With recent policy changes acceleration in the solar energy market, such as the implementation of the Special Act on Promotion of Distributed Energy and the reorganization of grid utilization fees, thorough legal preparation is required for companies to stably implement RE100.
Attorney Sung-woo Kim of Solaris Law Office participated in the 'PV_PPA KOREA Conference' held at EXCO in Daegu on September 25th, providing in-depth insights to industry stakeholders under the theme of 'Practical A to Z Required for PPA Project Promotion and Operation'. In this lecture, Attorney Sung-woo Kim comprehensively guided the legal issues and practical response strategies across the overall process of signing Power Purchase Agreements (PPAs).
In particular, with the introduction of the regional differential System Marginal Price (SMP) system and the reorganization of the electricity market, the contract structure between power suppliers and demanding companies is becoming more complex. Attorney Sung-woo Kim emphasized the importance of preparing specific legal measures to identify in advance and guard against grid connection issues that may arise when signing direct PPAs, criteria for calculating damages due to breach of contract, and regulatory change risks associated with long-term contracts.
Based on our high understanding of the renewable energy market and rich practical experience, Solaris Law Office will continue to provide professional legal advice so that companies can establish optimized RE100 implementation and PPA business strategies without legal risks even in a rapidly changing policy environment.