Pexapark

🚀 𝐏𝐞𝐱𝐚𝐏𝐨𝐫𝐭𝐟𝐨𝐥𝐢𝐨 𝐈𝐧𝐬𝐢𝐠𝐡𝐭𝐬 𝐌𝐚𝐲 '24 – This month, we use PexaOS data to identify the root cause of differences between realised and budgeted revenue Spot prices have recovered month-on-month, leading to a 3% increase in the average realised price vis-à-vis recent expectations. This month, we also use the PexaOS to take stock of year-to-date performance vis-à-vis the forecast at the beginning of the year. 💡 𝐓𝐡𝐞 𝐏𝐞𝐱𝐚𝐏𝐨𝐫𝐭𝐟𝐨𝐥𝐢𝐨 𝐟𝐞𝐭𝐜𝐡𝐞𝐝 𝐚𝐧 𝐚𝐯𝐞𝐫𝐚𝐠𝐞 𝐨𝐟 𝐄𝐔𝐑 64/𝐌𝐖𝐡, compared to the EUR 62/MWh expected (as of 30 Apr) 💡 𝐘𝐞𝐚𝐫 𝐭𝐨 𝐃𝐚𝐭𝐞: Lower-than-expected onshore wind production in Sweden and falling solar capture rates beyond sunny Southern Europe keep portfolio revenues below what was budgeted in the beginning of the year 💡 𝐓𝐡𝐞 𝐩𝐨𝐫𝐭𝐟𝐨𝐥𝐢𝐨’𝐬 𝐨𝐧𝐬𝐡𝐨𝐫𝐞 𝐰𝐢𝐧𝐝 𝐌𝐨𝐧𝐭𝐡𝐥𝐲 𝐁𝐚𝐬𝐞𝐥𝐨𝐚𝐝 𝐏𝐏𝐀 𝐢𝐧 𝐒𝐰𝐞𝐝𝐞𝐧 has been bleeding due to lower-than-expected wind output, but the overall drop of pricing has opened an opportunity to mitigate underproduction risk Read all about our new analytical initiative in our PPA Times- June 2024 Edition directly from your account (for existing 𝐏𝐞𝐱𝐚𝐐𝐮𝐨𝐭𝐞 subscribers) 👉 : https://lnkd.in/eardtbMw If you don't yet have an account with us, follow this link to create your free account 👉 : https://lnkd.in/d5H6VEv #ppa #renewableenergy #renewables #marketintelligence #ppatimes #energytransition

𝐒𝐩𝐨𝐭𝐥𝐢𝐠𝐡𝐭 𝐓𝐨𝐩𝐢𝐜 – 𝐖𝐡𝐚𝐭’𝐬 𝐭𝐡𝐞 𝐨𝐮𝐭𝐥𝐨𝐨𝐤 𝐟𝐨𝐫 𝐆𝐞𝐫𝐦𝐚𝐧 𝐒𝐨𝐥𝐚𝐫 𝐏𝐏𝐀𝐬 🇩🇪 ☀️? Last year, Germany sent a message to the European PPA Market that it meant business, with solar pv standing out next to the region’s legacy offshore wind activity. With offshore wind deals limited to FID projects (or commissioned ones), many bets were placed on solar's potency to carry the country’s deal flow. But will momentum continue? 💡 In 2023 the country saw more than 1.7GW of solar PPAs across at least 18 deals. Over 2024 YTD, we have tracked 12 solar deals of a total 751MW. 💡 Corporate demand appears relatively healthy, but cannibalisation risk is the elephant in the room. Negative hours and the impact on pricing is a core challenge for current negotiations to move forward. 💡 Capture factors for German solar pv are on a downward trajectory, with May '24 reaching record low levels at 0.48/1, translating into a more nuanced risk allocation between buyers and sellers. Read more on the Spotlight Topic of our recently published 𝐏𝐏𝐀 𝐓𝐢𝐦𝐞𝐬- 𝐉𝐮𝐧𝐞 2024 Edition to dig more insights with contributions from market practitioners and Pexapark’s in-house experts in the region! Existing 𝐏𝐞𝐱𝐚𝐐𝐮𝐨𝐭𝐞 subscribers can access PPA Times directly from your account 👉 : https://lnkd.in/eardtbMw If you don't yet have an account with us, follow this link to create your free account 👉 : https://lnkd.in/d5H6VEv #ppa #renewableenergy #renewables #marketintelligence #ppatimes #germany

