After years of rapid expansion, the power purchase agreement (PPA) market hit a slowdown in 2025. Falling capture rates, rising negative prices and increasing volatility have made deals harder to structure and price, forcing both buyers and sellers to rethink how risk is shared.
At the same time, renewable capacity continues to grow, reshaping price dynamics and pushing the market into a more complex and mature phase. So is this a temporary slowdown or a fundamental shift in how the PPA market works?
This episode of Plugged In, hosted by Richard Sverrisson, Editor-in-Chief at Montel, breaks down the data, trends and structural changes shaping the market.
Guests
- Chirag Ahuja, Implementation Director, BroadPeak
- Alina Trabattoni, Italy Correspondent, Montel
- Luca Pedretti, COO & Co-founder, Pexapark
