16 September 2024

PPA and GPA Pricing Update September 16th 2024

PPA and Green Gas Markets start the week lower.

Underlying NBP gas is down on strong supply as we approach “heating season” with ample storage inventories. 

LNG markets remained calm despite Hurricane Francine heating the coast of Louisiana.

Power demand remains weak across Europe, and French Nuclear performance remains strong. 

In Germany’s calendar year 2025, power is trading at a five-month low due to a struggling economy and low demand.

In the UK, the same period is holding up a little better for now, and it may still present PPA-fixing opportunities for renewable generators.

If you are still waiting to contract 2025 / 2026 PPAs, please feel free to call the desk to desk best options and strategy. 

PPA Manager

Jamie Banks
PPA Manager at New Stream

Thanks

Jamie