Power purchase and energy trading

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Practice notes
A director who is in any way, directly or indirectly, interested in:•a proposed transaction or arrangement with the company of which they are a...
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9th Nov
Practice notes
What is the ‘supplier of last resort’?When the Office of Gas and Electricity Markets (Ofgem) revokes a supply licence (usually because of insolvency),...
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Produced in partnership with Matthew Collinson of Igloo Energy 12th Jan
Practice notes
Brexit: The UK's departure from the EU on exit day, ie Friday 31 January 2020, has implications for practitioners considering applicable law. For...
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9th Nov
Practice notes
This Practice Note provides an introduction to retained EU law, which is an entirely new legal concept introduced to UK domestic law in preparation...
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9th Nov
Practice notes
Brexit: The UK's departure from the EU on exit day ie Friday 31 January 2020 has implications for practitioners considering the use of ADR as it may...
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9th Nov
Precedents
Option 1—deed executed by a company under its common seal (model articles, where the authorised signatory is an...
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9th Nov
Practice notes
Brexit: This Practice Note contains guidance on subjects impacted by the UK’s withdrawal from the EU. As of 31 January 2020 (exit day), the UK is no...
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Produced in partnership with Laura Bolado 12th Jan
Practice notes
STOP PRESS: This Practice Note is being reviewed in light of the 5 May 2020 agreement by most EU Member States to terminate their intra-EU bilateral...
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Produced in partnership with Joe Tirado, Partner of Garrigues UK LLP and Elisa Vicente, Senior Associate of J&A Garrigues, S. L. P. 12th Jan
Practice notes
Brexit: The UK's departure from the EU on exit day, ie Friday 31 January 2020, has implications for practitioners considering applicable law. For...
Read More >
9th Nov
Practice notes
Decommissioning security agreementsOil and gas companies are expected to return the seabed to its original state (subject to certain exceptions) by...
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Produced in partnership with Isla Stewart of Matheson 12th Jan
Precedents
Month means a calendar month; Close This is a suggested definition for the term 'month', which...
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9th Nov
Practice notes
What is a Turbine Supply Agreement (TSA)?The Turbine Supply Agreement (TSA) is a critical component of the contractual framework for a wind farm. This...
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Produced in partnership with James Bruce of Gowling WLG and Aniela Foster-Turner of Siemens Gamesa 12th Jan

Most recent Power purchase and energy trading content

Practice notes
Brexit impactAs of 31 January 2020 (exit day), the UK is no longer an EU Member State, but it had entered an implementation period during which it...
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Produced in partnership with White & Case 8th Apr
Practice notes
The main types of derivatives are:•swaps•forwards •futures, and•optionsThis Practice Note explains the key features of each of the above types of...
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8th Apr
Practice notes
IP COMPLETION DAY: 11pm (GMT) on 31 December 2020 marks the end of the Brexit transition/implementation period entered into following the UK’s...
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8th Apr
Practice notes
Most projects are underpinned by a complex web of contractual relationships between all the parties involved in the project (eg the project company,...
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8th Apr
Practice notes
What is a power purchase agreement?A power purchase agreement (PPA) is a contract between an electricity generator (generator) and the party who is...
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Produced in partnership with Pinsent Masons 8th Apr
Precedents
This Agreement is made on [date]Parties1[name of the Company] [of [address] OR incorporated in England and Wales with Company registration number...
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Produced in partnership with Matthew Collinson of Igloo Energy 24th Mar
Practice notes
IP COMPLETION DAY: 11pm (GMT) on 31 December 2020 marks the end of the Brexit transition/implementation period entered into following the UK’s...
Read More >
11th Mar
Practice notes
This Practice Note considers the English Court’s attitude to take-or-pay clauses and provides a thorough consideration the rule on penalties in...
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Produced in partnership with Phillip Ashley, Judith Aldersey-Williams, David Rutherford, and Leontine Mathew of CMS Cameron McKenna Nabarro Olswang LLP 9th Mar
Practice notes
This Practice Note introduces take-or-pay clauses in the energy sector and considers some of the regulatory and competition law issues regularly...
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Produced in partnership with Phillip Ashley, Judith Aldersey-Williams, David Rutherford, and Leontine Mathew of CMS Cameron McKenna Nabarro Olswang LLP 9th Mar
Practice notes
Brexit impactAs of 31 January 2020 (exit day), the UK is no longer an EU Member State, but it has entered an implementation period during which it...
Read More >
Produced in partnership with Evie Doherty and Conall Bolger of Cornwall Insight 9th Mar
Practice notes
What is a ROCTMA?Renewables Obligation Certificates (ROCs) (see Practice Note: Renewables Obligation (RO)—key features) in the UK are traded through a...
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Produced in partnership with James Stanier of Gowling WLG 9th Mar
Practice notes
Governments permit companies to explore for and produce hydrocarbons (crude oil and natural gas) within a defined area under the terms of a...
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Produced in partnership with Matthew Stott of Orrick, Herrington & Sutcliffe and Rebecca Downes of Orrick, Herrington & Sutcliffe 9th Mar
Practice notes
Brexit impactAs of 31 January 2020 (exit day), the UK is no longer an EU Member State, but it has entered an implementation period during which it...
Read More >
9th Mar
Practice notes
This Practice Note considers the common features of take-or-pay clauses and provides some example clauses. It also considers the distinction between...
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Produced in partnership with Phillip Ashley, Judith Aldersey-Williams, David Rutherford, and Leontine Mathew of CMS Cameron McKenna Nabarro Olswang LLP 9th Mar
Practice notes
What is a Corporate PPA?A corporate power purchase agreement (PPA) is an agreement under which a corporate entity purchases electricity (usually...
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Produced in partnership with James Stanier of Gowling WLG 9th Mar
Practice notes
Energy Trading in Great BritainElectricity and gas in Great Britain is traded through bilateral markets. There is no prescribed form regarding trades....
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Produced in partnership with James Stanier of Gowling WLG 9th Mar
Practice notes
What is a GTMA?Electricity in Great Britain (GB) is traded through a bilateral market. There is no prescribed form regarding trades. However, the Grid...
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Produced in partnership with James Stanier of Gowling WLG 9th Mar
Q&As
A power purchase agreement (PPA) is a contract between an electricity generator (generator) and the party who is purchasing the power (offtaker) which...
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10th Feb
Practice notes
What is/check the duration of the agreement? The term of the power purchase agreement (PPA) should coincide so far as practicable with...
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8th Jan

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