2024 - Sustainable Industrial Processing Summit
SIPS 2024 Volume 3. Dibra Intl. Symp / Laws & Their Applications
| Editors: | F. Kongoli, H. Carter, Y. Hayakawa, B. Jedlickova, M. McNeil, M. Nolan, E.S. Pana, D. Shanley |
| Publisher: | Flogen Star OUTREACH |
| Publication Year: | 2024 |
| Pages: | 268 pages |
| ISBN: | 978-1-998384-08-2 (CD) |
| ISSN: | 2291-1227 (Metals and Materials Processing in a Clean Environment Series) |
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LEGAL ASPECTS OF THE RENEWABLE POWER PURCHASE AGREEMENT
Amarildo Bregasi1;1FROST & FIRE CONSULTING, Tirana, Albania;
Type of Paper: Regular
Id Paper: 403
Topic: 61
Abstract:
This paper analyses the Power Purchase Agreement (PPA) as a tool for securing electricity within the context of free energy trade between private entities and state support for promoting energy production from renewable sources to meet green transition and sustainable development goals. It further delves into the various implications of these agreements on the broad energy market. The PPA is a crucial mechanism for securing financing for the construction of power generation plants. The analysis includes different types of PPAs, their advantages, elements, termination, and the risks for both the buyer and the seller. The paper also provides a precise summary of decisions made by the European Court of Justice regarding Power Purchase Agreements, particularly focusing on how these agreements are categorized and evaluated as state aid. The aim is to provide a comprehensive overview of the legal aspects of renewable PPAs, while also taking into account considerations of Albanian legislation.