High solar and wind penetration in early 2026 is driving wholesale prices to zero or negative during peak generation periods, creating substantial revenue risks for developers with pay-as-produced PPAs. This session explores the drivers and financial impact of price cannibalisation, and how developers can adapt their commercial strategies to protect project returns.
- How high renewable penetration during peak generation periods is driving zero and negative wholesale prices, and the impact on developer revenues under pay-as-produced PPAs
- Analysing frequency and duration of price collapse events in 2026, identifying vulnerable generation profiles, and assessing the financial exposure for solar and wind projects
- Alternative contract structures including baseload PPAs, shaped products, battery co-location, curtailment clauses, and hybrid revenue models to mitigate cannibalisation risk and secure bankable returns
