Backstop PPA | Practical Law

Backstop PPA | Practical Law

Backstop PPA

Backstop PPA

Practical Law UK Glossary w-001-7681 (Approx. 3 pages)

Glossary

Backstop PPA

A standard form of power purchase agreement under which an offtaker of last resort provides a route to market and a minimum revenue stream for a generator who has been awarded a Contract for Difference (CFD) under the Electricity Market Reform (EMR) programme. For more information, see Practice note, Contracts for Difference (CFDs) for low carbon generation: overview: Offtaker of last resort or backstop PPA.