European wind prices have continued to rise by 35% over the last six months, as project developers face permitting barriers and rising costs that have pushed up prices, according to LevelTen Energy's Q1 PPA Price Index.
Solar PPA prices in Europe, however, have dropped for the first time in two years. Meanwhile, overall wind and solar PPA prices remain 56% higher year-on-year, sitting at EUR 88.88/MWh.
LevelTen’s report tracks clean energy price movements across 20 European countries, using price indices based on PPA offers uploaded to the LevelTen Energy Marketplace by wind and solar project developers.