Unlocking wholesale renewable energy by reducing intermittency risk.
In our ongoing efforts to innovate for our clients in the area of energy and environmental risk management, the team has been working hard on this platform to bring utility-scale renewable energy projects directly to corporate energy buyers. Large energy users are able to be the greatest beneficiaries of this new model which would provide easier, direct access to a selection of longer-term pricing risk management and power purchase options that can be integrated with existing Retailer energy agreements.
As Australia’s leading Wholesale Energy and Environmental Markets team, with wide reaching relationships across energy buyers, retailers, and project developers, the Renewable Energy Hub is uniquely placed to be your partner in delivering firmed renewables to the market.
RE Hub Firming Exchange is innovativing and sourcing firming products for intermittent renewable generators (solar, wind) in order to further unlock wholesale renewable energy contracting. Our relationships with large corporates and energy retailers enables us to not only work on creating these firming products, but also to secure long-term contracts directly with customers.
Solar firming product
Renewable Energy Hub launched its first 'solar firming product' in collaboration with an electricity retailer in April, 2018, as part of contracting a 50MW corporate PPA for a Victorian solar farm.
The aim of the firming exchange is to provide a marketplace for firming products (physical or financial) to reduce the risk associated with contracting with wholesale renewables. Products to be offered through the firming exchange includes:
We expect to launch our online Firming Exchange by July 2018. In the interim - we are still working hard on enabling deals and building other firing products - so do contact us today.