Common use of Compliance With Interim Emissions Performance Standard Clause in Contracts

Compliance With Interim Emissions Performance Standard. A greenhouse gas Emissions Performance Standard (“EPS”) was established by Senate Bill 1368 (“SB 1368”), which requires that the Commission consider emissions costs associated with new long-term (five years or greater) power contracts procured on behalf of California ratepayers. To implement SB 1368, in D.00-00-000, the Commission adopted an EPS that applies to contracts for a term of five or more years for baseload generation with an annualized plant capacity factor of at least 60 percent. The PPA is not a covered procurement subject to the EPS because the generating facility has a forecast annualized capacity factor of less than 60 percent and therefore is not baseload generation under paragraphs 1(a)(ii) and 3(2)(a) of the Adopted Interim EPS Rules. Notification of compliance with D.00-00-000 is provided through this Advice Letter, which has been served on the service list in the RPS rulemaking, R.00-00-000.

Appears in 5 contracts

Samples: Purchase Agreement, A Purchase Power Agreement, www.pge.com

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Compliance With Interim Emissions Performance Standard. A greenhouse gas Emissions Performance Standard (“EPS”) was established by Senate Bill 1368 (“SB 1368”), which requires that the Commission consider emissions costs associated with new long-term (five years or greater) power contracts procured on behalf of California ratepayers. To implement SB 1368, in In D.00-00-000, the Commission adopted an EPS that applies to contracts for a term of five or more years for baseload generation with an annualized plant capacity factor of at least 60 percent. The PPA is not a covered procurement subject to the EPS because the generating facility has a forecast annualized capacity factor of less than 60 percent and therefore is not baseload generation under paragraphs 1(a)(ii) and 3(2)(a) of the Adopted Interim EPS Rules. Notification of compliance with D.00-00-000 is provided through this Advice Letter, which has been served on the service list in the RPS rulemaking, R.00-00-000.

Appears in 1 contract

Samples: www.pge.com

Compliance With Interim Emissions Performance Standard. A greenhouse gas Emissions Performance Standard (“EPS”) was established by Senate Bill 1368 (“SB 1368”), which requires that the Commission consider emissions costs associated with new long-long- term (five years or greater) power contracts procured on behalf of California ratepayers. To implement SB 1368, in In D.00-00-000, the Commission adopted an EPS that applies to contracts for a term of five or more years for baseload generation with an annualized plant capacity factor of at least 60 percent. The PPA is not a covered procurement subject to the EPS because the generating facility has a forecast annualized capacity factor of less than 60 percent and therefore is not baseload generation under paragraphs 1(a)(ii) and 3(2)(a) of the Adopted Interim EPS Rules. Notification of compliance with D.00-00-000 is provided through this Advice Letter, which has been served on the service list in the RPS rulemaking, R.00-00-000.

Appears in 1 contract

Samples: www.pge.com

Compliance With Interim Emissions Performance Standard. A greenhouse gas Emissions Performance Standard (“EPS”) was established by Senate Bill 1368 (“SB 1368”), which requires that the Commission consider emissions costs associated with new long-term (five years or greater) power contracts procured on behalf of California ratepayers. To implement SB 1368, in In D.00-00-000, the Commission adopted an EPS that applies to contracts for a term of five or more years for baseload generation with an annualized plant capacity factor of at least 60 percent. The PPA is not a covered procurement subject to the EPS because the generating 6 See Resolution E-4199 at p. 36 (“Contracts executed after 18 months from the close of the bid’s solicitation should be compared against the most recently approved MPR and the TODs associated with that solicitation year.”). facility has a forecast annualized capacity factor of less than 60 percent 60% and therefore is not baseload generation under paragraphs 1(a)(ii) and 3(2)(a) of the Adopted Interim EPS Rules. Notification of compliance with D.00-00-000 is provided through this Advice Letter, which has been served on the service list in the RPS rulemaking, R.00-00-000.

Appears in 1 contract

Samples: www.pge.com

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Compliance With Interim Emissions Performance Standard. (“EPS”) A greenhouse gas Emissions Performance Standard (“EPS”) was established by Senate Bill 1368 (“SB 1368”), which requires that the Commission consider emissions costs associated with new long-long- term (five years or greater) power contracts procured on behalf of California ratepayers. To implement SB 1368, in D.00-00-000, the Commission adopted an EPS that applies to contracts for a term of five or more years for baseload generation with an annualized plant capacity factor of at least 60 percent. The PPA is not a covered procurement subject to the EPS because the generating facility has a forecast annualized capacity factor of less than 60 percent and therefore is not baseload generation under paragraphs 1(a)(ii) and 3(2)(a) of the Adopted Interim EPS Rules. Notification of compliance with D.00-00-000 is provided through this Advice Letter, which has been served on the service list in the RPS rulemaking, R.00Rulemaking (“R.”) 00-00-000.

Appears in 1 contract

Samples: www.pge.com

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