Resource Adequacy. (a) During the Delivery Term, Seller grants, pledges, assigns and otherwise commits to Buyer all of the Project’s Contract Capacity, including Capacity Attributes from the Project, to enable Buyer to meet its Resource Adequacy or successor program requirements, as the CPUC, CAISO and/or other regional entity may prescribe, including submission of a Supply Plan or Resource Adequacy Plan (“Resource Adequacy Requirements”). From the Execution Date, and for the duration of the Delivery Term, Seller shall take all commercially reasonable actions, including complying with all applicable registration and reporting requirements, and execute any and all documents or instruments necessary to enable Buyer to use all of the capacity of the Project, including Capacity Attributes, to be committed by Seller to Buyer pursuant to this Agreement to meet Buyer’s Resource Adequacy Requirements during the Delivery Term.
Resource Adequacy. During the Delivery Term, Seller grants, pledges, assigns and otherwise commits to Buyer all of the Project’s Contract Capacity, including Capacity Attributes, from the Project to enable Buyer to meet its Resource Adequacy or successor program requirements, as the CPUC, CAISO or other regional entity may prescribe (“Resource Adequacy Requirements”). Seller understands that the CPUC is currently in the process of developing requirements for Resource Adequacy and these requirements and the implementation thereof have not been finalized. Seller agrees that during the Delivery Term Seller shall, at a minimum, comply with the terms set forth in Appendix X to enable Buyer to use all of the capacity, including Capacity Attributes, to be committed by Seller to Buyer pursuant to this Agreement to meet Buyer’s Resource Adequacy Requirements.
Resource Adequacy. The procedures for transmitting load obligation data for the BGS-FP Supplier’s Resource Adequacy Requirements shall be as set forth by the MISO.
Resource Adequacy. (a) During the Delivery Term, Seller grants, pledges, assigns and otherwise commits to Buyer all of the Project’s Contract Capacity, including Capacity Attributes, from the Project to enable Buyer to meet its Resource Adequacy or successor program requirements, as the CPUC, CAISO or other regional entity may prescribe (“Resource Adequacy Requirements”). Seller shall, at a minimum, comply with the terms set forth in Appendix VII in anticipation of and during the Delivery Term to enable Buyer to use all of the capacity, including Capacity Attributes, to be committed by Seller to Buyer pursuant to this Agreement to meet Buyer’s Resource Adequacy Requirements during the Delivery Term.
Resource Adequacy. In accordance with Public Utilities Code section 2841(f), Seller grants, pledges, assigns and otherwise commits to Buyer the generating capacity of the Generating Facility to the extent necessary in order for Buyer to count such generating capacity to meet its resource adequacy obligations. Seller shall comply with any demonstration required under Applicable Law in order for Buyer to exercise its rights under this Section 3.02.
Resource Adequacy. In accordance with Public Utilities Code section 2841(f), Seller grants, pledges, assigns and otherwise commits to Buyer the generating capacity of the Generating Facility in order for Buyer to count such generating capacity to meet its resource adequacy obligations under any Resource Adequacy Ruling. Seller shall take all action, including complying with all current and future CAISO Tariff provisions and decisions of the CPUC or any other Governmental Authority that address Resource Adequacy Rulings, and execute all documents that are reasonable and necessary to effect the use of the generating capacity of the Generating Facility for Buyer’s sole benefit throughout the Term. Seller shall comply CPUC and CAISO requirements to provide Resource Adequacy Benefits; provided, however: (i) if such requirements could interfere with the Operations of Seller, Seller shall be entitled to challenge such requirements with the CPUC or other relevant agency. Absent a ruling or other action granting a stay, Seller’s compliance shall be required pending resolution of the challenge; and (ii) if Seller interconnects the Generating Facility pursuant to a non-FERC-jurisdictional interconnection tariff, Seller shall not be required to provide Resource Adequacy Benefits, and Buyer’s total obligation to obtain Resource Adequacy Benefits pursuant to the Resource Adequacy Rulings with respect to the service area of Buyer will be decreased by the Generating Facility’s generating capacity, provided that, if the outcome of any CPUC proceeding requires Seller to obtain a deliverability study, Seller shall promptly obtain such deliverability study and provide it to Buyer upon the completion of such deliverability study. Following the outcome of the distribution interconnection issues proceeding (R.11-09-011), the resource adequacy (R.09-10- 032) proceedings and any future CAISO stakeholder process addressing deliverability, the CPUC has reserved the right to require appropriate amendments to this Agreement, as necessary to address full capacity deliverability status and whether a deliverability study may or may not be required for all AB1613 resources. The Parties agree to make amendments to this Agreement in accordance with any amendments required by the CPUC pursuant to the foregoing.
