Montel News - Energy Insights

Can PPAs survive Europe's negative- and zero-price era?

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May 26, 2026

With negative-price hours multiplying across Europe and zero-price clearing spreading through Italy's day-ahead market, the long-term contracts underpinning the renewables build-out are under pressure. How do you make a PPA bankable when the underlying price keeps collapsing?

Reporting by Alina Trabattoni, European Energy Correspondent, Montel News. Contributor: Alessandro Marangoni, CEO, Althesys.