Free or not so free
It seems more and more sensible that the Danish green certificate market does not start until 2003, if for no other reason than there are not enough turbines -- and therefore not enough green certificates -- on the market in 2002 to form the basis for realistic certificate pricing. In the eyes of the wind industry, wind turbine owners, and future investors, it is realistic and credible pricing that will be the deciding factor for whether or not the Danish model is creditworthy.
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