Uniper has put in place two new growth businesses, in renewables and green fuels, as part of their ambitious Net Zero targets. “We use PPA prices on PexaQuote for benchmarking” said Louise Wright, VP - Energy Offtake at Uniper. “We also use market insights on PexaQuote to feed back in to the renewables business” she added. Europe’s leading energy companies access daily PPA reference prices via 𝐏𝐞𝐱𝐚𝐐𝐮𝐨𝐭𝐞 - Pexapark’s Price Intelligence Platform. Find out what other customers are saying about PexaQuote 👉: https://lnkd.in/gbXAgEtn #renewableenergy #renewables #energytransition #marketintelligence

𝐌𝐚𝐫𝐤𝐞𝐭 𝐬𝐨𝐮𝐫𝐜𝐞𝐬 𝐢𝐧 𝐆𝐞𝐫𝐦𝐚𝐧𝐲 🇩🇪 𝐡𝐢𝐠𝐡𝐥𝐢𝐠𝐡𝐭 𝐭𝐡𝐞 𝐬𝐢𝐠𝐧𝐢𝐟𝐢𝐜𝐚𝐧𝐭 𝐨𝐩𝐩𝐨𝐫𝐭𝐮𝐧𝐢𝐭𝐲 𝐩𝐫𝐞𝐬𝐞𝐧𝐭𝐞𝐝 𝐛𝐲 𝐚𝐝𝐝𝐢𝐭𝐢𝐨𝐧𝐚𝐥𝐢𝐭𝐲 𝐞𝐱𝐞𝐦𝐩𝐭𝐢𝐨𝐧𝐬 𝐟𝐨𝐫 𝐡𝐲𝐝𝐫𝐨𝐠𝐞𝐧 𝐝𝐞𝐯𝐞𝐥𝐨𝐩𝐞𝐫𝐬. This comes as a result of the EU’s Delegated Act. Our experts analyse two particularly attractive options emerging in Germany as a result. Want to learn more? Log into 𝐏𝐞𝐱𝐚𝐐𝐮𝐨𝐭𝐞'𝐬 𝐌𝐚𝐫𝐤𝐞𝐭 𝐖𝐚𝐭𝐜𝐡 to reach the full article. 𝐏𝐞𝐱𝐚𝐐𝐮𝐨𝐭𝐞 𝐬𝐮𝐛𝐬𝐜𝐫𝐢𝐛𝐞𝐫𝐬 get exclusive visibility fast, into the latest price insights and market activity. These frequently updated market snippets combined with our analysis gives Pexapark customers greater context around the changes in green energy prices. You may also be interested in our other latest headlines this week: ✅ 16 Corporate PPAs announced in GB 🇬🇧 in first half of 2024, with increased deal flow expected in second half ✅ Operational challenges undermine interest in 🇪🇸 Spain’s FERGEI renewable guarantees Get in touch with our team if you are interested to read these articles in full 👉 : https://lnkd.in/e6jC95QM New to PexaQuote? Sign up to check out a free version of PexaQuote here 👉: https://lnkd.in/eVpYaYF4 #marketintelligence #renewableenergy #renewables #energymarkets

🎥 Watch our latest 𝐖𝐞𝐛𝐢𝐧𝐚𝐫 𝐑𝐞𝐩𝐥𝐚𝐲 on the 𝐑𝐞𝐩𝐨𝐫𝐭𝐞𝐝 𝐏𝐫𝐢𝐜𝐞 𝐑𝐚𝐧𝐠𝐞 𝐨𝐧 𝐏𝐞𝐱𝐚𝐐𝐮𝐨𝐭𝐞, our renewable energy price reference and market intelligence platform. 💡 𝐖𝐡𝐲 𝐝𝐨 𝐲𝐨𝐮 𝐧𝐞𝐞𝐝 𝐭𝐡𝐞 𝐫𝐞𝐩𝐨𝐫𝐭𝐞𝐝 𝐩𝐫𝐢𝐜𝐞 𝐫𝐚𝐧𝐠𝐞? Our PPA reference pricing data illustrates a growing divergence in how offtakers price PPAs, either by pricing in risk (pricing a discount to the fair value) or paying a ‘green premium’ (pricing at a premium). The width of this price range varies across markets, and we believe understanding and monitoring these critical pricing dynamics is key to supporting stronger renewable sales and procurement strategies. 📊 𝐖𝐡𝐚𝐭 𝐢𝐬 𝐭𝐡𝐞 𝐑𝐞𝐩𝐨𝐫𝐭𝐞𝐝 𝐏𝐫𝐢𝐜𝐞 𝐑𝐚𝐧𝐠𝐞? This unique dataset is sourced from corporate and utility transaction and bid prices, incorporating data that isn't accessible in the market, from our monthly PPA price polls. The feature highlights the upper and lower range of market-observed prices over a given period. This enhancement provides unrivalled transparency for liquid markets! Log into PexaQuote to hear our experts explain the latest market pricing dynamics and the newly launched Reported Price Range in our webinar replay. 👉 Watch directly from you PexaQuote account here: https://lnkd.in/eH6QjseY 👉 Don’t have an account? Create a free account here: https://lnkd.in/e2qKbUA4 #marketintelligence #renewableenergy #renewables #energymarkets

