Plenary Session
Energy markets evolve – energy contracts should too
- Gerard Reid, co-Founder and Partner at Alexa Capital
- Andor Savelkouls, Energy Procurement and Transition Consultant at E&C Consultants
PPAs have become the preferred instrument for decarbonizing a company’s power supply. We call them “onion contracts”, they look very simple on the outside, but the deeper you start looking into them, the more layers of complexity you’ll discover.
Selling wind or solar power for a long duration at a fix price is undoubtedly a great solution for the investors and owners of such production assets. But as a buyer, what can you do to make them a powerful instrument that services your risk management needs as well as your decarbonization goals? Is a fix price, hourly-cashed out PPA really the contract of the future?
And what will happen to energy suppliers if large consumers buy most of their energy directly from producers? What services do you need to manage a diversified portfolio and who can deliver them and at what conditions?