Renewable energy platform Zeigo Power and energy information leader S&P Global Platts have published the latest European trends in Power Purchase Agreement pricing for Q1 2022. Zeigo was acquired by Schneider Electric in January 2022.
Data from the Zeigo Power platform has been able to give S&P Global Platts a view into the European market last quarter. Key highlights include:
- Q1 2022 PPA offer prices rising by 10-15% in Europe depending on the Market
- PPA prices in the UK increased by 17.6% from an average 51.64GBP/MWh in the last quarter to 60.75GBP/MWh.
- There has been more demand for shorter-term PPA deals, often coming from operational assets at a greater premium.
- The Zeigo Power platform has seen the average term decrease from 11.6 years in Q4 2021 to 9.5 years in the first quarter this year.
- Buyers have become more willing to accept higher prices to distance themselves from the spot market resulting in higher prices and less activity in the market.
- The price trends that have not changed on the Zeigo Power platform are that longer terms, great volumes and solar assets will offer cheaper contracts than the alternatives.
Start Your PPA Now
Request access to Zeigo Power to find renewable energy developers with projects where you operate
Sign Up
Impactful Decarbonization via Short Term PPAs
Recently there has been significant volatility in European power markets which has increased both buyer hesitancy and interest in PPAs. At the same time, as 2025 and 2030 decarbonization targets loom, sustainability strategies are coming to the forefront of buyer motivations rather than being secondary to hedging potential. As the market has faced significant change, … Continued
Read Article
A simple guide to PPA pricing structures
Power Purchasing Agreements (PPA) pricing structures are often more daunting than they should be. As power prices fluctuate, alternative pricing structures become more popular. At Zeigo Power we aim to streamline the PPA process, so we have come up with a simple guide to outline the different pricing structures. First things first a few definitions: … Continued
Read Article
A Streamlined PPA Tendering Process Through Zeigo Power
The team at Zeigo Power has been keeping a close watch on the impacts of the war in Ukraine on energy markets throughout Europe. As we have reported in our 2023 State of the European Renewable Energy Market Report, consumers in Europe are still enduring unprecedented price volatility. Though 2023 began with markets declining from highs witnessed … Continued
Read Article