Power Purchase Agreement

Power Purchase Agreement Template for Denmark

Create a bespoke document in minutes, or upload and review your own.

4.6 / 5

4.8 / 5

Let's create your Power Purchase Agreement

1. Select your governing law and document type:

2. Enter your key requirements:

3. Create your document to edit, review or download

Get your first 2 documents free

Your data doesn't train Genie's AI

You keep IP ownership of your information

Key Requirements PROMPT example:

Document background

Power Purchase Agreements (PPAs) are essential instruments in Denmark's energy market, facilitating both conventional and renewable energy trading. These agreements are particularly crucial in supporting Denmark's green energy transition and meeting corporate sustainability goals. The document is used to establish a long-term electricity supply arrangement between generators and purchasers, typically ranging from 5 to 15 years, and can be structured as physical or financial PPAs. It incorporates specific Danish regulatory requirements, including compliance with the Danish Electricity Supply Act and Renewable Energy Act, while also addressing EU-wide regulations. The agreement is particularly relevant for renewable energy projects, corporate procurement of green power, and utility-scale power generation, providing certainty for project financing and operational stability.

Suggested Sections

1. Parties: Identification of the power seller/generator and buyer, including registration details and addresses

2. Background: Context of the agreement, including facility details and parties' objectives

3. Definitions and Interpretation: Definitions of technical and legal terms, rules of interpretation

4. Sale and Purchase Obligations: Core obligations regarding the sale and purchase of electricity, including delivery points and volume commitments

5. Term and Termination: Duration of the agreement, conditions for termination, and extension options

6. Price and Payment: Pricing mechanism, payment terms, invoicing, and dispute procedures

7. Metering and Documentation: Requirements for measuring and recording electricity delivery

8. Title and Risk: Transfer of ownership and risk in the electricity supplied

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

10. Changes in Law: Procedures for addressing regulatory changes affecting the agreement

11. Representations and Warranties: Standard and specific warranties from both parties

12. Liability and Indemnities: Limitations of liability and indemnification obligations

13. Confidentiality: Obligations regarding confidential information

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

15. Miscellaneous: Standard boilerplate provisions including notices, amendments, and assignment

Optional Sections

1. Guarantees of Origin: Required for renewable energy PPAs, covering the transfer and certification of green attributes

2. Grid Connection and Curtailment: Include when the generator is responsible for grid connection or when curtailment rights need to be addressed

3. Construction and Commissioning: Required for PPAs signed before facility completion, including milestone dates and consequences of delay

4. Credit Support: Include when parties require security for payment or performance obligations

5. Balancing Responsibilities: Required when addressing responsibility for electricity balancing services

6. Insurance: Include when specific insurance requirements need to be detailed

7. Change in Control: Include when restrictions on ownership changes are required

8. Sustainability Requirements: Include for green PPAs with specific environmental or social governance requirements

Suggested Schedules

1. Facility Description: Technical specifications of the power generation facility

2. Pricing Schedule: Detailed pricing mechanisms, calculations, and adjustments

3. Testing and Commissioning Procedures: Technical requirements for facility testing and commissioning

4. Operating Parameters: Technical and operational specifications for power delivery

5. Metering Specifications: Technical requirements for metering equipment and procedures

6. Form of Direct Agreement: Standard form for lender direct agreements if required

7. Performance Security: Forms and requirements for any required security instruments

8. Planned Maintenance Schedule: Schedule of planned maintenance periods and procedures

9. Grid Connection Requirements: Technical specifications for grid connection

10. Contact Details: List of key contacts and authorized representatives

Authors

Relevant legal definitions

Clauses

Relevant Industries

Relevant Teams

Relevant Roles

Find the exact document you need

Download our whitepaper on the future of AI in Legal

By providing your email address you are consenting to our Privacy Notice.

Thank you for downloading our whitepaper. This should arrive in your inbox shortly. In the meantime, why not jump straight to a section that interests you here: /our-research

Oops! Something went wrong while submitting the form.

�ұ�Ծ��’s Security Promise

Genie is the safest place to draft. Here’s how we prioritise your privacy and security.

Your documents are private:

We do not train on your data; �ұ�Ծ��’s AI improves independently

All data stored on Genie is private to your organisation

Your documents are protected:

Your documents are protected by ultra-secure 256-bit encryption

Our bank-grade security infrastructure undergoes regular external audits

We are ISO27001 certified, so your data is secure

Organizational security

You retain IP ownership of your documents

You have full control over your data and who gets to see it

Innovation in privacy:

Genie partnered with the Computational Privacy Department at Imperial College London

Together, we ran a £1 million research project on privacy and anonymity in legal contracts

Want to know more?

Visit our for more details and real-time security updates.

Read our Privacy Policy.

��Ƶ

How a Sales & Marketing Lead uses ��Ƶ to reduce contract drafting time by 95%

private

sovereign

Careers

Power Purchase Agreement Template for Denmark

Let's create your Power Purchase Agreement