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Disclosed volumes of European PPAs in August dropped by 62% on the month to 460MW, with the monthly average over Jan-Aug at 1.29GW compared to 1.41GW over Jan-July, data from Pexapark show.
However, this trend aligns with previous years as in 2023, August was around 73% lower than July and in 2022 the decline was 51%.
13 total PPAs were disclosed in August, down from 24 in July-June.
Carrefour topped the ranking for a second consecutive month with their 89MW PPA with Engie in Spain, while an 80.5MW PPA from Statkraft in Ireland came second.
PPA prices increased by 1.2% on the month in August – following the trend estimated by MNI at the beginning of Sept: See link: https://mni.marketnews.com/3BdQKDE
Sign up now for free trial access to this content.
Please enter your details below.
Why MNI
MNI is the leading provider
of intelligence and analysis on the Global Fixed Income, Foreign Exchange and Energy markets. We use an innovative combination of real-time analysis, deep fundamental research and journalism to provide unique and actionable insights for traders and investors. Our "All signal, no noise" approach drives an intelligence service that is succinct and timely, which is highly regarded by our time constrained client base.
Our Head Office is in London with offices in Chicago, Washington and Beijing, as well as an on the ground presence in other major financial centres across the world.
Disclosed volumes of European PPAs in August dropped by 62% on the month to 460MW, with the monthly average over Jan-Aug at 1.29GW compared to 1.41GW over Jan-July, data from Pexapark show.
However, this trend aligns with previous years as in 2023, August was around 73% lower than July and in 2022 the decline was 51%.
13 total PPAs were disclosed in August, down from 24 in July-June.
Carrefour topped the ranking for a second consecutive month with their 89MW PPA with Engie in Spain, while an 80.5MW PPA from Statkraft in Ireland came second.
PPA prices increased by 1.2% on the month in August – following the trend estimated by MNI at the beginning of Sept: See link: https://mni.marketnews.com/3BdQKDE
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