Wind is a freely available, inexhaustible and emission-free source of energy and one of the fastest growing renewable energy technologies. The benefits of wind energy ensure that it will continue to play an increasingly important role if the world becomes a low-carbon economy. Even if your company has not yet started the discussion on renewable energy, it won`t be long before external factors force the problem. Pressure from consumers, business partners, employees and investors is pushing companies to aggressively adopt sustainable development goals. And with the recent extension of the Production Tax Credit (TPC) and the Investment Tax Credit (CTI), which have benefited from wind or solar products, businesses can save money and trap low energy rates, and businesses that might not be disadvantaged in the long run. The purchase of renewable energy off-site protects against financial risks. RWE Renewables is one of the largest players in the field of renewable energy. We are one of the world`s leaders in the development, construction, operation and ownership of renewable projects on a supply scale. We understand the needs of our partners and offer specially designed and customized products. We know that Corporate PPAs can be complex and, in partnership with us, we can help make it simple and simple. With PPAs, your business can benefit from a stable and predictable cost while improving your carbon footprint and promoting your green image.
In a virtual AAE, the company that develops the renewable energy project sells the electricity to the grid once the project is completed. To obtain financing, the developer enters into a virtual PPP with a third party – let`s call the ACME Co. ACME Co.dem owner of the renewable project guarantees a certain fixed price for the electricity it sells to the grid. If the electricity is sold for less than the guaranteed amount, ACME Co. will pay the difference; If electricity is sold to the grid for more than the fixed price, ACME Co. will actually earn money. In this arrangement, there are some advantages for all concerned: the developer of the solar installation or wind farm has the price security he needs to get funding for the project, and ACME Co. has the opportunity to earn money.
Learn more about global energy markets and renewable energy supply. Contracts for electricity and wind energy are referred to as „air contracts” or AEDs. AAEs are long-term contracts for the purchase of renewable energy in agreed quantities and at prices that meet the needs of both the producer and the consumer. These renewable energy agreements not only provide both parties with financially advantageous solutions, but also clean renewable energy for businesses and allow investment in additional renewable energy developments. Faced with a growing number of companies focusing on the development of 100% renewable energy, largely due to the recent advance on the goal of reducing scientific CO2 emissions, PPAs, VIRTUALA and REC are the three acronyms that live a lot in discussions about companies` energy strategies. But I admit it – although I have been rooted in the energy industry over the past decade, my mastery of what these acronyms really meant was limited at best.