On April 14, levelten energy, a US renewable energy trading platform, released a report on Wednesday that the prices of wind and solar energy in major global markets have risen by nearly 30% in the past 12 months, as developers have been trying to cope with the challenges brought by the chaos of the supply chain and the soaring costs from transportation to parts and labor p> < p > the quarterly index of "renewable energy purchase contracts" tracked by levelten energy shows that the contract price of renewable energy increased by 28.5% in North America and 27.5% in Europe last year. In the first quarter of this year alone, they rose 9.7% in North America and 8.6% in Europe Covid-19, p>
has broken down the economic, logistics and labor market disruptions caused by the new crown pneumonia outbreak and its blockade measures since the outbreak of the Ukraine crisis, reversing the downward trend of the cost of renewable energy industry in the past ten years. The United Nations has been calling for the expansion of clean energy production to avoid the worst effects of climate warming, and higher costs may slow the growth of renewable energy demand p> < p > this exacerbates the challenges facing the renewable energy industry in North America, which is uncertain whether U.S. legislators will extend tax relief for renewable energy facilities. Developers are also worried that a survey launched by the US Department of Commerce this year could lead to higher tariffs on solar panels imported from Asia, pushing up costs p> < p > Reagan Farr, CEO of silicon ranch, an American Solar developer, said: "at present, there are difficult problems in our supply chain." p> < p > in Europe, the Ukrainian crisis led governments to try to reduce their dependence on Russian natural gas, which further boosted the strong demand for renewable energy. Oscar Perez, a partner of Spanish fund management company and renewable energy developer q-energy, said that since the price pressure on renewable energy is already great, this conflict may become the "last straw" to crush the industry p> < p > Raymond James analyst Graham price said that the rising cost of renewable energy in Europe, coupled with Europe's active climate policy, should make expensive environmental technologies such as hydrogen and biofuels more attractive p> < p > levelten energy believes that for now, the surge in renewable energy prices has not slowed demand. The company's survey of 21 sustainability and Energy Consultants showed that 75% believed that their customers had accelerated or continued to maintain renewable energy procurement plans p> < p > Luigi Sacco, director of PPA, a Milan based architecture and design company, said: "this has nothing to do with demand. Demand still exists, but supply in several markets is a little difficult." p> < p > the soaring cost of fossil fuels is a factor attracting buyers. "At present, the ready-made alternative to renewable energy power generation is natural gas, but the price of natural gas has also doubled," Farr said (small) < / P > < p >