With corporate contracting for large-scale wind and solar projects in the U.S. reaching a record 14.1 GW day-ahead , a renewables boom is being driven by virtual power purchase agreements (VPPAs). These deals, contrasted with physical agreements, allow corporate buyers to focus on preferential projects, either for cost or environmental reasons. their renewables portfolio means that voluntary renewables purchases now make up over a quarter of U.S. renewables-generated electricity sales. While physical PPAs deliver energy to the local grid, O'Shaughnessy can be tailored to specific territories where appealing market prices can be achieved. Members of the Renewable Energy Buyers Alliance have built 4.8 GW of renewable capacity, many of them using VPPAs.
With corporate contracting for large-scale wind and solar projects in the U.S. reaching a record 14.1 GW day-ahead , a renewables boom is being driven by virtual power purchase agreements (VPPAs). These deals, contrasted with physical agreements, allow corporate buyers to focus on preferential projects, either for cost or environmental reasons. While physical PPAs deliver energy to the local grid, O'Shaughnessy can be tailored to specific territories where appealing market prices can be achieved. Members of the Renewable Energy Buyers Alliance have built 4.8 GW of renewable capacity, many of them using VPPAs.