Revenue Generation Model

INPUT
  • Natural gas piped to site via fixed gas connection from the GB national (gas) grid
PROCESS
  • Electricity generation:
    Gas fuels reciprocating engines, which generate electricity
OUTPUT
  • Electricity export:
    Electricity exported via fixed electricity connection to the GB national (electricity) grid
REVENUE GENERATION
  • Offtake partner trades and purchases electricity from MED under a long-term PPA agreement*

* PPA offtake is based on a long-term contract (c. 7–15 years) with Statkraft. MED’s expected target gross profit margin is 30%.