{"id":101103,"date":"2022-12-06T11:07:11","date_gmt":"2022-12-06T11:07:11","guid":{"rendered":"https:\/\/lightsourcebp.staging.1int.co.uk\/?page_id=101103"},"modified":"2024-02-15T20:31:51","modified_gmt":"2024-02-15T20:31:51","slug":"hedge","status":"publish","type":"page","link":"https:\/\/lightsourcebp.staging.1int.co.uk\/us\/energy-solutions\/hedge\/","title":{"rendered":"Hedge"},"content":{"rendered":"<section class=\"block-page-title bg-color-white\">\n  <div class=\"pt-60 pt-lg-100\"><\/div>\n\n  <div class=\"container\">\n    <div class=\"row\">\n      <div class=\"col-12\">\n                <h1 class=\"fg-color-gradient\">Hedging energy prices<\/h1>\n      <\/div>\n    <\/div>\n  <\/div>\n\n  <div class=\"pt-60 pt-lg-100\"><\/div>\n<\/section>\n  \n\n\n<section class=\"banner-single position-relative\">\n  <div class=\"container-fluid\">\n    <div class=\"row\">\n      <div class=\"col-12 px-0\">\n                <div class=\"position-relative w-100 h-100 aspect-ratio-banner object-fit-cover\">\n          <picture>\n                    <source srcset=\"https:\/\/assets.lightsourcebp.staging.1int.co.uk\/app\/uploads\/2022\/12\/28165524\/DJI_0676-1920x800-1-450x188.jpg, https:\/\/assets.lightsourcebp.staging.1int.co.uk\/app\/uploads\/2022\/12\/28165524\/DJI_0676-1920x800-1-1000x417.jpg 2x\"\n                          media=\"(max-width: 575px)\">\n                    <source srcset=\"https:\/\/assets.lightsourcebp.staging.1int.co.uk\/app\/uploads\/2022\/12\/28165524\/DJI_0676-1920x800-1-1000x417.jpg, https:\/\/assets.lightsourcebp.staging.1int.co.uk\/app\/uploads\/2022\/12\/28165524\/DJI_0676-1920x800-1.jpg 2x\"\n                          media=\"(min-width: 576px) and (max-width: 991px)\">\n                    <source srcset=\"https:\/\/assets.lightsourcebp.staging.1int.co.uk\/app\/uploads\/2022\/12\/28165524\/DJI_0676-1920x800-1.jpg, https:\/\/assets.lightsourcebp.staging.1int.co.uk\/app\/uploads\/2022\/12\/28165524\/DJI_0676-1920x800-1.jpg 2x\"\n                          media=\"(min-width: 992px)\">\n                    <img loading=\"lazy\" decoding=\"async\" src=\"https:\/\/assets.lightsourcebp.staging.1int.co.uk\/app\/uploads\/2022\/12\/28165524\/DJI_0676-1920x800-1.jpg\" alt=\"\"\n                       srcset=\"https:\/\/assets.lightsourcebp.staging.1int.co.uk\/app\/uploads\/2022\/12\/28165524\/DJI_0676-1920x800-1.jpg 2x\"\n                       sizes=\"auto, 100vw\"\n                       class=\"position-absolute w-100 h-100 left-0 top-0 object-fit-cover\"\n                       width=\"1920\"\n                       height=\"800\">\n                <\/picture>\n        <\/div>\n              <\/div>\n    <\/div>\n  <\/div>\n<\/section>\n\n\n<section class=\"text align block_523302abda7ec018f3be0431e8dfc9ff block bg-color-white position-relative z-1 overflow-hidden\">\n    <div class=\"pt-60 pt-lg-100\"><\/div>\n\n  \n  <div class=\"container \">\n    <div class=\"row\">\n      <div class=\"col-12 col-md-9\">\n        <span class=\"rich-text standard-text fg-color-navy-text\">\n          <h2><span class=\"TrackChangeTextInsertion TrackedChange TrackChangeHoverSelectColorRed SCXW101561790 BCX0\"><span class=\"TextRun SCXW101561790 BCX0\" lang=\"EN-US\" xml:lang=\"EN-US\" data-contrast=\"auto\"><span