A new peer-reviewed study of Spain's electricity market shows that physical bilateral contracts (PBC) from wind and solar increase wholesale power prices during high-penetration phases, reversing their price-suppressing effect during earlier periods.
Solar PPAs raise Spanish spot prices, not suppress them
A new peer-reviewed study of Spain’s electricity market shows that physical bilateral contracts (PBC) from wind and solar increase wholesale power prices during high-penetration phases, reversing their price-suppressing effect during earlier periods.
May 15, 2026 Brian Publicover
Markets & Policy
Policy
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