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Backstop PPA
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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
.