Power Contract - October 2025
Power Purchase Agreements (PPAs) play a crucial role in the development and supply of renewable energy projects. These contracts, which secure the purchase of power over a fixed term, are at the heart of renewable energy projects, spanning various applications from solar farms and wind farms to corporate settings.
Session 1: Introduction to Power Markets and PPAs
The first session of the PPA course provides an introduction to power markets and PPAs. Here, participants learn about the definition and purpose of PPAs, their applications in renewable energy, and the differences between physical PPAs and financial ones, such as contracts for difference (CfDs) and renewable energy credit purchasing.
Session 2: PPAs in Power Project Development
The second session delves into the context of PPAs in power project development. It covers the roles that independent power producers, governments, and utilities can play in writing PPAs, and how these agreements operate in regions with sophisticated power exchanges and markets, as well as in developing countries with a single buyer and a centralized monopoly power utility.
Session 3: Prices, Tariffs, Quantities, Escalation, and Payment
The third session focuses on the core elements of a PPA, including prices, tariffs, quantities, escalation, and payment. It provides a framework for negotiating electricity prices based on locational pricing, project life span, and other market variables, and discusses risk mitigation techniques for buyers and sellers.
Session 4: Legal and Commercial Frameworks
Session 4 covers the legal and commercial frameworks surrounding PPAs. It explains legal structures for renewable energy projects, commercial agreements structuring, regulatory compliance, and market integration requirements for renewable assets under different jurisdictions.
Session 5: Practical Negotiation and Evaluation Guidance
The fifth and final session provides practical negotiation and evaluation guidance for participants. It equips attendees with the skills to use project lifecycle data, power grid analytics, and locational market insights to evaluate PPA opportunities, and offers negotiation tactics for price, volume, terms, and risk allocation strategies.
This comprehensive course structure prioritizes real-world applicability, legal clarity, and commercial insight, making it suitable for developers, utilities, corporate buyers, and financial stakeholders engaged in renewable energy procurement.
The course has been praised for its focus on critical aspects that are both practical and essential for navigating complex energy contracts. Participants have described it as "exceptionally well-structured and insightful," with the National Energy Authority even going so far as to call it "great" and "super informative."
Whether you're a seasoned professional or new to the world of renewable energy, this PPA course offers valuable insights and practical skills to help you understand and navigate the complex landscape of power purchasing and contracting.
[References] [1] Enverus blog (2025) – Introduction and elements of PPAs for renewable energy. [3] DLA Piper Intelligence (2025) – Corporate and financial PPAs, contracts for difference. [4] Phoenix Strategy Group (2025) – Public-private joint ventures and structure models in renewable energy projects.
- In Session 1, participants will learn about financial PPAs such as contracts for difference (CfDs) within the context of power markets and Power Purchase Agreements (PPAs), which are crucial for renewable energy projects' finance and industry.
- During Session 4, the legal and commercial frameworks for renewable energy projects will be discussed, including regulatory compliance and market integration requirements for renewable assets, crucial steps in securing viable deals for renewable energy finance and industry.