When PPAs are getting more and more important, so does keeping an eye on what the market is doing and how prices are developing. Here is a solution to that situation:
Based on Pexapark’s proprietary simulation engine, Pexaquote calculates prices for a number of standard offtake deal structures (annual baseload, monthly baseload and pay-as-produced) across most relevant geographies and tenors. Prices are updated daily based on current electricity market data and reflect all pricing components, including risk-based price adjustments. The platform facilitates negotiations by putting transaction prices at a fingertip, providing relevant frame of reference guaranteed to be in line with market rates.
Pexaquote also has a Get Quote function, which submits an anonymous pricing request to select offtakers. In addition to supporting the energy stakeholders in the negotiation process, Pexaquote provides insights into what is going on in the market as well as reporting on the latest transactions.
Pexapark have contributed to the European Renewable Energy Buyer's Toolkit. (mfo)
Here, in case you missed them, are Part 1 and Part 2 of this week's series.