Virtual Power Purchase Agreements (Ppas)

As I said, they opened doors for small businesses that previously thought that only Google, Amazon and Microsoft in the world had the muscles to meet the challenge of fighting climate change. Virtual Power Purchase Agreements (VPAPs) are rapidly becoming a way for companies to meet their renewable energy goals. However, it can be difficult for your customers to explore the benefits of VPAPs if they don`t understand what these types of contracts are and how they work. A virtual ECA is essentially a form of price hedging. A company enters into a contract to pay for a renewable energy project at an agreed starting price. The renewable energy project sells electricity produced from distributors to the local wholesale market. .