What is an energy supply contract?

Ok, here is the text with a much more human touch, less perfect, and much more direct:

An energy supply contract, basically, is that role that signs an energy company and another part (it can be a company, a public institution or a person) to ensure that energy will arrive and not stay in the dark. There is talk of how much energy they send you, how much will cost you, when they give it to you and, well, all that legal roll that nobody reads until there are problems.

These contracts are the daily bread in public tenders. That is, when the government takes the purchase of energy to competition, that is where all suppliers jump to offer light, gas, solar, wind, and anything that sounds like energy and comes with an invoice.

If you are going to look for info about this (or want them to find you on Google), you have to throw keywords such as "Energy Supply Tenders", "Energy Supply Contracts", or "Energy suppliers for public tenders." Those phrases are looking for a lot who want to catch contracts with the government. And if you put "Solar Energy Project" or "Natural Gas Supply Contract", then even better.

Now, be careful, these contracts are not anything. We must comply with laws such as the hiring of the State, that of electrical energy, that of renewables, and surely some more than you did not even know that it existed. All this so that no one cheats and the contract is legal, that the messes come later.

For the companies that get into these tenders, you have to read the small print, understand what you sign, and be clear that if you do not comply, you fall a sanction that does not take it away from you or the Merlin magician. So, better make sure you can with the contract before pulling the pool.

And do not forget the price of energy, which goes up and down more than the bitcoin. Many contracts bring clauses to adjust prices if the market goes crazy. Therefore, companies have to have a plan B (and C and D, if necessary) so as not to eat the cost overruns.

Anyway, an energy supply contract is the backbone of any public energy tender. If you want to enter that game, you have to know what it is about, comply with what firms and be ready for market fluctuations. If not, better or mess, because there is no room for improvised.