Pilar joined pv magazine in May 2017, where she manages the Spanish and Latin America newsletter and website. She has been reporting on solar since 2011. LevelTen Energy says the prices of solar power purchase agreements (PPAs) in Europe reached €76.84 ($82.58)/MWh in the fourth quarter of 2022.
LevelTen Energy says the prices of solar power purchase agreements (PPAs) in Europe reached €76.84 ($82.58)/MWh in the fourth quarter of 2022. High development costs and a volatile regulatory environment contributed to an 11.4% increase in solar PPA prices in Europe in the fourth quarter, according to a new report by LevelTen Energy.
This essential resource is developed with contributions from SolarPower Europe’s members and various national solar associations. It aims to assist policymakers, industry stakeholders, and investors in understanding the critical trends and policy changes influencing the solar market.
High development costs and a volatile regulatory environment contributed to an 11.4% increase in solar PPA prices in Europe in the fourth quarter, according to a new report by LevelTen Energy. Prices rose by 30% in the United Kingdom and by 20% in Italy, said LevelTen Energy.
Also interesting is our sister website with lots of data on European power prices: power.kyos.com Have a look at the E-Book that Cyriel de Jong wrote on “The financials of renewable power and PPA’s”. It provides more insight in the various methods, for example used in long-term or short-term forecasting, creating simulations and price forecasts.
The prices of solar PPAs reached €76.84/MWh, up 60% year on year. Spain has remained in the range of €45/MWh, making it the second-cheapest country above Finland, which reached €40/MWh. Despite rising prices, buyer demand continued to grow in 2022, said LevelTen Energy. It analyzed 125 PPA price offers for 94 projects in 16 countries.
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