365 PPAs: Reliable renewable energy from wind and solar
For industries seeking reliable, sustainable energy, Statkraft’s 365 PPA delivers renewable electricity from wind and solar to meet all or part of your needs. Designed for energy-intensive businesses, this solution ensures cost control and supports your climate goals with year-round stability, shielding you from market volatility.
What is a 365 Power Purchase Agreement (PPA)?
A 365 Power Purchase Agreement (PPA) is a tailored energy procurement solution that combines different renewable energy sources, such as wind and solar, to match an industrial company's specific demand profile throughout the year. This innovative approach ensures a consistent and reliable energy supply, in alignment with the company's unique consumption patterns.
Whether your business has a "baseload" energy demand profile, like a paper manufacturer, or experiences higher demand during weekdays versus weekends, such as rubber and plastic manufacturers, or has a higher demand during the day versus night, like fast-moving consumer goods manufacturers, we have you covered. Our ability to tailor-make PPAs around your specific demand profile ensures that your energy needs are met efficiently and cost-effectively, no matter the industry.
How a 365 PPA Works
Statkraft’s 365 PPA provides a stable, renewable energy supply from wind and solar, tailored for your business. Whether you’re in manufacturing or consumer goods, our 365 PPA solution can be tailored to your specific load profile
Paper manufacturing
(more or less baseload)
Rubber and plastic goods
(higher demand during weekdays)
Food production
(higher demand during the day)
- We analyse your energy usage to understand your consumption patterns.
- We design a wind and solar mix to cover all or part of your needs.
- We optimise for stability, minimizing market risks and ensuring efficiency.
The magic of a 365 PPA
The magic of a 365 PPA lies in the combination of technologies. By leveraging a mix of solar panels and wind turbines, it optimizes real-time coverage of energy demand, significantly reducing the hours and volume of oversupply. How so? Solar panels generate energy during daylight hours and are particularly productive in summer, while wind turbines compensate at any time, including cloudy days, and have their highest production in winter. This synergy ensures that energy needs are met efficiently, throughout 365 days a year.
Customization and predictability
A 365 PPA is customized to fit the company's specific demand profile, providing a stable energy supply at a predictable cost. This not only enhances operational efficiency and planning but also contributes to a significant reduction in the company's carbon footprint.
Sustainability goals
By sourcing a substantial portion of energy from renewable sources, companies can make a meaningful impact on their sustainability goals, including achieving Scope 2 targets. Scope 2 targets focus on reducing indirect emissions from the consumption of purchased electricity, steam, heating, and cooling, making renewable energy procurement a key strategy.
Flexibility and risk management
Flexibility and risk management are also key benefits of a 365 PPA. The agreement offers various pricing mechanisms, delivery shapes, and combinations of assets, allowing companies to manage risks associated with energy procurement effectively. This flexibility ensures that the energy solution remains adaptable to changing needs and market conditions.
What are the key benefits of a PPA?
PPAs unlock a series of benefits designed to increase the competitiveness of energy-intensive industries, such as:
- Predictability: secure tailored PPAs at low costs with declining LCOEs.
- Improve Business Resiliency: ensure energy security, also through physical supply and flexible solutions.
- Hedge Against Risks: Hedge against rising and fluctuating energy prices and market volatility.
- Manage Compliance: Always be at par with the latest regulatory frameworks and make the most out of it.
- Sustainability: reach sustainability targets with certified CO2 emission reduction (Scope 2).
- Impact: Enable renewable growth, making a significant impact at a global scale, while preserving the environment and future generations to thrive.
Watch our Webinar: The Benefits of a 365 PPA
Watch our expert-led webinar to explore the financial, operational, and sustainability benefits of year-round renewable power.
Request a Tailored Offer
Ready to power your business with reliable renewable energy? Contact our experts to design a 365 PPA tailored to your needs.
Certified renewable energy: optional or standalone
Enhance your 365 PPA with Guarantees of Origin (GoOs) to certify renewable energy use, supporting Scope 2 reporting, RE100, and GHG Protocol goals. GoOs are available bundled with your PPA or as a standalone purchase to align existing electricity use with renewable credentials, ensuring reliable sustainability claims.
- Supports Scope 2 emissions reporting.
- Aligns with RE100 and GHG Protocol.
- Enables credible sustainability claims.
Customer stories
Mercedes Benz: Unique collaboration sets new green standard in the automotive industry
100% renewable energy, around the clock. This is not science fiction but rather the reality, as automotive brand Mercedes-Benz and Statkraft prove with their collaboration.
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The power of partnerships: Statkraft and Alcoa
The energy crisis in 2022 forced Alcoa to make the difficult decision to close one of three production lines at the Lista aluminium plant. Collaboration and power agreements with Statkraft helped them...
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The power of partnership: Statkraft and Boliden
Boliden’s zinc factory has been located at Odda for over 100 years. Find out how power agreements with Statkraft played an important role in securing a record-breaking investment in the zinc plant ...
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Statkraft signs 10-year wind power agreement with Neste in Finland
(Oslo, Norway/Espoo Finland, 1 September 2021) Statkraft and industrial company Neste have signed a 10-year power purchase agreement enabling the Finnish company to reduce greenhouse gas emissions wi...
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