Corporate Power Purchase Agreement (CPPA)

Tender description

Corporate Power Purchase Agreement (CPPA) for the supply of electricity generated off-site using renewable or zero carbon technology . Lot 1: Manchester Metropolitan University is one of the largest campus-based Higher Education providers in the UK, with over 30,000 students and is consistently ranked as one of the greenest universities in the UK by the People and Planet University League Table. The University’s ambition is to not only be one of the greenest university’s in the UK, but a global leader in sustainability. The University has achieved a significant reduction in direct carbon emissions over the past 15 years, with a 61% reduction since 2005 and have already exceeded the 2020 target of 50%. In 2019, Manchester City Council declared a climate emergency. This declaration recognised the need for the city to do more to reduce carbon emissions and the negative impacts of climate change. The declaration demonstrates the City's commitment to take leadership in the global response to climate change and to lead by example. As such, the city has set a target for Manchester to be a zero carbon city by 2038; this is 12 years earlier than the national target of 2050.Manchester Metropolitan University has committed to align with the City's target and aims to be a zero carbon University by 2038. The University has recently developed a Carbon Management Plan (CMP) to provide a pathway to meet this ambitious target. To support the CMP, the University are now seeking to enter into a Corporate Power Purchase Agreement (CPPA) for the supply of electricity generated using renewable or zero carbon technology (typically Wind or Solar), from which the University will acquire the exclusive right to the power and the associated environmental attributes and benefits. The aim of this CPPA is for the University to be supplied with net zero carbon electricity by using renewable power, supported by Renewable Energy Guarantees of Origin (‘REGOs’), the renewable electricity generation should be newly constructed as a result of the CPPA to ensure the project creates 'additionality' and results in a verifiable emissions reduction. The renewable generation project must be located in Great Britain (i.e. excluding Northern Ireland) and should be expected to deliver approximately 25gWh of power each year over a proposed 15 year term. It is the responsibility of the Supplier to ensure that demand is met, including balancing additional power during periods of low generation etc.Scheduled supply start date: 01/04/2024.