policy

2 pieces

The regulatory risk just changed sign, and most models are priced for the old one

Until the summer the risk was that Europe would not loosen the RFNBO rules. Since mid-September it is the opposite: that loosening them takes the demand mandate with it. A leaked impact assessment and a letter signed by 170 companies describe the same reversal from both ends.

4 Oct 20269 min read6 sources

regulationrfnbopolicy

The RFNBO deadline that matters is not 2030. It is 1 January 2028.

Everyone quotes the hourly matching rule that starts in 2030. The date that actually decides a project's economics is two years earlier, it is a door rather than a cliff, and walking through it is worth a decade of relief.

19 Jul 202611 min read13 sources