Energy crisis drives up European clean power PPA prices

A worsening price shock, felt to different degrees across Europe, has now seen renewable power purchase agreement tariffs climb for three consecutive quarters. Despite that, however, developers and energy buyers are still signing contracts, with non-standard agreements on the rise, according to renewable transaction infrastructure provider LevelTen Energy.Renewable power purchase agreement (PPA) prices continued to rise in the last quarter on the back of a deepening European energy crisis that continued to drive wholesale electricity prices to new highs. Seattle-based renewables transaction infrastructure ...

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