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    Home»Solar»Falling raw material costs, energy prices push down European PPAs in May – pv magazine International
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    Falling raw material costs, energy prices push down European PPAs in May – pv magazine International

    By June 28, 2023No Comments3 Mins Read
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    Falling uncooked materials prices, vitality costs push European PPAs in Could – pv journal Worldwide

    pv magazine - Photovoltaics Markets and Technologies

    Energy buy settlement (PPA) costs fell in all European markets besides Spain and Portugal, in keeping with Pexapark. The Netherlands and Nice Britain skilled the most important declines.

    June 28, 2023 Pilar Sánchez Molina

    The Could report of the Swiss consultancy Pexapark revealed a major drop within the worth of electrical energy, gasoline, and uncooked supplies. Carbon costs fell beneath €80 ($87.62)/t0n – greater than a four-month low.

    Pexapark stated PPA costs in Europe additionally fell “considerably.” Most nations adopted the downward pattern, with the Netherlands experiencing a 15.7% decline and Nice Britain a 15.5% decline. Costs rose solely in Portugal and Spain. Pexapark didn’t present country-specific costs or extra financial particulars within the report.

    In Could, 23 new renewables-linked PPAs have been introduced, up 35% from the earlier month. The whole capability of those bulletins reached 982 MW, a 2% improve from April. Notably, small variety of PPAs dominated in Could, with solely two offers exceeding 100 MW, in comparison with eight in February 2023, as reported by Pexapark.

    Germany recorded the best variety of offers in Could, with six bulletins totaling greater than 245 MW. Spain ranks second with 5 bulletins, with a complete of 317 MW. Particularly, Equinix made the most important settlement, acquiring 240 GWh of electrical energy per 12 months from a 150 MW Sonnedix portfolio in Spain.

    This content material is protected by copyright and will not be reused. If you wish to cooperate with us and need to reuse a few of our content material, please contact: editors@pv-magazine.com.

    Pilar Sánchez Molina

    Pilar works as managing editor of a world photo voltaic journal, along with modifying books, particularly within the fields of literature and artwork. He joined pv journal in Could 2017, the place he managed the Spanish publication and web site and helped write and edit articles for the day by day information part in Latin America.

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