class=\"NormalTextRun CommentHighlightClicked TrackChangeHoverSelectHighlightRed SCXW101561790 BCX0\">Hedge contracts and renewable energy procurement<\/span><\/span><\/span><\/h2>\n<p>In a renewable energy contract with a hedge structure, Lightsource bp is committed for a fixed number of\u00a0 megawatt hours (MWhs) for every month over a set time period. This structure is different from a standard unit-contingent or as generated power purchase agreement (PPA) because it is a fixed shape. If the solar facility does not generate the committed number of MWhs, Lightsource bp must go out and buy electricity from the market to hit that committed value to the Energy Buyer. If the solar facility overproduces, Lightsource bp can sell those excess MWhs into the market.<\/p>\n\n        <\/span>\n      <\/div>\n    <\/div>\n  <\/div>\n\n  <div class=\"pt-15 pt-lg-15\"><\/div>\n<\/section>\n\n\n<section class=\"image align block_8543f7b92ac02bbb8c4531a8f6ed8ff9 block\">\n  <div class=\"pt-15 pt-lg-15\"><\/div>\n\n  <div class=\"container \">\n    <div class=\"row\">\n      <div class=\"col-12 image-block__image\">\n        <picture><source srcset=\"https:\/\/assets.lightsourcebp.staging.1int.co.uk\/app\/uploads\/2022\/12\/28165520\/Y8d3e8OQ-Hedge_PPA_graphic-1536x588-1.png 1536w, https:\/\/assets.lightsourcebp.staging.1int.co.uk\/app\/uploads\/2022\/12\/28165520\/Y8d3e8OQ-Hedge_PPA_graphic-1536x588-1-300x115.png 300w, https:\/\/assets.lightsourcebp.staging.1int.co.uk\/app\/uploads\/2022\/12\/28165520\/Y8d3e8OQ-Hedge_PPA_graphic-1536x588-1-1024x392.png 1024w, https:\/\/assets.lightsourcebp.staging.1int.co.uk\/app\/uploads\/2022\/12\/28165520\/Y8d3e8OQ-Hedge_PPA_graphic-1536x588-1-80x31.png 80w, https:\/\/assets.lightsourcebp.staging.1int.co.uk\/app\/uploads\/2022\/12\/28165520\/Y8d3e8OQ-Hedge_PPA_graphic-1536x588-1-150x57.png 150w, https:\/\/assets.lightsourcebp.staging.1int.co.uk\/app\/uploads\/2022\/12\/28165520\/Y8d3e8OQ-Hedge_PPA_graphic-1536x588-1-450x172.png 450w, https:\/\/assets.lightsourcebp.staging.1int.co.uk\/app\/uploads\/2022\/12\/28165520\/Y8d3e8OQ-Hedge_PPA_graphic-1536x588-1-767x294.png 767w, https:\/\/assets.lightsourcebp.staging.1int.co.uk\/app\/uploads\/2022\/12\/28165520\/Y8d3e8OQ-Hedge_PPA_graphic-1536x588-1-1000x383.png 1000w, https:\/\/assets.lightsourcebp.staging.1int.co.uk\/app\/uploads\/2022\/12\/28165520\/Y8d3e8OQ-Hedge_PPA_graphic-1536x588-1-1200x459.png 1200w\" sizes=\"\"><img loading=\"lazy\" decoding=\"async\" src=\"https:\/\/assets.lightsourcebp.staging.1int.co.uk\/app\/uploads\/2022\/12\/28165520\/Y8d3e8OQ-Hedge_PPA_graphic-1536x588-1.png\" alt=\"\" width=\"1536\" height=\"588\" class=\"d-flex w-100 h-auto object-fit-cover\"><\/picture>\n      <\/div>\n    <\/div>\n  <\/div>\n\n  <div class=\"pt-50 pt-lg-50\"><\/div>\n<\/section>\n\n\n<section class=\"fifty-fifty align block_433e7fc361c828188269aa1549c429f7 block bg-color-white position-relative z-1 overflow-hidden\">\n        <div class=\"pt-15 pt-lg-15\"><\/div>\n\n    \n    <div class=\"fifty-fifty__row\">\n      <div class=\"container \">\n        <div class=\"row align-items-center\">\n                      <div class=\"col-12 col-lg-6 col-xl-5 align-self-start fifty-left d-flex flex-column order-2 order-lg-1\">\n                                                                <div class=\"flex flex-column w-100 line-height-level-6 mb-15 fifty-fifty__text font-size-paragraph-medium  fg-color-navy-text \">\n                    <p><strong>Available products with a Hedge:<\/strong><\/p>\n<ul>\n<li>Energy<\/li>\n<li>Environmental attributes<\/li>\n<li>Capacity<\/li>\n<li>Ancillary services<\/li>\n<\/ul>\n<p><strong>Location<\/strong>: Solar project can be located anywhere, but locating within settlement zone\/hub reduces basis risk.