In recent years, the number of European PPA contracts has grown, largely driven by the increase in renewable asset buildout and government decarbonisation targets. In Spain, one of the more mature markets, PPAs have become crucial in enabling project financing and covering the risk of low energy prices. Portugal’s PPA growth, however, has been prevented by regulatory barriers, such as the clawback generation tax.
Access this report on the future role PPAs will play given the high wholesale market environment. This report addresses the following:
- What are the current market trends for PPAs in Iberia?
- What impact have recent market interventions had on the PPA market in Iberia?
- What factors should be considered when pricing a PPA?