In some instances, companies may not be able to procure a renewable energy supply on the wholesale market. In this case, renewable energy that is generated from our power plants is sold and released in a predetermined spot - usually a market hub - and the power supply to your company doesn’t entail a change of supplier.
Hence, Virtual PPAs are the ideal solution to overcome these issues.
They may also find themselves physically very distant from the actual renewable sources, which can result in hefty sleeving fees.
- Renewable power generated by Enel Green Power will be released in the primary electricity market, even if it’s not directly linked to your local grid operator, thus avoiding sleeving fees.
- Through a long term PPA, a supply price is agreed upon (strike price) and when market prices go below the strike price threshold, your company will be reimbursed the difference.
