Virtual power purchase agreement

IFRS 9 - power purchase agreements - virtual agreements.

A virtual power purchase agreement is an agreement that contains an embedded swap that net settles the difference between a fixed-price cash flow and a floating-price cash flow related to an amount of nature-dependent electricity generated.

See also

• Contracts referencing nature-dependent electricity
• Fair Value Adjustment
• Financial instrument
• Hedge accounting
• IAS 32
• IAS 39
• IFRS 9
• IFRS 15
• International Accounting Standards Board (IASB)
• Net settlement
• Own use
• Power purchase agreement (PPA)
• Swap
• Virtual