Pexapark records 9.8% jump in European PPA prices for March
- Admin
- Apr 27, 2024
- 1 min read
Pexapark reported a significant rise in European PPA prices for March, the first monthly increase since August 2023, with prices reaching €47.40/MWh. This increase, of 9.8%, was driven by higher power and commodity prices following attacks on Ukrainian gas infrastructure. Despite the overall positive trend, PPA volumes dropped 76% compared to February. Key agreements noted were between Karatzis Group and Mytilineos in Greece for a 210 MW solar asset, and several deals in Great Britain and Spain leading in terms of deal count and volume.
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