Investing In A Chance: Capital Or Revenue Expenditure
TrustPower generates about one-half of the electricity it sells and buys the rest. To maintain flexibility it has developed a ‘pipeline’ of generation projects, which it refers to as ‘the development pipeline’.
The pipeline comprises a number of possible wind or hydro generation projects at various stages of feasibility assessment.
There are always more projects than could be constructed or are needed, but TrustPower considers the pipeline essential for providing information on which it can assess the relative merits of whether to ‘build’ or to ‘buy’.