ELECTRICITY SUPPLY


SWITCH generates electricity for utilities, communities, mines, commercial and industrial end users. Our power projects and the electrons we produce are generated through sustainable power generation technologies such as wind, solar, and natural gas. They are connected and distributed through the utility grid (transmission and distribution networks), through micro-grids (remote communities and mines), and through direct physical supply. In many cases, beyond utility scale, our power generation facilities provide electricity as a service, tailored to a customer’s needs and aligned with both their operational and corporate objectives.

We develop, construct and operate power projects and connect to the local grid network. Where applicable, the Power Purchase Agreement (PPA) is settled according to market reference price and contract price, and in conjunction with market specific regulations. Otherwise noted as a contract for difference, the structure can be comprised of floors or ceilings, and include a variety of attributes such as electricity, environmental attributes, and supplementary nuances inclusive of the market design.

With virtual or financial PPAs, you can power (or offset) multiple loads with a single project no matter the location (within the referenced market). Each PPA is tailored individually with each counterparty and structured according to each of the off-takers characteristics, energy requirements, corporate objectives, and related terms and conditions.

Value Drivers

  • Economies of scale
  • Competitive projects
  • Long-term power hedge
  • Potential large energy supply (bundled)
  • Tailored agreement

We will design the custom renewable plant, which will interconnect directly to your electrical system and will be located on – or nearby – your facility. We bear the cost of installation and manage and operate the renewable asset.

The electricity supply price will be based on the specific facility characteristics and commercial mechanisms and is guaranteed with a long-term hedge. A typical PPA agreement is between 10 and 30 years, depending on requirements, and may include a variety of purchase and renewal options to avoid any balance sheet asset consolidation.

Value Drivers

  • Direct supply
  • Reliability of supply, minimizing curtailment issues or outages
  • Savings on grid distribution and transmission tariffs
  • Power market long-term hedge to minimize wholesale market price volatility
  • Tailored renewable energy facility and agreement
  • Renewable energy credits/offsets
  • Marketing benefits