Market Report
Europe C&I PPA landscape 2022
Report summary
This report analyses C&I PPA trends across onshore wind and solar technologies in Europe. Rising power prices and ESG requirements are pushing many commercial and industrial players to sign PPA deals with developers, as they look to hedge against recent volatility and decarbonise their operations. Indeed, a total of 10.6 GW of C&I PPAs were signed in 2021, compared to 7.4 GW in 2020. Metals and mining companies have accounted for a significant share of recent capacity, while Spain remains the most active region for PPA procurement due to its mature subsidy-free market and favourable resources. On the developer side, the rise in wholesale rates and LCOEs is also leading to increases in PPA pricing.
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