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Community Choice Aggregation (CCA), also known as Community Choice Energy, municipal aggregation, governmental aggregation, electricity aggregation, and community aggregation, is an alternative to the investor-owned utility energy supply system in which local entities in the United States aggregate the buying power of individual customers within a defined jurisdiction in order to secure ...
A power purchase agreement (PPA), or electricity power agreement, is a long-term contract between an electricity generator and a customer, usually a utility, government or company. [1] [2] PPAs may last anywhere between 5 and 20 years, during which time the power purchaser buys energy at a pre-negotiated price.
Electricity provider switching is difficult once the consumer is in one of these contracts, unless they are close to the end of a fixed price contract. However, as of January 2010 there is a maximum termination penalty allowed. [2] A very important element in switching electricity providers in Ontario is understanding the Global Adjustment. [3]
Participant homes are powered with renewable energy either from solar panels or from Octopus Energy. [27] In June 2024, German companies Enpal and Entrix announced plans to create Europe's largest Virtual Power Plant (VPP). The VPP will integrate a large number of decentralized energy resources including solar panels, batteries, and electric ...
The Texas power market is deregulated and on its own electricity grid. But the actual price that consumers pay depends on the type of contract they have with their provider.
In December 2010, the Government introduced plans to reform the electricity market. [4] The Electricity Market Reform (EMR) introduced both a capacity market to incentivise reliable generation and Contracts for Difference to provide revenue certainty to developers investing in low carbon and renewable energy, but at a lower cost that the Renewables Obligation.