cLARITY Power Purchase agreement 2/6 Clarity Power Purchase Agreement Our Clarity PPA is designed for generators that want to get paid market reflective prices. The Clarity PPA recognises that your output can be variable and enables you to renominate your output up to two days before delivery within an agreed volume tolerance. The prices paid are linked to a published wholesale market index. e-factsheet B2B-PPA-CLARITY-0517 © Copyright EDF Energy Customers plc 2017. All rights reserved. 3/6 Clarity ClarityPower PowerPurchase PurchaseAgreement Agreement 5 years 1 month The main features of this contract are: • Control over when, and how long, you generate for • Clear, transparent prices based on a recognised, published index (e.g. N2EX or SSP) • Contract duration between 1 month to 5 years Clarity PPA • Near term reforecasting enabling active management to deliver within volume > 250 MWh per year • Ability to sell your ROCs and REGOs CONTROL Energy Output Variable e-factsheet B2B-PPA-CLARITY-0517 © Copyright EDF Energy Customers plc 2017. All rights reserved. Your forecast Short-term FLEXIBILITY Management Semi- active CERTAINTY Expertise Semi-expert 4/6 Clarity Power Purchase Agreement How does it work? The Clarity PPA meets the needs of generators able to control their output, with their own view on market prices, and looking for a market reflective price for their output. This contract enables you to maximise your output but retain flexibility in how and when to forecast your output. Volume tolerances are agreed upfront so that you are clear on your contractual obligations before you commit. You can also sell your ROCs and REGOs within the Clarity PPA. Why choose this option? Our Clarity PPA suits generators who want to get paid a market reflective price. With this contract, your business has complete clarity over the price you sell your energy at; and the price paid reflects the wholesale market conditions throughout the contract. This ensure that you will always benefit from rising wholesale prices, but equally have the control over when to generate and when not to generate which may be useful in a falling market. e-factsheet B2B-PPA-CLARITY-0517 © Copyright EDF Energy Customers plc 2017. All rights reserved. This contract is suitable for generators exporting more than 250 MWh per year. A volume tolerance may be applicable and will be agreed prior to contract signature. Is the Clarity PPA right for me? If electricity generation is a core element of your business, you will want to choose the right time to export and maximise your return. If your main driver is flexibility with a market reflective price, the Clarity PPA provides you with the framework to ensure that you can export your power when you want to. As the Clarity PPA is directly linked to the electricity wholesale market price, your business is not guaranteed a fixed price for your output; if budget certainty is important to you, consider our Certainty PPA as an alternative. 5/6 How do I get started? We have a number of contract options for your business; if you think that our Clarity PPA is right for you, get in touch with the Export Team to discuss how we can help. Call us on: 0845 525 0029 or email us at: [email protected] e-factsheet B2B-PPA-CLARITY-0517 © Copyright EDF Energy Customers plc 2017. All rights reserved. 6/6 e-factsheet - a better way of working Why an e-factsheet? At EDF Energy we are committed to using the most sustainable working practices wherever possible and this includes when delivering communications to our customers. E-factsheets significantly reduce the volume of printed material we need, reducing our carbon footprint. Our customers appreciate e-factsheets because they offer timely delivery of easy to access information in an ideal format for the modern screen based working environment. edfenergy.com/largebusiness To view our fuel mix visit edfenergy.com Legal Disclaimer • The material in this presentation is provided for information purposes only. It is provided solely for the information of the recipient and should not be reproduced, copied or circulated to any other party. It does not constitute or shall be deemed to constitute: – the provision of financial or other advice; and/or – making an offer or recommendation to invest or otherwise deal in shares or any other securities or to enter into any other transaction. • EDF Energy does not represent or warrant that the information provided is accurate, comprehensive, up-to-date, verified or complete, and shall have no liability whatsoever for the accuracy of the information or for omission therein or for any reliance placed on the information or use made of it by any person. • This presentation may incorporate information provided to EDF Energy by third party sources, including (without limitation) market reports. EDF Energy provides no representations or warranties, and shall have no liability, as to the accuracy or completeness of information from those sources. • The figures presented are merely indicative and cannot be and are not guaranteed and are not binding in any way. Anyone participating in this presentation should take appropriate steps to verify the information and opinions contained within it and seek their own independent advice (financial or otherwise) before acting upon anything contained within it. • EDF Energy shall not be liable for any claims or losses of any nature (including, without limitation, punitive or indirect or consequential loss or damages, or any loss of income, profits, goodwill, data, business opportunity, contracts, or damages arising from any business interruption, arising indirectly or directly, whether in tort, contract or otherwise, from access to or use of the information or otherwise howsoever arising (except to the extent required by law). Nothing in this document shall exclude or limit EDF Energy’s liability for death or personal injury caused by negligence or any liability for fraud. EDF Energy Customers plc with registered number 2228297. EDF Energy 1 Limited with registered number 3986835. Registered offices at 40 Grosvenor Place, Victoria, London, SW1X 7EN Incorporated in England and Wales. EDF Energy 1 Limited acts as agent of EDF Energy Customers plc for the purposes of collecting all payments in connection with its supply contracts. The responsibility for performance of supply obligations rests with EDF Energy Customers plc. e-factsheet B2B-PPA-CLARITY-0517 © Copyright EDF Energy Customers plc 2017. All rights reserved.
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