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A power purchase agreement (PPA), or electricity power agreement, is a long-term contract between an electricity generator and a customer, usually an utility, government or company. [ 1 ] [ 2 ] PPAs may last anywhere between 5 and 20 years, during which time the power purchaser buys energy at a pre-negotiated price.
At the 2011 United Nations Climate Change Conference (COP17) in Durban, the Renewable Energy Independent Power Producer Programme (REIPPP) was introduced to implement the objectives of the Integrated Resource Plan (IRP 2010-2030); [6] of which are to diversify the country's energy mix away from fossil-fired power generation like coal and crude oil, add 30 GW to the grid before 2030, [5] take ...
The Pollution Prevention Act of 1990 (PPA) is a United States federal law that created a national policy to promote the prevention of pollution or reduction at pollution sources wherever possible. [1] The law also expanded the Toxics Release Inventory (TRI), a waste reporting program administered by the United States Environmental Protection ...
Agenda 2063 is a set of initiatives proposed and currently under implementation by the African Union. [1] It was adopted on 31 January 2015 at the 24th Ordinary Assembly of the Heads of State and Governments of the African Union in Addis Ababa . [ 2 ]
Purchase price allocation (PPA) is an application of goodwill accounting whereby one company (the acquirer), when purchasing a second company (the target), allocates the purchase price into various assets and liabilities acquired from the transaction.
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This free market approach presented investment opportunity and government encouragement for more development of environment-friendly, renewable energy projects and technologies; the law created a market in which non-utility Independent Power Producers developed, and some energy market players failed.