Physical or Virtual Power Purchase Agreement—what’s the difference? A Physical Purchase Agreement (PPA) is a contract between the power supplier and off-taker to provide physical energy at a specific site on the power grid, which is then transmitted to the off-taker’s energy account. The agreed upon price for the lifetime of the PPA is typically…

Even though the winter temperatures of 2021-2022 were warmer than usual, January ended that streak as the second coldest January in the past 10 years. As the temperatures across the Northeast dropped, the demand for electricity spiked, and this tug of war between supply and demand naturally led electricity futures higher across most ISOs. These…