Document background
The Direct Power Purchase Agreement template is designed for use in the Irish market, where corporate demand for renewable electricity is growing amid increasing sustainability commitments and regulatory requirements. It provides a comprehensive framework for long-term electricity purchase arrangements between generators (typically renewable energy producers) and corporate buyers, ensuring compliance with Irish energy law and relevant EU regulations. The document addresses key commercial and technical aspects including pricing, delivery obligations, metering, and risk allocation, while incorporating specific Irish market mechanisms and grid requirements. This template is particularly relevant given Ireland's ambitious renewable energy targets and the increasing trend of corporate entities seeking to secure clean energy supply through direct procurement.
