A Hedge structure is when Lightsource bp is committed for a fixed number of  megawatt hours (MWhs) for every month over a 12-year time period. This structure is different from a standard unit-contingent or as generated PPA because it is a fixed shape. If the solar facility does not generate the committed number of MWhs, Lightsource bp must go out and buy electricity from the market to hit that committed value to the Energy Buyer. If the solar facility overproduces, Lightsource bp can sell those excess MWhs into the market.

 

Available products with a Hedge:

  • Energy
  • Environmental attributes
  • Capacity
  • Ancillary services

Location: Project can be located anywhere, but locating within settlement zone/hub reduces basis risk.

Typical customers: Swap or Hedge providers

Advantages:

  • Cost savings
  • Risk mitigation
  • Long term electricity stability and predictability

 

Learn more about partnering with us