PV Tech Premium sat down with Pexapark's head of quantitative products following the release of the advisory firm's European PPA Market Outlook 2022 report that predicted “fundamental changes” to European PPA markets.
Energy market turmoil in Europe at the end of last year is causing a fundamental change in the power purchase agreement (PPA) market as volatility spikes reach 250% and throw into question the viability of long term PPAs.
Record-breaking power prices across Europe have turned the spotlight on the role fossil fuel plants play in generating electricity and how the transition to renewables-plus-storage could lower consumer bills.
As the solar industry has matured and sustainable investment has moved up on the global market’s list of priorities, power purchase agreements (PPAs) have become a mutually beneficial arrangement between developers and the corporate world. But SMEs have remained difficult to cater for in comparison to larger, more bankable offtakers or utilities with permanent facilities. Edith Hancock explores how this might be changing.
We caught up with Luca Pedretti, Pexapark's co-founder and chief operating officer, to discuss how PPAs are changing to accommodate more offtakers from a range of business sectors.
Pexapark has launched a ‘freemium’ version of its ‘PexaQuote’ software, which systemises quotes, builds forward curves, and analyses PPA prices to create certainty for developers, utilities, and corporates looking to close PPA deals.
