PUBLISHER: Guidehouse Insights | PRODUCT CODE: 1103601
PUBLISHER: Guidehouse Insights | PRODUCT CODE: 1103601
The world has pledged to reach net-zero CO2 emissions by the mid-21st century, which has increased pressure on full decarbonization in the energy sector. The challenge is to meet the vast electricity demand coming not only from current business-as-usual scenarios but also from the increasing need for electrification. High upfront costs, increasing costs of raw materials, and unsure returns hinder the switch to renewable energy generators, and thus the renewable energy transition. Power purchase agreements (PPAs) are a way to mitigate those risks. Introduced first in the US, they are rapidly expanding to other regional markets.
With a PPA, renewable energy generators can secure funding; investors have a new source of profit in the energy market; and consumers get a renewable energy supply that can help fulfill their decarbonization commitments. PPA online platforms with key market information such as price, demand, supply, and educational information are essential for stimulating growth in PPA markets and to maintain them at a profitable scale. Digital platforms that incorporate knowledge and expertise from traditional PPA solutions, combined with advisory services, will facilitate and accelerate PPA transactions as well as renewable energy capacity growth.
This “Guidehouse Insights Leaderboard” report has identified 10 PPA online platforms that provide pre-PPA transaction services. They cover a wide range of specialties covering physical and financial corporate PPAs, utility PPAs, and retail PPAs, with long-term and short-term options. The Leaderboard assesses these online platforms using a range of criteria on Strategy and Execution.
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