Long-Term Energy Service Agreement Sample Contracts
Long-Term Energy Service AgreementLong-Term Energy Service Agreement • March 9th, 2023
[Drafting note: This Firming Supply LTESA is based on the firming infrastructure being a battery energy storage system. The LTESA will be adjusted for other technology types permitted in accordance with "Guidelines – Firming Infrastructure Round”. Notes have been included in the document indicating the key areas where changes will be required.]
Standard Contracts
Long-Term Energy Service Agreement (Demand response model)Long-Term Energy Service Agreement • March 9th, 2023
B LTES Operator has requested that the Beneficiaries provide financial accommodation to LTES Operator or its Related Bodies Corporate to enable it to carry out the Project.
Long-Term Energy Service AgreementLong-Term Energy Service Agreement • March 9th, 2023
[Note: The Demand Response LTESA contemplates that the LTES Operator is not undertaking any greenfield development or material alteration to provide the service. If the Proponent bids a project that will require such matters, then changes will be required to the Demand Response LTESA to provide for that type of project.]
Long-Term Energy Service Agreements - the innovative contracts accelerating the NSW energy transition – by Brad HopkinsLong-Term Energy Service Agreement • June 1st, 2023
Compared to their fossil fuel counterparts, renewable energy projects have low ongoing operational costs, which helps contribute to making the energy they produce more affordable. The upfront costs, however, remain substantial and have long payback periods making financial returns for renewable energy projects particularly sensitive to long-term electricity price volatility. This can reduce investor appetite to fund projects, slowing the transition to cleaner and cheaper forms of energy generation.
