3-Day Programme — Virtual · London · Johannesburg 2026
6–8 Jul · London 12–14 Oct · Johannesburg 3 Days Virtual / Classroom
About This Course
Course Overview
Global power markets are rapidly transitioning towards ever-increasing quantities of clean energy. Power purchase agreements allow both IPP power producers and corporate buyers to obtain long-term security to sell and buy renewable energy. For both generators and buyers, PPAs must address their individual circumstances and the specific risks they face in volatile, evolving power markets.
This highly specific course introduces the legal, financial and technical structure — and hidden pitfalls — of PPAs as a means for sellers and buyers to minimise exposure to price and volume volatility. The structure of physical and financial PPAs is thoroughly examined and placed in the context of the overall risk assessment of the project transaction. The course compares both PPA types, their tariff structures based on either costs or market price, and the implications for seller and buyer.
Delegates discuss recent case studies from around the world, embark on group exercises of risk allocation, and review real-world PPA clauses — digging into the gist of this mission-critical project agreement. The course leaves delegates ready to put everything learned into practice immediately.
Programme Content
Key Topics
01
PPA Types & Contract Framework
Basic types and key features of corporate PPAs
Physical vs financial (synthetic/virtual) PPAs and Contracts for Difference (CfD)
Behind-the-meter (on-site) PPAs and sleeved PPA structures
PPAs in context of the wider contractual framework
Tariff structures: cost-based vs market-price-based
Implications of each structure for seller and buyer
02
Risk Allocation, Bankability & Milestones
What makes a PPA bankable for project lenders
Required provisions: step-in rights, assignment, credit support, bonds and letters of credit
PPA timing: signing to expiry, Pre/Post-COD periods and termination for missed milestones
Delay and performance liquidated damages; metering, invoicing and deemed energy provisions
Volume, price and curtailment risk allocation
Change-in-law, force majeure, stabilization clauses and termination payment methodology
03
PPA Economics & Pricing
Levelized Cost of Electricity (LCOE) and Cost of Capital impact on tariffs
Take-or-Pay versus Take-and-Pay contract structures
Indexation, escalation, price collars and seasonal weighting factors
Locational Marginal Pricing and grid charges
Corporate renewable energy targets, additionality and Guarantee of Origin
I-RECs, GoOs and unbundled certificate structures
Counter-party risk, creditworthiness and scheduling/balancing risks
04
Case Studies & Best Practice
Recent case studies from around the world
Best practice when working with PPAs
Reviewing real-world PPA clauses in group exercises
Analysis of corporate RE procurement best practice
Applying learning the very next day
Learning Outcomes
What You Will Learn
By the end of this course, you will be able to:
01Understand the components of corporate PPAs and their place in the wider contractual framework
02Identify the basic types and key features of physical and financial PPAs and their tariff structures
03Apply best practice when working with PPAs and know what makes a PPA bankable for project lenders
04Analyse real-world PPA risk allocation and understand implications for both sellers and buyers
05Evaluate case studies of corporate PPAs from around the world and extract practical lessons
06Put everything learned into practice — understanding PPA economics, structuring and key negotiation points
07Apply best practice for PPA timing and milestones, pre- and post-COD obligations, delivery/metering and curtailment and deemed energy provisions
Dates & Pricing
Sessions & Fees
Available as virtual sessions (MS Teams / Zoom) and classroom. Contact us for additional classroom dates worldwide.
Dates
Time Zone
Format
Fee
6–8 Jul 2026
London (GMT) — 9 AM–3 PM
Virtual
£1,990 (+VAT if UK)
12–14 Oct 2026
Johannesburg (SAST) — 9 AM–1 PM
Virtual
£1,990
Classroom Sessions
Various cities — contact us
Classroom
£2,900
Target Audience
Who Should Attend
This course is designed for professionals on both sides of a PPA transaction — generators, buyers and advisors — who need to understand PPA structures, risk and commercial drivers in depth.
Corporate Procurement Managers
Corporate buyers procuring renewable energy through PPAs
Project Developers & Sponsors
Structuring and negotiating PPA offtake agreements
IPPs, Utilities & Grid Operators
Managing PPA exposure in evolving power markets
Legal, Technical & Insurance Advisors
Advisors supporting PPA transactions
Investors & Lenders
Banks and equity investors assessing PPA bankability
Oil & Gas Companies
Upstream, downstream and petrochemical companies adopting PPAs
Government Officials & Regulators
Policymakers shaping the regulatory environment for corporate PPAs
EPC Contractors & OEM Manufacturers
O&M service providers and equipment manufacturers delivering PPA-backed projects
Common Questions
Frequently Asked Questions
What is a corporate PPA? +
A corporate Power Purchase Agreement (PPA) is a long-term contract between a renewable energy generator and a corporate buyer, allowing both parties to secure long-term price certainty for selling or buying renewable electricity while reducing exposure to market price volatility.
What are the 2026 session dates? +
Virtual sessions: 6–8 July 2026 (London GMT, 9 AM–3 PM); 12–14 October 2026 (Johannesburg SAST, 9 AM–1 PM). Classroom sessions available on request.
What is the course fee? +
Virtual sessions are £1,990 per delegate. Classroom sessions are £2,900 per delegate. UK-based sessions are subject to 20% VAT.
What makes a PPA bankable? +
A bankable PPA contains provisions that allow project lenders to provide debt financing — including adequate credit support, step-in rights, assignment provisions and robust payment mechanisms. The course covers exactly which provisions are required and why they matter to lenders.
Can this course be delivered in-house? +
Yes. All London Petro Academy courses are available as fully customisable in-house programmes delivered at your premises or any location worldwide. Contact j.rogus@londonpetroacademy.co.uk for a tailored proposal.
All London Petro Academy courses are available as fully customised in-house programmes delivered at your premises, virtually, or at any location worldwide.
