European Energy impatiently awaits power price cap's manifestation

With energy projects in 15 different EU countries and the signing of a great number of PPAs across Europe, it’s very important to European Energy how the union’s power price ceiling is implemented.
European Energy develops and constructs wind and solar farms around the world, such as this one near Harre, Western Denmark. | Photo: European Energy
European Energy develops and constructs wind and solar farms around the world, such as this one near Harre, Western Denmark. | Photo: European Energy
by LOUISE WENDT JENSEN, translated by jonas sahl hollænder

When European Energy develops and builds solar and wind farms around Europe, it often does so on the basis of power puchase agreements (PPAs). These are long-term electricity agreements, usually lasting for ten years.

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