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    Home»Solar»PPA prices falling across Europe, says Pexapark – pv magazine International
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    PPA prices falling across Europe, says Pexapark – pv magazine International

    By June 13, 2023No Comments2 Mins Read
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    Pexapark stated energy buy settlement (PPA) costs fell in Europe, with costs in Spain and Portugal down 6.4% and 6.2% to €40.90 ($43.99)/MWh and €39.60/MWh, respectively. each.

    June 13, 2023 Pilar Sánchez Molina

    From pv journal in Spain

    Pexapark, a Swiss consultancy, stated in its April month-to-month report that electrical energy markets at the moment are recovering, following a sequence of uncontrollable occasions affecting the European power business.

    On the worth entrance, the Pexa Euro Composite Index fell 2.5% month-on-month as a consequence of decrease electrical energy and uncooked materials costs. The Netherlands skilled the most important lower of 9.5% to €56.72/MWh, whereas Spain and Portugal noticed 6.4% and 6.2% respectively, reaching €40.90/MWh and €39.60/MWh.

    Nevertheless, costs in the UK rose by 3.5% to €82.29/MWh in April, and Scandinavian international locations rose by 1% to €50/MWh, whereas Italy noticed a 0.7% improve to € 75.60/MWh.

    After a powerful first quarter of 2023, PPA exercise slowed in April, with 16 bulletins totaling roughly 922 MW, a 55% lower in comparison with March. This represents the bottom month-to-month capability since final September, with eight fewer agreements registered, representing a lower of 33%.

    pv journal print version

    Within the newest difficulty of pv journal we’ll shift the highlight to European photo voltaic with a complete evaluate of the state of the PV business throughout the area’s essential markets and a take a look at laws aimed toward driving a photo voltaic rooftop growth. We additionally discover the problem of creating a photo voltaic panel recycling business in Australia, the place business gossip is not serving to issues.

    This month’s notable deal concerned Statkraft’s acquisition of NextEnergy’s 210 MW Portuguese photo voltaic portfolio, ensuing within the buy of 341 GWh per yr.

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

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