Webinar- Power Purchase Agreements for Grid-Aware Renewable Energy Procurement

Power purchase agreements (PPAs) are a key mechanism that utilities use to procure variable renewable energy from independent power producers. A PPA is a long-term (20-25 year) contract that codifies all aspects of the electricity sale, including the price of electricity and the associated legal obligations of both parties. This webinar will focus on PPA provisions that can enable wind and solar technologies to enhance grid stability and contribute to power system flexibility. Key considerations including ancillary services, advanced telemetry, and automatic generation control will be discussed. This discussion will be followed with a guest presentation by Xcel Energy, a vertically integrated electricity utility in the United States and the largest wind buyer in the country, to discuss Xcel Energy’s Model PPA for wind power systems.

The webinar will be presented by Barbara O’Neill from NREL and Tara Fowler from Xcel Energy. It will be followed by an interactive question and answer session with the audience, moderated by Ilya Chernyakhovskiy from NREL.

View the recording, here!