In this section, we discuss the concept of FEGP for RE noting in particular its effect on cost efficiency incentives for green producers.
 In addition, since the FIT program will be phased out upon attainment of FEGP, we must have (7):
(8) We now have the following definition: The RE technology has attained least-cost FEGP when when [[pi].sub.x]([alpha], c, E) = [bar.[pi].sub.X] and s([alpha], c, E) = 0.
In consideration for the transaction, Murray Energy will pay cash consideration of USD 1.395bn, and will acquire and 80% voting interest in FEGP, with a 77.5% interest in the incentive distribution rights.
Christopher Cline, the founder of Foresight Energy, will maintain a 66% voting interest in FEGP and an approximate 36% economic interest in FELP.
Cline will remain actively involved as chairman of the board of directors of FEGP and will also join the board of directors of Murray Energy.
While older airframes could be serviced by a single FEGP unit, the Boeing 787 reqt fires two, and an Airbus A380 can use up to three.
Mr Winstanley described them as: "A very good system, [I am] really impressed." He summarised the process: "We needed to upgrade our FEGP equipment to meet the 787's needs; went through a specific procurement requirement; selected units, then installed and tested them to our satisfaction in less than four months.
The only snag was that occasionally the FEGP plug might work loose and 'trip-out' the aircraft's electricity supply.
With the more reliable FEGP connection in place, the airport's environmental team began investigating with its airline customers the potential for taxiing to stand on reduced engine power.
In consideration for the transaction, Murray Energy will pay cash consideration of 1.395bn, and will acquire and 80% voting interest in FEGP
, with a 77.5% interest in the incentive distribution rights.
In addition, Murray Energy will have the ability, subject to a number of material conditions, to purchase an additional 46% of the voting interests in FEGP
for USD 25m during a five-year period.