In my thesis I focused on the fundamental components of Power Purchase Agreements (PPAs), its advantages and risks and their connection to the European Union (EU) energy transition. Power Purchase Agreements are long-term contracts that specify the terms of selling electricity, such as price, quantity, and duration, between an energy producer and an energy consumer. Moreover, the project finance plays a major role in PPAs as it is the process by which lenders and equity investors fund a project firm based on the anticipated (contractual) cashflows of the project and the value of the underlying power assets. If parties remain in disagreement after completing the PPA process, they can resort to dispute resolution process. Arbitration and an expert determination are two well-known alternatives to litigation. In conclusion, for the Energy Union to be effective, and for PPAs to develop, energy market regulation must contribute in national markets' integration into the EU's Internal Energy Market (IEM), in increased energy security and in reduced consumer costs.
Ελισάβετ Κ. Ιωαννίδου (Wed,) studied this question.