Download your free guide to Corporate Power Purchase Agreements
Our new CPPA guide looks at Corporate Power Purchase Agreements (CPPAs) and how they can help organisations with sustainability progress and financial planning.
A CPPA represents a contract that connects the power your organisation consumes to a specific generator. CPPAs offer the means for reducing emissions and benefiting from a degree of cost stability to help mitigate the threat of volatile energy market prices.
Our CPPA guide looks at the benefits of securing such an agreement and how Renewable Energy Guarantees of Origin (REGOs) fit into the mix. It explains the relevance of balancing and why that affects cost. And it analyses the different profiles and types of CPPA (see below), the challenges involved, and what to look out for to get the best deal for your business.
Here’s a topline summary of the CPPA types the guide covers:
- Private wire – with no Grid involvement, these CPPAs offer the ultimate convenience and optimised benefits. However, they rely on geographical compatibility and can be tricky to arrange.
- Physical – these arrangements involve a third party ‘licensed supplier’ tracking generated power through the Grid on the consumer’s behalf. Although the contract structures are slightly more complicated, they’re ideal for large-scale energy offtake.
- Virtual – contracts based on financial arrangements rather than the physical supply of energy still offer a route for organisations to boost sustainability credentials.
If you’re new to CPPAs, we’ve got you covered – the guide will walk you through the basics and the options available – and there’s even a handy jargon-busting glossary.
Finally, the guide features our insights about the future of the CPPA market and how Drax is working to simplify CPPA transactions.
Download the guide using the button below and get your organisation on the path to CPPA benefits.
Disclaimer
We’ve used all reasonable efforts to ensure that the content in this article is accurate, current, and complete at the date of publication. However, we make no express or implied representations or warranties regarding its accuracy, currency or completeness. We cannot accept any responsibility (to the extent permitted by law) for any loss arising directly or indirectly from the use of any content in this article, or any action taken in relying upon it.
