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What are they? How to calculate them? Why are they relevant? Let's find the answers.
A Capture Price is the average electricity price (in €/MWh) that a project achieves according to its technology (wind or solar PV) and geographic specific renewable energy resources (wind speed or solar irradiation) throughout a given period of time.
Capture prices tend to decrease in comparison to baseload prices as the generation capacity of a project specific technology increases.
1. Using our PPA Evaluation Tool
2. Using the Formula
The capture prices (CP) can be calculated in two steps using hourly production (hP) values of a renewable energy project and electricity market spot prices (hSP) over a specific period of time.
Step 1: hourly revenues = hP x hSP
Step 2: CP = sum of hourly Revenues / sum of hP
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