ENERES Co., Ltd

ENERES Co., Ltd. will begin offering two new off-ite PPA services on May 11, 2026, designed for companies pursuing decarbonization by linking electricity and environmental attributes to market prices. The new services consist of a Market-Linked Physical PPA and a Non-CfD Virtual PPA, both utilizing renewable energy sourced through ENERES’ FIP Transition Support program.

■Background to the Service Launch

In some regions, the pricing of conventional PPAs has not been competitive with prevailing electricity rates, making long-term procurement of renewable energy difficult. To address this issue, ENERES developed new PPA offerings utilizing FIP power sources procured by the Company, enabling easier adoption by customers. Customers can procure power sources that match their needs under flexible contracts with a minimum term of one year and market-linked pricing.

■Market-Linked Physical PPA

This service provides electricity and environmental attributes from power sources secured under long-term procurement agreements by ENERES at market-linked prices. Electricity pricing is linked to the Japan Electric Power eXchange (JEPX) spot price, which fluctuates every 30 minutes, while environmental attribute pricing is linked to the latest auction clearing price on the same exchange.

Feature 1: Easy adoption with contract terms starting from just one year
　　　　　* However, contracts may be terminated early in the event of a significant surge in market prices 　or similar circumstances.
Feature 2: Highly transparent pricing for both electricity and environmental attributes
Feature 3: Power source tracking available under a bilateral contract with ENERES

■Non-CfD Virtual PPA

This service provides only the environmental attributes associated with power sources secured by ENERES under long-term procurement agreements. Its key feature is that, while structured as a virtual PPA involving the purchase of environmental attributes only, it eliminates the risk associated with contract-for-difference (CfD) settlements.

Feature 1: Easy adoption with contract terms starting from just one year

Feature 2: Simple auction-linked pricing with no CfD settlement risk

Feature 3: Power source tracking available under a bilateral contract with ENERES

* Under the RE100 Technical Criteria, this scheme is classified not as a “virtual PPA” but rather as the procurement of Energy Attribute Certificates (EACs) and similar instruments.

In addition to its conventional fixed-price PPA offerings, ENERES will expand customer choice by introducing these new pricing options, thereby supporting broader adoption of renewable energy and contributing to the realization of a carbon-neutral society.