There is usually a physical aspect in a synthetic AAE. The buyer of the business usually needs the green certificates allocated to the project to demonstrate the renewable nature of the electricity to be delivered to the buyer. These are used to cover their entire electricity consumption and thus prove the performance of the buyer of the company against their obligations. Some transactions have taken different approaches in this regard. For example, the buyer may purchase green certificates separately and allow the project to sell the green certificates issued to them. Auchan Retail plans to buy 16% of its electricity from clean electricity in 2022, up from 100% by 2030. The French developer will supply Auchan Retail with the energy produced in two solar installations with a total generating capacity of 61 MW in the south of the country, as part of a 20-year power purchase contract (AAE) signed by the energy consumer. The contract concludes with agreements for a 5 MW solar production capacity with Boulanger, a 150 MW contract with the railways and a 10 MW agreement with the lender Credit Mutuel with these three 25-year PPPs. After supplying electricity to French retailer Boulanger, SNCF public and mutual credit financial services, solar developer Voltalia has secured its fourth agreement for an unsubsidized solar installation in France. This agreement illustrates Orange`s ambitions to control the energy and environmental impact of its networks, at a time when the volume of data sent over networks continues to grow.
www.latribune.fr/entreprises-finance/industrie/energie-environnement/energies-renouvelables-la-france-se-convertit-a-la-vente-directe-aux-industriels-787888.html The agreement is Voltalia`s fourth power purchase agreement in his country. French distributor Auchan will buy the electricity under a 20-year contract. The adequacy of a PPP solution for companies in a given market depends on a number of factors. In some, it may offer attractive diversification to developers or their existing options to take power. In other countries, it may propose a solution for which the current market is not able to offer. However, in many legal systems, there are trade or regulatory barriers that make it more difficult to supply AAA to businesses. A corporate AAE can help meet a company`s sustainability obligations. Many companies have set ambitious targets for renewable energy acquisition or emissions reduction, whether through leading organizations such as RE100 or independently.
Meeting these obligations can be relatively simple by purchasing green electricity products from their energy supplier or by purchasing renewable energy allowances that meet their needs (for example. B renewable energy quotas in the United States or guarantees of origin in the European Union). Some companies want to go beyond purchasing programs and look for ways to prove your additionality. On the other hand, this type of agreement guarantees producer investments and facilitates the financing of new renewable energy generation capacity when the public subsidy is not an option or is available. In addition, AAEs can continue to fund facilities such as . B, maintenance, rents, etc. Especially when government subsidies are coming to an end and electricity prices on the market are very uncertain and risky to keep producers alive. Today, French wind farms, which represent 1,200 MW of generating capacity, are affected by this particular situation and could be abandoned for new projects.