Board of Directors Meeting
Thursday, October 20, 2022
7:00 P.M.
This Meeting will be conducted via teleconference pursuant to the requirements of Assembly Bill No. 361. By using teleconference for this meeting, MCE continues to promote social distancing measures recommended by local officials.
Members of the public who wish to observe the Meeting and/or offer public comment may do so telephonically via the following teleconference call-in number and meeting ID:
For Viewing Access Join Zoom Meeting:
https://us02web.zoom.us/j/82085254745?pwd=dWs0b1NTbWNYbjRJbVZLMVZzZjZrUT09
Dial: (669) 900-9128
Webinar ID: 820 8525 4745
Meeting Passcode: 205749
Agenda Page 1 of 2
1. Roll Call/Quorum
2. Board Announcements (Discussion)
3. Public Open Time (Discussion)
4. Resolution No. 2022-12 Authorizing Continued Remote
Teleconference Meetings for the Board of Directors and Every Committee of the Board of Directors Pursuant to Government Code 54953(e) (Action)
5. Report from Chief Executive Officer (Discussion)
6. Consent Calendar (Discussion/Action)
C.1 Approval of 8.18.22 Board Meeting Minutes
C.2 Approval of 9.29.22 Board Retreat Minutes
C.3 Approved Contracts for Energy Update
Agenda Page 2 of 2
7. Addition of Board Members to Committees (Discussion/Action)
8. Approval of CPUC Integrated Resource Plan (Discussion/Action)
9. Approval of Power Purchase Agreement with Mayacma
Geothermal, LLC (Discussion/Action)
10. Implementation of Electrification Rate Schedule E-ELEC (Discussion/Action)
11. Proposed Amendments to MCE Policy 014: Investment Policy (Discussion/Action)
12. Budget Update and Possible Rate Increase in FY 2022/23 (Discussion)
13. Board Matters & Staff Matters (Discussion)
14. Adjourn
The Board may discuss and/or take action on any or all of the items listed on the agenda irrespective of how the items are described.
DISABLED ACCOMMODATION: If you are a person with a disability which requires an accommodation, or an alternative format, please contact the Clerk of the Board at (925) 378-6732 as soon as possible to ensure arrangements for accommodation.
October 20, 2022
TO: MCE Board of Directors
FROM: Catalina Murphy, Associate General Counsel
RE: Resolution No. 2022-12 Authorizing Continued Remote Teleconference Meetings for the Board of Directors and Every Committee of the Board of Directors Pursuant to Government Code Section 54953(e) (Agenda Item #04)
ATTACHMENT: Proposed Resolution No. 2022-12 Authorizing Continued Remote Teleconference Meetings for the Board of Directors and Every Committee of the Board of Directors Pursuant to Government Code Section 54953(e)
Dear MCE Board of Directors:
Summary:
Assembly Bill (AB) No. 361 (Rivas), signed by Governor Gavin Newsom on September 16, 2021, amends the Brown Act1 to allow a local agency to continue using teleconferencing during a state-proclaimed state of emergency without meeting certain Brown Act teleconference requirements.
On September 29, 2022, the MCE Board of Directors, by Resolution 2022-11, made a finding that the Governor designated a state of emergency and that the state of emergency continued to directly impact the ability of board members to meet safely in person. This finding allowed for meetings to be held via teleconference. This finding should be reconsidered every 30 days, pursuant to AB 361.
To continue holding teleconference meetings for the next 30 days, the MCE Board of Directors must make the following findings by majority vote:
1. The Board of Directors has reconsidered the circumstances of the state of emergency, as designated by the Governor.
1 Gov. Code, §§ 54950 et seq.
2 2. The Board of Directors finds that one or both of the following circumstances still exists:
a. The state of emergency continues to directly impact the ability of members to meet safely in person; or
b. State or local officials continue to impose or recommend measures to promote social distancing.
Staff recommends adopting proposed Resolution No. 2022-12 Authorizing Continued Remote Teleconference Meetings for the Board of Directors and Every Committee of the Board of Directors Pursuant to Government Code Section 54953(e), which makes the required AB 361 findings for continuing remote teleconference meetings for the next 30 days.
