NewEnergyNews: New Energy Prices Spike On Supply Chain, War Worries

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YESTERDAY

THINGS-TO-THINK-ABOUT WEDNESDAY,:

  • TTTA Wednesday-ORIGINAL REPORTING: California’s Step Toward An Automated Power System
  • TTTA Wednesday-NatGas Price Spikes On EU Stand Against Russia
  • THE DAY BEFORE

  • Monday Study – The Stark Economic Risks Of The Climate Crisis
  • THE DAY BEFORE THE DAY BEFORE

  • Weekend Video: Powerful Voices Say The New Energy Economy Is Here
  • Weekend Video: Tesla’s Texas GigaFactory Brings The Batteries
  • Weekend Video: Arizona’s “Impact Earth” Team
  • THE DAY BEFORE THAT

  • FRIDAY WORLD HEADLINE-Europe’s New Energy Transition Accelerating
  • FRIDAY WORLD HEADLINE-New Energy Still The Best Buy
  • THE LAST DAY UP HERE

    THINGS-TO-THINK-ABOUT WEDNESDAY,:

  • TTTA Wednesday-ORIGINAL REPORTING: California’s Rooftop Solar Supports Questioned
  • TTTA Wednesday-The Transportation Electrification Policy Fight Goes On
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    Founding Editor Herman K. Trabish

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  • FRIDAY WORLD, May 27:
  • The New Energy “Lifeline”
  • The New Energy World At War

    Friday, April 15, 2022

    New Energy Prices Spike On Supply Chain, War Worries

    LevelTen Energy’s new report reveals that European P25 solar and wind PPA prices increased 8,6% in Q1 of 2022, reaching 57€ per MWh. Year-over-year, prices have increased 27,5%

    April 2022 (Level Ten Energy)

    “The war in Ukraine is exacerbating Europe’s ongoing energy crisis and further fueling the unrelenting demand for renewable energy contracts from corporations. Developers are struggling to meet this demand because of supply chain, interconnection and regulatory challenges…Despite uncertainty in the market, developers and buyers say they want to build and procure more renewables – including in countries that are highly dependent on Russian natural gas…

    …[Power purchase agreement prices are up 8,6%, to 57€ per MWh… European PPA prices have increased 27,5% year-over-year…High natural gas prices, fueled by the conflict in Ukraine, are spiking wholesale electricity prices, which have already been rising for months due to the energy crisis that began in Europe last year. In response to volatile energy prices, demand for power purchase agreements [that lock in electricity prices and renewable energy supply] is skyrocketing…

    …[Voracious buyer appetite for PPAs is creating a rapidly growing imbalance between demand for renewables and supply from developers, who are struggling to build new solar and wind projects fast enough due to supply chain, interconnection and regulatory challenges…[especially in Italy, Germany, and Spain]…” click here for more

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