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What is a PPA?
A PPA stands for a Power Purchase Agreement which is a contractual agreement to purchase renewable energy directly from the generator.
At Co-operative Energy, we focus on helping and encouraging community owned generation sites; currently over 60% of our PPAs are set up with community sites. We can set up a PPA with a range of technology types, such as Hydro, Solar, Wind and Anaerobic Digestion.
We have a number of PPAs currently in place and by having these, it assists with enabling us to offer our customers the option of choosing to be on a “Green Pioneer Tariff” and contribute to a green environment. We are always trying to increase our renewable energy source so we can offer green solutions for our electricity customers.
Co-operative Energy does not just only purchase renewable electricity, but also supports and promotes local schemes and co-operatives. An example of one of these inspiring initiatives is Energy Local which allows generation sites to provide its local neighbours with cheaper energy alternatives. See this video of the Energy Local initiative based in Bethesda.
Some of our community led sites:
Background about some of the sites:
The Westmill Wind Farm Co-op was the first 100% community owned onshore wind farm to be built in the South East of England. Annually the farm will produce around 10.2GWh which translates to and average of 2’500 homes. Potentially avoiding 5’000 tonnes of C02.
Bethesda Energy Local is a new way to enable local communities to work together to pool their locally owned generation and manage local demand to reduce bills and C02, find out more about the Hydro site and scheme by clicking here.
Neen Sollars Community Hydro is a 12.5kW hydroelectric installation at Tetstill Mill, Neen Sollars on the River Rea. The project is funded by a co-operative share issue and owned by local people. It will produce green electricity to the local electrical grid, providing around 20% of the domestic power use in Neen Sollars.
Southill Community Energy (SCE) is a ‘community benefit society’. It is run by a community of members, and aims to encourage, inspire and empower local people and organisations to reduce their carbon emissions. Our first project is Southill Solar which will provide renewable energy for 25 years. Profits from Southill will be used to fund local low-carbon projects – reducing energy use from buildings, food, transport and consumption and educating ourselves, our community and others as we go.