51Ƶ

Contract For Differences PPA Template for Belgium

This document is a specialized power purchase agreement incorporating a contract for differences mechanism, governed by Belgian law and compliant with EU regulations. It establishes a long-term electricity procurement arrangement where parties settle the difference between an agreed strike price and a market reference price. The agreement includes detailed provisions for price calculations, settlement mechanisms, credit support requirements, and regulatory compliance specific to the Belgian energy market, while incorporating necessary elements for EU-wide trading and settlement systems.

Thank you! Your submission has been received!
Oops! Something went wrong while submitting the form.
Get template free

Your data doesn't train Genie's AI

You keep IP ownership of your docs

4.6 / 5
4.6 / 5
4.8 / 5

What is a Contract For Differences PPA?

The Contract For Differences PPA is a sophisticated energy procurement instrument used in the Belgian market when parties seek to manage long-term electricity price risks while maintaining market participation. This document type is particularly relevant for renewable energy projects where price certainty is crucial for project financing, while allowing both parties to benefit from market mechanisms. It includes comprehensive provisions for price calculations, settlement procedures, and regulatory compliance under Belgian law and EU regulations. The agreement is typically used for large-scale renewable energy projects, corporate procurement programs, or industrial consumers seeking long-term price stability while maintaining market alignment.

What sections should be included in a Contract For Differences PPA?

1. Parties: Identification and details of the contracting parties

2. Background: Context of the agreement, including facility details and party intentions

3. Definitions: Defined terms used throughout the agreement, including market-specific terminology

4. CfD Structure: Core mechanics of the CfD, including strike price, reference price, and settlement calculations

5. Term and Termination: Duration of the agreement and circumstances for early termination

6. Payment and Settlement: Payment mechanics, timing, and settlement procedures

7. Metering and Records: Requirements for measuring and recording electricity generation

8. Credit Support: Security requirements and credit support mechanisms

9. Force Majeure: Events constituting force majeure and consequential rights/obligations

10. Change in Law: Provisions dealing with regulatory changes affecting the contract

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

12. Dispute Resolution: Procedures for resolving disputes between parties

13. Governing Law: Specification of Belgian law as governing law and jurisdiction

What sections are optional to include in a Contract For Differences PPA?

1. Green Certificates: Provisions relating to green certificates and environmental attributes, included when relevant to the project

2. Capacity Market Participation: Terms regarding capacity market participation, if applicable

3. Insurance: Specific insurance requirements, included for larger projects or when required by financiers

4. Development Obligations: Included for projects not yet operational, covering construction and commissioning requirements

5. Direct Agreement: Provisions for lender direct agreements, included when project financing is involved

6. Grid Connection: Specific provisions relating to grid connection obligations, included when relevant to risk allocation

What schedules should be included in a Contract For Differences PPA?

1. Facility Description: Technical specifications of the generating facility

2. Pricing and Settlement: Detailed pricing mechanics, calculations, and settlement procedures

3. Testing and Commissioning: Requirements and procedures for facility testing and commissioning

4. Metering Specifications: Technical requirements for metering equipment and procedures

5. Form of Direct Agreement: Template direct agreement for lenders

6. Credit Support Requirements: Detailed credit support calculations and requirements

7. Operating Parameters: Technical operating specifications and requirements

8. Form of Notices: Template notices for various contract procedures

9. Calculation Examples: Example calculations for CfD settlements and adjustments

Authors

Alex Denne

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

Jurisdiction

Belgium

Publisher

Genie AI

Cost

Free to use

Find the exact document you need

Sleeve Power Purchase Agreement

A Belgian-law governed agreement for renewable energy trading through a sleeve provider, structured to comply with Belgian federal and regional energy regulations.

Download

Power Purchase Agreement Renewable (Energy)

Belgian law-governed Power Purchase Agreement for renewable energy transactions, incorporating federal and regional regulatory requirements.

Download

Power Purchase Agreement Solar

Belgian law-governed Solar Power Purchase Agreement template for long-term electricity sale from solar installations, including technical, commercial, and regulatory provisions.

Download

Commercial Solar PPA

Belgian law-governed commercial solar power purchase agreement template for electricity sale from solar installations to commercial customers.

Download

Renewable Energy Agreement

Belgian law-governed agreement for renewable energy supply, generation, or purchase, incorporating federal and regional energy regulations.

Download

Contract For Differences PPA

Belgian law-governed Contract for Differences PPA establishing long-term electricity procurement with market price difference settlements.

Download

Private Wire PPA

Belgian law-governed agreement for direct electricity supply through private wire infrastructure between generator and consumer, complying with Belgian energy regulations.

Download

Corporate Power Purchase Agreement

Belgian-law governed agreement for direct electricity purchase between corporations and power generators, compliant with EU and Belgian federal energy regulations.

Download

Direct Power Purchase Agreement

Belgian law-governed agreement for direct purchase of electricity between a power generator and corporate buyer, typically for renewable energy.

Download

Power Purchase Contract

Belgian-law governed agreement for the sale and purchase of electricity between a generator/supplier and an off-taker, incorporating federal and regional regulatory requirements.

Download

Physical Power Purchase Agreement

Belgian-law governed agreement for physical electricity supply between generator and buyer, detailing delivery terms, pricing, and technical requirements.

Download

Power Offtake Agreement

Belgian-law governed agreement for power sale and purchase between generators and offtakers, compliant with federal Belgian and EU energy regulations.

Download

Power Supply Agreement

A Belgian law-governed agreement establishing terms for electrical power supply between a licensed supplier and consumer, incorporating federal Belgian and EU energy regulations.

Download
See more related templates

ұԾ’s Security Promise

Genie is the safest place to draft. Here’s how we prioritise your privacy and security.

Your documents are private:

We do not train on your data; ұԾ’s AI improves independently

All data stored on Genie is private to your organisation

Your documents are protected:

Your documents are protected by ultra-secure 256-bit encryption

We are ISO27001 certified, so your data is secure

Organizational security:

You retain IP ownership of your documents and their information

You have full control over your data and who gets to see it