For the past three years, 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.
The North America Q1 report shows demand for PPAs remains strong as pricing rose for both wind and solar PPA price offers. Developers are working to understand what impact the Inflation Reduction Act (IRA) as well as new federal and local policies will have on PPA prices. These factors, coupled with a complex supply chain environment and rising capital costs, contribute to pricing showing a mixed picture across ISOs.
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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 forms below.