Danielle Garbien will speak at the Solar + Wind Finance & Investment Summit. Danielle will moderate a panel discussion on “Accounting for Offtaker Sustainability Goals in RFPs & PPAs.”
As the renewable industry digests the changes wrought by the IRA and recent IRS guidance, offtakers are finding their own challenges adjusting to the new normal. Developers need more structured information on energy and sustainability goals, both on the investment and the offtaker side. You will find answers to the questions below from this panel discussion:
- What are corporate and utility industry plans and needs today, and are they different post-IRA? What’s in RFPs now, and how are they changing?
- What’s new in the REC market? Is the negotiation different when an offtaker wants both power and RECs? Is there a way to claim renewable benefits by buying tax credits? Can additionality be claimed through transferability? Is ESG and disclosure influencing the cost of financing?
- Rising development costs and longer timelines: How are costs and delays understood by offtakers, and are they risk sharing? How are risks being incorporated into new deal structures, and what are the current risks that offtakers are comfortable with?
- How sensitive are offtakers to transmission delays, and how are negotiations and provisions changing to accommodate delays?