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Green PPA
"I need a Green PPA agreement under Irish law for purchasing renewable energy from a new 50MW solar facility in County Cork, with operations expected to commence in March 2025, including provisions for battery storage and corporate renewable energy certificates."
1. Parties: Identification of the Generator/Seller and Buyer/Offtaker, including full legal names and addresses
2. Background: Context of the agreement, including facility details and parties' objectives regarding renewable energy procurement
3. Definitions: Comprehensive definitions of technical, commercial, and legal terms used throughout the agreement
4. Sale and Purchase Obligations: Core obligations regarding the sale and purchase of electricity and green attributes
5. Term and Termination: Duration of the agreement, conditions for renewal, and termination rights
6. Pricing and Payment: Price structure, payment terms, invoicing, and dispute procedures
7. Metering and Reporting: Requirements for measuring electricity delivery and environmental attributes
8. Green Benefits and Certificates: Allocation of renewable energy certificates, guarantees of origin, and other environmental attributes
9. Performance Requirements: Minimum generation requirements, availability guarantees, and related obligations
10. Grid Connection and Delivery: Points of delivery, grid connection responsibilities, and curtailment provisions
11. Force Majeure: Definition of force majeure events and consequences
12. Representations and Warranties: Standard and specific warranties regarding capacity, compliance, and authorization
13. Insurance and Liability: Insurance requirements and limitation of liability provisions
14. Dispute Resolution: Procedures for resolving disputes, including jurisdiction and governing law
15. Confidentiality: Protection of confidential information and permitted disclosures
1. Change in Law: Provisions addressing regulatory changes affecting renewable energy - include when regulatory framework is evolving
2. Market Interface: Provisions for interaction with electricity market - include for merchant projects
3. Storage Provisions: Terms governing energy storage facilities - include when project includes battery storage
4. Development Obligations: Pre-operation development milestones - include for projects not yet operational
5. Direct Agreement: Lender rights and step-in provisions - include when project financing is required
6. Forecasting: Generation forecasting obligations - include for variable renewable sources
7. Capacity Market: Provisions regarding capacity market participation - include if relevant to market structure
8. Corporate PPAs Specifics: Special provisions for corporate buyers - include for corporate rather than utility PPAs
1. Facility Description: Detailed technical specifications of the generating facility
2. Testing and Commissioning: Procedures for testing and commissioning the facility
3. Operating Parameters: Technical and operational parameters for the facility
4. Metering Specifications: Technical requirements for metering equipment and procedures
5. Pricing Mechanism: Detailed pricing calculations and adjustment mechanisms
6. Performance Standards: Detailed performance requirements and calculation methods
7. Form of Guarantees: Templates for any required performance or payment guarantees
8. Grid Connection Details: Technical specifications of grid connection
9. Contact Details: Key contact persons and communication protocols
10. Generation Forecasting: Methodology and requirements for generation forecasting
11. Reporting Templates: Standard forms for required operational reports
Authors
Annual Contract Quantity
As-Generated Profile
Availability
Balancing Market
Billing Period
Business Day
Capacity Market
Change in Law
Commercial Operation Date
Commissioned
Competent Authority
Contract Price
Contract Year
CRU
Curtailment
Day Ahead Market
Deemed Energy
Defaulting Party
Delivery Point
Environmental Attributes
EIRGRID
Electricity Output
Energy Payment
Event of Default
Expected Generation
Facility
Floor Price
Force Majeure Event
Good Industry Practice
Governmental Authority
Green Benefits
Grid
Grid Code
Grid Connection Agreement
Grid Operator
Guarantees of Origin
Installed Capacity
Interconnector
Licensed Supplier
Longstop Date
Maintenance Schedule
Market Price
Market Rules
Metering Equipment
Minimum Generation
Network
Non-Defaulting Party
Operating Parameters
Planned Maintenance
Point of Connection
PPA Effective Date
Project
Project Documents
Prudent Operating Practice
Renewable Energy Source
REGOs
Required Commercial Operation Date
SEM
SEMO
Settlement Period
Specified Technology
Supply Period
System Operator
Target Commercial Operation Date
Technical Specifications
Term
Termination Date
Testing Period
Trading Period
Transmission System
Unit
Conditions Precedent
Term and Duration
Sale and Purchase Obligations
Delivery Obligations
Green Benefits
Metering
Pricing and Payment
Invoicing
Credit Support
Construction and Development
Testing and Commissioning
Performance Standards
Operating Requirements
Maintenance
Force Majeure
Curtailment
Change in Law
Representations and Warranties
Covenants
Default and Termination
Liability and Indemnification
Insurance
Assignment and Transfer
Confidentiality
Dispute Resolution
Governing Law
Grid Connection
Market Interface
Environmental Compliance
Regulatory Compliance
Records and Audit
Notices
Anti-Corruption
Data Protection
Health and Safety
Intellectual Property
Entire Agreement
Amendments
Waiver
Severability
Renewable Energy
Utilities
Manufacturing
Technology
Banking and Finance
Real Estate
Industrial
Retail
Data Centers
Healthcare
Education
Agriculture
Legal
Procurement
Sustainability
Finance
Operations
Risk Management
Environmental Compliance
Energy Trading
Facilities Management
Corporate Strategy
Project Development
Chief Sustainability Officer
Energy Procurement Manager
Legal Counsel
Commercial Director
Sustainability Manager
Energy Trading Manager
Risk Manager
Environmental Compliance Officer
Finance Director
Operations Director
Facilities Manager
Project Development Manager
Renewable Energy Specialist
Corporate Strategy Director
Chief Financial Officer
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