More and more companies in industry and commerce are looking for long-term ways to hedge against rising electricity prices. At the same time, they also want to meet the industry's set sustainability goals. In addition, the cost of electricity from solar and wind farms is falling. As a result, green Power Purchase Agreements, or PPAs for short, are moving further into focus as another pillar of a successful energy transition. The potential of green PPAs is undisputed, but the challenges are manifold: high demand for information in industry and commerce, distribution of risk between suppliers and buyers, ever-increasing land requirements for projects, trade-offs between PPAs and EEG compensation.
But what other opportunities and challenges do PPAs bring to the energy industry? And who can particularly benefit from them, is it only large corporations or also smaller companies as well as municipal utilities? Annkathrin Rabe, Origination Central Europe at Statkraft, reveals this and more.
Published: April 28, 2022
Statkraft is an international leader in hydropower and Europe's largest producer of renewable energy. The group generates electricity from biomass, hydro, wind, solar and gas, supplies district heating and is a major player in energy trading worldwide. Statkraft employs 4,800 people in 19 countries.
Annkathrin Rabe keeps abreast of the latest developments in green power solutions, especially for industrial companies. She combines her Master in Public Policy and Energy Policy with hands-on experience as a market analyst and originator.