In a recent interview with Carbon Pulse, Trio's Corina Melchor, Senior Clean Energy Advisor, discusses how corporate buyers of renewable energy need to temper their expectations on price when signing long-term contracts for electricity due to inflation and higher financing costs.
There are many challenges involved in negotiating corporate power purchase agreements (PPAs) for solar and wind energy in Europe, ranging from negative power prices in some places, to higher materials costs and costs of financing driving up project costs, said Corina.
“It used to be the case that signing the PPA, outside of the societal and environmental benefits, was also a financially appealing proposition, but that's no longer the case,” she told Carbon Pulse.