The company is taking a new approach to PPAs in order to make them more accessible to business customers. The plan is believed to be an industry first, in which business customers are offered the opportunity to purchase the amount of electricity they want from as little as 1 MW, thereby enabling more businesses to secure renewable electricity supplies.
Consultancy Mitie Energy started marketing this opportunity earlier this month on behalf of Vattenfall and is open to receive tenders until June.
“More businesses are starting to recognise the importance of taking a longer term approach to tackling climate change in both their operations and through their supply chains” said Vattenfall’s UK Originator, James Hunt. “Corporate PPAs can be part of the solution to fix all or part of their energy prices. Vattenfall understands the importance business consumers place on building long term relationships with their suppliers and we are pleased to be able to help UK business consumers with their climate goals by powering their sustainable consumption now and in the future.”
South Kyle Wind Farm has a grid connection for 165 MW and will have an estimated generation output of 500 GWh per year. Electricity from South Kyle Wind Farm is being offered at index linked fixed prices for periods of between 10 – 20 years in multiples of 1 MW (approximately 3 GWh per annum).
Corporate PPAs can provide price certainty by enabling businesses to manage their energy costs. Renewable electricity from South Kyle Wind Farm can also help businesses reduce carbon footprints in their operations and their supply chains.
Image: Wind turbine at South Kyle Wind Farm (Vattenfall)
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