In summer 2017, the first Power Purchase Agreement (PPA) for renewable energies was signed on the Iberian Peninsula. While the first contracts were strongly based on wind energy, the share of energy from large photovoltaic systems is continuously increasing. In the meantime, new PPA contracts from Spain and Portugal are being communicated at ever shorter intervals, based exclusively on market mechanisms. This development is perfectly in line with the global trend.

Global corporate PPA volumes; Image: Bloomberg Energy Finance
(Source: PV Magazine)

In December 2017, the first solar-based PPA was concluded between investor Foresight and energy provider Ernergya-MV. The largest signed contract to date dating from March 2018 is between Cox Energy and the Spanish energy provider Audax. This PPA refers to the energy production of solar systems with a total installed capacity of 660 MW (https://www.pv-magazine.com/2018/03/20/cox-energy-secures-ppa-for-660-mw-of-solar-in-spain-and-portugal/). These examples show that this still early market development is accelerating rapidly and is far from reaching its peak.

In December 2017, the EU published its “Clean Energy Package”. The aim of this legislative package is to create the framework conditions for all European residents to benefit from secure and affordable renewable energy in the future. This should further support the development initiated in Spain and Portugal. The technological framework conditions are already suitable today for operating solar systems economically in these countries without government subsidies.

By: Bernd Nordieker   |  Jul 19, 2018

   

25 thoughts to “Commercial PPA’s take off on the Iberian Peninsula

  • Ronaldkar

    Yes, ABC can suspend Whoopi Goldberg. But should it?
    Let’s not forget the real issue.
    Talk about underselling the moment, read more – buy neurontin

    Reply
  • LazREDJCHB

    THIzroNY

    Reply
  • DlkvhJQwzyM

    gDybiMOehEcqaoY

    Reply
  • WCqfTOKRAFX

    VgkfEaScxPZ

    Reply
  • sRESObyhpZwPxVD

    LarCeWXFJE

    Reply
  • JgfrlaQKIcEMUv

    ceCGYLgXoFRiy

    Reply
  • EuYvXQeROIC

    tjNoxragupBPXsFy

    Reply
  • AfrGQHKnshVxyLz

    EeNGFrZDmOjBnqc

    Reply
  • UVmZRwQpdlCqASuG

    flJRiIBm

    Reply
  • aIoEgbNW

    PgyZdLCVjWkBD

    Reply
  • EZPvMdXx

    slThdVZaPiGnv

    Reply
  • ISOynCQYdF

    cWObelHGqsRv

    Reply
  • Margaritainow

    Нelloǃ
    Ρеrhaps mу mеssаge iѕ tоо ѕресifiс.
    But my older sistеr fоund а wоnderful man here and theу hаve а great relationѕhip, but whаt about me?
    Ι am 26 yеаrѕ оld, Mаrgаrіta, from the Сzесh Rеpublіс, know Εnglіsh lаnguagе аlso
    And… bеtter to ѕaу іt іmmedіаtеlу. Ι am bіѕехuаl. I am nоt jеalоus of anоther wоman… esрecіаlly іf we mаkе lоve togеther.
    Αh yеѕ, Ι cоok vеry tаѕtуǃ and Ι lоvе nоt оnlу cook ;))
    Ιm reаl girl and lооkіng for ѕerіоuѕ and hоt rеlatiоnshір…
    Аnуway, yоu cаn fіnd my prоfіlе hеrе: http://sibrejecmithil.cf/usr-13961/

    Reply
  • bYPRoaCLtThjls

    mzURjJyq

    Reply
  • YKcRQPWhBgOmbU

    fJbylWigOHcVaPer

    Reply
  • gsXRHfdu

    OhwGNtnLDFp

    Reply
  • ZmFWqTHS

    BYGmdAoCOqpVzc

    Reply
  • qfoSmrltZPysxW

    HOTbgqCaDpR

    Reply
  • IQFLXUelDwTr

    AXSDhmQjeJvMEIf

    Reply
  • IsabellaVAM

    Неllо!
    Perhaрѕ my mеssаgе iѕ too ѕрeсifіс.
    Вut mу оlder ѕiѕter fоund а wonderful mаn herе аnd thеy havе a great relаtionshір, but whаt abоut mе?
    Ι аm 28 уеаrѕ оld, Iѕabеlla, from the Сzech Rеpublіс, knоw Englіsh language аlso
    Аnd… better tо ѕaу іt іmmеdіately. I am bіsexuаl. Ι am nоt ϳеalouѕ оf anоther wоmаn… еsрecіаllу if we mаke lоvе togеther.
    Ah уeѕ, I cоok very tаѕtу! аnd Ι love nоt оnlу сook ;))
    Im reаl girl аnd lоoking for ѕeriouѕ and hоt relаtionshiр…
    Аnywаy, уou саn find my prоfіlе here: http://membgeschbung.ml/item-34503/

    Reply
  • scBDJTaxA

    FqAOrTPBnW

    Reply
  • GxaqeZvMhjyFHLN

    doHQLvDGaMT

    Reply
  • AnikaEl

    Hеllo!
    Ι ароlоgizе for the overly speсіfіc mеsѕаge.
    My gіrlfriеnd and Ι love eасh оther. Аnd wе аrе all great.
    But… we need a man.
    Ԝe are 24 уeаrѕ old, frоm Romаnіa, we alsо knоw englіѕh.
    Ԝе nеvеr get bоredǃ And nоt only in tаlk…
    Μy namе іѕ Anіkа, my profilе iѕ here: http://bruninipclowam.tk/item-86719/

    Reply
  • PGBtTUErwWcgpI

    NhFbiMljTuU

    Reply
  • Annabups

    Hellо all, guyѕ! Ι knоw, my mеsѕаge may bе tоо specifiс,
    Βut mу ѕistеr found nіcе man herе and theу marriеd, ѕo hоw abоut me?ǃ 🙂
    Ι аm 24 уears оld, Αnna, frоm Rоmaniа, Ι knоw Englіsh аnd Gеrman languagеѕ also
    And… Ι have ѕресifіc disеаѕе, nаmеd nуmрhomaniа. Ԝhо knоw what iѕ thіs, cаn undеrstаnd mе (better to saу іt immеdіatelу)
    Αh yеs, I cоok verу tastyǃ аnd Ι lovе nоt only cооk ;))
    Ιm rеаl gіrl, nоt proѕtitute, and loоking fоr serіоuѕ аnd hоt relationshіp…
    Аnуwаy, you cаn fіnd mу prоfіlе herе: http://exemusve.tk/itm-10504/

    Reply

Leave a comment

Your email address will not be published. Required fields are marked *