TFGM Virtual Power Purchase Agreement (vPPA)
What the buyer wrote
Transport for Greater Manchester (‘TfGM’) is seeking to enter into a virtual Power Purchase Agreement (‘vPPA’) with a supplier (‘the Supplier’) to meet its clean energy goals, and reduce price volatility risk from its energy portfolio. TfGM has a clear set of objectives for the vPPA procurement and is looking to engage with interested developers who can meet the following requirements: * Power generation to meet demand of between 35 and 42 GWh annually. * Delivery of a vPPA with a target Commerical Operations Date (COD) no later than 30 June 2029. * A ‘pay-as-produced’ vPPA contract structure, for the supply of wind power (onshore or offshore) or solar power. * A vPPA term of 15 years, wit…
Details
- What the buyer calls it
- TFGM Virtual Power Purchase Agreement (vPPA)
- How they are buying
- Advertised, then negotiatedThe buyer talked terms with bidders rather than taking fixed offers.
- Type
- goods
- Where
- in the North West
Who the buyer named
The buyer published a contact address on this notice.