Renewable PPA market gains momentum

Wind Industry Profile of

Latest research from Cornwall Insight’s ‘Renewable PPA market share report’ highlights that the market for renewable PPAs is showing increased capacity despite challenges in the sector. In fact, Cornwall Insight assessed a total of 30,710MW of renewable PPA capacity, a 1,190MW increase from our previous report, which assessed capacity as of September 2020.

Below is a graph that highlights the publicly announced capacity since August 2019. It also shows that the majority of this new capacity came from projects commissioning under the Contracts for Difference (CfD) scheme. As of March 2021, Cornwall Insight identified 905MW of active CfD capacity signed to a PPA, with a further 3.7GW of capacity signed to PPAs but not yet operational. ... More: Official Press Release Cornwall Insight

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Cornwall Insight, research, renewables, PPA, CPPA, market, solar, wind, offshore, onshore, operational, capacity, future, report