Summary
With Feed-in-Tariffs being replaced and grid parity achieved in many regions, today renewables are traded in the open market and have become investments that are significantly more complex, technical and volatile. Thus, the post-tariff market has created a major issue for many investors, who are having difficulty measuring and supervise the revenues of their assets. Corporate Power Purchase Agreements (PPAs) has emerged as an effective and vital new route to finance renewable energy assets, however structuring PPAs is quite complex, resulting to high search and transaction costs for market participants. In a market that is volatile, non-transparent and dependent on variables such as weather, renewable investors are in need of solutions to help them manage revenue and risks of their power sales.
PEXA®connect disrupts how renewable energy markets are organized today. It introduces the first renewable energy trading platform that provides all pre-sales preparation services, as well as after-sales services to facilitate energy sales/PPA transactions at a fingertip. It introduces a new business model that accompanies investors through the entire PPA process and offers them an all-in-one solution to take control of their assets. In summary, it substantially increases market efficiency by reducing the currently very high search (counterpart) and transaction costs.
PEXA®connect disrupts how renewable energy markets are organized today. It introduces the first renewable energy trading platform that provides all pre-sales preparation services, as well as after-sales services to facilitate energy sales/PPA transactions at a fingertip. It introduces a new business model that accompanies investors through the entire PPA process and offers them an all-in-one solution to take control of their assets. In summary, it substantially increases market efficiency by reducing the currently very high search (counterpart) and transaction costs.
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More information & hyperlinks
| Web resources: | https://cordis.europa.eu/project/id/866950 |
| Start date: | 01-05-2019 |
| End date: | 31-08-2019 |
| Total budget - Public funding: | 71 429,00 Euro - 50 000,00 Euro |
Cordis data
Original description
With Feed-in-Tariffs being replaced and grid parity achieved in many regions, today renewables are traded in the open market and have become investments that are significantly more complex, technical and volatile. Thus, the post-tariff market has created a major issue for many investors, who are having difficulty measuring and supervise the revenues of their assets. Corporate Power Purchase Agreements (PPAs) has emerged as an effective and vital new route to finance renewable energy assets, however structuring PPAs is quite complex, resulting to high search and transaction costs for market participants. In a market that is volatile, non-transparent and dependent on variables such as weather, renewable investors are in need of solutions to help them manage revenue and risks of their power sales.PEXA®connect disrupts how renewable energy markets are organized today. It introduces the first renewable energy trading platform that provides all pre-sales preparation services, as well as after-sales services to facilitate energy sales/PPA transactions at a fingertip. It introduces a new business model that accompanies investors through the entire PPA process and offers them an all-in-one solution to take control of their assets. In summary, it substantially increases market efficiency by reducing the currently very high search (counterpart) and transaction costs.
Status
CLOSEDCall topic
EIC-SMEInst-2018-2020Update Date
27-10-2022
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