Summary of Contract Structures
Previous“Virtual Hybrid” (stand-alone storage)NextHybrid Project (co-located CFE generation & storage)
Last updated
Last updated
Approach | Source of PECs | Customer of PECs |
---|---|---|
Full Contract – Bilateral “Virtual Hybrid”
Low-Impact PEC Agreement with Corporate Buyer or Utility with an Operational Asset
High-Impact PEC Agreement with the same party.
Full Contract – Trilateral
PEC Agreement with Renewable Generator
Offtake PEC Agreement with Corporate Buyer or Utility
Supplier Contract Only
PEC Agreement with Renewable Generator
Sell high-impact PECs on Marketplace
Offtaker Contract Only
Buy low-impact PECs on Marketplace
Offtake PEC Agreement with Corporate Buyer or Utility
Full Merchant
Buy low-impact PECs on Marketplace
Sell high-impact PECs on Marketplace