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Renewable Energy Agreement (Ireland)

Renewable Energy Agreement (Ireland)

RENEWABLE ENERGY AGREEMENT

This [Agreement Type] (the "Agreement") is entered into on [Agreement Date].

BETWEEN:

(1) [Generator Name], a company registered in Ireland (CRO No. [Generator CRO]), with its registered office at [Generator Address] (the "Generator"); and

(2) [Offtaker Name], a company registered in Ireland (CRO No. [Offtaker CRO]), with its registered office at [Offtaker Address] (the "Offtaker").

The Generator and the Offtaker are referred to individually as a "Party" and together as the "Parties".

RECITALS

A. The Generator owns and/or operates the following renewable energy generation facility: [Facility Description], located at [Facility Location], with an installed capacity of [Installed Capacity] (the "Facility").

B. The Generator has or is in the process of obtaining a grid connection agreement with EirGrid/ESB Networks (Reference: [Grid Connection Ref]) and all applicable planning permissions and licences required under Irish law.

C. The Offtaker wishes to purchase renewable electricity generated by the Facility on the terms and conditions set out in this Agreement.

D. This Agreement is intended to support Ireland’s obligations under the Climate Action and Low Carbon Development (Amendment) Act 2021 and the EU Renewable Energy Directive (2018/2001/EU, as recast).

1. DEFINITIONS AND INTERPRETATION

1.1 In this Agreement, the following terms have the meanings given below:

  • "Commercial Operation Date" or "COD" means [Commencement Date], being the date on which the Facility first delivers electricity under this Agreement;
  • "Contract Term" means [Contract Term];
  • "Contracted Volume" means [Contracted Volume] per annum;
  • "EirGrid" means EirGrid plc, the transmission system operator in Ireland;
  • "ESB Networks" means ESB Networks DAC, the distribution system operator;
  • "MWh" means megawatt-hour;
  • "PPA Price" means [PPA Price];
  • "RESS" means the Renewable Electricity Support Scheme administered by the Sustainable Energy Authority of Ireland (SEAI);
  • "ROC" means Renewable Obligation Certificate issued under applicable Irish or EU renewable energy support legislation.

2. SALE AND PURCHASE OF ELECTRICITY

2.1 With effect from the Commercial Operation Date, the Generator shall sell and deliver to the Offtaker, and the Offtaker shall purchase and accept from the Generator, the electricity generated by the Facility up to the Contracted Volume during the Contract Term.

2.2 The electricity delivered under this Agreement shall be generated exclusively from [Technology Type] technology and shall qualify as renewable electricity in accordance with the Renewable Energy Directive (2018/2001/EU) as implemented in Ireland.

2.3 The Generator shall use commercially reasonable efforts to deliver the Contracted Volume in each contract year. Shortfalls arising from force majeure, curtailment by EirGrid, or grid outages shall not constitute a breach.

2.4 All electricity shall be delivered at the relevant connection point as agreed with EirGrid/ESB Networks.

3. PRICE AND PAYMENT

3.1 The Offtaker shall pay the Generator the PPA Price of [PPA Price] per MWh of electricity delivered under this Agreement.

3.2 The PPA Price shall be subject to annual indexation in accordance with the Irish Consumer Price Index (CPI) published by the Central Statistics Office (CSO) on each anniversary of the COD, unless the Parties agree otherwise in writing.

3.3 The Generator shall issue monthly invoices within 10 Business Days of the end of each calendar month, based on metered electricity delivered.

3.4 The Offtaker shall pay each invoice within 30 days of the invoice date. Late payment interest shall accrue in accordance with the European Communities (Late Payment in Commercial Transactions) Regulations 2012 (S.I. 580 of 2012).

3.5 All amounts payable are exclusive of VAT, which shall be applied at the rate prescribed by the Value-Added Tax Consolidation Act 2010.

4. RESS AND REGULATORY SUPPORT

4.1 [RESS Participation]. The Generator shall be responsible for compliance with all RESS contract obligations and SEAI reporting requirements.

4.2 Unless otherwise agreed in writing, all REGOs (Renewable Energy Guarantees of Origin) or equivalent certificates attaching to the electricity generated shall be transferred to the Offtaker as part of this Agreement, enabling the Offtaker to make renewable energy claims in accordance with EU taxonomy requirements.

