The Queen of PPAs: Natasha Luther-Jones on how Deal Making in Renewables & BESS is Evolving

Welcome back to The Pexapark Podcast! In the first part of the episode, we review key developments shaping renewable energy dealmaking. Across Europe, regulation is evolving to stabilize short-term markets and accelerate grid connections — from Germany refining its Energy Acts to allow grid charging for co-located assets, to Italy’s DL Energia decree and Energy Release 2.0 program supporting grid access and industrial demand. Spain is expediting storage permitting and introducing data center regulation to boost renewable electricity use. In the U.S., the “one big, beautiful bill” continues to define renewable policy, with tax credit eligibility requiring construction to begin by July 2026. ERCOT has expanded its voluntary demand response program, adding operational complexity for large industrial loads. In the second part, Luca Pedretti speaks with Natasha Luther-Jones, Partner and Global Co-Chair, Energy and Natural Resources Sector at DLA Piper, about how PPA structures and legal frameworks are adapting to a more complex market shaped by hyperscaler demand, storage growth, and evolving risk allocation. Enjoy a discussion on themes including:The evolution and partial standardization of corporate PPAsHow hyperscalers are reshaping deal structuresMulti-buyer, intermediary, and co-located PPA modelsLegal focal points: credit support, negative pricing, curtailmentStandardization trends in BESS tolling and optimization contractsLessons from Spain’s blackout and related contractual risk discussionsKey contrasts between U.S. and European offtake marketsSubscribe to Pexapark’s bi-weekly newsletter on LinkedInUnlock More PPA Market InsightsRegister for your free Pexapark account to stay updated on the latest energy transition trends. Learn more >