On 23 May 2024, it was announced that the Agency for the Cooperation of Energy Regulators (ACER) will launch a consultation on the introduction of voluntary templates for power purchase agreement (PPA) contracts in the EU Energy Market, on 20 June 2024.

The EU’s Electricity Market Design (EMD) mandates ACER to assess the need to develop and issue voluntary templates for PPAs. The announcement states that as ACER assessment must reflect the needs of the different parties involved, it is key that this is done in close coordination with relevant institutions and stakeholders.

For this reason, ACER will run a public consultation to gather inputs from interested stakeholders and ensure an informed and inclusive decision-making process.

Next steps

The public consultation will run from 20 June to 18 July 2024.

As a follow up, ACER will evaluate the feedback received in the consultation and the conclusions reached by the consultative expert group established in May 2024. If the assessment (expected in Autumn 2024) highlights the need to develop templates for PPA contracts, ACER, together with all Nominated Electricity Market Operators, will start the process in Winter 2024.