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Renewable Energy Agreement
"Need a Renewable Energy Agreement for a 50MW solar farm project in Cornwall, with delivery starting from March 2025 and including provisions for REGO certificates and grid connection arrangements with Western Power Distribution."
1. Parties: Identification and details of contracting parties
2. Background: Context of the agreement and high-level objectives
3. Definitions: Key terms used throughout the agreement
4. Supply Terms: Core terms regarding energy supply, including quantity and specification
5. Pricing and Payment: Payment terms, pricing mechanism, and invoicing
6. Delivery Point and Title: Specifications of where energy is delivered and transfer of title
7. Metering and Recording: Requirements for measuring and recording energy supply
8. Force Majeure: Provisions for unforeseen circumstances affecting performance
9. Term and Termination: Duration of agreement and termination provisions
10. Representations and Warranties: Standard legal assurances from both parties
11. Governing Law and Jurisdiction: Applicable law and dispute resolution mechanisms
1. Green Certificates: Terms relating to renewable energy certificates, used when parties want to trade environmental attributes
2. Development Obligations: Include when agreement covers new renewable energy facility development
3. Grid Connection: Include when agreement includes responsibility for grid connection
4. Construction and Commissioning: Include when agreement covers new facility construction
5. Storage Provisions: Include when energy storage is part of the agreement
1. Technical Specifications: Detailed technical requirements for energy supply
2. Pricing Schedule: Detailed pricing mechanisms and calculations
3. Performance Standards: Required performance levels and measurement methods
4. Site Details: Information about generation facility location and specifications
5. Metering Requirements: Detailed specifications for metering equipment and protocols
6. Form of Performance Security: Template for any required performance bonds or guarantees
Authors
Applicable Laws
Availability
Balancing Mechanism
Billing Period
Business Day
Capacity
Commercial Operation Date
Commissioning
Commencement Date
Confidential Information
Connection Point
Contract Price
Delivery Point
Effective Date
Electricity
Environmental Attributes
Force Majeure
Facility
Good Industry Practice
Green Certificates
Grid
Grid Code
Grid Connection Agreement
Grid Operator
Initial Term
Insolvency Event
Metering Equipment
Minimum Supply Obligation
Nominated Capacity
Operating Parameters
Planned Maintenance
Project
Prudent Operating Practice
Renewable Energy Source
Renewable Energy Credits
REGO
Site
Specified Output
Supply Period
System Operator
Technical Specifications
Term
Transmission System
Unit Price
Supply Obligations
Delivery Point and Title
Metering and Testing
Price and Payment
Environmental Attributes
Grid Connection
Performance Standards
Force Majeure
Term and Termination
Maintenance and Outages
Representations and Warranties
Insurance
Confidentiality
Assignment and Transfer
Change in Law
Dispute Resolution
Liability and Indemnification
Notices
Health and Safety
Compliance with Laws
Records and Audit Rights
Credit Support
Default and Remedies
Anti-corruption
Data Protection
Boilerplate Provisions
Governing Law and Jurisdiction
Third Party Rights
Amendments and Variations
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