Common use of CHP RFOs Clause in Contracts

CHP RFOs. 5.1.4.1 Each IOU shall conduct three RFOs during the Initial Program Period to seek PPAs for the portion of the MW Targets set forth in Section 5.1.2., not otherwise procured by other procurement processes described in Section 4 (Net MW Target(s)).‌ 5.1.4.2 The CHP RFOs during the Initial Program Period shall be scheduled at regular intervals, provided the first CHP RFO is initiated within ninety (90) days of the Settlement Effective Date. 5.1.4.3 The amount of CHP sought in each CHP RFO during the Initial Program Period shall not be less than the Net MW Target for each IOU. An IOU may procure MWs in excess of the MW Targets in Section 5.1.2 above relying upon an RFO or any other CHP Procurement Processes listed in Section 4. 5.1.4.4 If an IOU does not meet its MW Targets identified in Section 5.1.2 at the end of any particular RFO, the portion of the unmet MW Target shall be rolled over into the subsequent MW Target for procurement. 5.1.4.5 Any MW shortfall that occurs in the Initial Program Period shall be rolled over into the Second Program Period to reach the 3,000 MW Target; however, such shortfall may also be addressed by other actions deemed appropriate by the CPUC. 5.1.4.6 The number of CHP RFOs in the Second Program Period to meet MW Targets, if any, shall be established in the LTPP proceedings. Except for SDG&E there are no established MW Targets in the Second Program Period. There are GHG Emissions Reduction Targets in the Second Program Period as defined in Section 6.‌‌‌ 5.1.4.7 The number of CHP RFOs in the Second Program Period shall be established in the LTPP proceedings. 5.1.4.8 The MWs required in the Second Program Period may be limited or expanded, as determined by the CPUC in the LTPP process, but shall be no less than the MW Targets for the Second Program Period specified in Section 5.1.2 above.