Power Purchase Agreements Workshop Convene in Auckland
What: Training Workshop on Power Purchase Agreements
When: 28–31 May 2018.
Media Note: Official opening will take place on Monday 28th May at 9am. Opening remarks will be delivered by Mr Akuila Tawake, Pacific Community (SPC) Deputy Director Georesources and Energy followed by photo opportunity for the media at 10am.
Where: Pullman Hotel, Auckland, New Zealand
In April 2017, Pacific Energy Ministers met and adopted a vision for the Pacific to be 100% on renewable energy and launched the Pacific Centre of Excellence for Renewable Energy and Energy Efficiency (PCREEE) as a vehicle for accelerating the progress towards their vision by empowering the private sector and the business community. Achieving the region’s 100% renewable energy vision cannot be achieved without private sector investment. A Power Purchase Agreement is an effective tool for attracting private sector investments and is still very new to the Pacific Islands.
This workshop is being attended by regional organisations, Pacific Island countries and territories energy planners, energy regulators, power utility executive officers/board members, banks/investors, independent power producers as well as lawyers and consultants.
The objectives of the workshop are to enable participants to structure successful power purchase agreements, to manage competition in the electricity market and attract power sector investments and to provide inputs to the drafting of a power purchase agreement template for the Pacific Islands.
The Pacific Community (SPC)
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The Pacific Community (SPC) is the principal scientific and technical organisation in the Pacific. Established in 1947, it gathers 26 Member Countries and Territories and works for the development and advancement of the Pacific peoples. For more information, please visit our website on www.spc.int.