Hamburg and Munich, 11.02.2025 – FlexPower and enmacc are collaborating to establish a liquid and scalable market for standardised wholesale Solar and Wind Power Purchase Agreements (PPAs). This partnership will see enmacc integrating standardised German solar and wind PPAs into its leading digital over-the-counter (OTC) trading platform, with enwex (EnergyWeather) providing trusted indices for settlement and benchmarking.
Both companies share the vision that trading standardised solar and wind PPAs will become as common as base and peak load contracts, driven by the ongoing renewable energy buildout. To kickstart this market, FlexPower will act as the first liquidity provider for these new contracts. At the same time, enmacc and FlexPower will work together to onboard additional market participants and liquidity providers to ensure a growing and sustainable market.
"The success of digitalised PPA trading is already evident - just last year, our PowerMatch platform facilitated over 300 transactions, proving the strong market demand for a more liquid and efficient renewable energy market", says Max Amir Dieringer, CEO of FlexPower. "By partnering with enmacc, we are now taking the next step in standardising and scaling PPA trading, making it more accessible and transparent for all market participants."
By continuously growing its network of traders, utilities, IPPs, and industrial offtakers, the Request-for-Quote (RFQ) trading model on enmacc has already enabled hundreds of thousands of transactions across various energy products, establishing a strong foundation for structured renewable energy trading. With the planned introduction of solar and wind PPAs, enmacc aims to leverage its existing network and trading expertise to drive market adoption and liquidity in renewable energy products.
A game changer for market participants: Liquidity, transparency, and efficient hedging
One of the biggest challenges in the renewable energy market has been the lack of standardised products that can be easily quoted, traded, and compared across multiple market participants. Historically, PPAs have been complex, bespoke contracts with limited price transparency, making it difficult for companies to assess fair value and efficiently manage their risks.
With standardised PPAs now available on enmacc, nearly 600 market participants can seamlessly quote, trade, and compare contracts in a liquid and transparent market. This drives efficient price discovery, clearer contract comparability, and better portfolio hedging. By making PPAs tradable, more participants - including smaller players - can actively engage in the renewables market, boosting competition and accelerating growth.
Jens Hartmann, CEO of enmacc adds: "The introduction of standardised wholesale PPA hedging contracts on enmacc is a major step toward integrating renewable energy into the wholesale power market. By leveraging our extensive network and digital trading expertise, we aim to create a liquid and efficient market that enables more participants to hedge their renewable exposures with confidence. We are excited to partner with trailblazers such as enwex and FlexPower."
enwex provides transparency through reliable benchmarking
A key component of this initiative is the integration of enwex indices for the settlement of standardised PPAs. These indices offer transparent and reliable price references, making it easier for market participants to assess their positions and risk exposure. Additionally, enmacc and enwex will offer an analytics service that allows companies to evaluate whether the enwex indices correlate well with their specific assets and portfolios, further increasing confidence in the market.
"Reliable price benchmarks and market transparency are critical for a functional renewable energy market”, says Robin Girmes, CEO of enwex (EnergyWeather). “By providing transparent solar and wind indices and analytical services, we are helping market participants evaluate their positions and make informed trading decisions with standardised renewable power hedging contracts."
Making standardized PPAs accessible for all market participants
To support the establishment of a liquid PPA market, enmacc will introduce additional post-trade and settlement services. These services will make it easier for a broad range of market participants, including municipal suppliers, independent power producers (IPPs), and industrial clients, to trade and manage these products efficiently. This infrastructure is a key step toward making PPAs accessible to a wider audience, reducing operational complexity, and supporting the broader transition to renewable energy.
Building a liquid and efficient renewable energy market
FlexPower and enmacc are committed to establishing a standardised, transparent, and scalable PPA market. By digitising trading processes, enhancing price discovery, and ensuring reliable post-trade solutions, this collaboration is laying the foundation for a fully tradeable and liquid renewable energy market.
About FlexPower
FlexPower operates PowerMatch, a leading platform for optimising and trading renewable energy assets. By leveraging automation and market intelligence, FlexPower enables its clients to efficiently manage and trade their energy portfolios, ensuring maximum value from their renewable assets.
About enmacc
enmacc is the leading digital OTC trading company for energy markets, providing a seamless and transparent trading experience for professionals in the energy sector. Through its innovative solutions, enmacc enhances liquidity and simplifies trading for energy products. With the introduction of standardised renewable PPAs, enmacc is extending its proven trading expertise to support the growing needs of the renewable energy market.
About enwex (EnergyWeather)
enwex (EnergyWeather) provides trusted renewable energy indices, ensuring transparent, data-driven trading for renewable energy markets. By offering standardised indices for solar and wind energy, enwex plays a supporting role in enabling efficient risk management and settlement in the evolving renewable energy market.
Contact
For press enquiries please contact
Amani Joas | amani(at)flex-power.energy