Power Purchase Agreements – PPAs – new compliance challenges webinar

Power Purchase Agreements – PPAs – new compliance challenges webinar

AU Energy Compliance, Uncategorized
Solar Power Purchase Agreements are on the rise in Australia. Solar PPAs are regulated primarily through AER's (and in Victoria, the ESC's) retail and network exemption framework. This presentation follows on from our earlier webinar on PPAs. We address two current PPAs compliance challenges for solar PPAs: The new lease accounting standard and metering requirements. What is a Power Purchase Agreement (PPA)? A contract to purchase electricity at a pre-determined price for a fixed period. PPAs take a variety of forms physical/virtual, behind-the-meter/market, solar/non-solar. Each type of PPA presents an opportunity as well as certain potential costs. Regulatory Framework for PPAs General Rules Generally, applicable laws and regulations govern PPAs such as: Australian Consumer Law The Corporations Act 2001, including Part 2M.3 Financial Reporting Sector Specific Rules Standard solar PPA…
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