DESIGNING WIND AND SOLAR POWER PURCHASE AGREEMENTS TO SUPPORT GRID INTEGRATION

Power purchase agreements (PPAs) represent one of many institutional tools that power systems can use to improve grid services from variable renewable energy (VRE) generators. This fact sheet introduces the concept of PPAs for VRE generators and provides a brief summary of key PPA components that can facilitate VRE generators to enhance grid stability and serve as a source of power system flexibility.