<\/p>\n<p><strong>Typical customers<\/strong>: Swap or Hedge providers<\/p>\n<p><strong>Advantages<\/strong>:<\/p>\n<ul>\n<li>Cost savings<\/li>\n<li>Risk mitigation<\/li>\n<li>Long term electricity stability and predictability<\/li>\n<\/ul>\n\n                  <\/div>\n                                                                                                                                                                                  <div class=\"d-inline-flex w-100 button-container mb-15\">\n                    <a class=\"button button--gradient my-0 mr-auto\" href=\"\/us\/partner-with-us\/energy-buyers\/\" target=\"_self\"><span>Learn more about partnering with us<\/span> <svg xmlns=\"http:\/\/www.w3.org\/2000\/svg\" width=\"8\" height=\"14\" fill=\"none\"><path stroke=\"currentColor\" stroke-linecap=\"round\" stroke-linejoin=\"round\" stroke-width=\"2\" d=\"m1 13 6-6-6-6\"\/><\/svg><\/a>\n                  <\/div>\n                                                                                          <\/div>\n                                <div class=\"col-12 col-lg-6 col-xl-6 offset-xl-1 align-self-start fifty-right d-flex flex-column mb-lg-0 mt-lg-0 order-3 order-lg-1  mt-15 \">\n                                                                                                                  <div class=\"flex flex-column w-100 mb-30 fifty-fifty__video\">\n                    <div class=\"video video--third-party ratio ratio-16x9 position-relative no-highlight\">\n  <div class=\"video__poster position-absolute w-100 h-100 left-0 top-0 bg-color-red z-1\">\n          <picture><source data-srcset=\"https:\/\/assets.lightsourcebp.staging.1int.co.uk\/app\/uploads\/2022\/12\/27155631\/maxresdefault-4-aspect-ratio-1920-1080.jpg 1268w, https:\/\/assets.lightsourcebp.staging.1int.co.uk\/app\/uploads\/2022\/12\/27155631\/maxresdefault-4-aspect-ratio-1920-1080-300x169.jpg 300w, https:\/\/assets.lightsourcebp.staging.1int.co.uk\/app\/uploads\/2022\/12\/27155631\/maxresdefault-4-aspect-ratio-1920-1080-1024x576.jpg 1024w, https:\/\/assets.lightsourcebp.staging.1int.co.uk\/app\/uploads\/2022\/12\/27155631\/maxresdefault-4-aspect-ratio-1920-1080-80x45.jpg 80w, https:\/\/assets.lightsourcebp.staging.1int.co.uk\/app\/uploads\/2022\/12\/27155631\/maxresdefault-4-aspect-ratio-1920-1080-150x84.jpg 150w, https:\/\/assets.lightsourcebp.staging.1int.co.uk\/app\/uploads\/2022\/12\/27155631\/maxresdefault-4-aspect-ratio-1920-1080-450x253.jpg 450w, https:\/\/assets.lightsourcebp.staging.1int.co.uk\/app\/uploads\/2022\/12\/27155631\/maxresdefault-4-aspect-ratio-1920-1080-767x431.jpg 767w, https:\/\/assets.lightsourcebp.staging.1int.co.uk\/app\/uploads\/2022\/12\/27155631\/maxresdefault-4-aspect-ratio-1920-1080-1000x562.jpg 