Fiscal Impacts: None.
Recommendation:
Adopt proposed Resolution No. 2022-12 Authorizing Continued Remote Teleconference Meetings for the Board of Directors and Every Committee of the Board of Directors Pursuant to Government Code Section 54953(e).
RESOLUTION NO. 2022-12
A RESOLUTION OF THE BOARD OF DIRECTORS OF MARIN CLEAN
ENERGY AUTHORIZING CONTINUED REMOTE TELECONFERENCE
MEETINGS FOR THE BOARD OF DIRECTORS AND EVERY COMMITTEE
OF THE BOARD OF DIRECTORS PURSUANT TO GOVERNMENT CODE
SECTION 54953(e)
WHEREAS, Marin Clean Energy (MCE) is a joint powers authority established on December 19, 2008, and organized under the Joint Exercise of Powers Act (Government Code Section 6500 et seq.); and
WHEREAS, MCE members include the following communities: the County of Marin, the County of Contra Costa, the County of Napa, the County of Solano, the City of American Canyon, the City of Belvedere, the City of Benicia, the City of Calistoga, the City of Concord, the Town of Corte Madera, the Town of Danville, the City of El Cerrito, the Town of Fairfax, the City of Fairfield, the City of Lafayette, the City of Larkspur, the City of Martinez, the City of Mill Valley, the Town of Moraga, the City of Napa, the City of Novato, the City of Oakley, the City of Pinole, the City of Pittsburg, the City of Pleasant Hill, the City of San Ramon, the City of Richmond, the Town of Ross, the Town of San Anselmo, the City of San Pablo, the City of San Rafael, the City of Sausalito, the City of St. Helena, the Town of Tiburon, the City of Vallejo, the City of Walnut Creek, and the Town of Yountville; and
WHEREAS, MCE is subject to various provisions of the California Government Code; and
WHEREAS, Government Code section 54953, as amended by Assembly Bill No. 361, allows legislative bodies to hold open meetings by teleconference without reference to otherwise applicable requirements in Government Code section 54953(b)(3), so long as the legislative body complies with certain requirements set forth in Government Code section 54953(e), finding there exists a declared state of emergency, and one of the following circumstances is met:
1. State or local officials have imposed or recommended measures to promote social distancing.
2. The legislative body is holding the meeting for the purpose of determining, by majority vote, whether as a result of the emergency, meeting in person would present imminent risks to the health or safety of attendees.
3. The legislative body has determined, by majority vote, pursuant to option 2, that, as a result of the emergency, meeting in person would present imminent risks to the health or safety of attendees.
WHEREAS, the Governor of California proclaimed a state of emergency pursuant to Government Code section 8625 on March 4, 2020; and
AI#04_Att.: Prop Reso No. 2022-12 Auth Cont. Remote Teleconference Mtgs Pursuant to Gov. Code 54953(e) WHEREAS, the MCE Board of Directors previously adopted Resolution No. 2022-11 finding that the requisite conditions continue to exist for the MCE Board of Directors, MCE Executive Committee, and MCE Technical Committee to conduct teleconference meetings under California Government Code section 54953(e); and WHEREAS, Government Code section 54953(e)(3) requires the legislative body adopt certain findings every 30 days by majority vote to continue holding open meetings by teleconference without reference to otherwise applicable requirements in Government Code section 54953(b)(3); and
WHEREAS, the MCE Board of Directors desires to continue to hold the MCE Board of Directors, MCE Executive Committee, and MCE Technical Committee public meetings by teleconference consistent with Government Code section 54953(e).
NOW, THEREFORE, BE IT RESOLVED, by the MCE Board of Directors:
A. The Recitals set forth above are true and correct and are incorporated into this Resolution by this reference.
B. The MCE Board of Directors hereby finds and declares the following, as required by Government Code section 54953(e)(3):
1. The Governor of California proclaimed a state of emergency on March 4, 2020, pursuant to Government Code section 8625, which remains in effect.
