UK urged to join global race for renewable corporate PPAs

Facebook
Twitter
LinkedIn
Reddit
Email
Solar will be the clean energy source 'flourishing' in UK PPAs going forward, the event heard (Credit: Solar Media)

Corporate power purchase agreements (PPA) could help the UK unlock a multi-terawatt-hour renewable pipeline if policy and market barriers are dealt with, experts have said at a London event.

PPAs could supply much of the 22TWh UK RE100 signatories have yet to procure if they are to become fully renewable by 2030, BloombergNEF (BNEF) associate Helen Dewhurst said at the RE-Source UK conference on Monday.

This article requires Premium SubscriptionBasic (FREE) Subscription

Unlock unlimited access for 12 whole months of distinctive global analysis

Photovoltaics International is now included.

  • Regular insight and analysis of the industry’s biggest developments
  • In-depth interviews with the industry’s leading figures
  • Unlimited digital access to the PV Tech Power journal catalogue
  • Unlimited digital access to the Photovoltaics International journal catalogue
  • Access to more than 1,000 technical papers
  • Discounts on Solar Media’s portfolio of events, in-person and virtual

Or continue reading this article for free

Corporate PPA offtakers have so far been equally interested in wind and solar purchases but permitting issues for onshore wind mean solar will be the one “flourishing” going forward, Dewhurt said at the event, held in the City of London’s Guildhall.

See here for the full story as published by UK sister title Solar Power Portal

21 May 2025
London, UK
The Renewables Procurement & Revenues Summit serves as the European platform for connecting renewable energy suppliers to the future of energy demand. This includes bringing together a community of European off-takers, renewable generators, utilities, asset owners, and financiers. The challenges ahead are complex, but through collaboration, innovation, and a shared vision, we can navigate uncertainties and forge a sustainable energy future. Let us harness our collective knowledge to advance the renewable energy agenda.
1 July 2025
London, UK
UK Solar Summit 2025 will look at the role solar currently plays in the energy mix, how this will change over the coming years and how this aligns with net-zero and other government targets. We will break down all these challenges and help build up solutions through discursive panels, motivational keynotes and case studies, with newly added interactive sessions to get you moving and meeting your peers, making the connections you need to boost your business.

Read Next

May 21, 2025
Carlyle has launched a new platform called Revera, dedicated to renewable energy, energy storage, and hydrogen projects in Australia and UK.
May 20, 2025
Enfinity Global has secured €100 million from Eiffel Investment Group to advance its solar PV and battery energy storage system (BESS) portfolio in Europe.
May 20, 2025
The three projects, Mammoth South, Mammoth Central I, and Mammoth Central II, have a generation capacity of 300 MW each.
May 20, 2025
Octopus Australia has received grid connection approval from AEMO for a 300MW solar-plus-storage site in New South Wales.
May 20, 2025
Australia’s Victoria government has proposed seven REZ for the state, emphasising these will help achieve its target of 2.7GW of utility-scale solar PV generation by 2040.
May 19, 2025
Lithuanian government-owned utility and renewables developer Ignitis Group has signed a financing deal with SwedBank to support 239MW of solar PV capacity in Latvia.

Subscribe to Newsletter

Upcoming Events

Solar Media Events
May 21, 2025
London, UK
Solar Media Events
June 17, 2025
Napa, USA
Solar Media Events
July 1, 2025
London, UK
Solar Media Events
July 1, 2025
London, UK
Solar Media Events
July 8, 2025
Asia