in the Nordic electricity market and will use it to cover risk on the largest corporate-based PPA in the world to date. Neas hopes that the "new and advanced balancing and hedging structure" can reduce risk for other wind turbine owners and secure the company solid footing in blossoming financial markets.
It is not in the power of humankind to control the wind or the sun. But perhaps Denmark's Neas has found a solution to at least mimic such a feat. The Danish trader has recently developed a structure which seems nothing short of magical.
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