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Power Supply Agreement

Power Supply Agreement Template for Philippines

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Key Requirements PROMPT example:

Power Supply Agreement

"I need a Power Supply Agreement for a 50MW solar power plant in Luzon, Philippines, supplying to a distribution utility, with operations starting March 2025, including provisions for renewable energy certificates and carbon credits."

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Document background
The Power Supply Agreement (PSA) is a crucial document in the Philippine energy sector, used to formalize the commercial and technical arrangements between power generators/suppliers and buyers of electricity. This agreement type became particularly important following the enactment of the Electric Power Industry Reform Act (EPIRA) in 2001, which restructured the Philippine electricity sector. The PSA details the terms and conditions for power supply, including contracted capacity, energy pricing, delivery points, and technical specifications. It requires approval from the Energy Regulatory Commission and must comply with various regulatory requirements including the Philippine Grid Code and Distribution Code. The agreement is essential for ensuring stable and reliable power supply while protecting the interests of both suppliers and consumers in the Philippine power market.
Suggested Sections

1. Parties: Identification of the power supplier and the buyer, including their legal details and authorized representatives

2. Background: Context of the agreement, including the supplier's generation capabilities and buyer's requirements

3. Definitions: Detailed definitions of technical and commercial terms used throughout the agreement

4. Supply Obligations: Core obligations including contracted capacity, energy requirements, and delivery points

5. Term and Effectiveness: Duration of the agreement, conditions precedent, and effectiveness dates

6. Price and Payment Terms: Detailed pricing structure, payment mechanisms, and billing procedures

7. Technical Requirements: Technical specifications, power quality standards, and operational requirements

8. Metering and Testing: Requirements for metering equipment, testing procedures, and dispute resolution for technical issues

9. Force Majeure: Definition of force majeure events and their consequences

10. Default and Termination: Events of default, cure periods, and termination procedures

11. Dispute Resolution: Procedures for resolving disputes, including jurisdiction and governing law

12. Representations and Warranties: Standard representations and specific warranties related to power supply

13. Assignment and Transfer: Rules regarding transfer of rights and obligations under the agreement

14. Confidentiality: Protection of confidential information and trade secrets

15. Notices: Communication procedures and contact details

16. Miscellaneous: Standard boilerplate provisions including severability, entire agreement, and amendments

Optional Sections

1. Carbon Credits: Include when the power supply involves renewable energy sources eligible for carbon credits

2. Interconnection Requirements: Include when new interconnection facilities need to be constructed

3. Ancillary Services: Include when additional grid support services are part of the agreement

4. Government Approvals: Include when specific regulatory approvals are pending or required

5. Security Package: Include when performance bonds or other security instruments are required

6. Step-in Rights: Include when lenders require step-in rights for project financing

7. Change in Law Provisions: Include detailed provisions when regulatory environment is uncertain

8. Emergency Protocols: Include when dealing with critical infrastructure or essential services

Suggested Schedules

1. Schedule 1 - Technical Specifications: Detailed technical parameters of the power supply including voltage, frequency, and power factor requirements

2. Schedule 2 - Pricing Formula: Detailed calculations for energy charges, capacity charges, and adjustments

3. Schedule 3 - Testing Procedures: Procedures for initial testing, periodic testing, and performance testing

4. Schedule 4 - Metering Requirements: Specifications for metering equipment and calibration procedures

5. Schedule 5 - Operating Procedures: Detailed procedures for normal operations, maintenance, and emergencies

6. Schedule 6 - Performance Standards: Specific performance requirements and penalties for non-compliance

7. Schedule 7 - Forms and Notices: Standard forms for nominations, invoicing, and other routine communications

8. Appendix A - Single Line Diagram: Technical diagram showing connection points and metering locations

9. Appendix B - Site Description: Details of generation facility location and delivery points

10. Appendix C - Permits and Licenses: Copies or lists of required regulatory approvals and permits

Authors

Alex Denne

Head of Growth (Open Source Law) @ tiktok成人版 | 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




























































Clauses








































Relevant Industries

Energy & Utilities

Power Generation

Electricity Distribution

Manufacturing

Industrial Processing

Commercial Real Estate

Mining

Renewable Energy

Heavy Industry

Retail

Relevant Teams

Legal

Regulatory Affairs

Commercial Operations

Energy Trading

Technical Operations

Finance

Risk Management

Business Development

Operations

Procurement

Compliance

Engineering

Corporate Strategy

Project Management

Relevant Roles

Energy Trading Manager

Power Plant Manager

Regulatory Compliance Officer

Commercial Operations Director

Legal Counsel

Technical Operations Manager

Chief Financial Officer

Contract Manager

Energy Procurement Manager

Risk Management Officer

Business Development Manager

Grid Operations Manager

Regulatory Affairs Director

Supply Chain Manager

Chief Technical Officer

Industries










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, 聽Leaves of Absence, Confidentiality, Intellectual Property, Non-Solicitation, Non-Competition, Code of Conduct, Termination, 聽Severance Pay, Governing Law, Entire Agreemen

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