EU to shore up PPA support
The European Commission has presented ideas on how to boost power purchase agreements (PPAs) to shield corporate and industrial clean electricity buyers from price volatility while decarbonizing their energy supply.
PPAs are vital to reducing clean energy costs for industrial users, according to the European Commission. The commission’s much awaited Clean Industrial Deal, presented on Feb. 26, 2025, claimed PPAs, cross-border PPAs and also contracts-for-difference (CfD) agreements can also reduce the effect of volatile coal and gas prices on household energy bills.The commission said it …
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