Power Purchase Agreements (PPA)
The ability to secure long term Power Purchase Agreements is critical in helping project developers and Independent Power Producers (IPPs) to raise the necessary capital to bring their projects commercially online. While renewable energy credits (RECs) or green power attributes play a key role as a value driver, securing a mid to long-term power offtake is paramount for project financing purposes.
Karbone leverages relationships with load-serving energy companies and power marketing entities in all power pools across North America to source, structure, and negotiate optimal long-term power agreements. In some RPS markets, transactions may take place in the form of bundled power combined with REC contracts; such is the case for many renewable resources associated with the California RPS market, for example.