GreenStream Direct’s
Renewable power trading service covers both bespoke corporate PPAs (CPPAs) and more innovative peer-to-peer (P2P) structures.
What does this mean?
This means that generators can sell electricity directly to blue chip corporations and public and private organisations under a formal/bespoke PPA agreement. Or benefit from a more flexible and straightforward P2P arrangement via one of our energy supply partner channels. The traditional PPA model has historically seen all power being aggregated under one supplier as the off-taker. Still, this new matching structure brings together a renewable generator matched with a specific off-taker, and the income uplift is shared.
By its very nature, the GreenStream Direct matching service is a bespoke arrangement. Matching will depend on site location, technology, and data specifics.
And is this a Corporate PPA or CPPA?
A CPPA is a long-term energy contract between a corporate customer and a renewable power generator.
The driver for the generator or developer is the long-term “bankable” off-take with an organisation seeking to decarbonise.
For the corporate end-user, a CPPA means the energy you use can be traced back to a specific renewable energy project, such as a solar or wind project. Through GreenStream Direct, the power can be “sleeved” at a notional trading point. This means the end user corporate could be in Southampton and the renewable project in Newcastle.
What is a Renewable PPA?
A Renewable Power Purchase Agreement (PPA) is a long-term contract between a customer and an energy supplier specifically designed to provide renewable energy. Through this agreement, the customer purchases clean energy directly from one of our renewable assets, such as wind, solar, or hydropower.
Benefits of a Renewable PPA:
Verified Renewable Energy:
Customers receive renewable electricity and Renewable Energy Guarantees of Origin (REGOs) certificates. These certificates confirm that the electricity purchased is sourced from the same renewable asset, ensuring full transparency and traceability.
Support for GHG Reporting:
By acquiring REGOs, businesses can use these certificates to validate their Scope 2 Greenhouse Gas (GHG) emissions reporting, helping them meet sustainability goals and regulatory requirements.
Choosing a Renewable PPA helps your business transition to green energy and strengthens your commitment to reducing carbon emissions.
What are the benefits of a GreenStream CPPA?
Additionality
A corporate is supporting further deployment of renewable energy capacity across the UK.
Long-term price certainty
A CPPA is usually agreed over 10-15 years, offering protection against rising costs and market volatility. This “bankability” is key for project and debt financing.
Corporate Net-zero and ESG goals
A CPPA demonstrates an organisation’s long-term commitment to renewable energy to clients, shareholders and other stakeholders as part of any wider decarbonisation and Environmental, Social and Governance (ESG) ambitions.
Secure Renewable Energy Guarantees of Origin (REGOs)
REGOs are certificates showcasing that electricity has been generated from renewable sources.
What is GreenStream Peer to Peer (P2P)?
This is more than just buying a REGO certificate…
While it’s possible to buy REGO certificates to cover your normal energy supply, GreenStream links a generating asset to a specific end consumer or a mix of consumers (to aggregate volumes).
Peer-to-peer (P2P) electricity trading refers to buying and selling electricity directly between the parties involved, rather than the traditional model of all power going to and from an electricity supplier.
What are the benefits of a GreenStream P2P?
Additional value and £ income for the generator
Maximise revenue by selling electricity directly to consumers and achieve better prices compared to traditional PPA.
Shared Value
The matched organisation benefits from the “direct relationship” and transparency in the P2P relationship.
Simplicity
Contractual simplicity and upside relative to the complexity of a CPPA.
Reduced Credit Exposure
Shorter duration contracts and potential for aggregation of off-takers.
Future UK Renewable Investment and Unsubsidised Projects via GreenStream Direct
It’s important to remember that newly built assets will be unsubsidised.
Through GreenStream CPPAs and P2P PPAs, we make them viable without government subsidies.
This represents a genuine alternative to the Contracts for Difference (CfD) scheme. To be clear, CfDs are not the only avenue for developers to secure the funding they require. Now, developers can also consider the GreenStream Direct service as an alternative funding source for renewable energy generation.