THE CASE FOR TRANSPARENCY IN POWER PROJECT CONTRACTS: A PROPOSAL FOR THE CREATION OF GLOBAL DISCLOSURE STANDARDS AND PPA WATCH

Payne Institute Fellow Todd Moss, Mohamed Rali Badissy, and Charles Kenny write about how despite their significant effects on service quality and public finances, Power Purchase Agreements (PPA) are often negotiated and signed in secret, with even the most basic terms shielded from the citizenry. This opacity has created risks and, in a growing number of cases, contributed to costly and damaging outcomes, such as overpayment, overcapacity, large debts, and grid instability.  September 1, 2021.