Tag: ppas

From Chaos to Consensus: Evolving Static Term Sheets to Dynamic Deals

Posted on May 6, 2026 by - Blog

Emma Marjollet, Customer Success Manager, Market Development

The clean energy industry has long been haunted by the “Bilateral Abyss”. For years, developers, hedge providers, and corporate buyers have navigated this space through fragmented emails, unverified spreadsheets, and “handshake” deals that lack public price signals. When market dynamics shift faster than a 12-year contract can be drafted, the old way of doing business isn’t just “complicated”—it’s a financial risk.

At REsurety, we’ve brought the offline “as-generated” power market online with CleanTrade—the industry’s first transaction platform built to institutional, regulated standards.

By moving procurement & risk management into a SaaS environment, we aren’t just changing where deals happen; we’re changing how fast they move. Here is how CleanTrade’s Term Negotiation and Contracting Module are collapsing the distance between a “maybe” and a finalized deal.

Cutting Through the Noise with Streamlined Term Negotiation

The journey toward a signed agreement often stalls before it even begins because benchmarking “fair value” is nearly impossible without available data. CleanTrade solves this through the price transparency and liquidity offered in Market Depth, allowing participants to broadcast intent and discover real-time pricing without an immediate binding obligation.

Whether you are a seller marketing an offer or a buyer running a RFQ, the platform allows you to engage with counterparties on term sheet negotiations ensuring there aren’t uncrossable spreads on key items early in conversations with counterparties. 

Anonymity & security: Sellers can market projects while masking sensitive details, revealing their identity only after they choose to counter or accept a proposal.

Early viability: Centralizes view of critical files, including Interconnection Agreements and Environmental Site Assessments (ESA), to provide a real-time health check of project maturity.

The ‘non-binding’ advantage: Accepting terms within the Transactions tab acts as a non-binding digital term sheet. It signals mutual interest and alignment on commercial fundamentals before engaging legal teams.

All trading activity is consolidated on the Buyer and Seller Dashboard, which act as a command center and make it easy to track multiple negotiations through a single view. 

The Transactions workflow enables the first step towards reaching alignment on key commercial terms. This means that both parties acknowledge that they’ve reached a non-binding term sheet, and agree to move forward with negotiating the full terms and conditions of the agreement.

Ready to see the full picture? Request a demo below to instantly unblur these views and book a deep-dive session with our CleanTrade experts.

DISCLAIMER: This blog post contains information related to REsurety and the commodity interest derivatives services and other services that REsurety provides. Any statements of fact in this presentation are derived from sources believed to be reliable, but are not guaranteed as to accuracy, nor do they purport to be complete. No responsibility is assumed with respect to any such statement, nor with respect to any expression of opinion which may be contained herein. The risk of loss in trading commodity interest derivatives contracts can be substantial. Each investor must carefully consider whether this type of investment is appropriate for them or their company. Please be aware that past performance is not necessarily indicative of future results.

This material is intended for informational purposes only. REsurety does not provide research reports as defined under CFTC Regulation 1.71, and this material should not be construed as a recommendation or advice with respect to any commodity interest transaction.

From Chaos to Consensus: Evolving Static Term Sheets to Dynamic Deals

Posted on May 6, 2026 by - Uncategorized

Emma Marjollet, Customer Success Manager, Market Development

The clean energy industry has long been haunted by the “Bilateral Abyss”. For years, developers, hedge providers, and corporate buyers have navigated this space through fragmented emails, unverified spreadsheets, and “handshake” deals that lack public price signals. When market dynamics shift faster than a 12-year contract can be drafted, the old way of doing business isn’t just “complicated”—it’s a financial risk.

At REsurety, we’ve brought the offline “as-generated” power market online with CleanTrade—the industry’s first transaction platform built to institutional, regulated standards.

By moving procurement & risk management into a SaaS environment, we aren’t just changing where deals happen; we’re changing how fast they move. Here is how CleanTrade’s Term Negotiation and Contracting Module are collapsing the distance between a “maybe” and a finalized deal.

