RWE Supply and Trading and Npower Business Solutions have announced their collaboration regarding Power Purchase Agreements (PPAs). The aim is to offer Npower customers PPAs for renewable energies in the future.

The two companies have signed a memorandum of understanding which will provide RWE with an additional route to market for its renewable generation.

Olaf Lubenow, head of commodity solutions UK, North- & South-Europe of RWE Supply and Trading said: “RWE is well positioned to meet the growing global demand for green power. The combination of our broad asset base and our strength in trading and origination allows us to tailor green PPAs to specific customer needs.”

RWE currently accounts for around 15 per cent of all electricity generated in the UK, with an operational portfolio of onshore wind, offshore wind, hydro, biomass, and gas, amounting to around 10GW pro rata of installed. The company expects to invest up to £15bn in new green technologies and infrastructure in the UK by 2030.

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