Energy Community to spur renewable PPAs amid rising interest
Date: September 18th 2023
Author: Maja Žuvela
The Energy Community will pick a consultant in October to spur renewable energy power purchase agreements (PPAs) amid growing interest from the nine contracting parties, its renewable energy expert Naida Taso told Montel on Monday.The Energy Community, which helps transpose the EU’s internal energy market rules to its members through a legally binding framework, aims to facilitate the deployment of renewables needed to meet energy and climate targets by selecting a consultant.
“Our idea is to try to find some tools outside the state support schemes that will attract private investment and contribute to increasing the share of renewables,” Taso said in an interview with Montel.
Guarantees of originTaso explained that the project is closely linked to the Energy Community’s project for guarantees of origin (GOs).
“Basically GOs are essential for renewable PPAs and corporate PPAs as they prove the link between renewable energy producers and consumers, and provide traceability that allows industry to show they are consuming renewables,” said Taso.
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