Cutting Through the Noise with Streamlined Term Negotiation

The journey toward a signed agreement often stalls before it even begins because benchmarking “fair value” is nearly impossible without available data. CleanTrade solves this through the price transparency and liquidity offered in Market Depth, allowing participants to broadcast intent and discover real-time pricing without an immediate binding obligation.

Whether you are a seller marketing an offer or a buyer running a RFQ, the platform allows you to engage with counterparties on term sheet negotiations ensuring there aren’t uncrossable spreads on key items early in conversations with counterparties. 

Anonymity & security: Sellers can market projects while masking sensitive details, revealing their identity only after they choose to counter or accept a proposal.

Early viability: Centralizes view of critical files, including Interconnection Agreements and Environmental Site Assessments (ESA), to provide a real-time health check of project maturity.

The ‘non-binding’ advantage: Accepting terms within the Transactions tab acts as a non-binding digital term sheet. It signals mutual interest and alignment on commercial fundamentals before engaging legal teams.

All trading activity is consolidated on the Buyer and Seller Dashboard, which act as a command center and make it easy to track multiple negotiations through a single view. 

The Transactions workflow enables the first step towards reaching alignment on key commercial terms. This means that both parties acknowledge that they’ve reached a non-binding term sheet, and agree to move forward with negotiating the full terms and conditions of the agreement.

The End-to-End Workflow of the Contracting Module

Once the commercial “handshake” is digitized, the Contracting Module takes over to alleviate the traditional headaches of legal redlining. This expedites time-to-value, collapsing a 12-month manual process into a high-velocity digital transaction.

Standardized starting points: CleanTrade provides “down-the-middle” form documents drafted by top law firms, ensuring you aren’t starting from scratch.

Real-time collaboration: The module acts as a shared workspace where authorized traders and legal counsel can make direct edits, track changes, and pass the “virtual pen” back and forth.

Automated compliance: CleanTrade is built to swap execution facility (SEF) standards, which means we make it easy to recreate any transaction through our auditable trail.  Furthermore, CleanTrade handles automated Dodd-Frank reporting to the CFTC, keeping your transactions compliant without the administrative burden.

The Result: Evaluate Opportunities & Negotiate Transactions with Confidence

By integrating data-driven insights with a regulated order book, CleanTrade ensures that every stakeholder—from the CFO, to Corporate Counsel, to the Sustainability Lead—can benchmark value and negotiate with confidence on every screen. We aren’t just making PPA transactions “easier”; we are providing the digital infrastructure necessary to evolve from static spreadsheets and to meet the demands of the market today.

The clean energy community is moving fast. We can’t wait to show you even more of CleanTrade and how it can be game changing for your business. Any questions in the meantime? Email [email protected].

DISCLAIMER: This blog post contains information related to REsurety and the commodity interest derivatives services and other services that REsurety provides. Any statements of fact in this presentation are derived from sources believed to be reliable, but are not guaranteed as to accuracy, nor do they purport to be complete. No responsibility is assumed with respect to any such statement, nor with respect to any expression of opinion which may be contained herein. The risk of loss in trading commodity interest derivatives contracts can be substantial. Each investor must carefully consider whether this type of investment is appropriate for them or their company. Please be aware that past performance is not necessarily indicative of future results.

This material is intended for informational purposes only. REsurety does not provide research reports as defined under CFTC Regulation 1.71, and this material should not be construed as a recommendation or advice with respect to any commodity interest transaction.

The Growth of Operational Power Offtake Demands Visible, Accessible Pricing Data

Posted on April 15, 2026 by - Blog

Mikhail Sharov, Associate Analyst

The PPA market is maturing. Three forces are concurrently pushing the market towards higher-velocity, shorter-term transactions for operational projects.