4.3 The Parties shall cooperate to comply with any reporting or certification requirements under the EU Renewable Energy Directive and the SEAI.

5. GRID, BALANCING, AND CURTAILMENT

5.1 The Generator shall be responsible for all grid connection costs, network charges, and balancing costs associated with the Facility, unless otherwise agreed.

5.2 The Generator shall comply with all dispatch instructions issued by EirGrid as transmission system operator and shall operate the Facility in accordance with the Grid Code and Distribution Code as published by the Commission for Regulation of Utilities (CRU).

5.3 In the event of curtailment or dispatch-down by EirGrid, the Contracted Volume shall be adjusted accordingly and the Generator shall not be in breach of this Agreement.

6. REPRESENTATIONS AND WARRANTIES

6.1 Each Party represents and warrants to the other that:

  • It is duly incorporated and validly existing under the laws of Ireland;
  • It has full power and authority to enter into and perform this Agreement;
  • The execution and performance of this Agreement does not breach any applicable law, regulation, or contractual obligation.

6.2 The Generator additionally warrants that:

  • It holds or will hold all permits, licences, and consents required under the Planning and Development Acts and the Energy (Miscellaneous Provisions) Act 2012 to construct and operate the Facility;
  • The Facility will generate electricity exclusively from renewable sources as defined in the Renewable Energy Directive.

7. FORCE MAJEURE

7.1 Neither Party shall be in breach of this Agreement or liable to the other for any failure or delay in performing obligations to the extent such failure or delay is caused by a Force Majeure Event.

7.2 "Force Majeure Event" means any event beyond the reasonable control of the affected Party, including but not limited to acts of God, war, terrorism, pandemic, grid failure, or action by a governmental or regulatory authority.

7.3 The affected Party shall notify the other Party as soon as reasonably practicable and shall use commercially reasonable efforts to resume performance.

8. TERM AND TERMINATION

8.1 This Agreement shall commence on the date hereof and, unless terminated earlier in accordance with this Clause 8, shall continue for the Contract Term of [Contract Term].

8.2 Either Party may terminate this Agreement on written notice if the other Party commits a material breach that remains unremedied for 30 days after written notice, becomes insolvent, or has a liquidator, receiver, or examiner appointed under the Companies Act 2014.

8.3 On expiry or termination, each Party shall settle all outstanding payment obligations and the Generator shall retain ownership of the Facility.

9. LIABILITY AND INDEMNITY

9.1 Neither Party shall be liable to the other for any indirect or consequential loss, loss of revenue, or loss of profit arising out of or in connection with this Agreement.

9.2 Each Party's aggregate liability under this Agreement shall not exceed the total payments made or due under this Agreement in the 12-month period preceding the event giving rise to the claim.

10. GOVERNING LAW AND DISPUTE RESOLUTION

10.1 This Agreement shall be governed by and construed in accordance with the laws of Ireland.

10.2 Any dispute arising out of or in connection with this Agreement shall be referred first to senior representatives of the Parties for resolution. If unresolved within 30 days, the dispute shall be submitted to arbitration in Dublin in accordance with the Arbitration Act 2010 and the UNCITRAL Arbitration Rules.

10.3 The Parties submit to the non-exclusive jurisdiction of the courts of Ireland.

11. GENERAL PROVISIONS

11.1 This Agreement constitutes the entire agreement between the Parties and supersedes all prior negotiations, representations, and agreements.

11.2 Amendments must be in writing and signed by authorised representatives of both Parties.

11.3 Neither Party may assign its rights or obligations under this Agreement without the prior written consent of the other Party, save that either Party may assign to an affiliate or in connection with project financing.

11.4 The Parties agree to process personal data only in accordance with the GDPR and the Data Protection Act 2018.

SIGNED as a binding agreement on the date first written above:

SIGNED for and on behalf of the GENERATOR:

Name: _______________________________

Title: _______________________________

For: [Generator Name]

Date: _______________________________

SIGNED for and on behalf of the OFFTAKER:

Name: _______________________________

Title: _______________________________

For: [Offtaker Name]

Date: _______________________________

Generator

________________

Signature

Offtaker

________________

Signature

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What Is a Renewable Energy Agreement (Ireland)?

