Price Offtake Agreements
See how both buyers and sellers price thousands of ERCOT PPAs and BESS tolls, including yours.
Track how buyers price PPAs and BESS tolls in ERCOT over time
Quantify key risks and attributes
Compare offer prices from sellers
Adjust each chart by key terms
Enter a unique shape and terms to evaluate your specific offtake agreement
Doron Jacob Szportas
Owner, Sky Community Solar
Use Cases
Developers and
Independent Power Producers
Wholesale Originators and
Energy Procurement Professionals
Sophisticated Methodology
Our pricing model combines reputable third-party data with proprietary pricing intel from our marketplace.
Learn MoreHaving audited RenewaFi’s valuation methodology myself, I was pleased to find that it employs widely accepted statistical methods to provide unbiased and neutral estimates of standardized PPAs in ERCOT. I expect this tool will become an important resource for the renewables industry in general and originators in particular.
FAQ
RenewaFi’s price tracker provides the first, neutral valuations of ERCOT PPAs and BESS tolls, bringing price transparency to these traditionally opaque markets. The tracker includes both high-level composites, as well as more detailed charts for specific hubs, technologies, contract durations, and start dates. The price tracker also indicates how actual PPA and BESS toll offers from our marketplace were priced relative to their value.
The green premium represents the difference between the value and the average price of similar offers on RenewaFi’s marketplace at any given point. To calculate the average offer price, we filter marketplace data for offers with the same delivery point, COD, technology, and term length. We then calculate a moving average with a 30-day lookback.
Our model uses industry best practices and was developed in consultation with industry experts. The key inputs come from reputable sources like ERCOT and the largest electricity contract brokers in the world. We also make certain of our calculations, like our scalars, available upon request. In addition, the tracker is powered by actual activity from our marketplace of hundreds of originators. Our marketplace features over 1,400 bids and offers, representing dozens of GW of potential PPAs and BESS tolls, and is the only resource that has bid prices from the world’s most reputable offtakers. We ensure the accuracy of our model by testing its outputs against these bids.
We worked with reputable consultants, including Guidepost Energy, to develop and audit the methodology. We also beta tested it with about a dozen of our market participants.
The price tracker updates every day.