1000w, https:\/\/assets.lightsourcebp.staging.1int.co.uk\/app\/uploads\/2022\/12\/27155631\/maxresdefault-4-aspect-ratio-1920-1080-1200x675.jpg 1200w\" data-sizes=\"(max-width: 450px) calc(100vw - 24px), (min-width: 450px) and (max-width: 575.98px) 551px, (min-width: 576px) and (max-width: 767.98px) 516px, (min-width: 768px) and (max-width: 991.98px) 696px, (min-width: 992px) and (max-width: 1199.98px) 456px, (min-width: 1200px) and (max-width: 1399.98px) 546px, (min-width: 1400px) 636px\"><img data-src=\"https:\/\/assets.lightsourcebp.staging.1int.co.uk\/app\/uploads\/2022\/12\/27155631\/maxresdefault-4-aspect-ratio-1920-1080.jpg\" alt=\"\" width=\"1268\" height=\"713\" class=\"d-flex mw-100 w-100 h-auto fit-cover rounded-10px lazy\"  decoding=\"sync\"><\/picture><noscript><img loading=\"lazy\" src=\"https:\/\/assets.lightsourcebp.staging.1int.co.uk\/app\/uploads\/2022\/12\/27155631\/maxresdefault-4-aspect-ratio-1920-1080.jpg\" alt=\"\" width=\"1268\" height=\"713\" class=\"d-flex mw-100 w-100 h-auto fit-cover rounded-10px \"  decoding=\"sync\"><\/noscript>\n      <\/div>\n\n  <button class=\"video__play-button bottom-0 position-absolute z-2 p-0 border-none transition-500 w-auto h-auto top-auto\">\n    <i class=\"fg-color-off-white\">\n      <svg xmlns=\"http:\/\/www.w3.org\/2000\/svg\" width=\"79\" height=\"79\" fill=\"none\"><path fill=\"url(#playIcon)\" d=\"M0 0h79v79H0V0z\"\/><path fill=\"#fff\" d=\"M29.625 29.269a1 1 0 011.543-.84L46.98 38.66a1 1 0 010 1.68L31.168 50.57a1 1 0 01-1.543-.839V29.27z\"\/><defs><linearGradient id=\"playIcon\" x1=\"0\" x2=\"107.528\" y1=\"79\" y2=\"-2.194\" gradientUnits=\"userSpaceOnUse\"><stop stop-color=\"#DF1995\"\/><stop offset=\"1\" stop-color=\"#FE5000\"\/><\/linearGradient><\/defs><\/svg>\n    <\/i>\n  <\/button>\n\n  <iframe\n  class=\"video__iframe position-absolute w-100 h-100 left-0 top-0 transition-500\"\n  data-src=\"https:\/\/www.youtube-nocookie.com\/embed\/40jGlK3bx1w?autoplay=1&amp;controls=1&amp;rel=0\"\n  data-title=\"Hedge Agreements Explained | Lightsource bp USA | Global Leaders in Solar Development\"\n  frameBorder=\"0\"\n  width=\"100%\" height=\"100%\"\n  allow=\"autoplay; encrypted-media\"\n  allowFullScreen=\"true\"\n  webkitallowfullscreen=\"true\"\n  mozallowfullscreen=\"true\"><\/iframe>\n<\/div>\n                  <\/div>\n                                                                                          <\/div>\n                  <\/div>\n      <\/div>\n    <\/div>\n\n  <div class=\"pt-50 pt-lg-50\"><\/div>\n  <\/section>\n\n\n<section class=\"multi-column-cards align block_92421a37294ce89b26f658130bde9a93 block bg-color-orange-3-percent\">\n  <div class=\"pt-50 pt-lg-50\"><\/div>\n\n  <div class=\"container\">\n    <div class=\"row\">\n      <div class=\"col-12\">\n                <h3 class=\"mb-35\">Discover more<\/h3>\n      <\/div>\n    <\/div>\n    <div class=\"row\">\n                        <div class=\"col-12 col-lg-6 mb-30\">\n  <div class=\"multi-column-cards__image-container\">\n          <a href=\"https:\/\/lightsourcebp.staging.1int.co.uk\/us\/energy-solutions\/utility-scale-storage\/\" >\n          <img decoding=\"async\" src=\"https:\/\/assets.lightsourcebp.staging.1int.co.uk\/app\/uploads\/2022\/12\/27155642\/Adding-storage.jpg\" \/>\n          <\/a>\n      <\/div>\n      <a class=\"text-decoration-none