European developers signed 12 PPAs a total of 232 MW in May, according to the latest report from the Swiss research agency for renewable energy sources Pexapark. The result is a clear delay Compared to AprilWhat a decrease in the volumes of 81% represents, month to month and a decrease of 45% in deals.
Pexapark said that the 232 MW of May in European PPAs meant the lowest monthly volume since 2020, where Dealing fell to levels that were last seen in 2022. Dominated solar energy activities, good for 174 MW over nine deals.
The largest PPA in May was signed between EDF Renewables and Network Rail, the owner of most of the rail network of Great Britain. The deal comprises 64 GWh per year in decrease, equal to estimated 65 MW, and will supply approximately 15% of the electricity that is used by the offices, depots and stations of Network Rail.
Pexapark said that the average PPA prices followed by 1.2% of the month of the month increased to € 49.40 ($ 56.94)/MWH, after two consecutive months price corrections.
Poland registered the highest price increase at 4.6%, followed by Great Britain (3.5%) and the Nordics (3%). Prices also rose in Germany, Italy, the Netherlands, Portugal and Spain. France was the only market that was followed where the PPA prices fell, dropped 1.3% month after month.
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