2. State or local officials have imposed or recommended measures to promote social distancing.
3. The legislative body has determined that, as a result of the emergency, meeting in person would present imminent risks to the health or safety of attendees.
PASSED AND ADOPTED at a regular meeting of the MCE Board of Directors on this 20th day of October 2022, by the following vote:
AYES NOES ABSTAIN ABSENT
County of Marin
Contra Costa County
County of Napa
County of Solano
City of American Canyon
City of Belvedere
City of Benicia
City of Calistoga
AI#04_Att.: Prop Reso No. 2022-12 Auth Cont. Remote Teleconference Mtgs Pursuant to Gov. Code 54953(e) City of Concord
Town of Corte Madera
Town of Danville
City of El Cerrito
Town of Fairfax
City of Fairfield
City of Lafayette
City of Larkspur
City of Martinez
City of Mill Valley
Town of Moraga
City of Napa
City of Novato
City of Oakley
City of Pinole
City of Pittsburg
City of Pleasant Hill
City of Richmond
Town of Ross
City of St. Helena
Town of San Anselmo
City of San Pablo
City of San Rafael
City of San Ramon
City of Sausalito
Town of Tiburon
City of Vallejo
City of Walnut Creek
Town of Yountville
______________________________________
CHAIR, MCE
Attest:
___________________________________________
SECRETARY, MCE
AI#04_Att.: Prop Reso No. 2022-12 Auth Cont. Remote Teleconference Mtgs Pursuant to Gov. Code 54953(e) DRAFT
MCE BOARD MEETING MINUTES
Thursday, August 18, 2022
7:00 P.M.
This Meeting was conducted pursuant to the requirements of Assembly Bill No. 361 (September 16, 2021) which allows a public agency to use teleconferencing during a Governor-proclaimed state of emergency without meeting usual Ralph M. Brown Act teleconference requirements. Committee Members, staff and members of the public were able to participate in the Committee Meeting via teleconference.
Present: Denise Athas, City of Novato
Eli Beckman, Town of Corte Madera
Tom Butt, City of Richmond
Barbara Coler, Town of Fairfax
Gina Dawson, City of Lafayette
David Fong, Town of Danville
Ford Greene, Town of San Anselmo
Maika Llorens Gulati, City of San Rafael
Kevin Haroff, City of Larkspur
C. William Kircher, Town of Ross
Aaron Meadows, City of Oakley
Katy Miessner, City of Vallejo
Teresa Onoda, Town of Moraga
Doris Panduro, City of Fairfield
Max Perrey, City of Mill Valley
Patricia Ponce, City of San Pablo
Gabriel Quinto, City of El Cerrito
Katie Rice, County of Marin
Matt Rinn, City of Pleasant Hill
Christine Strawbridge, City of Benicia
Holli Thier, Town of Tiburon
Brad Wagenknecht, County of Napa and All Five Napa Cities Sally Wilkinson, City of Belvedere
Brianne Zorn, City of Martinez
Absent: Edi Birsan, City of Concord
Cindy Darling, City of Walnut Creek
John Gioia, Contra Costa County
Janelle Kellman, City of Sausalito
Devin Murphy, City of Pinole
Scott Perkins, City of San Ramon
Shanelle Scales-Preston, City of Pittsburg
John Vasquez, County of Solano
AI#06_C.1_Approval of 8.18.22 Board Meeting Minutes
DRAFT
Staff
& Others: Jesica Brooks, Assistant Board Clerk
Michael Callahan, Associate General Counsel
Stephanie Chen, Senior Policy Counsel
Alice Havenar-Daughton, Director of Customer Programs
Darlene Jackson, Board Clerk
Vicken Kasarjian, Chief Operating Officer
David Potovsky, Principal Power Procurement Manager
Enyonam Senyo-Mensah, Office Manager
Daniel Settlemyer, Internal Operations Coordinator
Sabrinna Soldavini, Policy Analyst
Jamie Tuckey, Chief of Staff
Dawn Weisz, Chief Executive Officer
1. Roll Call
Chair Butt called the regular meeting to order at 7:01 p.m. with quorum established by roll call.
