Comparison
Direct PPA vs sleeved PPA: what role for the supplier?
In a direct PPA, the buyer contracts with the producer and handles balancing via a balance responsible party. In a sleeved PPA, a power supplier sits between them to absorb imbalances. Generic comparison of both schemes.
| Criterion | Voltarione | Sleeved PPA |
|---|---|---|
| Contractual scheme | Producer ↔ buyer (direct) | Producer ↔ supplier ↔ buyer |
| Balancing | Designated balance responsible party | Handled by supplier |
| Cost structure | Producer price + balancing costs | Producer price + sleeve fee |
| Operational complexity | Higher on the buyer side | Lower on the buyer side |
| Third-party dependency | Low (parties chosen freely) | High (supplier is critical) |
| Marketplace relevance | Native structure on Voltarione | Possible via supplier partner |
FAQ
When is a sleeved PPA preferable?
When the buyer has no access to a balance responsible party or wants to delegate all operational handling, accepting a sleeve fee in exchange.
Is a direct PPA always cheaper?
Often yes on headline €/MWh, but balancing and shaping costs must be added and can erode part of the spread.