Scaling renewable energy quickly demands new financing mechanisms.
Power Purchase Agreements (PPAs) provide long-term price stability that helps new renewable projects secure financing, helping renewable energy grow in step with demand.
As more renewable energy comes online, we need to manage its variability.
Reducing reliance on fossil fuels also requires smarter consumption.
On-site solar and batteries enables businesses to use renewable energy at the moment it’s produced. Meanwhile, optimizing consumption to periods when clean energy is abundant helps lower demand for fossil fuels.
Additionality
Reel PPAs integrate additionality, helping to ensure the creation of new renewable capacity that would not have occurred without the PPA.
Deliverability
Reel sells electricity with a focus on deliverability, improving the probability that the renewable energy businesses procure is generated close enough in location and time to feasibly supply their consumption.
Biodiversity
Reel works with energy developers to foster biodiversity at renewable energy sites, ensuring that two go hand in hand.
Smart-siting
Reel helps businesses develop on-site energy production, reflecting the smart-siting principle which calls for placing renewable energy projects where they have the least impact on nature, nearby communities, and agriculture.
Flexibility
Reel optimizes renewable energy production, so it flexibly adapts to consumption, grid conditions, and prices - with the goal of reducing emissions, balancing the grid, and maximising value.