In the quarter to the first quarter of 2024, the average renewable PPA price in North America increased by just 0.9%. Image: SunPower
Power purchase agreement (PPA) services company LevelTen Energy has published its latest report into renewable PPA prices, revealing what it called “increased stability” as renewable PPA offer prices in North America increased by less than 1% from the previous quarter.
LevelTen’s latest figures cover the first quarter of 2024, and demonstrate that, among the 25th percentile of PPA prices, the average price of a solar PPA fell by 1.5%, compared to the fourth quarter of 2023. By comparison, the average price of a wind PPA increased by 2.4%, giving renewable PPAs an overall price increase of just 0.9%, a significant stabilisation after months of continued fluctuations.
(The above content is reproduced from pv-tech，By JP Casey）
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