3 day Masterclass

Power Purchase Agreements in deregulated and competitive markets

Pricing in competitive markets PPAs with government and state-owned enterprises

This special and customized 3-day program has been designed to ensure delegates learn how to use, prepare and negotiate Power Purchase Agreements (PPAs) for projects in the electricity industry.

In this program the delegates will gain the knowledge and business acumen on the purpose and types of Power Purchase Agreements in the context of unregulated and competitive wholesale electricity markets.

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fully engage

Understand the purpose of PPAs, the types of PPAs and the purchasers involved, especially in the context of the reform of the electricity sector

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get practical

Understand the key provisions of a PPA and its impact on project financing

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develop new skills

Have a grip on issues arising from contracting (in the form of PPAs) with government entities and state-owned agencies and enterprises

Negotiating Power purchasing agreements

This special and customized 3-day program has been designed to ensure delegates learn how to use, prepare and negotiate Power Purchase Agreements (PPAs) for projects in the electricity industry. Although PPAs can take various forms it is essentially an agreement​ for the sale of electric power between a power generating company and a wholesale purchaser such as a distributor and commonly used as an offtake agreement to facilitate project finance for construction of a power plant.  They are essential for a successful liberalized and competitive electricity industry.​

In just 3 days you will:

  • Understand the purpose of PPAs, the various types of PPAs and the purchasers involved, especially in the context of the reform of the electricity sector
  • Have a total grasp of the basic risks which a PPA must allocate, the part a PPA plays in independent power projects (IPPs) and its relationship with other project agreements relating to construction, the project company, operations and maintenance, financing, transport and feedstock fuel supply and insurance
  • Understand the use and function of a PPA in the context of the reform of the electricity sector
  • Know usual pricing structures and how to negotiate the pricing in competitive markets
  • Understand the key provisions of a PPA and its impact on project financing
  • Have a grip on issues arising from contracting (in the form of PPAs) with government entities and state-owned agencies and enterprises

Organisations that will benefit:

  • Power and other energy sector companies
  • Companies serving the power and energy sector with services, plant or equipment
  • Resource and infrastructure companies
  • Professional firms and consultants
  • Investors
  • Lenders
  • Regulators
  • Governments

Who will attend:

  • Business analysts
  • Business development and marketing managers
  • Commercial managers
  • Consultants
  • Contract managers
  • Corporate and project financing personnel
  • Economists
  • Engineers
  • External legal counsel
  • In-house legal counsel
  • Project managers
  • Regulators
  • Government officials
  • Attendance is a must for senior personnel involved in power projects.

Course Agenda

  • Overview of electricity functional markets
  • Overview of deregulated competitive electricity wholesale markets
  • Competitive markets versus single buyer markets
  • Introduction to Power Purchase Agreements
  • Basic risks
  • Pricing in competitive markets
  • Key issues in take or pay PPAs
  • Hedges (Contract for Differences)
  • PPA Conditions Precedent
  • PPA and Plant Operations
  • The PPA and project financing
  • The PPA and project financing
  • Specific risk allocations
  • The key risk allocation mechanism - Force Majeure
  • ‘Boiler plate’ provisions (so called)
  • PPAs with government and state-owned enterprises
  • Dispute resolution
  • Wrap up questions and answers

For further information please call: +44 (0)207 092 1045

  • “The depth and knowledge of my trainer was extremely impressive. In 3 days I have had, without a doubt, a masterclass on the industry. Truly world class.”

    - Gordon Dowall Potter, Past Delegate

  • “Well worth 3 days of study!”

    - Syed Hamza, Past Delegate

  • “The training was excellent! I give it a 10 and will get my trainer's support for my next challenges.”

    - Head of Partnerships & Customer Loyalty at Avis Budget, Past Delegate

  • “Extremely constructive course with a very good dynamic and passionate trainer.”

    - Managing Director at BNP Paribas, Past Delegate

  • “Impressive and cooperative trainer who wanted to make sure the delegates understood.”

    - Budgeting, Planning & Reporting Manager, Past Delegate

IN-HOUSE

We can come to you too! If you have a team of six or more, why not hold a private course? Our experts come to you and the course is tailored to your requirements.

Call +44 (0)20 7092 1045 (United Kingdom)
or emma-jane.dinan@terrapinn.com (Asia Pacific)
for more details

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