1. Aging projects = more exposure to market volatility

In 2026, the volume of “aging” projects – those that reached commercial operations over a decade ago – will exceed 100 GW. A number of these projects have their original offtake agreements expiring, or set to expire, shortly. For the infrastructure investors holding these now-merchant assets, bearing exposure to wholesale power prices is out of line with their risk aware investment mandates – and can make it difficult to sell assets to future buyers.

2. Operational projects = more predicatable, faster to transact, and more competitive pricing- but no additionality

We’re seeing corporate buyers increasingly turn to operating projects for procurement, as the operating projects can represent lower risk, faster speed, and better priced opportunities to procure clean power. While greenfield projects offer additionality, the greenfield price premium is becoming harder to ignore and the other benefits to operating projects are real in an age of policy and supply chain uncertainty. Our data shows that PPA costs are, on average, $11/MWh lower for operating projects than for greenfield ones, holding all else equal.

3. Secondary PPA market = risk management for corporate buyers

Corporate PPA buyers have historically accepted what some call a “Win-Win-Loss” scenario: a Win for sustainability claims, a Win for long-term hedging, but a Loss in the form of short-term P&L swings. This is because virtual PPAs (vPPAs) often settle at wholesale prices that don’t align with a company’s retail load, so they can introduce financial volatility month to month and quarter to quarter.

Sophisticated buyers are now using the secondary PPA market to support their sustainability budgets for the next 1–5 years by hedging out of the financial settlement of their PPA near-term, removing that potential third loss while keeping their RECs and long-term hedges intact. By entering into hedges in this secondary market, corporates are trying to manage their settlement risks more effectively, potentially freeing up risk budget for more energy purchases or other corporate activities. 

These three market forces are converging to rapidly change the clean energy offtake market, driving a 130% increase in bids and offers for operational projects in the last six months alone.

Reports = REsurety data + insights

The competition for offtake is intensifying as the market matures, operational activity picks up, and new market participants, like commodity trading firms, enter the space. 

To provide insight into these rapidly changing market dynamics, we’re excited to be releasing our latest product offering, CleanSight Reports. 

Our new Reports section in the CleanSight platform brings together our robust proprietary data with strategic guidance. Our first report, the State of the Market for Clean Power Offtake, leverages data directly from REsurety’s CleanTrade, the only CFTC-approved transaction platform for PPAs. We are able to provide insight into real-world, transactable bids and offers, exposing market activity in a way that hasn’t been visible before. You’ll  be able to access clear, informative charts, paired with big-picture insights to support decision-making across your organization.

Whether you are re-contracting an aging fleet or hedging a volatile corporate portfolio, transparency to help navigate this shift is finally here.

Contact us below or email [email protected] to access the full State of the Market report and see how our new intelligence offerings can support your strategy:

DISCLAIMER: This blog post contains information related to REsurety and the commodity interest derivatives services and other services that REsurety provides. Any statements of fact in this presentation are derived from sources believed to be reliable, but are not guaranteed as to accuracy, nor do they purport to be complete. No responsibility is assumed with respect to any such statement, nor with respect to any expression of opinion which may be contained herein. The risk of loss in trading commodity interest derivatives contracts can be substantial. Each investor must carefully consider whether this type of investment is appropriate for them or their company. Please be aware that past performance is not necessarily indicative of future results.

This material is intended for informational purposes only. REsurety does not provide research reports as defined under CFTC Regulation 1.71, and this material should not be construed as a recommendation or advice with respect to any commodity interest transaction.

Beyond the Bilateral Abyss: Bringing the Offline “As-Generated” Power Market Online.

Posted on March 20, 2026 by - Blog

Gabby Visconti, Customer Success Manager, CleanTrade

“Complicated.”

“Slow.”

“How do I source a good project?”

“Where can I find the right offtakers for my project?”

“Market dynamics shift way faster than a 10-year deal structure could allow. How do I make a PPA work for me?”

At REsurety, we work with companies grappling with these questions on a daily basis. 

