EDPR boss: 'Corporate PPAs unlikely to take off in Europe'

Corporate renewables power-purchase agreements (PPAs) are finally gaining traction in Europe, but the trend is unlikely to match the US any time soon, the CEO of a major global wind developer told the WindEurope 2017 conference.

While corporate renewables deals have become a central pillar of the US wind market, accounting for nearly 40% of wind PPAs signed last year, the model has been much slower to take off in Europe.