UK urged to join global race for renewable corporate PPAs

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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.

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

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