|
|
|
|
|
Retail Supplier Signs 10-Year PPA For Up To 15 MW Of Geothermal Power
The following story is brought free of charge to readers by VertexOne, the exclusive EDI provider of EnergyChoiceMatters.com
Ormat Technologies Inc. announced the signing of a 10-year Power Purchase Agreement (PPA) with Calpine Energy Solutions
Under this agreement, Calpine Energy Solutions will purchase up to 15 megawatts (MW) from Ormat's Mammoth 2 geothermal power plant located near Mammoth Lakes, California, to support demand within its retail portfolio.
Energy deliveries under the PPA are set to begin in the first quarter of 2027 and will replace an existing PPA with Southern California Edison
"Notably, the new PPA, which includes an increase in production capacity and a higher price point, highlights the tight supply-demand balance of carbon-differentiated electricity in California, driven by state Renewable Portfolio Standards (RPS) compliance needs and voluntary corporate demand," Ormat said
ADVERTISEMENT ADVERTISEMENT Copyright 2025 EnergyChoiceMatters.com. Unauthorized copying, retransmission, or republication
prohibited. You are not permitted to copy any work or text of EnergyChoiceMatters.com without the separate and express written consent of EnergyChoiceMatters.com
January 23, 2025
Email This Story
Copyright 2025 EnergyChoiceMatters.com
Reporting by Paul Ring • ring@energychoicematters.com
NEW Jobs on RetailEnergyJobs.com:
• NEW! -- Manager / Director of Sales, PJM Commercial
|
|
|
|
|