Renewable Energy Projects: Keys to Drafting Power Purchase Agreements
Thursday, March 31, 2011
1:00 – 2:00 p.m. (Eastern)

Join Stoel Rives Partner, Bill Holmes, as he presents this exclusive, 60-minute webinar on Thursday, March 31.

The power purchase agreement (PPA) is the most critical component of a renewable energy project, and essential to project finance.

Last week, the Minnesota Public Utilities Commission resolved a longstanding dispute over who owns Renewable Energy Credits (RECs) when the Power Purchase Agreement (PPA) is silent.  Following the establishment of an REC tracking system for Minnesota, Xcel Energy asked the Commission to clarify ownership of RECs associated with 46 wind, biomass, hydro, and landfill gas

Last week, the Rhode Island Public Utilities Commission rejected a power purchase agreement (PPA) between Deepwater Wind and National Grid, the state’s largest utility, stating that the deal’s projected cost of electricity did not qualify as “commercially reasonable” under a test required by state law.  Deepwater would have charged National Grid 24.4 cents per kilowatt-hour in 2013

On October 12, 2009, the Public Service Commission of Utah ("PSC") joined the ranks of several other states in the west, including  Oregon, when it established a docket to investigate whether, and the extent to which, certain third-party arrangements for renewable energy generation are subject to the PSC’s jurisdiction.   www.psc.utah.gov/utilities/misc/miscindx/0999912indx.html,  Pursuant to the notice, the