Biomass Conversion Analysis Sample Clauses

Biomass Conversion Analysis. Upon AES’ written request, HECO agrees to conduct analysis as set forth in this Exhibit 3. The Parties agree that: a. AES shall provide to HECO in writing the necessary data points that will serve as the basis of the Biomass Conversion Analysis. At a minimum, the following shall be provided: 1. All Pricing components as contemplated by AES (capacity, energy, O&M); 2. Performance characteristics (e.g. ramp rates); and 3. Start and end date for PPA term. b. HECO shall perform the following analysis utilizing the approved PSIP (D&O 34696 dated July 14, 2017) as a base case: 1. “In/Out” analysis compared to the base case utilizing Plexos software; 2. Customer impact results assuming contemplated term; and 3. Benefit/Cost ratio. c. There shall be at least two telephonic conference calls between the Parties, with the first call occurring no later than 15 days after receipt of the initial results and the second call occurring no later than 15 days after revised Results based on clause (d) below; and d. Within 15 days after the initial results and first telephonic conference call, AES shall prepare a revised configuration and/or data points that will serve as a basis for a sensitivity analysis that will be utilized in the final Biomass Conversion Analysis, which shall take into account and incorporate any sensitivities requested by AES based on the initial results.