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Energy Storage PPA

Energy Storage PPA Template for Australia

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Key Requirements PROMPT example:

Energy Storage PPA

"I need an Energy Storage PPA for a new 100MW/400MWh battery storage facility in Western Australia, scheduled to commence operations in March 2025, with special focus on ancillary services market participation and renewable energy integration capabilities."

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Document background
The Energy Storage PPA is a critical agreement used in the Australian energy market to establish the commercial and operational relationship between energy storage facility operators and capacity purchasers. This document has become increasingly important with the growth of grid-scale battery storage and the need for flexible capacity to support renewable energy integration. The agreement addresses specific requirements under Australian energy law, including National Electricity Rules and state-based regulations, while providing a framework for pricing, dispatch rights, performance standards, and risk allocation. It is particularly relevant for projects involving grid-scale batteries, pumped hydro storage, or other energy storage technologies that participate in the National Electricity Market (NEM) or Western Australian Wholesale Electricity Market (WEM).
Suggested Sections

1. Parties: Identification of the contracting parties - typically the storage facility owner/operator and the capacity purchaser

2. Background: Context of the agreement, including facility details and parties' objectives

3. Definitions: Defined terms used throughout the agreement, including technical and market-specific terminology

4. Term and Conditions Precedent: Duration of the agreement and any conditions that must be met before the agreement becomes effective

5. Services and Operational Requirements: Core services to be provided, including charging/discharging requirements, availability, and response times

6. Technical Requirements: Performance standards, testing procedures, and technical specifications that must be maintained

7. Dispatch and Scheduling: Procedures for dispatching the storage facility and coordinating operations

8. Metering and Communications: Requirements for measuring and reporting energy flows and facility performance

9. Charges and Payment: Payment terms, including capacity payments, energy charges, and any performance incentives/penalties

10. Performance Security: Security requirements and credit support obligations

11. Operation and Maintenance: Maintenance requirements and operating procedures

12. Force Majeure: Events excusing performance and associated procedures

13. Default and Termination: Events of default, cure periods, and termination rights

14. Liability and Indemnification: Risk allocation between parties and insurance requirements

15. Dispute Resolution: Procedures for resolving disputes between parties

16. General Provisions: Standard boilerplate provisions including notices, assignment, and governing law

Optional Sections

1. Construction and Commissioning: Required for new facilities, covering construction milestones, testing, and commissioning requirements

2. Market Participation: Rules for participation in ancillary services markets, if applicable

3. Renewable Energy Integration: Required when storage is coupled with renewable generation facilities

4. Network Connection: Detailed provisions regarding grid connection if not covered in separate agreement

5. Development Security: Required for new facilities, covering security during construction phase

6. Carbon Credits and Environmental Attributes: Allocation of environmental benefits and credits if applicable

7. Shared Facilities: Required when storage facility shares infrastructure with other facilities

8. Trading Rights: Allocation of rights to trade stored energy in wholesale markets if applicable

Suggested Schedules

1. Facility Description: Detailed technical specifications of the storage facility

2. Testing Procedures: Procedures for capacity tests and performance verification

3. Operating Parameters: Detailed operational requirements including response times and availability

4. Pricing and Payment Calculations: Detailed formulas for calculating payments and adjustments

5. Performance Standards: Specific performance metrics and standards to be maintained

6. Communication Protocols: Detailed procedures for operational communications and dispatch

7. Form of Performance Security: Required form and terms of any security instruments

8. Metering Specifications: Technical requirements for metering and monitoring equipment

9. Interface Protocols: Procedures for interfacing with grid operator and market systems

10. Maintenance Schedule: Planned maintenance periods and procedures

11. Key Personnel: Contact information and roles of key personnel

12. Insurance Requirements: Detailed insurance coverage requirements

Authors

Alex Denne

Head of Growth (Open Source Law) @ tiktok³ÉÈË°æ | 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







































































Clauses









































Relevant Industries

Energy & Utilities

Renewable Energy

Battery Storage

Grid Infrastructure

Power Generation

Clean Technology

Industrial

Mining

Commercial Real Estate

Data Centers

Relevant Teams

Legal

Commercial

Energy Trading

Asset Management

Operations

Engineering

Risk Management

Regulatory Affairs

Project Development

Technical Services

Contract Management

Energy Markets

Business Development

Relevant Roles

Energy Trading Manager

Commercial Manager

Head of Power Purchase Agreements

Energy Storage Operations Director

Grid Integration Specialist

Regulatory Compliance Officer

Energy Markets Analyst

Battery Storage Engineer

Project Development Manager

Risk Manager

Legal Counsel

Technical Operations Manager

Energy Storage Asset Manager

Commercial Contracts Manager

Chief Technology Officer

Industries












Teams

Employer, Employee, Start Date, Job Title, Department, Location, Probationary Period, Notice Period, Salary, Overtime, Vacation Pay, Statutory Holidays, Benefits, Bonus, Expenses, Working Hours, Rest Breaks,  Leaves of Absence, Confidentiality, Intellectual Property, Non-Solicitation, Non-Competition, Code of Conduct, Termination,  Severance Pay, Governing Law, Entire Agreemen

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