Aurora Energy Research

Aurora Energy Research is Europe’s largest dedicated power analytics provider, trusted by over 1,000 developers, investors, banks, utilities and energy consumers. With 800+ experts across eight European offices, we combine deep local market expertise with extensive experience in power offtake and transactions. Our analysis is trusted globally by banks and investors to support projects financing, giving us a unique perspective on both the commercial terms agreed in the market and the risks lenders are willing to finance.

Through Lumus, our PPA and contracting intelligence platform, we turn insights from our extensive network of market participants into PPA Reference Prices grounded in real market activity. Beyond benchmarking, we enable clients to price contracts on their own terms: compare different structures, quantify the value and allocation of risks such as negative price exposure, and evaluate complex BESS and hybrid offtake agreements. Our specialist teams build on these insights to support clients from offtake strategy and origination through to structuring, negotiation and due diligence. By bringing together what makes commercial sense in the market and what works for investors and lenders, we help clients negotiate competitive terms and secure bankable offtake agreements.