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Renewable PPA prices continue to climb as supply tightens

January 13, 2022


North America’s most competitive renewable power purchase agreement (PPA) prices rose by 5.9% from 2021 Q3 to 2021 Q4, according to the latest price index series from LevelTen Energy.

Prices are trending upward for the third consecutive quarter, according to LevelTen. The market average for solar PPA offers rose 5.7% to $34.25 per MWh, while wind was up 6.1% to $38.36 per MWh.

The LevelTen index series analyses thousands of wind and solar PPA pricing offers listed on its Energy Marketplace across 21 countries in Europe and North America. The firm looked at data on 265 price offers from 205 renewable energy projects across the United States.

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