That could be an angle. However, the aim of the 365 PPA is to reduce both positive and negative residuals and optimise the energy production to reflect the client’s consumption profile as much as possible. Hence, a detailed analysis of generation and consumption is key. Once this step is completed, one could also investigate any surplus for potential reselling on the energy market.  

Long term (LT) contracts are 10-15 years long and prices may be fixed for the duration of these contracts.

“Cleaning the seasonality” in a solar Power Purchase Agreement (PPA) refers to managing and mitigating the effects of seasonal variations in solar energy production. Solar energy generation is inherently variable, with higher production in sunny months and lower production during cloudy or winter months. By utilizing various technologies, we can smooth out the fluctuations in a solar energy profile. Additionally, Statkraft has the capability to shape this profile through our trading desk, allowing us to provide a tailored energy solution. 

Guarantees of Origin (GOO) are produced solely from the actual generation of the asset. However, Statkraft has access to an extensive portfolio of renewable energy assets and boasts the unique flexibility to top-up or sell GOOs from these sources as needed. 

Battery storage can be included in the overall 24/7 PPA solution offered to a client, among other technologies. 

A 365 PPA entails fewer residual periods, which in turn reduces the off-taker's exposure to market risk. Consequently, 365 PPAs can offer more stable and potentially lower costs compared to traditional PPAs. 

Power Purchase Agreements (PPAs) typically include protections that account for the difference between expected and actual generation, usually expressed as a percentage. Additionally, asset damage is generally covered under force majeure clauses, which provide safeguards against unforeseen events such as rare weather occurrences or other damages.

Absolutely, hydro is a form of stored energy. As the share of renewables in the energy mix grows, other forms of energy storage, such as batteries and thermal storage, will play a crucial role. These technologies can provide additional flexibility and reliability, ensuring a steady supply of power even when renewable generation is intermittent. This support is essential for the effectiveness and stability of Power Purchase Agreements (PPAs).  

The primary risks in a mixed contractual setup, which includes both "pay as produced" and "base load" agreements, revolve around the variability in energy production and the financial implications of these variances.  

However, a Power Purchase Agreement (PPA) is an excellent instrument to mitigate these risks. PPAs typically include protections that account for the difference between expected and actual generation, usually expressed as a percentage. Additionally, asset damage is generally covered under force majeure clauses, which provide safeguards against unforeseen events such as rare weather occurrences or other damages.  

Statkraft offers customized solutions to meet clients' specific requirements and provides for ways to hedge against price fluctuations and market volatility. By diversifying the mix of energy sources (e.g., combining hydro, solar, wind, and battery storage), the client can reduce dependency on any single source and mitigate the impact of variability in energy production. Structuring contracts to include flexibility clauses can help manage the financial risks.   

By adopting these strategies and leveraging Statkraft's customized solutions, the client can better manage the risks and ensure a more stable and cost-effective energy supply.  

Indeed, certain demand profiles, such as those for EV chargers, are inherently challenging to predict using historical consumption data alone. However, solutions like the Mercedes product, which utilizes real-time matching, offer a viable approach. By leveraging real-time data and advanced analytics, this product can dynamically adjust to fluctuating demand, ensuring a more accurate and efficient energy supply. 

The Solar Profile is a fixed profile designed to replicate the generation of an actual solar plant. It takes into account weather patterns and related generation, reflecting a typical weather and generation year. 

Yes, we do. 

Flexibility and Storage Solutions: Statkraft leverages its extensive portfolio of renewable energy assets and storage solutions to manage variability in production. This flexibility allows Statkraft to balance production and consumption more effectively, reducing the risk of any unbalance. 

To address the variability of renewable energy production, particularly for large-scale consumers, Statkraft leverages its unique flexibility and extensive portfolio of renewable energy assets, including its hydropower capabilities.  

