Document background
The Power Sales Agreement is a crucial commercial contract used in the Danish energy market for establishing long-term power supply arrangements between generators and purchasers. It is particularly relevant in contexts ranging from conventional power plants to renewable energy facilities, and can be adapted for both wholesale and retail markets. The agreement must comply with Danish energy regulations, including the Electricity Supply Act (Elforsyningsloven) and relevant EU directives. Typically used when establishing new power supply relationships or renewing existing arrangements, this agreement covers essential aspects such as delivery obligations, pricing mechanisms, metering requirements, and risk allocation. The document requires careful consideration of technical specifications, regulatory compliance, and commercial terms to ensure a balanced and enforceable power supply arrangement under Danish law.
