Ekhi will find a place to generate and deliver 100% renewable energy
Ekhi understands that not all companies have room for their own power station. That is why we have an external power purchase agreement (PPA) in which we will find a solar or wind farm in the Spanish geography to bring you energy from renewable sources.
Ekhi will find a renewable energy park to produce energy in an optimal national location
Offsite PPA are treated as typical energy supply contracts, thus they don’t impact your balance sheet
Lock-in prices and receive 100% renewable energy for up to 30 years
A Offsite PPA is an energy supply service where the economic transaction takes place directly between producer and consumer. The producer sells the energy produced to an end customer, delivering it through the transmission/distribution grid (offsite). The PPA price is usually set independently of the daily market price (although there are floating price structures that may be linked to the market).
The energy prices in Offsite PPAs are typically determined directly between a producer and seller, independently from the market price. However, in some cases Offsite PPAs use floating price structures that are linked to market prices. Offsite PPAs are considered Buy-Sell agreements where ownership of the energy is transferred to the consumer for an agreed price.
One of the main differences is the way that they are sold i.e. the economic transaction. In Virtual/Financial PPA, a renewable producer determines its energy prices based on the energy market (OMIE), while in a Offsite l PPA, the producer determines the price independently.
This depends on the volume of energy agreed under your Offsite PPA contract, as there are different profile alternatives. The most common one is the Pay As Produced (PAP) model where an end client buys a percentage of a plant’s energy generation. They set monthly or yearly minimums to ensure a base quantity, but this can vary by hour. Another alternative is a Solar Profile (SP) model, where energy minimums are set per hour so producers may have to rely on suppliers or the grid to fulfill the agreed demand.
For an Offsite PPA, the energy generation facilities (where the energy will come from) are renewable parks based in a national location, and this energy produced will be injected to the grid. The energy will reach your company through the existing transmission and distribution network, so no extra technician is needed on the customer's side.