The art of origination: Offtake and risk in GB’s energy market

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Navigating the energy transition requires more than just building assets; it requires a deep understanding of how to price risk in a market that is fundamentally cannibalising itself as it grows.

The transition to a renewables dominated energy system requires expert commercial strategy, especially in the volatile realm of battery storage and renewable certificate. Ed Porter is joined by Josh Brown - Operations Team Manager at SSE plc to explore what the front office operations of a major utility look like in practice and what navigating market saturation in batteries and the management of third-party assets using financing tools like tolls and Power Purchase Agreements (PPAs).

Key topics covered:

•How utility origination teams manage the commercial complexity of battery assets in a fundamentally "self-cannibalizing" market?

•What internal process are required to negotiate and approve complex, high-risk contracts such as tolls.

• Is the energy sector prepared for the disruptive market shift from annual REGO matching to a 24/7 hourly certification system?

• How commercial teams are structuring PPAs between developers and offtakers.

• Whether Contracts for Difference (CFD) rules are creating significant exposure for large offtakers.

About our guest

Josh Brown is the Origination Team Manager at SSE, working within the Energy Markets division, managing market-facing power and gas positions for both SSE’s own extensive asset base and third-party clients. He specialises in navigating the complexities of Power Purchase Agreements (PPAs) for solar, wind, and hydro, alongside structured battery optimisation products and the management of green certificate trading (including REGOs and ROCs) for the entire group. Connect with Josh here https://www.linkedin.com/in/josh-brow...

SSE is a leading clean energy utility with a major presence across Great Britain and Ireland. The group is active across the entire energy value chain, including renewable and thermal generation, electricity networks, and supply. SSE has contracted over 2 GW of batteries and 3 GW of CfD-backed assets in the last two years alone for more information, head to their website. https://www.sse.com/

About Modo Energy

Modo Energy helps the owners, operators, builders, and financiers of battery energy storage understand the market — and make the most out of their assets.

All episodes of Transmission are available to watch or listen to on the Modo Energy site. To stay up to date with our analysis, research, data visualisations, live events, and conversations, follow us on LinkedIn. Explore The Energy Academy, our bite-sized video series explaining how power markets work.


#CfD #ppa #RenewableEnergy #EnergyStorage #solar