Q&As

Does the concept of Supplier of Last Resort (SoLR) apply to an export power purchase agreement (PPA) where the purchaser of energy/electricity is a licensed supplier? If so, which definition of SoLR should be referred to in the agreement?

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Published on LexisPSL on 04/04/2017

The following Energy Q&A provides comprehensive and up to date legal information covering:

  • Does the concept of Supplier of Last Resort (SoLR) apply to an export power purchase agreement (PPA) where the purchaser of energy/electricity is a licensed supplier? If so, which definition of SoLR should be referred to in the agreement?

A Supplier of Last Resort (SoLR), also referred to as an Offtaker of Last Resort, is a licensed supplier that steps in to take on the customers of another licensed supplier in the event of insolvency—for example, see: Ofgem’s direction to Cooperative Energy to take on the customers of GB Energy in November 2016.

An Offtaker of Last Resort is a licensed supplier that enters into a backstop PPA with a generator that cannot secure a PPA through normal commercial avenues, following a

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