Renewable Power Purchase Agreement - Vertis · 2019. 8. 12. · It's on demand: Renewable...

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Renewable Power Purchase Agreement

Transcript of Renewable Power Purchase Agreement - Vertis · 2019. 8. 12. · It's on demand: Renewable...

Page 1: Renewable Power Purchase Agreement - Vertis · 2019. 8. 12. · It's on demand: Renewable Power-Purchase Agreements increased by 3100% between 2012-2015.-American Council on Renewable

RenewablePower Purchase Agreement

Page 2: Renewable Power Purchase Agreement - Vertis · 2019. 8. 12. · It's on demand: Renewable Power-Purchase Agreements increased by 3100% between 2012-2015.-American Council on Renewable

Renewable power leads to business competitiveness

From 2014-2015 Goldman Sachs jumped from 14% renewableelectricity to 86%, H&M increasedfrom 27% to 78%.

-RE100

General motors is saving $5m annually by using renewable energy, and it expects savings to increase.

-American Council on Renewable Energy

It's on demand: Renewable Power-Purchase Agreements increased by 3100% between 2012-2015.

-American Council on Renewable Energy

We're a data-driven company. The science of climate change tells us that building a carbon-free electrical grid is an urgent global priority.

-Gary Demasi, Google

Page 3: Renewable Power Purchase Agreement - Vertis · 2019. 8. 12. · It's on demand: Renewable Power-Purchase Agreements increased by 3100% between 2012-2015.-American Council on Renewable

A Power Purchase Agreement (PPA) is a long-term energy procurement contract directly with the generating entity.

At Vertis we focus on “Renewable PPAs”,meaning those where the generating entity is a renewable power plant.

What is a PPA?

Most competitive energy price available

Protect yourself from volatile CO2 and power prices

Your contract is safe against unilateral cancellation

Take control of your energy supply chain

Reduce your indirect GHG emissions

Make a lasting difference by backing the creation of a new renewable power plant

BENEFITS OF RENEWABLE PPAs

Page 4: Renewable Power Purchase Agreement - Vertis · 2019. 8. 12. · It's on demand: Renewable Power-Purchase Agreements increased by 3100% between 2012-2015.-American Council on Renewable

You can choose from basictypes of arrangementsSleeved PPA

PPA contract with a generator which will bring energy (MWh) and certificates (GOs). These are in turn sleeved by a utility appointed to physically deliver the energy and other services required to the buyer.

Virtual PPA

PPA is a financial contract which brings GOs to the buyer but no physical delivery of energy, which is handled by pre-existing contractual arrangements with the utility. The PPA results in the same economic effect by virtue of transferring the net increase/decrease of €/MWh which may occur in the physical contract with the utility, to the financial contract with the generator –thus the PPA typically takes the structure of a Contract for Difference (CFD D).

GENERATOR

MWh + GOs MWh + GOs

€ Sleeving fee

€ PPA

UTILITY BUYER

MWh MWh

€€

€ GOs +/- € CFD

GOs

GENERATOR UTILITY BUYER

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Our team’s expertise

Ferran Rius PortaHead Renewable Energy at Vertis Environmental Finance

Comprehensive renewable energy tenders

Understanding intimately power generators and power markets

Experience on Renewable PPA deals with utilities, industrials and mining companies

Understanding the anatomy and risks of the deals

Solid experience in Renewable energyproject finance

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What you get with Vertis

Key figures Membership and awards

your interest first

We are a neutral deal facilitator, independent to generators

We will tender on your behalf to all qualified suppliers in the market

20m tonnes CO2

emissions reduced

Over 800 power and industrial clients

300 aircraftoperators served

1 billion euros turnover last year

4 officesin Europe

13 languagesspoken

We will deal with the generators, in their own language, so that you get the most out of the deal and can focus on your business

You can tailor our service to suit your needs

best value

peace of mind

flexibility