The Power Purchase Agreement Scheme Regulations 2014
14 October 2014 / 1 October 2015
Energy / Climate change
The Power Purchase Agreement Scheme Regulations 2014 support the introduction of 'Contracts for Difference' by providing an ‘Offtaker of Last Resort’ (OLR) scheme. This scheme delivers backstop power purchase agreements (BPPAs) to provide a guaranteed route for power generated should they be unable to find an offtaker willing to enter into a Power Purchase Agreement (PPA) in the open market.