Energy exchange PPA platform proposal by end of the month

A Greek energy exchange proposal for the formation of a platform facilitating green-energy power purchase agreements is expected to be delivered to the energy ministry within the next two to three weeks, energypress sources have informed.

The energy exchange’s proposal will be forwarded to the ministry once joint research with professional services firm Grant Thornton is completed and the study’s findings have been considered. The search for a standardized format for PPAs is a key issue of the research.

Banks have also expressed preferences and become involved in the process.

The European Federation of Energy Traders long ago established a template for corporate PPAs, but, according to Greek energy exchange sources, this model contains several issues that need to be addressed.

Once a finalized format has been prepared, it will be rediscussed with banks, to play a crucial role in the success of the PPA platform and PPAs, in general.