EASE Response to Public Consultation on the Introduction of Voluntary Templates for Power Purchase Agreement Contracts in the EU Energy Market

EASE has prepared a response to ACER's public consultation on templates for voluntary Power Purchase Agreements (PPAs) in the EU energy market. The response highlights that while current voluntary PPA templates serve as a solid foundation for negotiations, they often require modifications. This is due to the need to accommodate specific product conditions, varying national jurisdictions across Europe, and market-specific responsibilities such as grid connection delays, force majeure events, and fluctuating prices.

The response underlines that power generation assets, prospective storage solutions, and constraints imposed by public bodies or multi-buyer contracts can lead to delays and increase costs. To address these challenges, private initiatives must reflect industry demands and be adaptable over time.

EASE advocates for a flexible voluntary template that offers various options to adapt to specific clauses and leverages Electricity Market Design provisions. Such a template would lower entry barriers, streamline processes, and ensure standardised procedures, ultimately facilitating a more efficient and adaptable PPA market.