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Direct Power Purchase Agreement Template for Singapore

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Key Requirements PROMPT example:

Direct Power Purchase Agreement

"I need a Direct Power Purchase Agreement for a solar power facility in Singapore supplying 50MW to our manufacturing plant, with specific provisions for green energy certificates and carbon credits, starting from March 2025."

What is a Direct Power Purchase Agreement?

Direct Power Purchase Agreements (PPAs) have become increasingly important in Singapore's liberalized electricity market, particularly for corporations seeking to secure reliable and potentially renewable power supplies. These agreements provide a framework for direct electricity procurement between generators and corporate buyers, bypassing traditional utility providers while maintaining compliance with Singapore's regulatory requirements. The document includes essential terms covering supply obligations, pricing structures, performance standards, and regulatory compliance, making it a crucial tool for both power generators and corporate entities looking to manage their electricity supply and costs effectively.

What sections should be included in a Direct Power Purchase Agreement?

1. Parties: Details of the power generator and purchaser

2. Background: Context of the agreement and brief description of the parties' intentions

3. Definitions: Key terms used tHRoughout the agreement including regulatory references to Singapore electricity market

4. Supply Obligations: Core obligations regarding power supply and delivery, compliance with Electricity Act and EMA requirements

5. Pricing and Payment Terms: Price structure, invoicing, and payment conditions including market-specific mechanisms

6. Term and Termination: Duration of agreement and termination provisions

7. Metering and Reporting: Requirements for measuring and reporting power delivery in accordance with Singapore Electricity Supply Code

8. Regulatory Compliance: Obligations to comply with Singapore electricity regulations and market rules

9. Force Majeure: Events beyond parties' control and their consequences

10. Dispute Resolution: Process for resolving disputes under Singapore law

What sections are optional to include in a Direct Power Purchase Agreement?

1. Green Attributes: Provisions for renewable energy certificates and environmental attributes when renewable energy sources are involved

2. Carbon Credits: Treatment of carbon credits and emissions trading under Singapore's Carbon Pricing Act

3. Backup Power Arrangements: Alternative supply arrangements during outages or supply disruptions

4. Environmental Compliance: Additional environmental obligations under Singapore's Environmental Protection and Management Act

What schedules should be included in a Direct Power Purchase Agreement?

1. Technical Specifications: Detailed technical requirements and standards compliant with Singapore grid requirements

2. Pricing Schedule: Detailed pricing mechanisms, calculations, and market adjustment provisions

3. Performance Standards: Specific performance metrics and requirements under Singapore Electricity Supply Code

4. Metering Specifications: Technical details of metering arrangements and compliance requirements

5. Operating Procedures: Detailed procedures for day-to-day operations and emergency protocols

6. Regulatory Compliance Schedule: Detailed listing of applicable Singapore regulations and compliance requirements

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

Relevant legal definitions




































Clauses






























Industries

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

Energy Market Authority of Singapore Act: Establishes the regulatory framework and outlines market operation rules for the energy sector in Singapore

Electricity Market Rules: Regulatory framework covering trading arrangements, settlement procedures, and market operations in Singapore's electricity market

Singapore Electricity Supply Code: Technical and operational standards document covering connection requirements and quality of supply standards for electricity distribution

Renewable Energy Regulations: Regulatory framework governing solar energy requirements, grid connection standards, and environmental compliance for renewable energy systems

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

Environmental Protection and Management Act: Legislation covering environmental compliance requirements and emissions standards for energy generation facilities

Competition Act: Legislation ensuring fair competition and preventing anti-competitive behavior in Singapore's energy market

Carbon Pricing Act 2018: Legislation governing carbon tax implications and emissions reporting requirements for energy generators and large energy consumers

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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