Leveraging CPPAs to navigate the challenges of negative power prices
Leverage CPPAs to navigate the challenges of negative power prices
In recent years, negative power prices have become a growing phenomenon in the UK’s electricity market. In 2024, Britain experienced 248 hours of negative power prices, a notable increase from 213 hours in 2023 (based on intraday Market Average Price). This trend underscores the complexities of balancing renewable energy generation with fluctuating demand.
While negative power prices pose challenges for generators, they also highlight the opportunities for innovative solutions like Corporate Power Purchase Agreements (CPPAs) to mitigate the impact.
This white paper explores the causes and implications of negative power prices and outlines how CPPAs can support renewable energy generators in navigating these challenges.
Download the Whitepaper to learn more!