Since 2018, LevelTen Energy has been publishing its quarterly PPA Price Index report, the renewable energy industry’s only source of data on real power purchase agreement (PPA) price offers updated within the last 90 days. The report helps clean energy buyers, sellers, advisors and investors understand price trends, benchmark deals, and prepare for what’s ahead.
Overall, the Q3 North America report shows that demand for PPAs remains strong and solar and wind PPA prices are continuing to stabilize. This quarter, the North American P25 solar PPA prices rose by 4% due to price increases in certain ISOs like PJM, SPP, and ISO-NE. While Wind P25 PPA prices in North America remained relatively stable, with a 1% decrease in Q3, driven by a decline in SPP prices.
The free executive summary, which includes market-averaged P25 PPA price indices and a preview of the full report, is available for download by completing the form below.