Publicação
Market risk exposure inonshore wind in Germany- a potential model for hedging: Company X-onshore wind in Germany: a market entry strategy
| authorProfile.email | miguelamaral2002z@gmail.com | |
| datacite.subject.fos | Ciências Sociais::Economia e Gestão | |
| dc.contributor.advisor | Habib, Nadim | |
| dc.contributor.author | Amaral, Miguel Viana Baptista | |
| dc.date.accessioned | 2026-06-09T10:12:37Z | |
| dc.date.available | 2026-06-09T10:12:37Z | |
| dc.date.issued | 2025-06-17 | |
| dc.date.submitted | 2025-06-02 | |
| dc.description.abstract | This work project aims to analyse the financial merits of eight different price-risk hedging strategies for onshore wind farms, including sector-specific strategies together with traditional financial approaches. The methodology relies on a financial model developed through extensive secondary research and expert interviews, after which project and equity returns are compared. Findings reveal that Power Purchase Agreements best mitigate price risk, yet the recent market downturn for this support scheme across Germany yields lower project returns. To ensure a strong risk-return profile, firms should leverage Germany’s existing support scheme of Feed-In-Premiums, locking in a floor selling price while preserving upside potential. | eng |
| dc.identifier.tid | 204131383 | |
| dc.identifier.uri | http://hdl.handle.net/10362/203710 | |
| dc.language.iso | eng | |
| dc.relation | UID/ECO/00124/2013 | |
| dc.rights.uri | http://creativecommons.org/licenses/by/4.0/ | |
| dc.subject | Renewable energy | |
| dc.subject | Onshore wind | |
| dc.subject | Risk | |
| dc.subject | Hedging | |
| dc.subject | Germany | |
| dc.subject | CEMS MIM | |
| dc.title | Market risk exposure inonshore wind in Germany- a potential model for hedging: Company X-onshore wind in Germany: a market entry strategy | eng |
| dc.type | master thesis | |
| dspace.entity.type | Publication | |
| thesis.degree.name | A Work Project presented as part of the requirements for the Award of a Master’s Degree in Finance from the Nova School of Business and Economics |