RE-Source's corporate PPA guide: how to help more corporates sign renewable power purchase agreements

Corporate power purchase agreements (PPAs) are a key part of Europe’s energy transition and industrial decarbonisation, increasingly recognised in European policy – from the Clean Industrial Deal to the Affordable Energy Action Plan and the 2024 reform of the Electricity Regulation (Regulation (EU) 2024/1747). These long-term power contracts between renewable energy buyers and suppliers provide predictable energy prices, facilitate decarbonisation, and drive new investments in renewable energy. Nevertheless, while demand for PPAs is growing, deployment across European markets and industries remains uneven. This report identifies enablers and drivers for the development of PPAs, outlining challenges and solutions.

Many issues impacting the broader renewables roll-out, impact PPAs. The EU institutions and Member States must focus on removing these bottlenecks, whilst adopting targeted policies and support for PPAs. If these efforts are undertaken, there is huge potential demand for PPAs. This will drive forward Europe’s renewable energy and industry decarbonisation targets.