14 Sep '18, 7am

PPAs give old projects new lease of life

In 2020, 4.4GW of German onshore wind will have dropped out of the 20-year support system, with the capacity rising to about 16GW by 2025. Once support expires, wind farm owners can either close down the project, or sell their electricity into the market. Smaller German onshore wind farm operators generally do not have the means to participate in wholesale electricity markets, and lack the financial resources to ride out fluctuations in wholesale electricity prices. But the first two PPAs for electricity from projects leaving the guaranteed price support system indicate the wind sector has found a way to ensure 20-plus-year-old wind assets can continue to operate outside the state support system. Green electricity company Greenpeace Energy has signed Germany’s first PPA for direct supply of private customers, with wind-generated electricity from citizens' wind farm Ellhöft...

Full article: https://www.windpowermonthly.com/article/1492488/ppas-giv...

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