The global renewable electricity generation capacity is growing with an unprecedented speed. Half of the growth in the power production across the globe is coming from renewables, led by wind, solar PV, and hydropower. Within the next 5 years the share of renewable technologies meeting global energy demand will reach 30% of the total world electricity generation.
There are many companies that have a commitment to become 100% green. Corporate Power Purchase Agreement (CPPA) would be the instrument to source the renewable energy. The corporate PPA market offers an avenue to hedge wholesale price risk and secure long-term revenue visibility and price certainty. The CPPA market already took off in the US and Europe and is spreading across the globe. So there are valuable lessons to be learned.
A policy shift towards competitive pricing mechanisms drives renewables growth. Overall, continuous cost reductions are expected to make renewables more competitive with new coal and natural gas plants in an increasing number of countries.
The introduction of additional competitive auctions for long-term PPAs in key countries; and a growing private or corporate PPA market that takes advantage of wind and solar PV cost reductions, will be a very interesting instruments to further deploy renewable power projects.
Even with renewable energy technologies becoming increasingly competitive, appropriate policies and market design are critical. Governments should introduce measures to tackle policy and regulatory uncertainties as well as grid integration and financing challenges.
During this intensive and highly interactive one day hands-on course we will provide a comprehensive guidance and tips and tricks with regards to successfully negotiating and signing a bankable renewable PPA.
Professionals in a business, control or support function in the commodity and energy markets.
Corporate PPAs in today’s power markets
Common PPA structures
Volume structures and risk allocation
Risk Assessment and Allocation
Key Contract features Renewable Corporate PPA
PPA Risk Mitigation
Kasper Walet, former trader, since 1997 consultant and trainer specialised in energy and commodity markets.