According to the opinion given by European Commission (2022) in its Guidance to Member States on good practices to speed up permit-granting procedures for renewable energy projects and on facilitating Power Purchase Agreements, a renewable Power Purchase Agreement or a renewable Heat Purchase Agreement represents a purchase agreement between a renewable energy producer and a corporate offtaker, in which the buyer purchases a certain amount of renewable energy at a specific price for a specific period. With the purchase of energy the buyer in most cases receives also a guarantee of origin that proves that the energy is produced from a renewable energy source, on one site, and that this renewable energy is produced within EU, on the other site.

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The Theoretical Framework of Power Purchase Agreements’ (PPAs) on the Road to Green Energy and Achieving Climate Neutrality Targets

  • Elena Andreea Niculescu

摘要

According to the opinion given by European Commission (2022) in its Guidance to Member States on good practices to speed up permit-granting procedures for renewable energy projects and on facilitating Power Purchase Agreements, a renewable Power Purchase Agreement or a renewable Heat Purchase Agreement represents a purchase agreement between a renewable energy producer and a corporate offtaker, in which the buyer purchases a certain amount of renewable energy at a specific price for a specific period. With the purchase of energy the buyer in most cases receives also a guarantee of origin that proves that the energy is produced from a renewable energy source, on one site, and that this renewable energy is produced within EU, on the other site.