On top of these logistical questions, recognizing the signals from the noise in the energy market has never been harder: with a structural squeeze in the power market creating explosive demand against the backdrop of an aging grid and an ever-growing queue of projects waiting to connect – it’s hard to make decisions confidently. Clean energy has never needed more optionality when it comes to trading capabilities, and so many clean energy stakeholders are stuck in the past. Without a federally regulated platform, stakeholders are navigating uncharted waters via bilateral negotiations. These “handshake” deals lack a public price signal, making it nearly impossible for CFOs to benchmark “fair value.”

But now, the real-time data needed to make these decisions is available in an accessible, SaaS format via CleanTrade.This article breaks down what stakeholders on the CleanTrade platform can expect – whether you’re a seller, a buyer, or an investor. We demystify what it means to join the CleanTrade platform – which just surpassed $30 billion in notional value – and the value of bringing clean energy procurement online for the industry. We provide a sneak peek of the tool so you can see for yourself.

The Seller Experience: Turning Project Chaos into Market Opportunity

For developers, the transition from a “new build” or “operational” project to a bankable contract is often hindered by a mountain of tedious, unverified data. CleanTrade acts as a sophisticated filter, turning over 30-60 distinct field inputs—from technology specs and ISO interconnection points to EPC agreements and energy studies—into a structured “Project Passport.”

Dynamic Market Signaling: Sellers can instantly broadcast “Active” offers to the Market Depth view, reaching all qualified buyers simultaneously while maintaining strategic anonymity.

Structured Document Repository: Centralizes view of critical files, including Interconnection Agreements and Environmental Site Assessments (ESA), to provide a real-time health check of project maturity.

Strategy Iteration: Allows sellers to copy and edit offers in real-time to test different price points or tenors against current buyer appetite.

The Buyer Experience: Targeted Procurement at Scale

For Corporates and Utilities, the Buyer Dashboard replaces the “waiting game” with a proactive RFQ engine. Buyers define specific needs—filtering by ISO, technology, and settlement point—and manage their portfolio from a single landing page.

Position Management: A centralized hub to manage active bids and trade history without the need to re-key critical position data.

Standardized Market Depth: Eliminates “apples-to-oranges” comparisons by providing transparent visibility into seller offers that are standardized and verified.

Seller Interest View: Delivers a curated view of offer records that precisely match the buyer’s specific RFQ criteria, providing vital competitive intelligence.

The Path from Signal to Signature: Why Indicative Posts Matter

The journey on CleanTrade begins with an Indicative Post, providing a flexible bridge between market discovery and final execution. This allows participants to signal bona fide intent and gain real-time price discovery without an immediate binding obligation.

Budgeting & Exposure: Use indicative posts to signal “fair value” and align internal budgets with current market realities while gaining exposure and direct access to a global network of counterparties.

Structured Chat: Once a match is found, participants use a digital record to lock in final variables like capacity and price.

Institutional Velocity: Anonymity is preserved until terms are refined, and automated notifications ensure the “back-and-forth” that used to take weeks is resolved in minutes.

By centralizing complex information and fulfilling federal regulatory obligations within a modern SaaS environment, CleanTrade replaces the friction of legacy bilateral negotiations with institutional-grade efficiency—effectively turning market chaos into fundamental value and collapsing the traditional 12-month “manual marathon” into a high-velocity digital transaction.

Ready to see more? Reach out and a member of our sales team will be in touch.

CleanTrade – Request a Demo

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DISCLAIMER: This blog post contains information related to REsurety and the commodity interest derivatives 

services and other services that REsurety provides. Any statements of fact in this presentation are derived from sources believed to be reliable, but are not guaranteed as to accuracy, nor do they purport to be complete. No responsibility is assumed with respect to any such statement, nor with respect to any expression of opinion which may be contained herein. The risk of loss in trading commodity interest derivatives contracts can be substantial. Each investor must carefully consider whether this type of investment is appropriate for them or their company. Please be aware that past performance is not necessarily indicative of future results.

This material is intended for informational purposes only. REsurety does not provide research reports as defined under CFTC Regulation 1.71, and this material should not be construed as a recommendation or advice with respect to any commodity interest transaction.