Our EG&P team is working with the corporate sector to connect organisations to renewable energy sources and helping them realise both the environmental and economic benefits of power purchase agreements (PPA).
A renewable PPA is in simple terms a contract to buy power from a renewable source. Corporate buyers can purchase power and renewable energy certificates from a provider or energy generator, rather than a local or national utility, to enhance their green credentials. PPAs are a contract in which the buyer commits to buy the output of a renewable power project.
As government subsidies decline and markets evolve, corporate PPAs will play an integral role in ensuring the continued growth of renewable power across Europe.
While Corporate PPAs foster environmental benefits and predictability of longer-term power costs, they can also introduce new risks and additional complexity requiring additional resources to manage. This is particularly true for organizations unfamiliar with project finance, construction contracts, volatile power markets or managing intermittent/un-matched supply contracts.
Sustainability has become a key focus area for organisations and their customers and stakeholders – and a way for companies to differentiate in competitive markets. Through entering into a Power Purchase Agreement, your company can both reduce its
carbon footprint in a clear and meaningful way and play an active role in transforming the energy sector.
Our expert team can provide a variety of physical or financial PPA solutions from our growing European portfolio of new build wind and solar projects tailored to your specific requirements.
These bespoke solutions ensure price security and other benefits of a renewable PPA in a simpler structure that minimizes complexity and unwanted risks, allowing you to focus on your core business. Combined with our extensive trading capabilities
we can offer a range of structures to help you achieve your renewable power goals.
This content has been provided to you for informational purposes only. This content is not advice on or a recommendation of any of the matters it describes. This content is not an offer or solicitation by or on behalf of BP p.l.c. or any of its subsidiaries (collectively "BP") to enter into any contractual arrangement. BP makes no representations or warranties, express or implied, regarding the accuracy, adequacy, reasonableness or completeness of the information, assumptions or analysis contained in this presentation or in any supplemental materials. BP accepts no liability in connection with any of such information. BP deals and trades in energy related products and may have positions consistent with or different from those discussed herein.
The information contained on this page shall not be modified, reproduced, distributed or otherwise disseminated in whole or in part in any manner by any party without prior written permission from BP. All rights, including copyright, confidentiality and ownership rights are reserved.