Schlagwort: corporate

RE-Source 2023 marks 7.8 GW PPA record but industry urges for barriers to be removed to reach EU net zero objectives

EcofinConcept wind and solar energy

To maximise PPA market potential, energy buyers call on policymakers to use the EU’s Electricity Market Design (EMD) to rapidly remove persisting regulatory barriers to PPAs and deliver the certainty needed to support European businesses’ net zero and energy security goals

European Commission endorses corporate renewable PPAs as part of the answer to surging energy prices

The European Commission toolbox names PPAs as an important instrument to protect European businesses from volatile market developments. PPAs are typically signed over long periods, guaranteeing corporate consumers a fixed electricity price and hedging against market risks.

Mercedes-Benz deal to buy wind power is first PPA in Germany

The PPA will help keep the six wind farms running when they come off the Feed-in-Tariff in 2021