The I-SEM delay may give renewables generators some pause for thought in relation to Power Purchase Agreements (PPA) or trading contracts. Six months gives more time for any open negotiations on PPAs to continue and we believe some key risks will need to be negotiated. However, negotiations on many contracts may have advanced with 23 May in mind.
This week’s blog explores the potential options for imbalance risk allocation within PPAs moving into I-SEM.