When EU energy ministers on September 30 backed plans to allow governments to collect excess revenues from certain energy generators, the renewables industry suggested investors might be spooked.
The power purchase agreement (PPA) market – for the sale and purchase of electricity supply – was singled out by some clean energy experts as a potential victim of Europe’s changing energy policies. The market looks less vulnerable in the short term than some feared, but the future for clean energy investments remains unclear as Europe fights to deal with the dual challenge of keeping the lights on this winter and weaning itself off Russian gas.
