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Commercial Power Purchase Agreement

Commercial Power Purchase Agreement Template for Singapore

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Key Requirements PROMPT example:

Commercial Power Purchase Agreement

"I need a Commercial Power Purchase Agreement for a 5MW solar facility in Singapore, selling to a data center operator, with a 15-year term starting March 2025 and including provisions for renewable energy certificates."

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Document background
Commercial Power Purchase Agreements are essential instruments in Singapore's liberalized electricity market, enabling direct electricity trading between generators and commercial consumers. These agreements are particularly relevant when businesses seek to secure long-term electricity supply at predictable prices or wish to source power from specific generation sources, including renewable energy facilities. The document must comply with Singapore's regulatory framework, including the Electricity Act 2001 and EMA guidelines, while addressing commercial aspects such as pricing mechanisms, delivery obligations, and risk allocation. The agreement structure reflects Singapore's unique energy market characteristics and regulatory requirements.
Suggested Sections

1. Parties: Identification and details of contracting parties

2. Background: Context and purpose of the agreement

3. Definitions: Key terms used tHRoughout the agreement

4. Sale and Purchase Obligations: Core obligations regarding electricity supply and purchase

5. Pricing and Payment Terms: Price structure, billing, and payment mechanisms

6. Term and Termination: Duration and termination provisions

7. Metering and Measurement: Requirements for measuring electricity supply

8. Force Majeure: Provisions for unforeseen circumstances

9. Dispute Resolution: Procedures for resolving disputes

Optional Sections

1. Environmental Attributes: Handling of renewable energy certificates and carbon credits (used when dealing with renewable energy sources)

2. Construction and Development: Requirements for new generation facilities (used when PPA involves new facility construction)

3. Interconnection: Grid connection requirements (used when direct grid connection is part of scope)

4. Performance Security: Security deposit or guarantee requirements (used when credit risk mitigation is needed)

Suggested Schedules

1. Technical Specifications: Detailed technical requirements and parameters

2. Pricing Schedule: Detailed pricing mechanisms and calculations

3. Performance Standards: Required operational standards and metrics

4. Metering Specifications: Technical requirements for metering equipment

5. Form of Performance Security: Template for security instruments if required

6. Operating Procedures: Detailed operational protocols and procedures

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





































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Industries

Electricity Act 2001: Primary legislation governing Singapore's electricity market structure, licensing requirements, and defining the powers of the Energy Market Authority (EMA)

Energy Market Authority of Singapore Act: Establishes the EMA as the market regulator and outlines its regulatory powers and functions

Gas Act: Relevant legislation when power generation involves natural gas supplies and infrastructure

Electricity Market Rules: Regulatory framework covering market operations, settlement procedures, and registration requirements for market participants

Electricity Licensing Framework: Regulatory framework detailing generation licenses, retail licenses, and requirements for electricity sellers

Singapore Electricity Market Code: Technical standards, operating procedures, and connection requirements for market participants

Contract Act (Cap. 53): General contract law principles governing formation and enforcement of contracts in Singapore

Environmental Protection and Management Act: Environmental compliance requirements and emissions standards for power generation

Competition Act: Legislation governing anti-competitive behavior and market dominance issues in Singapore

Carbon Pricing Act 2018: Framework for carbon tax and emissions reporting requirements affecting power generation facilities

EMA Guidelines and Codes of Practice: Technical standards, safety requirements, and market conduct guidelines issued by the Energy Market Authority

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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