European PPA prices surge 10% in first quarter as cost pressures build

RE Energy ｜ Global ｜ Energy, Transport & Building May 03, 2022

According to the recent data from climate tech platform Zeigo, offer price in Europe’s power purchase agreement (PPA) markets grew by 10% to 15% depending on project location in the first quarter of 2022 as a result of growing commodity and raw material costs.

Given the previous period of relative stability in the PPA market and current geopolitical conflicts, the price increase, according to Zeigo's Head of Energy Markets Freddie Lyon, came as no surprise.

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