Document background
The Sleeve Power Purchase Agreement is specifically designed for use in the Belgian energy market where direct power purchase agreements between generators and consumers require an intermediary utility provider. This document is typically used when a renewable energy producer wishes to sell electricity to a specific end consumer but requires a licensed utility to facilitate the transaction due to regulatory requirements or operational constraints. The agreement incorporates Belgium's complex regulatory framework, including federal energy laws, regional regulations, and EU directives. It addresses critical elements such as physical electricity delivery, financial settlements, balancing responsibilities, and green certificate transfers. The document is particularly relevant in the context of Belgium's growing renewable energy sector and the increasing demand for corporate renewable energy sourcing.
