In many countries across Europe, demand for power purchase agreements (PPA) has remained strong due to sustainability goals and the appearance of specific countries in the market (e.g. in Eastern and Southeastern Europe). The ambitious renewable deployment targets have driven increased PPA volumes. At the same time, uncertainty is also growing in the market, particularly with unusually high prices spurring uncertainty and mobilising governmental interventions across the region.
In the following 3Degrees’ Renewable Markets Insight report -European edition– we examine several aspects of the energy landscape in Europe with a specific focus on the economic, regulatory, and political drivers of the PPA market.