Power Purchase Agreement Wind Template for Singapore

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Key Requirements PROMPT example:

Power Purchase Agreement Wind

"Need a Power Purchase Agreement Wind for a new 50MW offshore wind facility in Singapore, where we are the power producer selling to a large data center operator, with operations expected to commence in March 2025."

Document background

The Power Purchase Agreement Wind is essential for establishing long-term commercial arrangements between wind power producers and purchasers in Singapore. This document is typically used when parties seek to establish a stable, long-term relationship for renewable energy supply, particularly in the context of Singapore's green energy transition. The agreement addresses key aspects such as energy pricing, delivery commitments, grid connection requirements, and compliance with Singapore's regulatory framework. It includes specific provisions for wind power generation, taking into account the unique characteristics of wind resources in Singapore's geographical setting and the technical requirements for grid integration.

Suggested Sections

1. Parties: Identification of the power producer (seller) and purchaser, including full legal names and addresses

2. Background: Context of the agreement, including facility details and purpose of the arrangement

3. Definitions: Key terms used tHRoughout the agreement, including technical and commercial terms

4. Sale and Purchase Obligations: Core obligations regarding the sale and purchase of wind power

5. Term and Termination: Duration of agreement and termination provisions

6. Price and Payment: Pricing mechanism, billing, and payment terms

7. Metering and Testing: Requirements for measuring delivered electricity

8. Grid Connection: Requirements for connection to Singapore's power grid

Optional Sections

1. Construction and Development: Terms regarding facility construction - use for new facilities only

2. Environmental Attributes: Treatment of renewable energy certificates and credits - use when parties wish to address renewable attributes separately

3. Performance Security: Requirements for performance bonds or guarantees - use when required by purchaser

4. Change in Law: Provisions dealing with regulatory changes - recommended for longer-term agreements

Suggested Schedules

1. Facility Description: Technical specifications of the wind power facility

2. Testing Procedures: Detailed procedures for testing and commissioning

3. Pricing Formula: Detailed calculation of power price including adjustments

4. Operating Procedures: Day-to-day operational requirements and protocols

5. Performance Standards: Required technical and operational standards

6. Form of Performance Security: Template for required security instruments

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

alex.den.21@genieai.co

Relevant legal definitions

Agreement
Applicable Law
Available Capacity
Business Day
Change in Law
Commercial Operation Date
Commissioned
Connection Point
Contract Capacity
Contract Price
Contract Year
Delivery Point
Dispatch Instructions
Effective Date
Electrical Output
Emergency
Energy Management System
Environmental Attributes
Facility
Force Majeure Event
Good Industry Practice
Grid
Grid Code
Grid Connection Agreement
Grid Operator
Installed Capacity
Interconnection Facilities
Market Rules
Metering Equipment
Metering Point
Monthly Invoice
Net Electrical Output
Operating Committee
Operating Procedures
Performance Security
Planned Maintenance
Power Producer
Power Purchaser
Prudent Operating Practice
Renewable Energy Certificates
Required Commercial Operation Date
Scheduled Outage
Site
System Emergency
Term
Testing
Transmission System
Wind Turbine Generator
Wind Farm

Clauses

Relevant Industries

Renewable Energy
Utilities
Industrial Manufacturing
Data Centers

Relevant Teams

Legal
Procurement
Operations
Finance
Sustainability
Risk Management

Relevant Roles

Energy Procurement Manager
Renewable Energy Developer
Legal Counsel
Sustainability Officer
Commercial Manager

Industries

Electricity Act 2001: Primary legislation governing Singapore's electricity market, including licensing, market operation, and safety requirements

Energy Market Authority of Singapore Act: Establishes and empowers the EMA as the regulatory body for the electricity sector

Energy Conservation Act: Framework for energy efficiency and conservation measures in Singapore

Solar Nova Programme: While solar-focused, provides important framework and precedents for renewable energy implementation in Singapore

Renewable Energy Certificates Guidelines: Regulations governing the issuance, trading, and retirement of RECs in Singapore

Environmental Protection and Management Act: Controls environmental impacts including air, water, and noise pollution relevant to wind power installations

Environmental Public Health Act: Regulations regarding public health impacts of infrastructure projects

Planning Act: Controls land use and development, crucial for wind turbine siting and installation

Singapore Electricity Market Rules: Detailed rules governing the operation of Singapore's electricity market

Transmission Code: Technical and operational requirements for connection to the transmission system

Market Support Services Code: Rules governing market support services and retail operations

EMA Licensing Framework: Requirements and conditions for obtaining necessary licenses for electricity generation

Electrical Workers Licensing: Requirements for qualified personnel involved in electrical installations

Singapore Contract Law: Common law principles governing contract formation and enforcement

Companies Act: Corporate law framework governing business entities in Singapore

Competition Act: Regulations preventing anti-competitive behavior in the energy market

Singapore Standards for Electrical Installations: Technical standards and safety requirements for electrical systems

Grid Connection Requirements: Technical specifications for connecting wind power facilities to the grid

Safety Regulations: Workplace safety and health requirements for wind power installations

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Authors

Alex Denne

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