The new cost of wind: Cannibalisation, PPA price pressure and Wholesale CfD pricing

The push towards Clean Power 2030 is set to significantly increase wind capacity...

With over 25GW already in the pipeline, almost doubling today’s levels. With very low marginal costs, this growing fleet will fundamentally reshape wholesale market dynamics.

As wind penetration rises, cannibalisation effects will drive down wholesale prices that then need to be factored into Power Purchase Agreement (PPA) pricing and long-term hedging strategies. The same dynamics will also influence strike prices for the government's upcoming Wholesale Contracts for Difference (CfD), which must reflect expected capture prices, potentially over extended periods.

Why attend?

Join us as we explore how these market shifts are set to impact revenues, risk allocation, and contract pricing and how external shocks, such as gas price volatility, can further amplify hedging costs in an increasingly wind-dominated system.