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Global renewable power prices soar on heavy demand, chaotic supply chain | Money

NEW YORK, April 13 — Prices for wind and solar power in major global markets have climbed nearly 30 per cent in a year as developers have struggled with chaotic supply chains and surging costs for everything from shipping to parts to labour, according to a report published today. Contract prices...
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Renewable Energy Prices Skyrocket Nearly 30% in One Year, Threatening Corporate and Federal Net Zero Ambitions, According to Latest LevelTen Energy Report

LevelTen Energy’s newly released Power Purchase Agreement (PPA) Price Index reveals that North American P25* solar and wind PPA offer prices increased 9.7% to nearly $40 per MWh in the first quarter of 2022
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Bridge Michigan is a nonprofit, nonpartisan news organization that provides passionate and rooted Michigan readers with honest, fact-driven journalism on the state’s diverse people, politics, and economy. We serve as your watchdog on the biggest issues impacting your daily life, giving you insightful coverage you can’t get anywhere else. Receive Bridge in your inbox for free by subscribing here.
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