Resource Adequacy. (a) During the Delivery Term, Seller grants, pledges, assigns and otherwise commits to Buyer all of the Project’s Contract Capacity, including Capacity Attributes, from the Project to enable Buyer to meet its Resource Adequacy or successor program requirements, as the CPUC, CAISO or other regional entity may prescribe (“Resource Adequacy Requirements”). Seller understands that the CPUC is currently in the process of developing requirements for Resource Adequacy and these requirements and the implementation thereof have not been finalized. Subject to the Compliance Cost Cap (except as provided in Section 3.4(a)(i)), Seller agrees that during the Delivery Term Seller shall, at a minimum, comply with the terms set forth in Appendix VII to enable Buyer to use all of the capacity, including Capacity Attributes, to be committed by Seller to Buyer pursuant to this Agreement to meet Buyer’s Resource Adequacy Requirements. Seller’s compliance with the foregoing shall require compliance with the obligations in Section 3.4(a)(i)(A).
Resource Adequacy. Buyer has exclusive rights to all RA or RA Capacity related products, including, but not limited to, capacity tags, capacity credits, or installed capacity products, associated with the Product and Seller making available to Buyer the Commitment Level (collectively “RA Product”). Seller shall comply with any CPUC or CAISO requirements for assigning RA Product to Buyer. Seller and Buyer agree that throughout the Delivery Term, the Parties shall consider all commercially reasonable actions, and execute any and all documents or instruments, reasonably necessary to enable Buyer to use the RA Product to satisfy Buyer's RAR.
Resource Adequacy. During the Delivery Term, Seller grants, pledges, assigns and otherwise commits to Buyer all of the Project’s Contract Capacity, including Capacity Attributes, from the Project to enable Buyer to meet its Resource Adequacy or successor program requirements, as the CPUC, CAISO or other regional entity may prescribe (“Resource Adequacy Requirements”). Seller understands that the CPUC is currently in the process of developing requirements for Resource Adequacy and these requirements and the implementation thereof have not been finalized. Seller agrees that during the Delivery Term Seller shall, at a minimum, comply with the terms set forth in Appendix X to enable Buyer to use all of the capacity, including Capacity Attributes, to be committed by Seller to Buyer pursuant to this Agreement to meet Buyer’s Resource Adequacy Requirements.] [Short Term Offers: Seller to delete Section if inapplicable] [Section 3.3 Reliability Obligations below applies to Baseload, Peaking or Dispatchable Product only]
Resource Adequacy. During the Delivery Term, Seller grants, pledges, assigns and otherwise commits to Buyer all of the Project's capacity up to the Net Rated Output Capacity (“Contract Capacity”) in order for Buyer to meet its resource adequacy requirements, as prescribed by the CPUC or the ISO (“Resource Adequacy Requirements). Seller recognizes that the Resource Adequacy Requirements have not been finalized by the CPUC and agrees that during the Delivery Term Seller shall comply with such requirements once finalized and adopted by the CPUC to ensure that Buyer may include this Transaction in meeting its Resource Adequacy Requirements. The Parties shall take all actions (including, but not limited to, amending the Agreement) and execute all documents or instruments necessary to enable Buyer to use the Contract Capacity during the Delivery Term to meet Buyer’s Resource Adequacy Requirements as ultimately determined by the CPUC. Seller represents and warrants to Buyer that Seller has not used, granted, pledged, assigned or otherwise committed any portion of the Contract Capacity to satisfy the Resource Adequacy Requirement of any party other than Buyer. Seller shall not use, grant, pledge, assign or otherwise commit any portion of the Contract Capacity to satisfy the Resource Adequacy Requirement of any party other than Buyer.
