Acciona’s trading statement published last Thursday reflected a great start to the year with an increase in total capacity which strengthened generation by 6.7%. The global average selling price fell by c.30% but remains high compared to its pre-Energy Crisis levels which leads us to believe that there is still some downward potential, especially in view of the current trend in gas prices.

17 May 2023
Q1 2023: New capacity and higher generation but at a lower price

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Q1 2023: New capacity and higher generation but at a lower price
- Published:
17 May 2023 -
Author:
Pierre-Alexandre Ramondenc -
Pages:
2 -
Acciona’s trading statement published last Thursday reflected a great start to the year with an increase in total capacity which strengthened generation by 6.7%. The global average selling price fell by c.30% but remains high compared to its pre-Energy Crisis levels which leads us to believe that there is still some downward potential, especially in view of the current trend in gas prices.