North American Wind Prices Fall, While Prices in Europe Are

North American Wind Prices Fall, While Prices in Europe Are 'Defined by Stability'


North American Wind Prices Fall, While Prices in Europe Are ‘Defined by Stability’
(Credit: Pexels)
Wind prices in the US dropped by 6.2% in the first quarter of the year, after four quarters of strong rising trends, according to LevelTen Energy’s new PPA Price Index. “For the past few years, wind prices as a whole have been rising, and they increased significantly in 2020,” says Rob Collier, VP of developer relations for LevelTen Energy. “The extension of renewable Production Tax Credits (PTC) in December 2020 appears to have tapered that increase. Time will tell if the continuation of such policies will create a stabilizing effect on North American wind prices.”

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