PPAs have changed. Most Operating Models haven’t.

Wind turbines generating electricity at sunrise over a flat landscape, with power lines visible in the background.

For years, power purchase agreements were treated as financial instruments: priced, signed, and left alone. That model no longer holds. Today, the value of a PPA is not determined at the point of signature, but through continuous operational execution. What was once a contract has become a service, and many energy companies are not structured […]