Proposed Effective Date of SSR Agreement Sample Clauses

Proposed Effective Date of SSR Agreement. As discussed in the contemporaneously filed transmittal letter for Schedule 43I, MISO requests a January 1, 2015 effective date for the SSR Agreement as well as for Schedule 43I. WPEP’s Attachment Y Notice to MISO, April 29, 2014,19 requested to Retire White Pine 2 on January 1, 2015. MISO completed its reliability analysis and deemed that White Pine 2 was required for reliability, and notified WPEP that the facilities qualified to become a SSR Unit. As required by the Tariff, MISO and WPEP entered into good faith negotiations over the proper compensation to include in the SSR Agreement. Through the present date, WPEP has maintained the availability of the SSR Unit to maintain system reliability, pursuant to MISO’s request, and WPEP will incur costs during the term of the SSR Agreement. The SSR Agreement and the associated Schedule 43I are being submitted as soon as possible following the complexities involved in working through the notification, evaluation, decision-making, and negotiation process, including those related to assessing the feasibility of possible alternatives to the designation of White Pine 2 as a SSR Unit. MISO respectfully requests that the January 1, 2015 effective date be granted either through waiver of the prior notice rule or by treating the SSR Agreement as a filed service agreement. Good cause exists to grant the waiver of the prior notice rule. The delay in filing the SSR Agreement was a consequence, in part, of the fact that the evaluation of alternatives as well as the negotiation of the SSR Agreement terms and compensation could not be completed by earlier than the requested effective date, but the Tariff requires the SSR Unit to remain available. Notwithstanding this delay, WPEP will maintain its White Pine 2 to ensure that it is available to maintain reliability. 19 See the attached exhibit. Xxx. Xxxxxxxx X. Bose December 30, 2014 The waiver is also required to permit MISO to comply with its Tariff and Commission precedent on the SSR program. Section 38.2.7 of the Tariff provides that SSR Units are due “equitable compensation” in exchange for maintaining availability past its required shut-down date, in this case, January 1, 2015. Moreover, in approving the SSR program, the Commission explained that the SSR Units should be “fully compensated” and that “nothing in the SSR program would require a generator to absorb any uncompensated going-forward costs.”20 If the January 1, 2015 effective date is not granted for the SSR Agre...
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Proposed Effective Date of SSR Agreement. As discussed in the contemporaneously filed transmittal letter for Schedule 43H, MISO requests an April 16, 2015 effective date for the Restated SSR Agreement as well as for Schedule 43H. WPEP’s Attachment Y Notice to MISO, October 15, 2013, requested to Retire White Pine 1 on April 16, 2014. White Pine 1 was subject to the Original SSR Agreement, and was notified under that that SSR Agreement that MISO deemed that White Pine 1 necessary required for reliability, subject to stakeholder discussions regarding feasible alternatives. 16 SSR Order at PP 134-135. 17 Id. at P 106. 18 Tariff Section 38.2.7 (“Annual Review of SSR Unit Status”).
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Related to Proposed Effective Date of SSR Agreement

  • Effective Date of Agreement The provisions of the agreement will come into full force and effect on the date of ratification, unless specified otherwise.

  • EFFECTIVE DATE OF CONTRACT This contract shall not become effective until and unless approved by the City of Nashua.

  • Effective Date of the Agreement The date indicated in the Agreement on which it becomes effective, but if no such date is indicated, it means the date on which the Agreement is signed and delivered by the last of the two parties to sign and deliver.

  • Effective Date of the Contract The date indicated on the Contract or as otherwise specified therein.

  • EFFECTIVE DATE OF SETTLEMENT 38. The Effective Date of this Settlement shall be the first business day on which all of the following shall have occurred or been waived:

  • Execution of Agreement and Effective Date The Agreement shall become effective (i.e., final and binding) upon the date of signing of this Agreement and the CAP by the last signatory (Effective Date).

  • WAIVER AND EFFECTIVE DATE PJM requests that the Commission grant any and all waivers of the Commission’s rules and regulations necessary for acceptance of this filing and the enclosed Amended Service Agreements. Additionally, PJM requests a waiver of the Commission’s 60-day prior notice requirement to (i) allow the effective date of the Amended ISA to remain January 28, 2019; and

  • Contract Effective Date This agreement becomes effective when signed by the last party whose signing makes the agreement fully executed.

  • Amendment Effective Date This Amendment shall become effective as of the first date (the “Amendment Effective Date”) on which each of the following conditions shall have been satisfied:

  • Effective Date; Termination Section 6.01. The following events are specified as additional conditions to the effectiveness of the Development Credit Agreement within the meaning of Section 12.01 (b) of the General Conditions:

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