A Renewable Energy Agreement in Ireland sets the scope of works, price, programme, and payment terms for the building or installation project, and is shaped by the Electricity Regulation Act 1999.

Ireland's legislative framework for renewable energy is anchored in the Climate Action and Low Carbon Development (Amendment) Act 2021, which set binding national targets of 80% renewable electricity by 2030 and net-zero emissions by 2050. This Act works alongside the Electricity Regulation Act 1999, the Energy (Miscellaneous Provisions) Act 2012, and a suite of EU-derived regulations implementing the Renewable Energy Directive (EU) 2018/2001 (RED II).

The most common forms of renewable energy agreement in Ireland are the Renewable Electricity Support Scheme (RESS) Contract for Difference, administered by EirGrid, and the Corporate Power Purchase Agreement (CPPA), which is a bilateral contract between a generator and a corporate or industrial buyer. CPPAs allow large electricity consumers to source renewable electricity directly from a generator, often at a fixed price, providing both cost certainty and sustainability credentials.

Guarantees of Origin (GoOs), issued by the Sustainable Energy Authority of Ireland (SEAI) under S.I. No. 147 of 2011, are a key component of renewable energy agreements. GoOs certify the renewable origin of electricity and are transferred to the offtaker, supporting their renewable energy claims and compliance with EU taxonomy and ESG reporting obligations under the Corporate Sustainability Reporting Directive (CSRD) as transposed into Irish law in 2024.

The legal framework governing the Renewable Energy Agreement (Ireland) in Ireland draws on several key statutes and regulatory bodies. Under the Companies Act 2014, the Companies Registration Office (CRO) maintains the register of Irish companies. Section 343 of the Companies Act 2014 sets annual confirmation obligations. The Competition and Consumer Protection Commission (CCPC) enforces the Consumer Rights Act 2022. The Central Bank of Ireland regulates financial services under the Central Bank Act 1971. The High Court of Ireland has jurisdiction under Section 212 of the Companies Act 2014. Parties executing a Renewable Energy Agreement (Ireland) in Ireland should confirm the document reflects current Irish law, including any amendments enacted since the original drafting date. The Companies Act 2014 sets the foundational requirements, while secondary legislation and statutory instruments may impose additional obligations depending on the specific circumstances of the transaction.

When Do You Need a Renewable Energy Agreement (Ireland)?

A Renewable Energy Agreement is required in several key circumstances in Ireland.

Corporate and Industrial Buyers: Large businesses seeking to meet sustainability targets, comply with the EU Corporate Sustainability Reporting Directive (CSRD) requirements, or reduce exposure to volatile electricity prices will enter into a CPPA to secure a long-term supply of renewable electricity at a fixed or indexed price. Many multinationals with Irish operations have adopted 100% renewable electricity commitments requiring such agreements.

Renewable Energy Developers: Wind and solar developers need offtake agreements to support project financing. Lenders require revenue certainty, and a CPPA or RESS contract provides the bankable revenue stream needed to secure non-recourse project finance.

Public Sector Bodies: Government agencies and public bodies are obligated under the Energy Efficiency Directive and national energy policy to source renewable electricity. Public procurement rules under the European Union (Award of Public Authority Contracts) Regulations 2016 (S.I. No. 284 of 2016) apply to procurement of energy supply contracts above threshold values.

Energy Communities: The European Union (Renewable Energy) Regulations 2021 (S.I. No. 676 of 2021) implementing RED II introduced the concept of renewable energy communities in Ireland. Community energy projects may enter into agreements to sell or share renewable electricity among members.

The agreement is also needed when a developer is splitting project capacity between a RESS auction and a direct corporate PPA, confirming consistency between the two revenue streams and avoiding conflict with RESS contract terms.

Parties in Ireland should prepare a Renewable Energy Agreement (Ireland) proactively rather than waiting for a dispute to arise. Irish courts, including the District Court, Circuit Court, and High Court of Ireland, interpret agreements based on the written terms rather than oral representations. Under the Companies Act 2014, the Companies Registration Office (CRO) maintains the register of Irish companies. Section 343 of the Companies Act 2014 sets annual confirmation obligations. The Competition and Consumer Protection Commission (CCPC) enforces the Consumer Rights Act 2022. The Central Bank of Ireland regulates financial services under the Central Bank Act 1971. The High Court of Ireland has jurisdiction under Section 212 of the Companies Act 2014. Where the transaction involves regulated activities, prior approval from the relevant authority — such as the Central Bank of Ireland, Companies Registration Office (CRO), or Data Protection Commission (DPC) — may be required before execution. Consulting a qualified Irish solicitor confirms all regulatory steps are completed in the correct order.

