Day: May 7, 2025
Stockholm Exergi extends landmark carbon removal agreement with Microsoft
Stockholm Exergi today announced that it has signed a contract with Microsoft extending the already existing ten-year agreement of 3.33 million tonnes to 5.08 million tonnes of permanent carbon removals from Bio-energy with carbon capture and storage (BECCS) at Värtan, Stockholm. At 500,000 tonnes annually, the extended contract represents the world’s largest agreement for permanent…
Read MoreVirtual Power Purchase Agreements on the Rise: Benefits, Challenges, and Credit Considerations
Summary This commentary explores virtual power purchase agreements (Virtual PPAs), which have shown significant growth and offer benefits to both electricity buyers and sellers, but there are some downsides as well. We also highlight the key differences between Virtual PPAs and physical delivery PPAs (Physical PPAs). Key Highlights — The Virtual PPA is a flexible…
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