European PPA market sees contraction in March

According to Swiss consultancy Pexapark, around 400 MW of power purchase agreements were closed in Europe in March. Germany and Spain were the most dynamic PPA markets during the first quarter of the year.Zurich-based renewable energy consultancy Pexapark has reported a sharp decline in European PPA activity for March. The war in Ukraine is having repercussions on PPA prices and Europe could see very complicated electricity price curves in the remainder of the year, the analyst explained. During the month of March, the average price of signed PPAs was €77.37/MWh, 3% higher than the February average ...

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