Thursday, May 23, 2024
Energy Transition Outlook Report 2023
HomeRenewablesenergy billsEurope’s renewable PPA prices rise 2%

Europe’s renewable PPA prices rise 2%

A slight 2% increase in blended wind and solar power purchase agreement (PPA) prices was observed in Europe during the third quarter.

That’s according to LevelTen Energy’s Q3 PPA Price Index, which suggests this quarter’s price change represents a milder shift compared to previous years, which often saw sharp price jumps.

The report highlights variability in solar price trends across different European markets.

While some markets experienced modest increases or even declines in solar prices, countries like France, Germany, Sweden and Poland witnessed notable price increases.

France recorded an 11% increase, followed by Germany at 10%, Sweden at 8% and Poland at 6%.

Experts explain that one of the reasons for these uniform price trends is the close relationship between these countries’ wholesale electricity markets, driven by energy economics and reduced French nuclear output.

Energy Live News
Energy Live News
This article first appeared on Energy Live News, an award winning news service. Their mission is to give you balanced news, analysis, commentary of energy from their dedicated team of quality journalists and production staff.
- Advertisment -
Energy Jobline LinkedIn

Most Popular

Recent Comments