The rising volatility in energy market prices and the accelerated need for greening pose a current challenge for many sectors. Furthermore, generating your own energy is not always feasible owing to limitations in space, time, knowledge or investment capital.
A stable and less capital-intensive alternative is to enter into a Corporate Power Purchase Agreement (PPA). This is a purchasing contract for sustainable energy, produced from the Aspiravi portfolio by wind turbines in Belgium. How exactly does this work and could it be right for your organisation?
A Corporate Power Purchase Agreement is an agreement in the short or long term (3 to 20 years) between Aspiravi and your company that sets out the consumption quantity, the price and the duration. It means that Aspiravi will supply renewable energy at an agreed price. Aspiravi will only draw this energy from its own renewable energy facilities in Belgium. This energy generated will then be supplied to your company through the public grid.
You decide for yourself whether your company will fully or just partially switch to green energy through a PPA. Once this is in operation, you will receive a Guarantee of Origin (GO) that demonstrates the energy you are purchasing is 100% green and renewable.
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