New short term power purchase agreements designed to help energy intensive businesses secure renewable energy with ‘ease and speed’. Two years ahead of its official opening, Scotland’s largest offshore wind farm has this week announced the launch of new corporate power purchase agreements (PPAs) that will allow energy-intensive businesses to source clean power direct from the flagship project. Developer Seagreen Wind Energy, a joint venture between TotalEnergies and SSE Renewables, said the new PPAs would be available through five-year contracts, which is less than half the typical offshore PPA duration. Businesses will be able to purchase energy in blocks of 20MW or 100GWh per annum through the new contracts, allowing energy intensive businesses to slash their emissions in support of their environmental or net zero emissions goals.
Business Green 3rd Aug 2021 read more »