🚀 𝐏𝐞𝐱𝐚𝐏𝐨𝐫𝐭𝐟𝐨𝐥𝐢𝐨 𝐈𝐧𝐬𝐢𝐠𝐡𝐭𝐬 𝐌𝐚𝐲 '24 – This month, we use PexaOS data to identify the root cause of differences between realised and budgeted revenue Spot prices have recovered month-on-month, leading to a 3% increase in the average realised price vis-à-vis recent expectations. This month, we also use the PexaOS to take stock of year-to-date performance vis-à-vis the forecast at the beginning of the year. 💡 𝐓𝐡𝐞 𝐏𝐞𝐱𝐚𝐏𝐨𝐫𝐭𝐟𝐨𝐥𝐢𝐨 𝐟𝐞𝐭𝐜𝐡𝐞𝐝 𝐚𝐧 𝐚𝐯𝐞𝐫𝐚𝐠𝐞 𝐨𝐟 𝐄𝐔𝐑 64/𝐌𝐖𝐡, compared to the EUR 62/MWh expected (as of 30 Apr) 💡 𝐘𝐞𝐚𝐫 ��𝐨 𝐃𝐚𝐭𝐞: Lower-than-expected onshore wind production in Sweden and falling solar capture rates beyond sunny Southern Europe keep portfolio revenues below what was budgeted in the beginning of the year 💡 𝐓𝐡𝐞 𝐩𝐨𝐫𝐭𝐟𝐨𝐥𝐢𝐨’𝐬 𝐨𝐧𝐬𝐡𝐨𝐫𝐞 𝐰𝐢𝐧𝐝 𝐌𝐨𝐧𝐭𝐡𝐥𝐲 𝐁𝐚𝐬𝐞𝐥𝐨𝐚𝐝 𝐏𝐏𝐀 𝐢𝐧 𝐒𝐰𝐞𝐝𝐞𝐧 has been bleeding due to lower-than-expected wind output, but the overall drop of pricing has opened an opportunity to mitigate underproduction risk Read all about our new analytical initiative in our PPA Times- June 2024 Edition directly from your account (for existing 𝐏𝐞𝐱𝐚𝐐𝐮𝐨𝐭𝐞 subscribers) 👉 : https://lnkd.in/eardtbMw If you don't yet have an account with us, follow this link to create your free account 👉 : https://lnkd.in/d5H6VEv #ppa #renewableenergy #renewables #marketintelligence #ppatimes #energytransition

🇮🇹 Pexapark's Account Executive Conor Costello and Price Reporter & PPA Market Editor David Valerio Battista will be attending Solarplaza Summit Italy next week (11th July) in Rome. They are keen to meet and have a chat about PPA pricing data, latest regulatory and market insights, help you understand how volatilities are impacting your green energy pricing and identify key markets, technologies and PPA structures that pay more! Reach out to them for a coffee and discover Europe’s trusted PPA pricing data and market intelligence platform, PexaQuote.📈📊 See the Summit agenda here: https://lnkd.in/dyXsbcD9 #marketintelligence #renewableenergy #renewables #energymarkets

