Nordics PPA virtual roundtable

The latest inspiratia webcast brings together NordLB, DLA Piper, Pöyry and Marguerite on a virtual roundtable to discuss the outlook of the Nordics PPA market

The impressive resources for onshore wind in the Nordics has brought forward large projects and deal volumes that have driven LCOEs so low that the subsidy-scheme run by Norway and Sweden is no longer needed to make projects economically viable.

Rather, these market conditions have created a strong PPA market made up of US tech corporates, large industrials and increasingly energy traders, who are adding greater long-term liquidity into the mix.

inspiratia speaks with Jorn Leeuwendal, Natasha Luther-Jones, Katherine Bakke and Martin Sichelkow to further explore the unique characteristics of Nordic PPAs, the integral role energy traders could play in aggregating corporates, emerging PPA structures and markets.

Listen to the conversation below:

Panellists:

• Jorn Leeuwendal, Director, NORD/LB
• Natasha Luther-Jones, Partner, Global Co-Chair, Energy and Natural Resources Sector, DLA Piper
• Kathrine Stene Bakke, Senior Principal, Pöyry Management Consulting
• Martin Sichelkow, Investment Director, Marguerite

Timestamps:

• 1.14 – Nordic market characteristics
• 2.26 – Decline in elcert value
• 10.10 – Direction of contract tenors
• 15.40 – Role of energy traders and guarantees of origin
• 21.16 – Synthetic PPAs
• 22.04 – Merchant appetite
• 27.05 – M&A developments
• 29.30 – Wholesale prices and cannibalisation
• 32.18 – Emerging Nordic markets, Finland and Denmark