Bettergy offers companies a complete energy consulting service, management of consumption and costs of production processes, acting as a communication link with the Electric System.
Within this advice, we not only advise on the purchase at a fixed price, but we are also acting:
A PPA, acronym for Power Purchase Agreement (in Spanish, power purchase agreement), is a contract between two parties, one of which generates electricity (the seller) and the other of which intends to buy electricity (the buyer).
The contract or PPA defines all the terms of the sale of electricity between the parties, including when its operation will begin, deadlines for the delivery of electricity, penalties for non-compliance, terms of payment and termination of the contract.
At a global level, there are successful cases of PPA for 20 or 25 years, however, in Spain, the proposals that are being made fix the duration of the contracts between 5 and 10 years at most.
There are different types of PPAs on the market, mainly Physical and Financial.
This indirect PPA is usually formalized in the electricity sector, when a developer carries out a generation facility with renewable energies in the most appropriate place and discharges that electricity produced into the national electricity grid. In this case, the seller and the buyer formalize a contract on the rights of the electricity generated, the buyer obtaining a cheaper price than the usual market and the generator a stable electricity sale price that gives the project profitability.
Bettergy helps energy distribution or trading companies to structure the achievement of PPAs in different stages of development or even “Ready to build”, in charge of promoters with extensive experience, solidity and the ability to close firm agreements.
PPAs will play an important role in the electricity market, from Bettergy, we can help you in the following way:
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This post is also available in: Spanish