AAE prices followed a sharp downward trend last week. The Pexa Euro Composite hat fell 3.2 percent during calendar week 44. After 36.95 euros/MWh on 23 October, a week later, the index was only 35.75 euros/MWh (30 October). Even 3.9%, the Pexa Germany gave way: the index lost 1.50 euros/MWh in one week, and not on October 30 at 37.25 euros/MWh. Depending on the regulation and market environment, different situations may occur, in which AAEs are a favourable form of financing or a stabilizing factor in long-term delivery. Electricity purchase agreements are long-term agreements between a buyer and a renewable energy producer that allow the purchaser to obtain long-term electricity directly or indirectly at a price level agreed upon by both parties. Assessing the value of an EAC model deserves to be considered from the operator`s point of view. We spoke with the experts Kai Imolauer and RA Joachim Held of R-dl-Partner. It is a practical control system that can help operators make decisions. Synthetic AAEs decouple the physical flow of electricity from the financial flow. This will further increase the flexibility of contractual agreements. With respect to synthetic chaining contracts (also known as sPPAs), producers and consumers agree on a price per kilowatt-hour of electricity, as does a physical AAE.
However, electricity is not delivered directly to the consumer from the power generation facility. Instead, the producer`s energy service provider (for example. B an electricity distributor) takes the electricity generated in its clearing group and acts (in the short-term electricity markets, to cite an example). The consumer`s energy supplier (for example. B, a municipal plant) obtains exactly the power profile that the manufacturer makes available to its energy service provider on behalf of the PPA consumer partner, the purchase being made on a platform such as the spot market. In the synthetic AAE, this flow of electricity is now supplemented by what is called a differential contract. In this contract, the AAEs parties aim to compensate for the difference between the agreed price of AAEs and the actual spot market price. This means that each counterparty in the AEA has two cash flows: one with the energy service provider concerned and the other with the AAE contractor. In any event, the payments add up to the price of the AAEs set at the beginning and offer both parties the desired price guarantee. Without direct physical delivery between the contracting parties (such as an AAE on site) and without a direct link between them (such as an off-site AAE), this is a simple and administratively economical AAE.