What to Include in Your Renewable Energy Agreement (Ireland)

A well-drafted Irish Renewable Energy Agreement should include the following key elements:

Parties and Project Description: Full legal names, company registration numbers (CRO numbers), registered addresses, and a clear description of the generating installation, including its installed capacity in MW, technology type, grid connection point, and CRU licence reference.

Contracted Volume and Delivery Terms: The agreed volume of electricity (in MWh) to be delivered over the contract term, the settlement intervals, metering arrangements, and the allocation of volume risk if actual generation falls short of contracted volumes due to resource variability or grid curtailment.

Price and Payment: The agreed strike price, fixed price, or indexation formula (e.g., CPI-linked), invoicing frequency, payment terms, and any balancing or imbalance cost provisions. The treatment of negative price periods, which are increasingly common in the Irish single electricity market (I-SEM), should be addressed.

Guarantees of Origin: Obligations for the generator to apply for, obtain, and transfer GoOs to the offtaker for each MWh of renewable electricity delivered, in accordance with SEAI procedures.

Grid and Regulatory Compliance: Warranties that the generator holds a valid CRU generation licence, planning permission, and grid connection agreement. Obligations to maintain compliance with EirGrid and ESB Networks grid codes throughout the term.

Force Majeure and Curtailment: Definitions of force majeure events and grid curtailment, and the effect of each on delivery obligations and payment.

Term and Termination: Contract duration (typically 10–15 years for CPPAs), break rights, change-in-law termination triggers, and consequences of early termination including any termination payment calculations.

Governing Law: Irish law, with disputes referred to the Irish courts or agreed arbitration. The forms-legal.com Renewable Energy Agreement (Ireland) template covers the mandatory elements under Companies Act 2014.

Additional compliance elements for a Renewable Energy Agreement (Ireland) used in Ireland include: Data Protection — the Data Protection Act 2018 and GDPR Article 6 require a lawful basis for processing personal data; Governing Law — specify Irish law and the jurisdiction of Irish courts; Dispute Resolution — parties may refer disputes to the Workplace Relations Commission (WRC) for employment matters or initiate proceedings in the Circuit Court or High Court of Ireland for civil claims. Under the Companies Act 2014, the Companies Registration Office (CRO) maintains the register of Irish companies. Section 343 of the Companies Act 2014 sets annual confirmation obligations. The Competition and Consumer Protection Commission (CCPC) enforces the Consumer Rights Act 2022. The Central Bank of Ireland regulates financial services under the Central Bank Act 1971. The High Court of Ireland has jurisdiction under Section 212 of the Companies Act 2014. Revenue Commissioners require appropriate tax treatment of payments made under the agreement, including VAT under the Value-Added Tax Consolidation Act 2010 where applicable.

Sources & Citations

Statutory citations link to official government sources.

  1. GDPR Article 6EU – GDPR

Cite this page

Reference this free template in an article, syllabus, or research note:

APA

Forms Legal. (2026). Renewable Energy Agreement (Ireland) (Ireland) [Legal document template]. Forms Legal. https://forms-legal.com/ireland/business/services/renewable-energy-agreement-ireland

MLA

"Renewable Energy Agreement (Ireland) (Ireland)." Forms Legal, 2026, https://forms-legal.com/ireland/business/services/renewable-energy-agreement-ireland.

BibTeX
@misc{formslegal-renewable-energy-agreement-ireland,
  author       = {{Forms Legal}},
  title        = {Renewable Energy Agreement (Ireland) (Ireland)},
  year         = {2026},
  howpublished = {\url{https://forms-legal.com/ireland/business/services/renewable-energy-agreement-ireland}},
  note         = {Free legal document template. Based on Companies Act 2014}
}

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Frequently Asked Questions

Based on Companies Act 2014 — Template last modified June 2026Verify the source →

This template is provided for informational purposes only and does not constitute legal advice. Laws vary by jurisdiction and change over time. Consult a qualified attorney for advice specific to your situation.Full disclaimer

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