Document background
The Third Party Power Purchase Agreement is a specialized contract used in the Netherlands for structuring electricity purchase arrangements where an intermediary facilitates the transaction between power generators and end users. This document is particularly relevant in the context of renewable energy projects and corporate power procurement strategies. It addresses the complex regulatory requirements of the Dutch energy market, including compliance with the Electricity Act 1998, EU directives, and sustainable energy regulations. The agreement typically includes provisions for power delivery, pricing mechanisms, grid arrangements, and sustainability certifications. It's commonly used when organizations seek to secure long-term power supply while managing regulatory obligations and demonstrating commitment to renewable energy goals. The document can accommodate both physical delivery and virtual settlement structures, making it versatile for various business needs in the Dutch market.
