US wind power purchase agreement (PPA) prices climbed in 2021 and continued to rise towards the end of the year, as wind energy developers seek to offset supply chain problems and cost inflation with higher fee, American Clean Power Association (ACP) said in its Clean Power Quarterly 2021 Q4 report.
According to market platform operator LevelTen Energy’s statistics, the average overall PPA price increased by 15.7% year over year, driven mainly by increases in wind prices, which is up 19.2%. The cost of a solar PPA, on the other hand, had increased by 12.1%, compared to the same period of the previous year.
