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A Virtual PPA is a multiannual, bilateral contract for renewable energy from a specific power plant. It is only available where there is a wholesale market, and the supplier does not physically deliver the energy to the customer. The power produced by the plant is made available and sold to the reference electricity market. The customer does not physically receive the energy produced by the plant but continues to receive it from its retailer. The spot market price is variable and different from the price agreed by the customer and the supplier in the PPA. If the PPA price is lower than the market price, the customer will receive the difference for the energy produced by the plant from the supplier. If the PPA price is higher than the market price, the customer will pay the difference to the supplier. The customer receives certificates that guarantee the green origin of the energy. Virtual PPAs are the best solution for businesses with multiple sites, allowing the customer to keep th
