Many industries faced uncertainty in 2020 but corporate renewable electricity went from strength to strength.
This open-source toolkit has been developed to provide information, raise awareness and ultimately help you to enter the market for corporate sourcing of renewable electricity. The tools are designed to help unlock the huge potential for corporate sourcing of renewables and make a real impact for the transition to a low carbon society.
*With the exception of the training academies provided by Pexapark
The EFET CPPA represents the first cross-country standard CPPA for Europe helping bring down transaction costs and facilitating the negotiation process between the parties involved. Before its endorsement by the EFET Legal Committee, the standard CPPA had been widely circulated across the industry and a number of lenders have confirmed its bankability.
The standard EFET CPPA allows for both physical and financial PPAs with the proven Election Sheet approach allowing for flexible tailoring of the PPA to the needs of the companies involved. The agreement is translated from English into other EU languages to ease its uptake across Europe, and will be supported by legal opinions in key jurisdictions.
The European PPA market is characterised with an estimated total utility and corporate long-term risk appetite of approximately 8-10 GW of new renewable capacity annually. PPAs are relatively complex, with numerous structures available and difficult to value. Our PPA experts will explain how to compare PPAs systematically and quantitatively.
Furthermore, to promote the rise in renewable energy investment and simplify transactions, a standardisation of PPA has been developed. The European Federation of Energy Traders (EFET) in close collaboration with Re-Source has published a standard PPA, the EFET standard Corporate Purchase Agreement (CPPA). Our PPA specialists will show how the standard can be applied for typical PPA use cases.
The following online platforms are available from third party suppliers for project matchmaking and facilitating PPA deals:
The renewable energy landscape of Europe is made up of a wide range of legislative and regulatory situations in each European country. The RE-Source Hubs are built to focus on the energy situation in different countries, bringing together relevant companies to tackle these national issues as well as bring together potential buyers and sellers of renewable energy in that country.
There are currently RE-Source Hubs in the UK, Scandinavia and Poland, with a fourth Hub under construction in Italy.