wpd has successfully established itself in the Northern European market for renewable energies as a partner for direct power supply contracts,… Definition: As part of the overhaul of the Renewable Energy Directive (EE), the EU has also looked at PPPs. In the future, Article 2, point 17, of the EEA Directive contains, among other things, a legal definition. It states that a «renewable power purchase agreement» is a «contract in which a natural or legal person agrees to purchase renewable electricity directly from an electricity producer.» Depending on regulation and the market environment, different situations can arise in which PPAs are an advantageous form of financing or a stabilizing factor in long-term power delivery. Power Purchase agreements have also reached the German market. Statkraft began at the end of 2018 with the completion of a first wind-PPAs in Germany. Other PPAs in the wind energy sector followed, particularly for post-EEG installations. In September 2019, Deutsche Bahn released its first offshore wind PPP: electricity from the North East Sea offshore wind farm must help the railway meet its green electricity targets. In October, DB Energy launched a European-wide tender, with which Deutsche Bahn`s energy supplier is looking for contractors for the Green PPAs. The total results requested amounted to 500 GWh.
21 October 2020: AAE prices in Europe show a slight downward trend. The assessment of KW 42 is now recorded in the area of AAE price trends and agreements. New entries are also available under Compact PPA: EDPR excludes the 100 MW U.S. solar PPA / GEWI, a subsidiary of Getec, signs PPAs for post-EEG installations. October 14, 2020: Prime Capital says it is in exclusive negotiations with a global technology group for a 10- to 12-year power purchase agreement (PPA) for the 372 MW Bjornberget project in Sweden. A wind wind agreement has already been concluded between Statkraft and Fortia Energea for the supply of industrial customers in Andalusia. For more information, see compact PPA. Also in the update, current AAE price trends. Spoiler: The Pexa Euro Composite and Pexa Germany indices finish the KW 41 in addition. October 13, 2020: In the final stretch of the post-EEG era, the question is whether the AAE market can benefit from the aid that will be completed soon. Read the articles: Wind Sector: The transitional EEG rules are not an obstacle to power purhase agreements, Greenpeace Energy: Post-EEG installations increase the share of wind energy in the electricity mix and wind energy exploited: «THE PPAs is important so that production capacity does not collapse» in the field of prospects for the post-EEG phase. The overview of price and agreement trends has also been updated: here are the ratings of KW 38-40.
A lot has been done in the PPA Compact section: There are 7 new entries. September 21, 2020: Juwi and energy supplier Colorado SpringsUtilities have signed a power purchase agreement for a 175 MW solar project, combined with a 25 MW battery. Learn more about international projects. European AAE prices are low.