Examples of Flexible RA Attributes in a sentence
Provider’s commitment hereunder reduces CPE’s overall local procurement obligation thereby reducing the total procurement costs that the CPE incurs on behalf of all LSEs within PG&E’s distribution service area, including the Provider, and allows Provider to retain the System RA Attributes, Flexible RA Attributes and Other Capacity Attributes of the Showing Quantity.
During the Delivery Period, Seller shall provide to Buyer, pursuant to the terms of this Confirmation, the Designated RA Capacity of RA Attributes, LRA Attributes, and if applicable, Flexible RA Attributes from each Unit, as further marked and specified in Section 3.1, Section 3.2 and Section 3.3 below (the “Product”), measured in MWs. The Product does not confer to Buyer any right to the electrical output from the Unit.
Seller retains the right to sell any RA Capacity from the Unit in excess of the Unit’s Contract Quantity and any RA Attributes, LAR Attributes or Flexible RA Attributes not otherwise transferred, conveyed, or sold to Buyer under this Confirmation.
Provider’s commitment hereunder reduces CPE’s overall local procurement obligation thereby reducing the total procurement costs that the CPE incurs on behalf of all LSEs within PG&E’s distribution service area, including the Provider, and allows Provider to retain the value of the System RA Attributes, Flexible RA Attributes and Other Capacity Attributes of the Showing Quantity; the CPE retains only the Local RA Attributes of the Showing Quantity.
In such an event, the portion of the Flexible RA Quantity representing Flexible RA Attributes for such Unit shall be reduced by the product of (i) the difference in the Unit EFC as specified in Appendix A and the then current Unit EFC and (ii) the applicable Prorated Percentage of Unit Flexible Factor for such Unit.
The sum of the amount of (i) RA Attributes, (ii) Flexible RA Attributes , and (iii) Other Capacity Attributes from the Project that Seller submits in its Supply Plan in the applicable Showing Month, shall be deemed to be the amount of Product that Seller has delivered for such Showing Month (“Delivered Quantity”).
Provider’s commitment hereunder reduces CPE’s overall local procurement obligation thereby reducing the total procurement costs that the CPE incurs on behalf of all LSEs within PG&E’s distribution service area, including the Provider, and allows Provider to retain the value of the System RA Attributes, Flexible RA Attributes and Other Capacity Attributes of the Showing Quantity; the CPE retains only the Local RA Attributes of the Showing Quantity..
If Seller is unable to deliver Product at the Contract Quantities for any reason, Buyer shall pay Seller for the ratio of (x) the Delivered Quantity to (y) the sum of the Contract Quantities for RA Attributes, Flexible RA Attributes, and Other Capacity Attributes, all as multiplied by (z) the Payment Quantity (“Confirmed Quantity”) as shown in the equation below; and the Energy Settlement will be reduced to reflect the Confirmed Quantity.
Product must include Flexible RA Attributes that satisfy the base ramping resource criteria set forth in Section 40.10.3.2(a) of the CAISO Tariff (or any successor criteria adopted by the CAISO) (“Flexible Capacity Category 1”), subject to Section 3.5. Product does not confer to Buyer any right to dispatch the Project or receive CAISO Energy or Ancillary Services revenues from the Project.
The sum of the amount of (i) RA Attributes, (ii) Flexible RA Attributes, and (iii) Other Capacity Attributes from the Project that Seller submits in its Supply Plan in the applicable Showing Month shall be deemed to be the amount of Product that Seller has delivered for such Showing Month (“Delivered Quantity”).