Markets & Policy

Pexapark logs more than 1 GWh of European storage PPAs in March

War in the Middle East is putting pressure on energy markets and boosting the value of solar and storage power purchase agreements (PPAs), with Europe seeing a surge in activity in March, according to Swiss consultancy Pexapark.
Pilar Sánchez Molina
By
Pilar Sánchez Molina
Image: AES Hawaii

From ESS News

Conflict in the Gulf has brought a structural shift to global energy markets that extends beyond short-term volatility. Attacks on liquified natural gas (LNG) infrastructure has amplified the impact on energy markets, according to Pexapark, following an initial focus on temporary logistical disruptions. War between Israel, the United States and Iran could now pose medium-term supply risks.

It’s a shift that has direct consequences for electricity markets, power purchase agreements (PPAs) and the battery energy storage system (BESS) sector.

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