PPAs

Canary Wharf Group recently signed a power purchase agreement with Brookfield to use wind power in its own operations. We consider how the wind and commercial property sectors could work more closely together.

Volatile energy markets have not de-railed corporate appetite for green power, but new structures and deal tenors are emerging. We look at 2022 figures on corporate PPA activity from both sides of the Atlantic.

It was an exciting December in US offshore wind, but the sector's eyes are on affordability amid an ongoing PPA row. Plus, wind's big news.

How can US wind companies adapt to changing corporate demands?

Every dog has its day. And in recent weeks, most news days have had their Dogger. The 2.4GW Dogger Bank A and B project has been everywhere.

The growth of renewables has played a part in a fall in wholesale power prices in the Nordics that call into question the profitability of future wind farms.

In less volatile market conditions, renewable energy sellers could afford a more relaxed attitude toward off-taker credit. But in the post-Covid, post-subsidy environment, certainty around credit is now key to ensuring that PPAs don’t end up costing more than the seller bargained for.

Caroline is Global Head of Instatrust, New Energy Ventures at DNV GL. She is leading the innovation cycle, development and launch of the Instatrust™ platform, a digital PPA platform that connects buyers and sellers of renewable energy. DNV GL are platinum sponsor of our Financing Wind Europe conference on 31st October in London.

Gill Howard Larsen is Global Director of Due Diligence, Renewables at UL. UL is Host Sponsor at Financing Wind Europe on 31st October in London and Platinum Sponsor at our European Wind Investment Awards. We caught up with Gill to find out more about UL’s expansion plans in Europe, trends in the wind sector and Brexit.

Despite the bold plans, A Word About Wind found Vattenfall’s wind head Gunnar Groebler in cautious mood when we met at the annual conference of WindEurope – where he is chairman – in Bilbao in April.

There’s no doubt that growing corporate interest in the wind industry is a good thing. We commonly see this in the form of corporate power purchase agreements.

Rafael Mateo, chief executive at Acciona Energy, is talking to A Word About Wind and sharing a view of renewables that looks a touch on the optimistic side.