APPENDIX B: SYNTHETIC POWER PURCHASE AGREEMENTSPower Purchase Agreements • February 23rd, 2021
Contract Type FiledFebruary 23rd, 2021A Synthetic Power Purchase Agreement (PPA) is a leading option for the Council to offset carbon emissions from electricity consumption. It is a financial mechanism which bears similarity to the Contracts for Difference mechanism used to support the development of new and “Additional” largescale renewable energy projects.