March 31, 2025Solar PPAs without signatures and wind power without supply: the renewable energy market in Spain enters a zone of imbalance

Spain
Solar PPAs without signatures and wind power without supply: the renewable energy market in Spain enters a zone of imbalance

In the first quarter of 2025, solar PPA buyers are offering contracts between €25 and €30/MWh, although projects are only viable starting at €35/MWh. This has led to a minimal volume of contracts. In contrast, wind power is trading above €50/MWh, with peaks of up to €54/MWh, but there are no wind farms available to sell this energy.

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