Partner Brian J. Kelly spoke on the panel discussing “Power Purchase Agreements” at this conference hosted by the Energy and Mineral Law Foundation.
The panel presented key considerations for utilities negotiating PPAs with renewable generators in the Southeast, as well as highlight new concepts such as “virtual PPAs” that are becoming increasingly prevalent in other parts of the country.
The long-term power purchase agreement (PPA) continues to be the cornerstone document for successfully developing power generation facilities of all types and sizes. In the Southeast, recent policies to promote utility-scale renewable energy generation, especially solar, require utilities, developers, and other market participants to understand and negotiate around new regulatory, financing and development challenges.
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