Energy Marketplace LevelTen Energy Launches Data Platform, MarketPulse

LevelTen Energy, a provider of renewable transaction infrastructure and operator of the world’s largest marketplaces for energy and asset sales, has launched LevelTen MarketPulse, cloud-based software that provides instant access to real-time data and analytics based on real market activity in North America and Europe. MarketPulse will make it possible for clean energy developers, buyers, and investors to promptly analyze the market and also make well-informed decisions at the same time. This will be achieved by leveraging PPA and renewable project data from the industry’s largest hub for clean energy transactions. The firm has raised $62.3 million in funding till date.

The PPA Market

The platform is an attempt at fixing the challenges associated with obtaining PPA price data ranging from price offers being generally shared directly between buyers and sellers, and often as a product of weeks-long RFP processes that can result in outdated prices by the time they are completed. Without access to data from a centralized marketplace, clean energy buyers, sellers, investors and analysts often find themselves struggling to obtain data for benchmarking, modeling and analysis. “MarketPulse expands LevelTen’s platform and delivers greater transparency into the PPA market. MarketPulse empowers energy sellers to price their PPAs more effectively, buyers to quickly compare and benchmark price offers, and investors to conduct thorough due diligence and inform financial models,” said Prasun Chaudhury, Director of Data Solutions at LevelTen Energy. “Instant access to fresh data is even more critical in today’s volatile energy market, which has been changing rapidly over the past two years.” Notably, since 2021, renewable PPA price offers have witnessed a surge by approximately 30% in North America and 47% in Europe, pointing at the dynamism of the market.

LevelTen MarketPulse is powered by anonymized data from the LevelTen Energy Marketplace, an online PPA marketplace that connects buyers and sellers. Seeing participation from over 90% of renewable energy developers in North America and over 60% of developers based in Europe, LevelTen claims to provide MarketPulse subscribers with the most complete view of the PPA market.

How MarketPulse Works

MarketPulse entails tools that enable the analyzation and visualization of market trends. Analysis is simplified with the help of filters that facilitate searches for PPA price data based on factors such as geography, development maturity, and other advanced attributes. The software also shows historical PPA price trends and projected settlement values. That apart, tools like charts and maps illustrate the location of projects and shed light on where demand is concentrated. MarketPulse subscribers can also download the underlying data to plug into their financial models.

“We built LevelTen MarketPulse with input from renewable energy professionals who wanted a tool that would help them build better models and save time on market analysis,” said Chaudhury. “We believe we’ve created one of the most advanced PPA data tools on the market, and we are excited to continue expanding its features in the months to come.”

LevelTen Energy is a leading provider of renewable transaction infrastructure, delivering the marketplaces, software, automated analytics, and expertise required to accelerate clean energy transactions. The LevelTen Platform claims that it is the world’s largest online hub for renewable energy buyers, sellers, advisors, asset owners and financiers. The platform includes the LevelTen Energy Marketplace, which delivers access to more than 4,500 power purchase agreement price offers spanning 24 countries in North America and Europe.