Examples of Voluntary Allocation in a sentence
Under the Market Offer process, PG&E may add or remove a resource as allowed under Voluntary Allocation and PG&E retains the sole and absolute discretion to modify, enforce, or terminate its power purchase agreements for resources during the Delivery Period, and Buyer shall not have any right to or discretion to request changes to the Resources during the Delivery Period.
Under the Market Offer transaction, PG&E may add or remove a resource as allowed under Voluntary Allocation and PG&E retains the sole and absolute discretion to modify, enforce, or terminate its power purchase agreements for resources during the Delivery Period, and Buyer shall not have any right to or discretion to request changes to the resources during the Delivery Period.
However, retail sellers have now started the process of determining interest in Voluntary Allocation elections in order to include outcomes and proposals in their Draft 2022 RPS Plan filings.
The Commission requires the following: Within 90 days of completing an RPS Voluntary Allocation and/or Market Offer, each IOU shall file and serve in this proceeding a report on the effectiveness of its RPS Voluntary Allocation, Market Offer(s), and/or first RPS RFI, as applicable.
PROPOSED OUTCOME: • Approves all Voluntary Allocation offers made by the IOUs and accepted by the LSEs in this Voluntary Allocation and Market Offer cycle.• 3 Phases Renewables Inc.
Pursuant to Ordering Paragraphs 3 and 4 of D.22-11-021, PG&E’s Long-Term Solicitation offers 100 percent of PCIA-eligible long-term contracts (including PG&E owned resources without fixed expiration dates) remaining after Voluntary Allocation in this Market Offer solicitation.
In D.21-05-030, the Commission considered portfolio optimization proposals and authorized new Voluntary Allocation, Market Offer, and Request of Information processes for Renewables Portfolio standard contracts subject to the PCIA.
SDG&E proposes contract assignments and contract modifications for its RFI Plan beginning January 2022 in advance of the Voluntary Allocation.
Within 30 days of service of an LSE’s request, the IOU should file a Tier 2 advice letter to propose the calculation of the Voluntary Allocation shares.
All retail sellers’ reporting on Voluntary Allocations shall include delivery volumes and periods and should indicate if Voluntary Allocation elections are short- or long-term allocations.After Voluntary Allocation elections are made, IOUs will make allocations declined by retail sellers available through a Market Offer.