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Power Sale Agreement
"I need a Power Sale Agreement for a 50MW solar facility in Switzerland, selling power to an industrial consumer with delivery starting January 2025, including provisions for renewable energy certificates and peak/off-peak pricing structures."
1. Parties: Identification of the power seller and purchaser with full legal details
2. Background: Context of the agreement, including facility details and purpose of the power sale
3. Definitions: Definitions of technical, commercial, and legal terms used throughout the agreement
4. Sale and Purchase Obligation: Core obligations regarding power sale and purchase, including exclusivity provisions if applicable
5. Delivery Point and Transfer of Risk: Specification of the delivery point and transfer of title and risk
6. Term and Termination: Duration of the agreement, renewal provisions, and termination rights
7. Quantity and Capacity: Agreed power quantity, capacity commitments, and any flexibility provisions
8. Price and Payment: Pricing structure, payment terms, invoicing, and payment security
9. Metering and Documentation: Requirements for power measurement, metering, and associated documentation
10. Grid Access and Transmission: Responsibilities for grid connection and transmission arrangements
11. Force Majeure: Definition and consequences of force majeure events
12. Representations and Warranties: Standard and specific warranties regarding power supply and regulatory compliance
13. Liability and Indemnification: Allocation of risks and liability between parties
14. Dispute Resolution: Procedures for resolving disputes, including jurisdiction and governing law
15. Miscellaneous: Standard boilerplate provisions including notices, amendments, and assignment
1. Trading Certificates: Required when dealing with renewable energy certificates or guarantees of origin
2. Capacity Market Participation: Needed when the agreement includes participation in capacity markets
3. Balancing Services: Include when the agreement covers provision of balancing services
4. Carbon Credits: Required when the agreement includes trading of associated carbon credits
5. Storage Provisions: Include when power storage facilities are part of the arrangement
6. Curtailment Rights: Needed when specific curtailment rights are to be included
7. Change in Law: Detailed provisions for regulatory changes when operating in evolving regulatory environments
1. Technical Specifications: Detailed technical parameters of the power supply and delivery
2. Pricing Formula: Detailed pricing calculations, adjustments, and indexation mechanisms
3. Operating Procedures: Specific procedures for day-to-day operations and communications
4. Metering Specifications: Technical requirements for metering equipment and procedures
5. Performance Security: Forms and requirements for any performance security or guarantees
6. Grid Connection Details: Technical specifications for grid connection and compliance
7. Testing and Commissioning: Procedures for testing and commissioning if applicable
8. Form of Notices: Standard forms for operational notices and communications
9. Regulatory Compliance Requirements: Specific compliance requirements under Swiss energy regulations
Authors
Applicable Law
Available Capacity
Billing Period
Business Day
Capacity
Commercial Operation Date
Contract Price
Contract Quantity
Credit Support
Curtailment
Defaulting Party
Delivery Point
Delivery Schedule
Dispatch
Effective Date
Electricity
Emergency
Energy
Energy Law
Event of Default
Facility
Force Majeure
Good Industry Practice
Grid
Grid Code
Grid Connection
Grid Operator
Guaranteed Energy
Initial Period
Interconnection Point
Invoice
kilowatt (kW)
kilowatt-hour (kWh)
Law
Losses
Maintenance Schedule
Market Price
Megawatt (MW)
Megawatt-hour (MWh)
Metering Point
Metering System
Monthly Statement
Network
Operating Committee
Operating Procedures
Outage
Party/Parties
Peak Hours
Performance Security
Planned Maintenance
Point of Connection
Power Purchase Price
Prudent Operating Practice
Reactive Power
Receiving Party
Scheduled Delivery
Settlement Period
Swiss Grid
SwissIX
System Operator
Take-or-Pay
Technical Limits
Term
Transmission System
Unit Contingent
Voltage
Sale and Purchase
Conditions Precedent
Term and Termination
Delivery Obligations
Title and Risk
Metering
Billing and Payment
Credit Support
Force Majeure
Change in Law
Grid Connection
Technical Requirements
Testing and Commissioning
Scheduled Maintenance
Performance Standards
Representations and Warranties
Events of Default
Termination Rights
Liability and Indemnification
Insurance
Dispute Resolution
Confidentiality
Assignment
Notices
Governing Law
Boilerplate
Anti-Corruption
Data Protection
Environmental Compliance
Regulatory Compliance
Emergency Procedures
Operating Procedures
Record Keeping
Audit Rights
Sanctions Compliance
Price Adjustment
Volume Flexibility
Capacity Commitment
Transmission Rights
Balancing Obligations
Energy & Utilities
Renewable Energy
Manufacturing
Industrial Production
Data Centers
Mining
Chemical Industry
Infrastructure
Technology
Transportation
Legal
Energy Trading
Risk Management
Operations
Commercial
Regulatory Compliance
Finance
Technical Operations
Business Development
Grid Management
Sustainability
Project Management
Energy Trading Manager
Power Plant Manager
Legal Counsel
Regulatory Compliance Officer
Commercial Director
Energy Risk Manager
Operations Manager
Technical Director
Chief Financial Officer
Contract Manager
Business Development Manager
Grid Operations Manager
Energy Portfolio Manager
Sustainability Officer
Project Finance Manager
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