Common use of RAA Clause in Contracts

RAA. Schedule 8.1C (1) 1. No less than four months before the conduct of the Base Residual Auction for the first Delivery Year for which such election is to be effective, any Party seeking to elect the FRR Alternative shall notify the 1. No less than four months before the conduct of the Base Residual Auction for the first Delivery Year for which such election is to be effective, any Party seeking to elect the FRR Alternative shall notify Base Capacity Resource term has passed sunset date and is no longer Governing Document, Agreement, Attachment, Section, Title Current Language Proposed Revisions Rationale/Notes Office of the Interconnection in writing of such election. Such election shall be for a minimum term of five consecutive Delivery Years. No later than one month before such Base Residual Auction, such Party shall submit its FRR Capacity Plan demonstrating its commitment of Capacity Resources for the term of such election sufficient to meet such Party’s Daily Unforced Capacity Obligation (and all other applicable obligations under this Schedule) for the load identified in such plan. No later than the last business day prior to the start of the relevant Delivery Year in which Capacity Performance requirements shall apply to such FRR Entity, the FRR Entity must also elect whether it seeks to be subject to the Non- Performance Charge for Capacity Performance Resources, Seasonal Capacity Performance Resources, and Base Capacity Resources, as provided in section 10A of Attachment DD of the PJM Tariff, and described in section G.1 of this Schedule 8.1, or to physical non- performance assessments, as described in section G.2 of this Schedule 8.1. the Office of the Interconnection in writing of such election. Such election shall be for a minimum term of five consecutive Delivery Years. No later than one month before such Base Residual Auction, such Party shall submit its FRR Capacity Plan demonstrating its commitment of Capacity Resources for the term of such election sufficient to meet such Party’s Daily Unforced Capacity Obligation (and all other applicable obligations under this Schedule) for the load identified in such plan. No later than the last business day prior to the start of the relevant Delivery Year in which Capacity Performance requirements shall apply to such FRR Entity, the FRR Entity must also elect whether it seeks to be subject to the Non- Performance Charge for Capacity Performance Resources, and Seasonal Capacity Performance Resources, and Base Capacity Resources, as provided in section 10A of Attachment DD of the PJM Tariff, and described in section G.1 of this Schedule 8.1, or to physical non-performance assessments, as described in section G.2 of this Schedule 8.1. relevant under Capacity Performance construct.

RAA. Schedule 8.1C 8.1 C (1) 1. No less than four months before the conduct of the Base Residual Auction for the first Delivery Year for which such election is to be effective, any Party seeking to elect the FRR Alternative shall notify the 1. No less than four months before the conduct of the Base Residual Auction for the first Delivery Year for which such election is to be effective, any Party seeking to elect the FRR Alternative shall notify Base Capacity Resource term has passed sunset date and is no longer Governing Document, Agreement, Attachment, Section, Title Current Language Proposed Revisions Rationale/Notes Office of the Interconnection in writing of such election. Such election shall be for a minimum term of five consecutive Delivery Years. No later than one month before such Base Residual Auction, such Party shall submit its FRR Capacity Plan demonstrating its commitment of Capacity Resources for the term of such election sufficient to meet such Party’s Daily Unforced Capacity Obligation (and all other applicable obligations under this Schedule) for the load identified in such plan. No later than the last business day prior to the start of the relevant Delivery Year in which Capacity Performance requirements shall apply to such FRR Entity, the FRR Entity must also elect whether it seeks to be subject to the Non- Performance Charge for Capacity Performance Resources, Seasonal Capacity Performance Resources, and Base Capacity Resources, as provided in section 10A of Attachment DD of the PJM Tariff, and described in section G.1 1. No less than four months before the conduct of this Schedule 8.1the Base Residual Auction for the first Delivery Year for which such election is to be effective, or any Party seeking to physical non- performance assessments, as described in section G.2 of this Schedule 8.1. elect the FRR Alternative shall notify the Office of the Interconnection in writing of such election. Such election shall be for a minimum term of five consecutive Delivery Years. No later than one month before such Base Residual Auction, such Party shall submit its FRR Capacity Plan demonstrating its commitment of Capacity Resources for the term of such election sufficient to meet such Party’s Daily Unforced Capacity Obligation (and all other applicable obligations under this Schedule) for the load identified in such plan. No later than the last business day prior to the start of the relevant Delivery Year in which Capacity Performance requirements shall apply to such FRR Entity, the FRR Entity must also elect whether it seeks to be subject to the Non- Performance Charge for Capacity Performance Resources, and Seasonal Capacity Performance Resources, and Base Capacity Resources, as provided in section 10A of Attachment DD of the PJM Base Capacity Resource term has passed sunset date and is no longer relevant under Capacity Performance construct. See Row 32; ▇▇▇▇▇▇, Att. DD, Section 5.5A(d). Governing Document, Agreement, Attachment, Section, Title Current Language Proposed Revisions Rationale/Notes described in section G.1 of this Schedule 8.1, or to physical non- performance assessments, as described in section G.2 of this Schedule 8.1. Tariff, and described in section G.1 of this Schedule 8.1, or to physical non-performance assessments, as described in section G.2 of this Schedule 8.1. relevant under Capacity Performance construct.