About this training
The global renewable electricity generation capacity is growing with an unprecedented speed. Half of the growth in the power production across the globe is now coming from renewables, led by wind, solar PV and hydropower. Within the next 5 years the share of renewable technologies meeting global energy demand will reach 30% of the total world electricity generation.
Many energy intensive companies have announced their commitment towards net-zero emissions. Corporate Power Purchase Agreement (CPPA) would be the instrument to source clean energy for their operations. The CPPA market offers an avenue to hedge wholesale price risk and secure long-term revenue visibility and price certainty. The CPPA market has already taken off in the US and Europe and is spreading across the globe.
Overall, continuous cost reductions are expected to make renewable energy more competitive in an increasing number of countries. The introduction of additional competitive auctions for long-term PPAs in key countries; and a growing private or corporate PPA market that takes advantage of wind and solar PV cost reductions, will be suitable developments to further deploy renewable power projects.
As renewable energy technologies become increasingly competitive, appropriate policies and market design are critical. Governments should introduce measures to tackle policy and regulatory uncertainties as well as grid integration and financing challenges.
During this intensive and highly interactive hands-on course, we will provide a comprehensive guidance and tips to successfully negotiate bankable renewable PPAs.