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Sleeve Power Purchase Agreement

Sleeve Power Purchase Agreement Template for Netherlands

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Key Requirements PROMPT example:

Sleeve Power Purchase Agreement

"I need a Sleeve Power Purchase Agreement for a 50MW solar project in Noord-Holland, with delivery starting March 2025, including specific provisions for seasonal generation variations and a floor price mechanism."

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Document background
The Sleeve Power Purchase Agreement is utilized in the Dutch energy market when corporate consumers wish to procure renewable energy directly from generators while maintaining the security and services of a utility provider. This tripartite arrangement has become increasingly popular as companies seek to meet sustainability goals while ensuring reliable power supply. The document addresses the complex requirements of the Dutch electricity market, including balancing responsibilities, programming, and transfer of guarantees of origin. It provides a comprehensive framework for price mechanisms, delivery obligations, and risk allocation between the generator, utility sleeve provider, and end consumer. The agreement is structured to comply with the Dutch Electricity Act 1998 and relevant EU regulations, while incorporating market standard provisions for renewable energy trading in the Netherlands.
Suggested Sections

1. Parties: Identification of the power producer, sleeve provider (typically utility), and end consumer

2. Background: Context of the agreement, including facility details and purpose of the sleeve arrangement

3. Definitions and Interpretation: Key terms, technical specifications, and rules for interpreting the agreement

4. Term and Termination: Duration of the agreement, conditions for renewal, and termination rights

5. Sale and Purchase Obligations: Core obligations regarding electricity delivery, sleeving arrangements, and take-or-pay provisions

6. Delivery Points and Title Transfer: Specification of delivery points and transfer of ownership of electricity

7. Metering and Documentation: Requirements for measuring delivered electricity and maintaining records

8. Pricing and Payment: Price calculation methodology, billing procedures, and payment terms

9. Guarantees of Origin: Handling and transfer of renewable energy certificates or guarantees of origin

10. Force Majeure: Events excusing performance and related procedures

11. Representations and Warranties: Standard and specific warranties from each party

12. Liability and Indemnification: Allocation of risks and responsibilities between parties

13. Confidentiality: Protection of confidential information and trade secrets

14. Dispute Resolution: Procedures for resolving disputes under Dutch law

15. Governing Law: Confirmation of Dutch law application and jurisdiction

Optional Sections

1. Credit Support: Required when parties need additional financial security through parent guarantees or bank guarantees

2. Change in Law: Included when parties want specific provisions for handling regulatory changes

3. Market Disruption: Added when parties want specific provisions for handling electricity market disruptions

4. Sustainability Commitments: Include when parties have specific ESG or sustainability requirements

5. Forecasting and Scheduling: Required for variable renewable energy sources like wind or solar

6. Grid Connection: Include when specific grid connection requirements need to be addressed

7. Insurance: Added when specific insurance requirements need to be detailed

8. Assignment and Change of Control: Include when parties want specific restrictions on transfer of rights

Suggested Schedules

1. Schedule 1 - Facility Description: Technical details of the generation facility including location, capacity, and technology

2. Schedule 2 - Testing and Commissioning: Procedures for facility testing and commissioning requirements

3. Schedule 3 - Pricing Mechanism: Detailed pricing formulas, adjustments, and examples

4. Schedule 4 - Operating Parameters: Technical parameters for generation and delivery

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

6. Schedule 6 - Form of Guarantees: Templates for any required guarantees or security documents

7. Schedule 7 - Contact Details: List of key contacts and notice details for all parties

8. Schedule 8 - Performance Requirements: Specific performance criteria and remedies

9. Appendix A - Generation Forecast Template: Standard format for submitting generation forecasts

10. Appendix B - Monthly Report Template: Standard format for monthly operational reporting

Authors

Alex Denne

Head of Growth (Open Source Law) @ ¶¶Òõ¶ÌÊÓƵ | 3 x UCL-Certified in Contract Law & Drafting | 4+ Years Managing 1M+ Legal Documents | Serial Founder & Legal AI Author

alex.den.21@genieai.co
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Clauses







































Relevant Industries

Renewable Energy

Utilities

Manufacturing

Industrial Production

Data Centers

Chemical Industry

Food and Beverage

Technology

Retail

Banking and Finance

Relevant Teams

Legal

Procurement

Sustainability

Energy Trading

Risk Management

Commercial

Operations

Environmental Compliance

Treasury

Business Development

Relevant Roles

Energy Trading Manager

Renewable Energy Director

Corporate Procurement Manager

Sustainability Officer

Legal Counsel

Commercial Director

Risk Manager

Energy Operations Manager

Business Development Manager

Power Purchase Agreement Specialist

Environmental Compliance Officer

Chief Sustainability Officer

Energy Contract Manager

Renewable Energy Project Manager

Industries








Teams

Employer, Employee, Start Date, Job Title, Department, Location, Probationary Period, Notice Period, Salary, Overtime, Vacation Pay, Statutory Holidays, Benefits, Bonus, Expenses, Working Hours, Rest Breaks,  Leaves of Absence, Confidentiality, Intellectual Property, Non-Solicitation, Non-Competition, Code of Conduct, Termination,  Severance Pay, Governing Law, Entire Agreemen

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