The ICT sector has led Europe’s corporate renewable power purchase agreement (PPA) market for years. Overall, the sector still accounted for 34% of PPA capacity between 2013 and 2022. However, heavy industry is catching up with 28% of total capacity today, according to data from WindEurope.
In the midst of Europe’s energy crisis, caused by the Russian invasion of Ukraine and its subsequent cuts of gas exports to Europe, the RE-Source 2022 event started today. Organised by the RE-Source Platform, Europe’s largest corporate renewable electricity sourcing event will gather 1,000 key players in Amsterdam to exchange on renewable Power Purchase Agreements (PPAs).
Leading European corporate renewable energy buyers and sellers have sent a joint letter to the EU Parliament calling for revisions to the TEN-E Regulation to facilitate renewable electricity uptake and help deliver on the European Green Deal.
As the European corporate power purchase agreement (PPA) market grows, we are seeing a more diverse group of organisations signing PPAs, including cities, universities, and state-owned transportation groups.
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