What is driving corporate power procurement in Europe amid reduced activity globally?

So far, 2022 has been a slow year for corporate power purchase agreements (CPPAs) activity globally. A wide variety of disruptions have created what analysts are calling ‘a perfect storm’ for renewables, impacting the achievement of operational milestones for projects, which in-turn affects the ability of the asset owner to sign a PPA. Supply chain delays from China due to extended lockdowns, the soaring cost of steel, inflated wholesale power prices due to Russia’s invasion of Ukraine and the consequent energy crisis, and complexities in the permitting process are the primary deterrents in the contracted capacity market this year.  Above, is a one-page analysis on the European CPPA markets by Enerdatics.

The analysis is proprietary to Enerdatics’ energy analytics team, based on the current understanding of the available data. The information is subject to change and should not be taken to constitute professional advice or a recommendation.

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