Hydropower Flexibility: Statkraft's hydropower portfolio is a key asset in managing energy variability. Hydropower plants can quickly ramp up or down their production to match demand, providing a reliable and flexible source of energy. This capability is crucial in balancing the grid and ensuring a steady supply of power, even when other renewable sources like wind and solar are intermittent  

Diversification of Energy Sources: By combining various renewable energy sources such as hydro, wind, solar, and battery storage, Statkraft can create a more resilient and balanced energy mix. This diversification helps mitigate the impact of variability in any single source and ensures a more stable energy supply  

Advanced Forecasting and Real-Time Data: Statkraft employs advanced forecasting techniques and real-time data analytics to predict energy production and consumption patterns accurately. This allows for proactive adjustments and better management of energy resources, reducing the risk of load shedding and shortages  

Grid Stabilization Services: Statkraft offers grid stabilization services that enhance the reliability and stability of the energy supply. These services include frequency regulation, voltage control, and other ancillary services that help maintain grid stability during periods of high demand or low production  

Customized Solutions: Statkraft provides tailored solutions to meet the specific needs of its clients. By understanding the unique requirements of each customer, Statkraft can design and implement strategies that optimize energy use, reduce costs, and enhance reliability. This includes customized Power Purchase Agreements (PPAs) that offer flexibility and stability in energy pricing and supply, as well as battery storage solutions  

By leveraging these strategies and its unique hydropower flexibility, Statkraft ensures that large-scale consumers can effectively manage load shedding and shortages, maintaining a reliable and cost-effective energy supply.  

If a corporate client is interested in a 365 PPA with additionality, the first step is to analyse the customer’s consumption profile. This allows us to design a tailored solution and identify the most suitable technology to meet the customer’s needs. Statkraft offers a diverse portfolio of its own assets as well as managing assets owned by third parties, ensuring we can provide the best possible match for the client's requirements. 

Statkraft ensures the availability of Power Purchase Agreements (PPAs) to meet demand in Germany through a combination of its own extensive portfolio of renewable energy assets and strategic cooperation with third-party assets.  

Own Assets: Statkraft operates a large and diverse portfolio of renewable energy assets, including wind, solar, and hydropower.   

Third-Party Cooperation: In addition to its own assets, Statkraft collaborates with other renewable energy producers to ensure a stable and reliable supply of green energy. This cooperation allows Statkraft to access additional capacity and diversify its energy sources, further enhancing its ability to meet the growing demand for PPAs in Germany.  

By combining its own renewable energy assets with strategic partnerships and offering customized solutions, Statkraft is well-positioned to meet the demand for PPAs in Germany and provide reliable, sustainable energy to its clients.  

Statkraft ensures that clients receive renewable energy 24/7 through a combination of innovative trading strategies and a diverse portfolio of renewable energy sources. This is possible through:  

Flexible Hydropower: Statkraft leverages its extensive hydropower resources to balance the intermittency of wind and solar power. Hydropower can be quickly adjusted to match demand, ensuring a continuous supply of renewable energy.  

Real-Time Matching: Statkraft uses advanced trading techniques to match energy production with consumption in real-time.  This involves using Guarantees of Origin (GoOs) and other certification methods to verify that the energy supplied is 100% renewable at any given hour.  

Diverse Renewable Portfolio: Statkraft’s portfolio includes wind, solar, and hydropower plants, which allows to provide a steady supply of renewable energy by compensating for the variability of each source.  

Statkraft offers 24/7 PPAs, which are tailored contracts that ensure clients receive renewable energy around the clock. These agreements are designed to meet the specific energy needs of clients, providing both financial predictability and sustainability.  

By integrating these strategies, Statkraft can deliver on their promise of 100% renewable energy 24/7, helping clients achieve their sustainability goals while maintaining a reliable energy supply.  

PPAs are a competitive tool for corporates to capitalize on these trends as they provide a way for corporates to hedge against volatile energy market prices in the long term, while securing access to increasingly competitive renewable products.