VPPA stands for Virtual Power Purchase Agreement. It is a financial contract where a corporate buyer agrees to purchase renewable energy from a specific project at a predetermined price. However, the buyer does not receive the physical electricity. Instead, the energy is sold into the local grid, and the buyer receives the associated Renewable Energy Certificates (RECs). VPPAs are a key mechanism for companies to meet their renewable energy goals and are supported within Net Zero Cloud for carbon accounting.

B. "Volumetric" is not the standard term; the agreement is financial and contractual, not based on physical volume delivery to the buyer.

C. This acronym relates to data privacy and legal agreements, which is unrelated to energy procurement or carbon accounting.

D. This appears to be a fabricated name for an organization and is not a recognized term in the energy or sustainability sectors.

1. Salesforce Help. (2023). Procure Renewable Energy. "You can also enter into a virtual power purchase agreement (VPPA) with a renewable energy supplier."

2. U.S. Environmental Protection Agency (EPA). Green Power Partnership. "A virtual PPA (VPPA) is a form of price hedge... the developer sells the project’s power into the local wholesale electricity market, and the offtaker receives the Renewable Energy Certificates (RECs) from the project."