Document background
The Green Power Purchase Agreement (GPPA) is a crucial contract used in the Canadian renewable energy market to facilitate the direct purchase of green electricity and environmental attributes between generators and consumers. This document is typically employed when organizations seek to secure long-term renewable energy supply, demonstrate environmental commitment, and meet sustainability goals while ensuring compliance with Canadian federal and provincial energy regulations. The agreement covers essential aspects such as power delivery terms, pricing structures, environmental attributes, performance standards, and regulatory compliance requirements. It is particularly relevant in the context of Canada's clean energy transition and carbon pricing framework, incorporating specific provisions for provincial electricity market participation and environmental certification requirements. The GPPA can be used for both existing renewable energy facilities and new development projects, with additional provisions available for construction-stage projects.
