Renewables for industryProject Business Renewables Centre Australia
The 2019 State of the Corporate PPA Market report provides an overview of the sector and its key trends.
One of the striking trends in Australian energy markets in the past two years has been the emergence of Corporate Renewable Power Purchase Agreements (Corporate PPAs).
Under a Corporate PPA, electricity buyers agree to buy power and/or Large Generation Certificates from a renewable energy project (currently solar or wind farms) at a fixed price over a longer-term.
Since 2017, our estimate is there has been a total of 58 Corporate PPAs negotiated for 2.3 GW of capacity. Over 60 per cent of Corporate PPAs have been made with new solar and wind farms.