Energy Supply

THE SAFEST WAY TO MAXIMISE REVENUE AND ACCELERATE YOUR ROI

Chief Commercial Officer Dr Mo Hajhashem on UrbanChain’s P2P PPAs vs traditional PPAs

Today’s energy market, as we step firmly into 2022, is no place for traditional Power Purchase Agreements (PPAs) with single credit backing. They are simply no longer secure in these unprecedented times of energy market volatility. And among those losing out are power producers.

UrbanChain exists as a solution to the energy market’s broken model - and works for all market participants.

Our Peer-to-Peer (P2P) energy exchange is an AI/Blockchain based system that enables local generators to be matched with local consumers. There is a merit order for hyper-local, local, regional and national generators.

Our system handles the matching, exchange, invoicing and balancing the market based on merit order.

Traditional PPAs are currently failing due to their link to the wholesale market and the risk of volatile gas prices.

They are secured based on a single credit assessment, i.e. arranging the relationship between one generator and one off-taker in one contract - and don’t cover subsidies so are not suitable for newly built assets.

Current practice in today’s energy market is multi-layered with agents in the middle, meaning the deal isn’t financially maximised for either power producers or corporate consumers.

Through UrbanChain’s P2P PPA, revenue streams are secured in a collectively guaranteed deal to enable higher returns on average.

Put simply, our P2P PPAs are designed to benefit from collective credit to safeguard and optimise renewable investments.

It’s important to remember that newly-built assets are also mostly unsubsidised. And our P2P PPAs make them viable without government subsidy.

This is why now is the time to make a safe, secure and simple switch to UrbanChain. www.urbanchain.co.uk