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POWER: EU PPA Prices on Track to Rise on Month, Up 16% on the Year So Far

POWER

 The average price of European PPAs so far in February is on track to rise higher compared to the average price in January, with average costs over 1 January-13 February up by around 16.7% on year, according to data from Pexapark. Closer in, PPA prices dropped on 13 February from the previous session supported by decreases in the EU energy complex and could continue downward today amid sustained declines in TTF and German power.

 

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 The average price of European PPAs so far in February is on track to rise higher compared to the average price in January, with average costs over 1 January-13 February up by around 16.7% on year, according to data from Pexapark. Closer in, PPA prices dropped on 13 February from the previous session supported by decreases in the EU energy complex and could continue downward today amid sustained declines in TTF and German power.

 

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