Common use of System Planning Clause in Contracts

System Planning. Develop, adopt, and utilize a Railbelt electric system-wide generation and transmission planning process utilizing the Railbelt reliability planning standards adopted by the RRC that: i. Addresses the system reliability issues that pose an unacceptable risk to the integrity of the Railbelt transmission system; ii. Allows individual utilities the flexibility to develop and implement local planning criteria subject to RCA-approved reliability standards, and consideration of Technical Advisory Committee (TAC) recommendations and the RRC approved IRP; iii. Maximizes the capability of delivery of the most economic existing resources to load; iv. Allows for voluntary Security-Constrained Economic Dispatch of new generation resources; v. Creates a Railbelt Integrated Resource Planning (IRP) process that identifies new generation and transmission projects, subject to reliability standards, economics, state statutes and other criteria that the RRC establishes; and vi. Develops and maintains the system planning and simulation model for use by all Railbelt Utilities. The RRC may require construction of system assets but shall not mandate, deny, or approve the construction of any generation or transmission facility by any specific utility.