Renewable Power Purchase Agreements: Legal Framework, Areas Of Application And Recent Developments In Türkiye

1. Introduction

Ensuring energy supply security, combating climate change, and achieving sustainable development objectives have become among the principal drivers accelerating the transformation of energy market in recent years. In this transition process, increasing the share of renewable energy resources in electricity generation has evolved not merely into a technical or economic preference, but into a legal and institutional necessity. In this context, renewable power purchase agreements ("RPPA") have gained increasing significance as market-based instruments for both electricity producers and consumers.

2. Legal Character and Practical Advantages

In general terms, RPPAs are long-term agreements governing the purchase of electricity generated from renewable energy sources under pre-determined commercial conditions. Given the high upfront investment costs characteristic of renewable energy projects, the need for predictable long-term revenue streams has transformed such