Agreements for Renewable Energy Projects: Power Purchase Agreements
Photo Credit: Image by WikimediaImages from Pixabay
A Power Purchase Agreement (PPA) specifies the contract between two parties: a) the seller, who generates electricity,and; b) the buyer, who is looking to buy electricity. It defines all the terms for the sale between the two. A PPA secures the payment stream for a Build-Own Transfer (BOT) or concession project for an independent power plant (IPP). It is between the purchaser (often a state-owned electricity utility) and a privately owned power producer. Below are power purchase agreements developed for renewable energy projects for different energy sources, together with laws devoted to those sources, from different countries:
Related Content
Partner Resources
Renewable Energy Project Resource Centre (REPRC)
Wiki-based library of energy project resources. Includes sample terms of references, procurement documents, economic analyses and case studies (success factors and lessons learned).