How the Viridor Power Purchase Agreement works
If you are a Local Authority with energy generating facilities, our Energy Services team can help you create more value for your community from the energy that you generate. Our Power Purchase Agreement (PPA) is perfectly suited to the needs of local authorities, enabling you to benefit from trading as part of a larger energy portfolio.
Being part of the largest embedded generation portfolio in the UK can bring significant value to your organisation. We access the lowest cost PPA on the market, then sell energy when prices are high.
Not only that, we can also help local authorities that have already reduced the amount of waste going to landfill through energy recovery, turning that into valuable funding for your local services and providing an important boost for your CSR credentials.
Why choose a PPA from Viridor?
A Viridor Energy PPA gives smaller generators the opportunity to sell their electricity through Viridor’s team – and effectively benefit from being part of a much bigger energy portfolio. Our PPA service also comes with support from an experienced energy team. We have already delivered significant value to the Viridor energy portfolio, now we’re able to draw on that experience to support your business with every aspect of being a generator: from risk management and broader energy management through to data handling, supplier relationship management and settlement validation.
With more flexibility than a standard PPA, the Viridor PPA offers the ability to lock in prices for months, quarters and seasons ahead of delivery when budget aspirations are met by wholesale market pricing and gives greater flexibility for generators to optimise at times when spot market prices are high.
Ours is the lowest cost PPA on the market. On average, operating costs will amount to less than 1% of your power price. We want to make sure more of the power revenue reaches you – and this is reflected by the fact that we pass through more of the embedded benefits received from the electricity you provide.
We can contract for up to two years ahead at any time, which means you’ll be able to secure value opportunities that last if market pricing rises. This contract length also provides the opportunity to review and improve your strategy over a mature time frame.
Our dedicated team are here to support you. They will take care of the daily management of your energy generation, always keeping you well informed but leaving you free to concentrate on your core business. We can also assist in the sale of ROCs or provide Capacity Market support if you require it.