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Green PPAESG

Green PPA vs grey electricity: what really changes for a data center

30 April 2026 6 min

Price, traceability, CSRD compliance and carbon impact compared between a renewable PPA and a classic market contract.

Carbon is no longer optional

Since CSRD took effect in 2024, any data center operating in Europe must report scope 2 emissions. A grey electricity contract (grid mix, ~250–400 gCO₂/kWh depending on country) immediately hurts the balance sheet.

Guarantees of origin vs physical PPA

  • Guarantees of origin (GO) cost €1–3/MWh but the GHG Protocol challenges them for weak additionality.
  • A physical PPA guarantees real additionality (the renewable project would not exist without the buyer) and is now required by major hyperscalers.

Price: the green premium myth

In 2026, a long-term solar PPA in Spain costs €52/MWh versus €78/MWh for Spanish baseload. Green is cheaper than grey, especially in surplus zones.

The 24/7 carbon-free trap

Google and Microsoft target 24/7 CFE (hour-by-hour Carbon-Free Energy). Achieving it requires a solar + wind + nuclear + storage PPA mix, calibrated against actual load curves. Voltarione models this mix across 8,760 hours/year.

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