Tips for Large Energy Consultants

Renewable energy has moved beyond the experimental phase.

Economies of scale have reduced the investment costs to the so-called “grid parity” level, the level at which renewable electricity is cheaper than the standard power from the grid.

Due to this, massive investments are flowing to renewables. In 2017, 61% of all power production capacity that was added in the world was renewable.

And the investment costs continue to decline. Interestingly, we’ve recently seen a sharp decline in the cost of batteries. These could become a key infrastructure to deal with the problems of intermittent wind and solar power production.

To finance renewable power investments, suppliers are offering Power Purchase Agreements (PPA’s) to large consumers.

These are agreements where you buy electricity directly from the (renewable) producer.

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