The decision of SSE Generation Ltd v Hochtief & Other [2015] CSOH 92 was a timely reminder that parties may not fully appreciate how contractual provisions, such as indemnity and insurance, can substantially impact
the commercial viability of a project.
With
the commercial viability of the project seriously in doubt and the federal government's promised legislated tanker ban waiting in the wings, it does feel like this parrot may be on its last legs.
«On a day - to - day basis individuals can affect
the commercial viability of a project.
Not exact matches
Renewable technology company Bombora Wave Power says an independent study has confirmed the
viability of its first
commercial project, a 60 - megawatt wave farm in Portugal, which it says will cost $ 180 million to develop.
We've been skeptical
of many that have popped up so far — a lot have been very immature
projects without a lot
of traction or
commercial viability behind them.
None
of these
projects have advanced to the point
of commercial viability, but a company called Lumin Sensors plans to test the arsenic detector, built by a team from the University
of Edinburgh, for use in India.
Research has shown that these subsidies also negatively impact the
commercial viability of renewable energy
projects.
In October 2011, a # 1 billion CCS
project in Longannet, Scotland, was cancelled due to lack
of commercial viability.
Furthermore, the analysis raises questions about the economic
viability of many fracking
projects, stating, «Despite impressive production growth, it is not yet clear that these plays are
commercial at current prices because
of the high capital cost
of land and drilling and completion.
This
project has been facilitated through the Federal Government's legislated Mandatory Renewable Energy Target, enhancing the
viability of developing
commercial wind farms.