1、Click here or press enter for the accessibility optimised versionEXECUTIVE SUMMARYEUROPEANCPPA BAROMETERQ1 2023Click here or press enter for the accessibility optimised versionINTRODUCTIONIntroductionTo meet their sustainability targets and protect themselves against price volatility in energymarket
2、s,an increasing number of companies across Europe are paying close attention to CorporatePower Purchase Agreements(CPPAs).These direct contracts between a producer and a consumersecure a supply of high-quality green energy for the long-term at a firm price.Every quarter,Capgemini Invent publishes it
3、s European CPPA Barometer,a comprehensive reporton the latest deals and trends,bringing more transparency to this dynamic market composed ofover-the-counter contracts.This second edition of the Barometer covers Q1 2023,during which period European energymarkets were marked by a general decrease in p
4、rices.Moreover,EU Member States introducedtemporary profit caps for energy generation,sometimes with high discrepancies across countries.Despite this,the CPPA market has never been so active.In almost all the studied countries in thisreport,65 deals were signed(versus a hundred for 2022 year),record
5、-level volumes wereannounced(+19%versus total volume cumulated by the end of 2022),and energy-intensiveofftakers finalized multiple agreements in various geographies.MethodologyIn terms of methodology:The Barometer covers the national CPPA market of 13 European countries.France is also covered in mo
6、re detail in the Baromtre des AchatsdEnergie Verte,a quarterly green sourcing report published in parallel:Read ReportThe main indicator presented in the report is the cumulated annual volume of CPPAs announced in each country.It corresponds to the sum of theelectricity volume(in GWh/y)of all CPPAs