AlexMcGowan
Member
- Location
- Cheshire
One of my contacts in the energy industry has recently taken up a new position at OVO Energy, with the sole purpose of revamping their direct PPA agreement and processes, in order to bolster their renewable energy portfolio purchased directly from generators, and are offering incredibly competitive prices in order to do so.
OVO Energy have been available via several different PPA platforms over the years, however this change means there is another option to consider whilst deciding who to sell energy to directly, should you choose not to use a comparison website, which is always a good thing.
Aimed at large scale generators, with 20 working day payment terms, OVO are offering prices incredibly close to the pricing curve, which in essence means that they are offering as much as they can, getting as close as they can to forecasts, without running at a loss. The only downside to this approach is that their offers won't be on the table for very long, as any market movement will result in the specific unit rates offered being pulled and needing to be refreshed to account for any change.
If you have an upcoming export PPA renewal, it's another supplier to consider, and I can provide their new PPA contract template, that was only signed off by the lawyers yesterday, should anybody wish to see the finer details.
If anybody would like assistance in finding the best rates available on market, I'm always free to discuss potential approaches or complete full market tenders on [email protected].
OVO Energy have been available via several different PPA platforms over the years, however this change means there is another option to consider whilst deciding who to sell energy to directly, should you choose not to use a comparison website, which is always a good thing.
Aimed at large scale generators, with 20 working day payment terms, OVO are offering prices incredibly close to the pricing curve, which in essence means that they are offering as much as they can, getting as close as they can to forecasts, without running at a loss. The only downside to this approach is that their offers won't be on the table for very long, as any market movement will result in the specific unit rates offered being pulled and needing to be refreshed to account for any change.
If you have an upcoming export PPA renewal, it's another supplier to consider, and I can provide their new PPA contract template, that was only signed off by the lawyers yesterday, should anybody wish to see the finer details.
If anybody would like assistance in finding the best rates available on market, I'm always free to discuss potential approaches or complete full market tenders on [email protected].
