PPA contracts are moving away from standard formats toward more tailored structures and optimised portfolios that strike a balance between price and risk. To address this shift, Veyt is launching a new Consulting Service to support PPA and portfolio valuation for renewable and BESS assets. Our insights help clients navigate a market environment where power price volatility, cannibalisation, and project-specific risk increasingly drive valuation outcomes. 

“As batteries are becoming an increasingly critical component of the power system, valuation frameworks must evolve accordingly. The growing deployment of BESS to optimise generation portfolios and enable hybrid PPA structures introduces new layers of complexity. Accurately valuing these projects and contracts requires specialist expertise, where relatively small modelling assumptions can materially impact outcomes,” says Knut Vrålstad, Head of Renewable Energy Analysis. 

Examples of these tailored and optimised structures include: 

• Multi-technology portfolios that combine output from different generation technologies, offering different delivery profiles that reduce cannibalisation and balancing risk 

• BESS playing a key role in optimising project performance by shifting generation from low to high priced hours and stacking revenues from different markets 

• Bespoke PPAs with detailed clauses and project-specific considerations  

Who the service is for

The PPA Consulting service is designed for European:

• Energy project developers and independent power producers across wind (onshore and offshore) and solar PV, with or without BESS 
• Investors and counterparties who need an independent, market-consistent view on asset valuations, risk and PPA pricing
• Corporate offtakers evaluating PPAs as part of their green procurement strategies 

Across these groups, the common challenge is how to assess and explain value when outcomes depend on an increasingly complex matrix of factors. 

The challenges we address

Valuing portfolios and PPAs is becoming increasingly difficult, particularly where asset characteristics, market conditions, and hedging strategies differ case by case. 

• More complex valuation environments

  Co-location of BESS, multi-technology portfolios and more bespoke PPA terms require valuation approaches that go beyond standardised models. 

• Challenging market conditions increase risk exposure  

Volatile prices and high cannibalisation challenge business cases, requiring greater awareness of key risks and how to initially quantify and ideally mitigate them. 

• Limited independent reference points

  Without independent benchmarks for projected revenues or costs, it can be difficult to align views and use valuation results openly in negotiations and internal decision-making. 

“No project is like another, and PPAs add further complexity – that’s why we’ve developed robust models that capture broader market dynamics but are flexible enough to account for even the most niche configuration,” says Knut Vrålstad.

How the service delivers value

Since launching our PPA and asset valuation intelligence solution over a year ago, our focus has been on bringing granular data and transparency to renewable energy markets, providing clients direct access to deal flow data, market prices, and calculation tools. Now, our PPA Consulting Service combines detailed market analysis with asset-specific valuation work. 

In practice, this includes:

• Detailed asset and portfolio modelling, reflecting location, technology specifications, local weather conditions, and how they interact 

• BESS co-location, modelling the added value of optimised battery operations, including participation in balancing markets, revenue stacking and sizing considerations 

• In-depth risk assessment, identifying key sources of uncertainty and quantifying risk exposure

• Component-level transparency, breaking forecasted revenues and costs into its key drivers, such as cannibalisation, balancing, and energy attribute certificates

• Decision-ready outputs, delivered as structured data and reports for internal strategic and investment decision-making 

• Contract-specific insights, for PPAs tailored to the structure and terms of each PPA deal

• Market context and statistics, grounded in European power and PPA market dynamics and historical transactions 

To learn more, visit PPA Consulting Services or contact us

Join our webinar PPA market in focus: Will 2026 be the year of BESS? on Tuesday, 3 February, at 14:00 CET, to explore current market dynamics and the role of battery storage in PPAs, or contact Veyt directly.