The Germany-based consultancy has presented a new online tool for tracking, pricing and analyzing renewable energy purchase agreements (PPAs). It is aimed at both buyers and sellers of renewable energy.
Synertics, a consulting and pricing research publisher based in Germany, has launched a new online tool for tracking, pricing and evaluating renewable energy purchase agreements (PPAs).
Aimed at both buyers and suppliers of renewable energy, it provides ‘transparent and comprehensive’ price breakdowns and revenue risk analysis support to evaluate PPAs and define hedging strategies. Users can identify both risks and opportunities that often arise during PPA transactions, said Manuel Pessanha, CEO and founder of Synertics.
“The tool provides a user-friendly view of the movements in the electricity market and the respective impact on individual assets and portfolios. The main focus is on reducing the risks of income streams and increasing the value of both individual assets and portfolios,” Pessanha shared. pv magazineadding that PPA prices for solar, hydro and wind projects, along with the risk models and data on potential revenue streams, are regularly updated. “Integrated data on solar radiation and wind speed enable further strategy formulation.”
The platform takes into account information on the type of technology, location, marketing structure of the PPA, expected production profiles and electricity price development. Access is sold by subscription.
Users can make PPA price comparisons based on individual PPA structures, electricity market movements, asset-specific technology and location-based production characteristics. It is possible to compare and evaluate PPA offers and calculate commitment prices for user-defined periods. It supports the risk analysis of grid curtailments based on issues such as the downward redispatch measures taken by transmission system operators (TSOs).
Customers can also identify additional potential revenue streams through participation in the ancillary services market and define strategies for negative pricing situations, according to Pessanha.
Founded in 2020, Synertics has executed PPA structuring mandates for large-scale solar PV projects. Last year it had solar PV project mandates in Greece, Romania, Ukraine, Spain, Portugal and Canada. It also published PPA price studies for the Czech Republic, Ukraine, Spain and Portugal.
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