𝐋𝐨𝐰𝐞𝐫 𝐜𝐚𝐩𝐭𝐮𝐫𝐞 𝐟𝐚𝐜𝐭𝐨𝐫𝐬 𝐚𝐫𝐞 𝐫𝐞𝐬𝐡𝐚𝐩𝐢𝐧𝐠 𝐝𝐞𝐛𝐭 𝐬𝐭𝐫𝐚𝐭𝐞𝐠𝐢𝐞𝐬 𝐟𝐨𝐫 𝐬𝐨𝐥𝐚𝐫 𝐩𝐫𝐨𝐣𝐞𝐜𝐭𝐬 𝐢𝐧 𝐒𝐩𝐚𝐢𝐧 🌞 🇪🇸 . Interested in what new financial instruments are being introduced to combat increased profile risk? Log into 𝐏𝐞𝐱𝐚𝐐𝐮𝐨𝐭𝐞’𝐬 𝐌𝐚𝐫𝐤𝐞𝐭 𝐖𝐚𝐭𝐜𝐡 to read our analysis and learn more. Key questions addressed: ✅ How is debt sizing changing for fully merchant solar projects? ✅ What new risk management strategies are lenders implementing? 𝐏𝐞𝐱𝐚𝐐𝐮𝐨𝐭𝐞 𝐬𝐮𝐛𝐬𝐜𝐫𝐢𝐛𝐞𝐫𝐬 get exclusive visibility fast, into the latest price insights and market activity. These frequently updated market snippets combined with our analysis gives Pexapark customers greater context around the changes in green energy prices. You may also be interested in our other latest headlines this week: 💡 𝐈𝐭𝐚𝐥𝐲'𝐬 14𝐭𝐡 𝐅𝐄𝐑-1 auction falling short, the spotlight turns to promising FER-X scheme 💡 Rising interest in 𝐬𝐡𝐨𝐫𝐭-𝐭𝐞𝐫𝐦 𝐏𝐏𝐀𝐬: Pexapark introduces new PPA products with 2026 start dates 💡 Zero-subsidy trend continues as 𝐆𝐞𝐫𝐦𝐚𝐧 𝐨𝐟𝐟𝐬𝐡𝐨𝐫𝐞 𝐰𝐢𝐧𝐝 auction awards 2.5 GW for 3bn EUR Get in touch with our team if you are interested to read these articles in full 👉: https://lnkd.in/e6jC95QM New to PexaQuote? Check out a free version of PexaQuote here 👉: https://lnkd.in/eVpYaYF4 #marketintelligence #renewableenergy #renewables #energymarkets

📊 𝐏𝐏𝐀 𝐓𝐫𝐚𝐜𝐤𝐞𝐫 𝐌𝐚𝐲 ‘24 – Europe’s deal count increased 14% month-on-month with good maintenance of disclosed volumes May proved another strong month for the European PPA Market, with a mix of recurring trends such as elevated demand from tech and exotic developments such as the geographical expansion of solar-plus-storage Hybrid PPAs! 💡 We recorded a total of 1,537MW of 𝐝𝐢𝐬𝐜𝐥𝐨𝐬𝐞𝐝 𝐜𝐨𝐧𝐭𝐫𝐚𝐜𝐭𝐞𝐝 𝐯𝐨𝐥𝐮𝐦𝐞𝐬 across 32 PPA announcements 💡 𝐓𝐨𝐩 𝐃𝐞𝐚𝐥 𝐨𝐟 𝐭𝐡𝐞 𝐌𝐨𝐧𝐭𝐡: Amazon to offtake 596MW of Spanish solar linked to 11 onshore wind and solar pv assets, from an undisclosed counterparty 💡 𝐅𝐫𝐚𝐧𝐜𝐞’𝐬 𝐢𝐧𝐚𝐮𝐠𝐮𝐫𝐚𝐥 𝐬𝐨𝐥𝐚𝐫-𝐩𝐥𝐮𝐬-𝐬𝐭𝐨𝐫𝐚𝐠𝐞 𝐇𝐲𝐛𝐫𝐢𝐝 𝐏𝐏𝐀 proves that the concept expands beyond the usual suspect jurisdictions, while Austria and Romania complete the month’s highlights Jump into our more recent PPA Times Edition to access the only publicly available commentary on Europe’s PPA deal flow directly from your account (for existing 𝐏𝐞𝐱𝐚𝐐𝐮𝐨𝐭𝐞 subscribers) 👉 : https://lnkd.in/eardtbMw If you don't yet have an account with us, follow this link to create your free account 👉 : https://lnkd.in/d5H6VEv #ppa #renewableenergy #renewables #marketintelligence #ppatimes #energytransition

Germany and Spain are still leading the PPA market - but how are negative power prices are impacting producers in both countries ? As "the margin is getting thinner" and a slowdown in investments can be expected if the development continued. According to Pexapark's VP advisory Jens Hollstein in the recent article published by Reuters, there is a flip-side: the power market is now seeing a bigger gap between low and high-priced hours, increasing the incentive to invest in storage. Read the full article here 👉: https://lnkd.in/dvmdPhYU #renewables #ppa #ppas #renewableenergy #energytransition