Industry Analysis
Oct 27, 2023

How Offtakers Look at PPA Offers

Offtakers don't care about the offer price of a PPA. They care about the value of the PPA relative to its price.

They want to know if they can buy renewables below their market value.

And then they want to know how much money they can make on a given transaction.

This is why RenewaFi built a model to calculate the value of every proposed PPA on our site.

At the end of Q3, Solar was almost $11 more valuable at Houston hub than at South hub!

  • At Houston hub, the median solar offer was worth $52.31
  • At West hub, the median solar offer was worth $45.59
  • At North hub, the median solar offer was worth $45.40
  • At South hub, the median solar offer was worth $41.59

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Industry Analysis
Published
•  Published
October 27, 2023

How Offtakers Look at PPA Offers

Offtakers don't care about the offer price of a PPA. They care about the value of the PPA relative to its price.

They want to know if they can buy renewables below their market value.

And then they want to know how much money they can make on a given transaction.

This is why RenewaFi built a model to calculate the value of every proposed PPA on our site.

At the end of Q3, Solar was almost $11 more valuable at Houston hub than at South hub!

  • At Houston hub, the median solar offer was worth $52.31
  • At West hub, the median solar offer was worth $45.59
  • At North hub, the median solar offer was worth $45.40
  • At South hub, the median solar offer was worth $41.59
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RenewaFi is the marketplace for wholesale renewables in ERCOT, helping sophisticated market participants source and evaluate hedges.
product
HomePricing
company
About UsCareers
resources
BlogFAQCode of ConductTerms of ServicePrivacy PolicyRisks
contact
info@RenewaFi.com+1 (443) 421-2659
RenewaFi LLC (“RenewaFi”) offers a renewable energy marketplace. Users are cautioned that the RenewaFi marketplace is not a “swap execution facility” or registered as such with the Commodity Futures Trading Commission (CFTC). Unlike an exchange or a swap execution facility, the RenewaFi marketplace is not designed for RenewaFi market participants to place orders for standardized and tradable financially settled contracts, or to execute such contracts on the RenewaFi marketplace. The RenewaFi marketplace is a tool primarily used to help RenewaFi market participants source and interpret information. Further, users and other RenewaFi market participants will not be permitted to initiate auctions, nor should they submit proposals, to enter into a renewable energy transaction, unless the transaction is intended to be physically settled. Auctions for financially settled renewable energy transactions cannot and should not be conducted on the RenewaFi marketplace.
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All Content © RenewaFi. 2023 - All Rights Reserved.