Tackling merchant risk: Europe energy storage offtake market deep dive Report

Insight 18 July 2024

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Report summary

Wood Mackenzie provides insight into the Europe renewables power purchase agreement (PPA) landscape and the dynamics of the PPA market across the continent through a comprehensive assessment that covers both physical and virtual arrangements for onshore wind, offshore wind, utility-scale solar and storage projects. With the increasing role of energy storage systems in the power markets, this report delves into emerging battery contract trends, such as hybrid PPA contracts, tolling and optimisation contracts, and cross-border PPAs. The research also explores different business cases per offtaker type.