text-decoration-sm-underline-hover\" href=\"https:\/\/lightsourcebp.staging.1int.co.uk\/us\/energy-solutions\/utility-scale-storage\/\" >\n        <h5 class=\"mt-25 mb-15 fg-color-navy\">Adding storage<\/h5>\n      <\/a>\n          <p><a href=\"https:\/\/lightsourcebp.staging.1int.co.uk\/us\/energy-solutions\/utility-scale-storage\/\" >Explore the benefits of storage <span class=\"ml-10\"><svg xmlns=\"http:\/\/www.w3.org\/2000\/svg\" width=\"8\" height=\"14\" fill=\"none\"><path stroke=\"currentColor\" stroke-linecap=\"round\" stroke-linejoin=\"round\" stroke-width=\"2\" d=\"M1 13l6-6-6-6\"\/><\/svg><\/span><\/a><\/p>\n  <\/div>\n                  <div class=\"col-12 col-lg-6 mb-30\">\n  <div class=\"multi-column-cards__image-container\">\n          <a href=\"https:\/\/lightsourcebp.staging.1int.co.uk\/us\/energy-solutions\/physical-ppa\/\" >\n          <img decoding=\"async\" src=\"https:\/\/assets.lightsourcebp.staging.1int.co.uk\/app\/uploads\/2022\/12\/27160021\/Physical-1.jpg\" \/>\n          <\/a>\n      <\/div>\n      <a class=\"text-decoration-none text-decoration-sm-underline-hover\" href=\"https:\/\/lightsourcebp.staging.1int.co.uk\/us\/energy-solutions\/physical-ppa\/\" >\n        <h5 class=\"mt-25 mb-15 fg-color-navy\">Physical Power Purchase Agreement<\/h5>\n      <\/a>\n          <p><a href=\"https:\/\/lightsourcebp.staging.1int.co.uk\/us\/energy-solutions\/physical-ppa\/\" >Explore PPAs <span class=\"ml-10\"><svg xmlns=\"http:\/\/www.w3.org\/2000\/svg\" width=\"8\" height=\"14\" fill=\"none\"><path stroke=\"currentColor\" stroke-linecap=\"round\" stroke-linejoin=\"round\" stroke-width=\"2\" d=\"M1 13l6-6-6-6\"\/><\/svg><\/span><\/a><\/p>\n  <\/div>\n                  <\/div>\n  <\/div>\n\n  <div class=\"pt-50 pt-lg-50\"><\/div>\n<\/section>\n","protected":false},"excerpt":{"rendered":"","protected":false},"author":50,"featured_media":0,"parent":361036,"menu_order":4,"comment_status":"closed","ping_status":"closed","template":"","meta":{"_acf_changed":false,"inline_featured_image":false,"footnotes":""},"class_list":["post-101103","page","type-page","status-publish","hentry"],"acf":[],"aioseo_notices":[],"_links":{"self":[{"href":"https:\/\/lightsourcebp.staging.1int.co.uk\/us\/wp-json\/wp\/v2\/pages\/101103","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/lightsourcebp.staging.1int.co.uk\/us\/wp-json\/wp\/v2\/pages"}],"about":[{"href":"https:\/\/lightsourcebp.staging.1int.co.uk\/us\/wp-json\/wp\/v2\/types\/page"}],"author":[{"embeddable":true,"href":"https:\/\/lightsourcebp.staging.1int.co.uk\/us\/wp-json\/wp\/v2\/users\/50"}],"replies":[{"embeddable":true,"href":"https:\/\/lightsourcebp.staging.1int.co.uk\/us\/wp-json\/wp\/v2\/comments?post=101103"}],"version-history":[{"count":21,"href":"https:\/\/lightsourcebp.staging.1int.co.uk\/us\/wp-json\/wp\/v2\/pages\/101103\/revisions"}],"predecessor-version":[{"id":328118,"href":"https:\/\/lightsourcebp.staging.1int.co.uk\/us\/wp-json\/wp\/v2\/pages\/101103\/revisions\/328118"}],"up":[{"embeddable":true,"href":"https:\/\/lightsourcebp.staging.1int.co.uk\/us\/wp-json\/wp\/v2\/pages\/361036"}],"wp:attachment":[{"href":"https:\/\/lightsourcebp.staging.1int.co.uk\/us\/wp-json\/wp\/v2\/media?parent=101103"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}