Power purchase agreements

Power purchase agreements (PPAs) are also known as power supply and power offtake agreements. Statkraft is a leading provider of PPAs throughout Europe and offers various contract models.

Illustration of power production, storage and agreements

PPAs for plant operators, project developers and investors

We offer PPAs suitable for all intermittent energy sources and flexible assets as well as projects that are bank or equity-financed to enable their development:

different pricing models and durations of contract,
turnkey optimisation for flexible generation,
physical or financial.

Would you like to learn more about PPAs?

PPAs for commercial and industrial companies

PPAs are power supply contracts. In addition to matching individual procuremenent strategies, power purchase agreements are excellent hedging instruments and provide risk mitigation for your portfolio:

different delivery models and contract durations,
tailored pricing schemes to accommodate your supply and hedging strategies,
with or without guarantees of origin,
Statkraft can cover up to 100 per cent of the electricity consumption with renewable energy.

Statkraft matches the needs of all parties

One of the challenges in the energy market is that owners of renewable plants and power consumers do not have the same needs. One wants uninterrupted supply, the other can only sell power when it is produced according to weather conditions.

To resolve this conflict, Statkraft meets the needs of both parties:

Offering predictability and security of supply to consumers thanks to a large portfolio of power plants combining water, solar and wind to ensure a steady supply.
Providing financial predictability and security for plant owners through the ability to generate stable, predictable revenues.

Photo: Lars Petter Pettersen

Since 1895

Statkraft offers sustainable green energy solutions globally based on our 125 years of expertise in developing, building and operating hydropower, solar and wind installations.

Leader in PPAs

In Europe, we are the no. 1 producer of renewable power and a leading provider of power purchase agreements. We are Norwegian state-owned and have an A- credit rating.

These companies trust us

Kemira

Statkraft and Kemira, provider of sustainable chemical solutions for water-intensive industries, have entered two long-term power purchase agreements. The latest PPA secures an annual delivery of almost 44 GWh renewable energy until 2031 to Kemira’s production facilities in Finland.

To the press release

Neste

Statkraft and industrial company Neste have signed a 10-year power purchase agreement enabling the Finnish company to reduce greenhouse gas emissions with power from a Finnish wind farm under construction. The annual total volume of the wind PPA is approximately 215 GWh.

Customer Story

lightzone

Umicore

Statkraft and Umicore have signed a ten-year wind PPA, covering parts of the needs of their Kokkola site in Finland, where Umicore produces parts for rechargable batteries used for electric cars.

To the press release

Related content

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Green energy solutions

A steadily growing number of our customers are committed to becoming climate-neutral. We provide tailor-made strategies and solutions to achieve your goal.

Photo: Statkraft

Power purchase agreements (PPAs) help to strengthen the development of renewable power.

Explained: Power purchase agreements (PPA)

A power purchase agreement is a contract between a producer (seller) and a consumer (buyer) of energy. In recent years it has developed into a win-win solution for maintaining and building renewable energy assets without subsidies.

A new level of credibility for PPAs

Imagine innovative and tailor-made solutions to support your company in delivering on your sustainability targets. In 2020, Daimler and Statkraft have inked a deal on an industrial scale including a highly credible and sustainability-driven concept for a 24/7 PPA called "Pure Statkraft PPA".

Co-development breeds innovation: Tailor-made PPAs

Imagine running an industrial company with green energy exclusively – 24 hours a day. This idea is already a reality. Statkraft Originator Dr. Klaas Bauermann answers questions about one of Statkraft’s most innovative products yet.