4 FAQs about Photovoltaic Container Hybrid Budget Scheme

Are hybrid PPAs a viable solution to co-location?

PPAs | The co-location of renewable generation and energy storage demands new contractual arrangements to make such projects commercially viable. Jack Rankin, Miguel Valderrama and Brian Knowles of Pexapark explore how hybrid PPAs are becoming a favoured solution for structuring deals that capture the full value of both assets

Are hybrid PPAs a 'co-located' asset?

Jack Rankin, Miguel Valderrama and Brian Knowles of Pexapark explore how hybrid PPAs are becoming a favoured solution for structuring deals that capture the full value of both assets In the world of power infrastructure, we may broadly define “co-located” assets as those that share a single connection to the grid.

What is a hybrid PPA?

With a hybrid PPA, the idea is to get the best of the two worlds: potentially generate revenues through grid services, while improving the investment returns of the renewable asset. The first financial-benefits touchpoint of consider-ing co-locating a renewable asset with storage is the cost savings from the shared grid connection.

How does pexapark's hybrid PPA pricing work?

Pexapark's hybrid PPA pricing uses hourly forward curves, where we model the behaviour of how renewable generation and storage operate together and determine what is the value of that profile resulting in a premium PPA price. It's a valuation tool to bring transparency into the hybrid project's pricing after profile shaping.

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