Green PPA Template for Ireland

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Key Requirements PROMPT example:

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."

Document background
The Green PPA is a specialized agreement used in the Irish market for long-term renewable energy procurement. It is particularly relevant in the context of Ireland's ambitious renewable energy targets and the growing corporate demand for green power. The document is designed to comply with Irish energy regulations, EU directives, and the requirements of the Single Electricity Market (SEM). It becomes necessary when organizations seek to secure long-term renewable energy supply, whether for sustainability commitments, regulatory compliance, or economic benefits. The agreement covers essential elements including energy pricing, delivery terms, environmental attributes, and regulatory compliance, while addressing specific Irish market mechanisms and green certificate requirements. It is commonly used by corporations, utilities, and public entities looking to source renewable energy directly from generators.
Suggested Sections

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

Optional Sections

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

Suggested Schedules

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

Alex Denne

Head of Growth (Open Source Law) @ Genie AI | 3 x UCL-Certified in Contract Law & Drafting | 4+ Years Managing 1M+ Legal Documents | Serial Founder & Legal AI Author

Relevant legal definitions
Clauses
Relevant Industries

Renewable Energy

Utilities

Manufacturing

Technology

Banking and Finance

Real Estate

Industrial

Retail

Data Centers

Healthcare

Education

Agriculture

Relevant Teams

Legal

Procurement

Sustainability

Finance

Operations

Risk Management

Environmental Compliance

Energy Trading

Facilities Management

Corporate Strategy

Project Development

Relevant Roles

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

Industries
Teams

Employer, Employee, Start Date, Job Title, Department, Location, Probationary Period, Notice Period, Salary, Overtime, Vacation Pay, Statutory Holidays, Benefits, Bonus, Expenses, Working Hours, Rest Breaks,  Leaves of Absence, Confidentiality, Intellectual Property, Non-Solicitation, Non-Competition, Code of Conduct, Termination,  Severance Pay, Governing Law, Entire Agreemen

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