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12th Nov 2021
Power and seawater desalination plants require substantial investment, state-of-the- art technology and superior technical know-how in operation and maintenance. The concept of independent producers in form of public-private-partnerships has proven to be a win-win-solution for private investors and the governments of the MENAT region, because it effectively improved the supply of electricity and water at lowest tariffs while at the same time ensuring high efficiency and availability. The instrument behind this magic is the purchase agreement which not only converts the production into revenue, but also penalizes deviations from contractual guarantees for capacity, efficiency and availability. Given the complexity of the contract procedures and equations, and the amount of data to be processed, the settlement of the purchase agreement must be performed by a comprehensive software system.
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