Power purchase agreement (PPA) prices for renewable energy have historically been shrouded in mystery. Until now. Every quarter LevelTen Energy publishes its PPA Price Index Report, which provides an in-depth look at PPA price averages submitted through the LevelTen Energy Marketplace. The report provides price averages broken down nationally and across independent service operators (ISOs), and split by wind and solar. It also includes data on average project size and forward shape scalers across geographies and energy types.
This index helps developers benchmark their projects against the competition, and it enables renewable energy buyers to make more informed decisions when selecting projects that support their sustainability goals.The Q4 2018 PPA Price Index reveals some interesting trends:
- Overall, PPA prices rose slightly, increasing 1.3% from last quarter. This is a change from the downward trendwe saw in Q3 and Q2 2018.
- Solar prices rose moderately in most markets, with the notable exception of Southwest Power Pool (SPP).
- Wind price movement was a mixed bag, with prices rising in three regions and dropping in two.
To see the full results, download the report below.
Up-to-date data is always the most useful-so LevelTen publishes its PPA Price Index on a quarterly basis. However, PPA prices represent only a fraction of the data required to effectively evaluate PPA opportunities. For real-time analysis of project value and risk, cash flow modeling, price curves and more, please request access to the LevelTen Marketplace.