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Commercial Power Purchase Agreement
"I need a Commercial Power Purchase Agreement for a 5MW solar facility in Singapore, selling to a data center operator, with a 15-year term starting March 2025 and including provisions for renewable energy certificates."
1. Parties: Identification and details of contracting parties
2. Background: Context and purpose of the agreement
3. Definitions: Key terms used tHRoughout the agreement
4. Sale and Purchase Obligations: Core obligations regarding electricity supply and purchase
5. Pricing and Payment Terms: Price structure, billing, and payment mechanisms
6. Term and Termination: Duration and termination provisions
7. Metering and Measurement: Requirements for measuring electricity supply
8. Force Majeure: Provisions for unforeseen circumstances
9. Dispute Resolution: Procedures for resolving disputes
1. Environmental Attributes: Handling of renewable energy certificates and carbon credits (used when dealing with renewable energy sources)
2. Construction and Development: Requirements for new generation facilities (used when PPA involves new facility construction)
3. Interconnection: Grid connection requirements (used when direct grid connection is part of scope)
4. Performance Security: Security deposit or guarantee requirements (used when credit risk mitigation is needed)
1. Technical Specifications: Detailed technical requirements and parameters
2. Pricing Schedule: Detailed pricing mechanisms and calculations
3. Performance Standards: Required operational standards and metrics
4. Metering Specifications: Technical requirements for metering equipment
5. Form of Performance Security: Template for security instruments if required
6. Operating Procedures: Detailed operational protocols and procedures
Authors
Applicable Law
Billing Period
Business Day
Capacity
Commercial Operation Date
Connection Point
Contract Price
Contract Quantity
Delivery Point
Effective Date
Electricity
EMA
Energy Market Rules
Environmental Attributes
Force Majeure Event
Generation Facility
Good Industry Practice
Grid
Grid Code
Interconnection Agreement
Market Rules
Metering Equipment
Minimum Take
Operating Parameters
Performance Security
Planned Maintenance
Power Station
Prudent Operating Practice
Renewable Energy Certificates
Settlement Period
Singapore Electricity Market
System Operator
Take-or-Pay Quantity
Term
Transmission System
Unplanned Outage
Pricing and Payment
Delivery Point and Transfer of Risk
Term and Termination
Metering and Measurement
Operating Requirements
Interconnection
Force Majeure
Change in Law
Representations and Warranties
Confidentiality
Assignment and Transfer
Liability and Indemnification
Insurance
Default and Remedies
Dispute Resolution
Governing Law
Notices
Performance Security
Environmental Attributes
Maintenance and Outages
Grid Connection
Compliance with Laws
Records and Audit Rights
Credit Support
Taxes
Anti-corruption
Data Protection
Entire Agreement
Amendments
Severability
Waiver
Third Party Rights
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