The Pexapark Podcast

In the fourth episode of the Pexapark Podcast, Luca critically reflects on Denmark’s offshore wind setback; Germany’s oversubscribed auction and how it stacks up against PPA prices; toxic energy debates on the back of the second Dunkelfaute; the doom and gloom of Swedish onshore wind and more, followed by a vibrant discussion on exciting new PPA structures in the market. 

The risks and requirements of today’s PPA environment demand more creativity and an open mind to how deals are closed. Ann Cocquyt, Director & Regional Lead- PPA Transactions at Pexapark, reflects on her closed transactions portfolio and shares her practical thoughts on all the key new structures we see in the market. 

From zero-price risk allocation clauses – which in reality should never have been a ‘new’ trend, to how Combo PPAs should be priced. What are the different contractual setups of renewables-plus-storage deals? Why are only big corporates able to lead the 24/7 demand? And what is the one required ingredient to qualify for a Multi-buyer PPA?

Links to notes from the episode:

EnergyTwitter 1: Lion Hirth  

EnergyTwitter 2: Moving Beyond Simple PPAs  

 Energy Word 1: Bloomberg on Swedish wind  

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In the third episode of The Pexapark Podcast, Luca’s commentary on all things global renewables and PPAs includes the attractiveness of GSE’s Energy Release Platform destined to serve Italian energy-intensive industrials; Spain’s energy storage consultation; US’s Grain Belt Express high-voltage direct line project confirming that there’s no transition without transmission, and more, followed by a spotlight conversation on Multi-buyer PPAs. 

The PPA Market is moving in new frontiers, with Multi-buyer PPAs receiving much attention due to their promise to unlock new demand segments by aggregating smaller buyers. Luca dives behind the topic with Jon Sigvert, CEO & Co-founder at Reel, a Copenhagen-based B2B electricity supplier and balancing responsible party only active in the Corporate PPA space, unfolding the opportunities and the challenges of the concept and how aggregation can eventually facilitate 24/7 PPAs. 

Episode breakdown:

00:00- Intro

00:59-Regulation

04:06-Deals & Prices 

06:27-Energy Twitter

08:00- Wider Energy World 

09:33-Interview with Jon Sigvert 

Links to notes from the episode:

EnergyTwitter 1: Graig Lawrence

EnergyTwitter 2: Moving Beyond Simple PPAs  

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In this episode of The Pexapark Podcast, our edit of market developments includes an initial overview of the possible impact that Trump’s return could have on the US’s energy transition; Sweden’s rejection of 32 GW offshore wind on the back of security concerns; controversial discourse on the back of the German Dunkelfaute and more thought-provoking developments across the globe, followed by a spotlight conversation on Germany’s PPA Market. 

The land of Enegiewende represents one of the largest renewable markets in Europe, but pending market reforms are set to shake the business models of both PPAs and CfDs. Luca caught up with Jens Hollstein, EVP Advisory at Pexapark, on the fundamental dynamics of PPA deal-making in the country and how they differ for solar, offshore and onshore wind; the current interplay between the auctions and the PPA route and how BMWK’s proposed reforms on the EEG scheme can cause a fundamental recalibration of business models for new renewables. 

Episode breakdown:

00:00-Intro 
00:45-Regulation
04:45-Deals & Prices 
08:11-Energy Twitter
11:19-Interview German PPA Market at Crossroads 

Links to notes from the episode:

BMWK proposes four reform options for EEG auctions

EnergyTwitter 1: Greg Jackson rant on Dunkelflaute 

EnergyTwitter 1: Italian PPA Market

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In our inaugural episode, our edit of market trends to keep an eye on includes ACER shelving the idea of more PPA templates; increased REMIT reporting requirements; ERCOT planning for big tech to pay for grid updates; and more global energy transition stories attracting our attention followed by an in-depth focus on negative prices and PPAs.

This year has seen record levels of negative pricing hours, and the situation could get worse before it gets better. How the risk affects both clean energy sellers and buyers is one of the hottest topics, with many question marks on how the market can balance out the situation. To shed light on this complex issue, Luca sat down with Dominique Hischier, Pexapark's Head of Analysis, to explore the drivers behind the phenomenon and key implications for PPA negotiations.

Episode breakdown

00:00-Introduction The Pexapark Podcast
03:08-Deals & Prices
06:22-EnergyTwitter 
07:45-Wider Energy World
09:24-Interview Negative Prices 

Links to analysis notes from the episode:

• EnergyTwitter 1: Solar-plus-wind hybridisation in Spain https://www.20minutos.es/lainformacion/economia-y-finanzas/canibalizacion-precios-dispara-firma-contratos-electricos-combinan-eolica-solar-fotovoltaica-5638835/
• EnergyTwitter 2: 7/11 PPAs https://www.linkedin.com/posts/luca-pedretti-746ba218_ppas-renewableenergy-711ppa-activity-7247707528933830657-4p6H?utm_source=share&utm_medium=member_desktop
• Negative prices in PPAs – The state of play in 2024 https://pexapark.com/blog/negative-prices-in-ppas-the-state-of-play-in-2024/ 

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Register for your free Pexapark account to stay updated on the latest energy transition trends. Learn more >