Leaders demonstrate exceptional development, strong supplier relationships, and a sustainable business model
BOULDER, Colo., Aug. 25, 2022 /PRNewswire/ -- A new report from Guidehouse Insights examines the competitive landscape for power purchase agreement (PPA) online platforms.
PPA originated in the US in the late 1980s as a means of electricity market deregulation, but the recent growth of renewable projects has seen its application skyrocket. The world has pledged to reach net-zero CO2 emissions by the mid-21st century, which has increased pressure on full decarbonization in the energy sector. According to a Leaderboard report from Guidehouse Insights, Schneider Electric, Enel X, Level Ten Energy, and Pexapark are the leading power purchase agreement online platforms.
"With a PPA, renewable energy generators can secure funding; investors have a new source of profit in the energy market; and consumers get a renewable energy supply that can help fulfill their decarbonization commitments," says Yuchen Hu, research analyst with Guidehouse Insights. "Digital platforms that incorporate knowledge and expertise from traditional PPA solutions, combined with advisory services, will facilitate and accelerate PPA transactions as well as renewable energy capacity growth."
High upfront costs, increasing costs of raw materials, and unsure returns hinder the switch to renewable energy generators, and thus the renewable energy transition. PPAs are a way to mitigate those risks. With much of the world pledging to 100% renewable electricity, the PPA market has huge growth potential, as does the market for PPA online platforms. Leaders clearly differentiate themselves from the competition through exceptional development, strong supplier relationships, and a sustainable business model, according to the report.
The report, Guidehouse Insights Leaderboard: Power Purchase Agreement Marketplace Solution Providers, identified 10 PPA online platforms that provide pre-PPA transaction services. They cover a wide range of specialties covering physical and financial corporate PPAs, utility PPAs, and retail PPAs, with long-term and short-term options. The Leaderboard assesses these online platforms using a range of criteria on Strategy and Execution. An executive summary of the report is available for free download on the Guidehouse Insights website.
Guidehouse Insights, the dedicated market intelligence arm of Guidehouse, provides research, data, and benchmarking services for today's rapidly changing and highly regulated industries. Our insights are built on in-depth analysis of global clean technology markets. The team's research methodology combines supply-side industry analysis, end-user primary research, and demand assessment, paired with a deep examination of technology trends, to provide a comprehensive view of emerging resilient infrastructure systems. Additional information about Guidehouse Insights can be found at www.guidehouseinsights.com.
Guidehouse is a leading global provider of consulting services to the public sector and commercial markets, with broad capabilities in management, technology, and risk consulting. By combining our public and private sector expertise, we help clients address their most complex challenges and navigate significant regulatory pressures focusing on transformational change, business resiliency, and technology-driven innovation. Across a range of advisory, consulting, outsourcing, and digital services, we create scalable, innovative solutions that help our clients outwit complexity and position them for future growth and success. The company has more than 13,000 professionals in over 50 locations globally. Guidehouse is a Veritas Capital portfolio company, led by seasoned professionals with proven and diverse expertise in traditional and emerging technologies, markets, and agenda-setting issues driving national and global economies. For more information, please visit www.guidehouse.com.
* The information contained in this press release concerning the report, Guidehouse Insights Leaderboard: Power Purchase Agreement Marketplace Solution Providers, is a summary and reflects the current expectations of Guidehouse Insights based on market data and trend analysis. Market predictions and expectations are inherently uncertain and actual results may differ materially from those contained in this press release or the report. Please refer to the full report for a complete understanding of the assumptions underlying the report's conclusions and the methodologies used to create the report. Neither Guidehouse Insights nor Guidehouse undertakes any obligation to update any of the information contained in this press release or the report.
For more information, contact:
Cecile Fradkin
+1.646.941.9139
[email protected]
SOURCE Guidehouse Insights
WANT YOUR COMPANY'S NEWS FEATURED ON PRNEWSWIRE.COM?
Newsrooms &
Influencers
Digital Media
Outlets
Journalists
Opted In
Share this article