Aurora Energy Research has introduced Lumus, an advanced Power Purchase Agreement (PPA) valuation software designed to provide unparalleled pricing transparency through deep market intelligence. (auroraer.com) This tool aims to support energy buyers and sellers in navigating the complexities of PPA negotiations and portfolio valuations across more than 15 European markets.
Key Features of Lumus:
-
Trusted Approach: Lumus employs a reliable pricing methodology that assists in negotiations, transactions, and portfolio valuations, ensuring consistency and accuracy across various markets.
-
Bankable Forecasts: The software aligns PPA pricing with long-term price forecasts, enriched by short-term market data, offering a comprehensive view of market dynamics.
-
On the Pulse: Lumus is calibrated to reflect the latest market sentiment, enhanced by local expertise from Aurora's Research and Advisory teams, ensuring that users have access to current and relevant information.
- No "Black Box": The software provides a detailed breakdown of every PPA price component, helping users uncover the factors shaping their pricing outcomes and fostering transparency.
Currently, Lumus is available for the German market, with plans to expand to other European regions in the near future. (auroraer.com) This expansion aligns with Aurora's ongoing efforts to support energy buyers in accelerating the PPA procurement process. In October 2021, Aurora partnered with LevelTen Energy to source renewable PPAs for its clients through LevelTen's platform, enhancing the efficiency and effectiveness of PPA transactions. (pv-magazine.com)
The introduction of Lumus comes at a time when corporate PPAs are on the rise in Europe, transforming the energy landscape by allowing developers to secure long-term revenue streams while enabling businesses to achieve sustainability goals and reduce energy costs. Aurora's recent report and webinar explored these trends, focusing on the role and approaches of corporate offtakers in the evolving PPA market. (auroraer.com)
By leveraging Lumus, stakeholders in the European energy sector can gain a deeper understanding of PPA pricing dynamics, leading to more informed decisions and optimized contract structures. As the market continues to evolve, tools like Lumus are essential in navigating the complexities of renewable energy procurement and ensuring the successful implementation of sustainable energy solutions.
