PPA: stability and reliability through long-term power purchase agreements
Power purchase agreements (PPAs), also known as long-term electricity purchase agreements, provide predictability and stability in changing and volatile markets. At Fortum, we enable access to low-carbon electricity sourced from our reliable renewable and nuclear generation assets located in Finland, Sweden and Norway.
- Providing long-term agreements for price and supply predictability.
- Supplying electricity from wind, solar, hydro, and nuclear sources.
- Supporting energy needs and business development with proven expertise.
PPA with Fortum
Nordic assets
Our wide range of production assets in the Nordics ensure reliability and stability in your energy supply—even for large-scale projects.
Power purchase agreements
In our PPAs, we provide various profiles including pay-as-produced for wind and solar energy, as well as annual and monthly baseload options for hydro and nuclear power.
Flexibility
Additionally, we offer market access through balancing services, particularly beneficial for wind parks, and assist in monetising the flexibility of your assets through Fortum's Spring flexibility services.
Decarbonisation is a joint effort
PPAs foster long-term relationships between energy providers and customers, spanning several years. This not only ensures a stable energy supply but also promotes collaboration in addressing evolving energy needs and technological advancements. PPAs can also help renewable power developers with guaranteed revenue streams, and hence facilitate the deployment of low-carbon energy projects. We continuously work together with our customers to adapt to changing market dynamics optimising our customers’ energy solutions.
Unlocking low-carbon hydrogen solutions together
At Fortum, we see the value in collaborative efforts to decarbonise traditional industries. Partnering with us grants you access to our deep expertise in renewable and nuclear power, industrial site development and hydrogen. RFNBO and low-carbon hydrogen, produced from renewable or nuclear electricity, offer a viable alternative to fossil fuels and raw materials in industry, transportation and energy sectors. We continuously seek industry partners to advance the development of the hydrogen economy.
Download our whtepaper on Cost-effective hydrogen production in the Nordics | Fortum
Renewable energy PPA: driving decarbonisation
A renewable energy PPA is a powerful tool for accelerating the shift to low-carbon energy procurement and supporting decarbonisation. A renewable energy PPA supports the growth of low-carbon energy projects, fostering the construction of new renewable capacity while enabling the retirement of carbon-intensive assets.
Choosing a renewable energy PPA from new renewable projects allows you to participate directly in the energy transition by sourcing your electricity from renewable sources, adding the amount of renewable energy to the power system and hence contributing to a more sustainable and low-carbon future.
Success with a PPA
Powering green steel: Fortum and Stegra Co-operation
Baseload nuclear power helps Swedish industry to reduce carbon emissions at a competitive price
Ink or paint: What is really drying in the PPA market?
Numbers we are proud of
Generation capacity
9286 MW
of our power generation is from renewables and nuclear
99%
Our ready to build wind and solar power pipeline by 2026
800 MW
Related services
Guarantees of origin
Power hedging and trading
Industrial site development
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Frequently asked questions
PPA is a contractual arrangement between a power generator and purchaser, where the latter agrees to purchase electricity from the producer at a predetermined price and duration. PPAs are pivotal in electricity markets for securing stable long-term energy supply for consumers.
PPAs offer numerous benefits. They provide financial certainty for both producers and consumers, as the energy prices are agreed on with a long-term contract. PPAs can also enable investments in both in renewable energy projects such as wind farms or renewable hydrogen projects as they provide financial predictability for the projects.
Fortum offers a reliable and flexible options for power purchase agreements. With a strong presence in the Nordics and a diverse portfolio of low-carbon energy assets, Fortum provides tailor-made PPAs to meet your specific needs.
By partnering with Fortum, you can access competitively priced renewable and nuclear electricity, helping to switch away from fossil fuels.
For large industrial customers, securing a reliable and cost-effective electricity supply is essential for their operations. Power purchase agreements serve as a cornerstone in meeting this need by providing long-term contracts for purchasing electricity directly from low-carbon and renewable energy sources.
Cost-effective hydrogen production in the Nordics
Discover why the Nordic countries are uniquely positioned to lead in renewable hydrogen and its derivatives — and how their clean energy mix offers a competitive edge for RFNBO production.