BESS offtake agreements play a critical role in securing stable revenue streams, mitigating market risks, and underpinning the financial stability of projects. If you're involved in the development, procurement, or management of renewable energy and BESS projects, this article is for you. It provides a deep dive into the nuances of offtake agreements and offers insights to help guide decision making.
An emerging concept of 24/7 Carbon-Free Electricity (CFE) is expected to help enable the next stage of grid decarbonisation and further support the concept of hourly based energy markets. A cornerstone of this approach are Granular Certificates (GCs) for renewable energy, a tool designed to bridge the gap between ambition and action. We explain the key concepts and their role in supporting climate priorities.
Recent milestone decisions in Article 6 and CORSIA markets have been eagerly awaited and welcomed by carbon market participants. Coupled with tightening global compliance, they represent a significant opportunity for project developers and provide all market participants, including investors and corporate buyers with greater confidence to make decisions – a critical factor to stimulating supply. We discuss the latest developments and present a blueprint to leverage the opportunity.
