Common use of Cut Off Times for Notifications to Electric Settlements Clause in Contracts

Cut Off Times for Notifications to Electric Settlements. Versus Having to Contact Short-Term Electric Supply Directly (a) the Day-Ahead Trading Desk with updated Day-Ahead information at least 5 hours prior to the CAISO Day-Ahead scheduling deadline for that delivery day; (b) the Hour Ahead Trading Desk with any Hour Ahead changes or modifications at least 30 minutes prior to the CAISO scheduling deadline for that delivery hour: and (c) the Outage Coordinator with any outage information that was not submitted to PG&E’s Electric Settlements Department at least 38 hours prior to the delivery day. 1. Seller and Buyer agree that throughout the Delivery Term the Parties shall take all commercially reasonable actions and execute any and all documents or instruments reasonably necessary to enable Buyer to use the RA Capacity to satisfy Buyer's Resource Adequacy Requirements. Such commercially reasonable actions may include, but are not limited to, the following: A. Cooperating with and encouraging the regional entity, including the CAISO, if applicable, responsible for Resource Adequacy administration to certify or qualify the Contract Capacity for Resource Adequacy Requirements purposes. This includes following requirements the CPUC has established and may establish in the future, including calculation of RA Capacity over all hours required for Resource Adequacy Requirement eligibility, and delivery of the RA Capacity to the CAISO Interconnection Point; and B. Negotiating in good faith to make necessary amendments, if any, to this Agreement to conform this Agreement to subsequent clarifications, revisions or decisions of the CPUC or any other entity, including the CAISO, with respect to Resource Adequacy. 2. Seller shall comply with the Resource Adequacy reporting requirements set forth in Section 40 of the CAISO Tariff, including but not limited to the following: A. Taking all actions to register the Project with the CAISO to ensure that the Project’s Capacity Attributes and/or Contract Capacity is able to be recognized and counted as RA Capacity. B. Coordinating with Buyer with regard to the submission of the Monthly Resource Adequacy Plan, as defined in the CAISO Tariff, to the CAISO. C. Complying with the dispatch requirements applicable to the Project’s resource type, as set forth in Section 40 of the CAISO Tariff; and D. Complying with the applicable reporting requirements.