James Stanier is a specialist energy lawyer who advises clients on a wide range of complex commercial and regulatory matters.
James advises market leading offtakers, major utilities, energy traders, suppliers, network owners and operators, developers and managers of industry codes.
James frequently advises on commercial agreements in the energy sector, having a particular specialism in power purchase agreements (PPAs) and heat supply arrangements. He has drafted and negotiated PPAs for a significant proportion of GB's largest renewable projects.
Additionally, he has expertise in energy trading documentation - including GTMAs, ISDAs, EFETs, NBPs, master agreements and associated credit support documents.
James has worked in the energy sector throughout his legal career. He counts himself as very lucky to be able to work in a sector which he is passionate about and thrives on providing innovative and technical legal advice in a constantly developing and fast moving environment.
This Practice Note provides a high level introduction to electricity and gas trading in Great Britain. It introduces some of the key standard form trading agreements, including Grid Trade Master Agreement (GTMA) Short Term Flat NBP Trading Terms and Conditions 2015 (NBP Terms) and the Standard Terms and Conditions for the Sale and Purchase of Natural Gas for UK Short Term Deliveries at the Beach 2015 (Beach Terms) as well as considering some of the alternatives to these standard forms.
This Practice Note introduces the two classic ‘corporate PPA’ models, the ‘sleeved PPA’ and the ‘virtual PPA’, for electricity purchase arrangements between large corporate energy users and remotely located generators. It explains the parties and contractual interfaces involved, the rationale for generators and large corporate electricity users entering into corporate PPA arrangements, and the pros and cons of the sleeved and virtual models.
This Practice Note summarises the role of the Grid Trade Master Agreement (GTMA) standard form for bilateral trading of electricity. It sets out the primary users of the GTMA, the nature of the GTMA and its key provisions, the interface between the GTMA and the Balancing and Settlement Code (BSC) and the common alternative approaches to electricity sale and purchase seen in the Great Britain wholesale market.
This Practice Note introduces the ROC Trading Master Agreement (ROCTMA) standard form for bilateral trading of Renewables Obligation Certificates (ROCs).
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