Meet your renewable energy procurement needs and decarbonization goals with a single virtual power purchase agreement, or VPPA
Faced with energy price volatility, market uncertainty, and stakeholder demands for sustainability, organizations are increasingly looking for ways to minimize risk and align with decarbonization targets. VPPAs enable organizations with geographically dispersed facilities to meet their renewable electricity needs while unlocking economic and sustainability benefits in line with their strategy.
A power purchase agreement is a contract between a buyer and seller of renewable electricity. With a physical PPA, a buyer contracts with a developer for purchase of physical power and associated renewable energy credits. A VPPA is a variation on a physical PPA – it is a financial transaction that delivers the environmental benefits of a renewable energy project to your organization, while electricity generated by the project flows to the grid. VPPAs do not change how organizations power their facilities. Decoupling your facility load from the renewable project provides possibilities that are difficult to achieve in other ways, making VPPAs popular method of renewable energy procurement.
Faced with energy price volatility, market uncertainty, and stakeholder demands for sustainability, organizations are increasingly looking for ways to minimize risk and align with decarbonization targets. VPPAs enable organizations with geographically dispersed facilities to meet their renewable electricity needs while unlocking economic and sustainability benefits in line with their strategy.
A power purchase agreement is a contract between a buyer and seller of renewable electricity. With a physical PPA, a buyer contracts with a developer for purchase of physical power and associated renewable energy credits. A VPPA is a variation on a physical PPA – it is a financial transaction that delivers the environmental benefits of a renewable energy project to your organization, while electricity generated by the project flows to the grid. VPPAs do not change how organizations power their facilities. Decoupling your facility load from the renewable project provides possibilities that are difficult to achieve in other ways, making VPPAs popular method of renewable energy procurement.
Advance Scope 2 emissions reduction targets by choosing renewable electricity to power your operations.
Use one VPPA contract to meet your renewable energy procurement needs by aggregating load across multiple geographically dispersed facilities.
Partner with Enel North America to create local jobs and benefit local communities via our Creating Shared Value approach to business.
Use VPPAs to meet your renewable energy procurement goals quickly and efficiently.
Benefit from stable energy costs. Work with Enel’s trading desk to customize the contract structure in line with your appetite for risk.
Receive environmental attributes (RECs) equal to the amount of energy purchased via a VPPA.
As an offtaker for new renewable energy projects, benefit from additionality and project-specific marketing rights. For more impact, add renewables to your regional electric grid.
Partner with other organizations on VPPA aggregations to take advantage of benefits created by large renewable energy projects.
Partner with one company to holistically address all your energy and decarbonization goals.
The world’s largest retail electricity provider, Enel is rapidly growing with a pipeline of new diverse projects across North America.
