Your PPA partnerVayu Energy has extensive experience in providing a route to market for small, medium and large generators via PPAs (Power Purchase Agreements). A PPA is a contract between two parties, one who generates electricity (the seller) and one who is looking to purchase electricity (the buyer).
Four Ways We Can Help Renewable Generators
Power Purchase Agreements (PPAs)
PPAs are a critical component of planning a successful renewable project because they provide a guaranteed income stream over an extended contract duration (up to 15 years). Vayu is one of a small number of licensed power suppliers that can provide PPAs for:
Renewable generators in the Republic of Ireland and Northern Ireland, including:
• those qualifying for the Renewable-Energy-Feed-in-Tariff (REFIT) in ROI
• merchant PPAs coming out of in Northern Ireland and ROI
Supplier Lite Services
Some generators decide to set up their own supply company for their renewable projects, however not all wish to deal with the associated complexity and overhead of managing this. As an established energy supplier since 2003 Vayu has the experience, capabilities, and systems to deliver “Supplier Lite” services for these projects. Essentially Vayu can administer and manage the process of selling electricity via a PPA on behalf of the project owner.
A Corporate PPA brings consumers and generators together irrespective of location, generating capacity or supply requirements with no capital outlay required by the Customer. In addition to offering the benefit of cost predictability, Vayu can connect a specific generation source like a wind farm with a specific demand source of a Customer. Whilst also managing the volumes and pricing elements, it is also attractive from a Corporate Social Responsibility (CSR) perspective, as it can directly support local communities and lower the Company’s carbon emissions.
If you are seeking a PPA, please contact Ross McConnell at + 353 1 884 9400 or complete our PPA questionnaire below or send an email to Ross.McConnell@vayu.ie.
Some Industrial and Commercial Customers have their own onsite generation. Onsite generation, or auto-production, is where an energy consumer installs a generation facility at the same physical location as their demand. The electricity generated is used to power its own premises first and any excess power is spilled to the grid creating an income stream.
Vayu provides an attractive solution via a monthly invoice to facilitate both the supply of electricity required from the grid and also payment for the times the generator exports excess power to the grid.