Energy storage has emerged as an even more crucial technology for the clean energy transition. Beyond enabling higher penetrations of clean energy sources, storage provides crucial ancillary services and offers pathways for maximizing asset value, such as with accredited capacity. To deliver a faster, more streamlined pathway for energy storage procurement, LevelTen is expanding LEAP™ — LevelTen Energy’s Accelerated Process — to facilitate Energy Storage Service Agreements.
Launched in 2022 and co-developed with Google, LEAP is a technology-enabled process for clean energy buyers and developers to secure power purchase agreements (PPAs) in 80% less time than a traditional RFP process. Since its launch, LEAP has helped Google significantly accelerate clean energy procurement in North America and Europe.
LEAP for all
With its speed and efficiency now proven at scale, LEAP can be applied to energy storage procurement for the first time. LEAP was designed from the ground up to serve a broad range of energy buyers. Google pioneered its initial use, and the process is now available to any organization seeking to streamline procurement and accelerate clean energy deployment.
LEAP accelerates the procurement process by making contract terms transparent from the beginning, increasing the chances of deal success. For developers, reducing the time it takes to secure an agreement saves funds and team resources from being tied up in lengthy negotiations. In this way, LEAP enables developers to bring more gigawatts online, earn revenue faster, and do so at a lower cost.
How LEAP™ works
A traditional contract process follows a four-phase structure: issuing an RFP, project shortlist selection, term sheet negotiation, and agreement negotiation. This process is time-consuming and expensive and can increase the risk of a deal falling through.
LEAP consolidates and accelerates these steps:
- The buyer issues an RFP through the LevelTen Platform, accompanied by the full agreement contract.
- Sellers tailor key contract terms by selecting from predefined options that align with their risk and pricing strategies.
- Buyers evaluate offers based on the final agreement, eliminating surprises and increasing close rates.
- Finalists are selected, and agreements are signed without further negotiation.
For sellers, seeing the PPA at the beginning creates a transparent and reliable way to verify how their offers are evaluated. It also enables sellers to create pricing based on the final contractual details, rather than speculating on future terms that are likely to change during negotiations.
Upload Your Storage Projects Today
The Platform is open for developers to upload their standalone and hybrid-storage projects.. If you are interested in participating in future storage and other LEAPs, reach out to LevelTen at developerservices@leveltenenergy.com.
Curious about how your storage pricing stacks up against competitors?
LevelTen Energy’s Q2 2025 North American Storage Pricing Report analyzes 93 real offers from energy storage projects in key markets, including SPP, ERCOT, and MISO as part of our Market Transparency Reports. It’s packed with insights into storage pricing trends and developer strategies.
Want to access the data? Contact our team to learn how.
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