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Financial Analysis of Virtual Power Purchase Agreements
Posted by Morgan White on July 15, 2020
To better understand the costs and benefits of a potential large-scale off campus clean energy purchase, F&S and iSEE funded an analysis by CustomerFirst Renewables to identify the approximate financial impact the U of I could expect for entering into a Virtual Power Purchase Agreement (PPA) for 90,000 MWh/year of clean energy. A Virtual PPA would allow the campus to purchase Renewable Energy Certificates (RECs) at a lower cost than a regular RECs with additionality purchase. The final report (with some confidential information hidden) is attached here.