22 July 2024

PPA and GPA Pricing Update July 22nd 2024

Green Gas and PPA markets start the week lower.

  • The key drivers are
    • moves down in the broader commodity complex.
    • strong renewable performance.
    • continued low demand. 
  • Looking at Eastern European markets, pricing in Greece and Romania seems to be the exception to weakness, with spot pricing pushing €500 on the back of cooling demand and some supply issues.
  • Carbon markets continued to trade with weak price action, EUA Dec24 at €64.72/t. 
  • Benchmark US Oil contract WTI trades below $80.
  • LNG markets are also softer on the Freeport export restart.
PPA Manager

Jamie Banks
PPA Manager at New Stream

If you want to see PPA or Green Gas pricing, please call the desk or email Fran or me.