Draft the certificate terms in a renewable electricity or low-emissions product offtake

Key facts

Human involvement
YellowClose supervision
How AI is used
From the term sheet and the parties' registry details, draft the clauses dealing with which guarantee of origin certificates are created and transferred, when and into which account, what happens if certificates are not created or are cancelled, and the price and change-in-law treatment, from the client's precedents.
What the lawyer must review
Decide which certificates the buyer is entitled to and how the risk of non-creation or scheme change is allocated, check the clauses against the current scheme rules for electricity or the product concerned, and settle the drafting.
Written for / version
US

Open a jurisdiction version of this task to see which instruments apply: US

Who does what

Who does what
RoleWhat they do
AssistanceFrom the term sheet and the parties' registry details, draft the clauses dealing with which guarantee of origin certificates are created and transferred, when and into which account, what happens if certificates are not created or are cancelled, and the price and change-in-law treatment, from the client's precedents.
LawyerSet the scope, supervise the work closely, verify every part relied on, resolve omissions and exceptions, and approve the exact output.

Checklist

  1. Confirm the instructions, the jurisdiction and the complete relevant material before starting.
  2. Check which part of the scheme applies, the Renewable Electricity Guarantee of Origin or the Product Guarantee of Origin.
  3. Confirm the account and transfer mechanics against the regulator's current scheme materials.
  4. Check the change-in-law clause covers amendment of the scheme.
  5. Check the output against the source documents named in it before it is relied on.

Sources

These are suggested working checks. Confirm the required checking with the responsible lawyer before work starts; the checking approach does not establish permission to use AI.

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