2. Board Announcements (Discussion)
Comments were made by Directors: Haroff, Quinto, and Rice.
3. Public Open Time (Discussion)
Chair Butt opened the public comment period and there were no comments.
4. Resolution No. 2022-10 Authorizing Continued Remote Teleconference Meetings for the Board of Directors and Every Committee of the Board of Directors Pursuant to Government Code 54953(e) (Discussion/Action) Chair Butt opened the public comment period and there were no comments.
Action: It was M/S/C (Greene/Thier) to adopt proposed Resolution No. 2022- 10 Authorizing Continued Remote Teleconference Meetings for the Board of Directors and Every Committee of the Board of Directors Pursuant to Government Code 54953(e). Motion carried by unanimous roll call vote. (Absent: Directors, Birsan, Darling, Gioia, Kellman, Meadows, Murphy, Perkins, Scales-Preston, Vasquez, and Wagenknecht).
5. Report from Chief Executive Officer (Discussion)
CEO, Dawn Weisz, reported the following:
AI#06_C.1_Approval of 8.18.22 Board Meeting Minutes
DRAFT
• Welcomed MCE’s two new board members, Max Perrey, from the City of Mill Valley, and Eli Beckman (former MCE Alternate) from the Town of Corte Madera. Directors Perrey and Beckman were sworn in just prior to the board meeting.
• Shared the bittersweet news that Shalini Swaroop, departed MCE in early August. Catalina Murphy and Mike Callahan have taken on General Counsel functions. Shalini will be continuing her education with courses at Stanford's business school, volunteering with non-profits, and campaigning for candidates in the upcoming mid-term elections. • MCE has distributed Portable Batteries to Medically Vulnerable Residents for the summer season. More information is on our website, and if you are aware of customers in need, please let us know.
• MCE will be pausing membership in the Community Choice Power Authority because we have not had a need to participate in joint procurement efforts to-date, and we have been successful in contracting directly on our own. However, this pause is likely to be temporary, and we expect to rejoin in the future subject to market and technology needs. • MCE is beginning to develop some structural elements in the Virtual Power Plant, and we would like to set up an informal working group with a few interested Board members. This working group cannot contain a quorum of the Board or any Board Committee, but otherwise, is open to any Board member. If you are interested, please let me, Darlene or Jesica know.
• MCE is signing a 4-year contract for 110 MW of Resource Adequacy. • Governor Newsom announced a proposal to transition California to clean energy along with other climate change measures. Yesterday, he signed an Executive Order to combat the biodiversity and climate change crises in California using nature-based solutions.
• The MCE Board retreat will be virtual again this year, and is set for Thursday, September 29th 9am-3pm.
6. Consent Calendar (Discussion/Action)
C.1 Approval of 7.21.22 Meeting Minutes
C.2 Approved Contracts For Energy Update
C.3 2021 Power Source Disclosure
Chair Butt opened the public comment period and there were no comments.
Action: It was M/S/C (Greene/Thier) to approve Consent Calendar items C.1 through C.3. Motion carried by unanimous roll call vote. (Absent: Directors, Birsan, Darling, Gioia, Gulati, Kircher, Mongan, Scales-Preston, and Thier).
AI#06_C.1_Approval of 8.18.22 Board Meeting Minutes
DRAFT
7. Proposal to Default New Accounts to Deep Green Service (Discussion/Action) Jamie Tuckey, Chief of Staff, introduced this item and addressed questions from Board members.
Chair Butt opened the public comment period and comments were made by member of the public Howdy Goudey.
Action: It was M/S/C (Thier/Haroff) to:
1. Authorize staff to implement the Proposal, as defined herein, by defaulting New Accounts to Deep Green service as long as the incremental procurement targets can be achieved, and financial parameters are met; and
2. Direct staff to bring flexible procurement options for Deep Green to the Board if needed for evaluation at a future meeting.
Motion carried by roll call vote. (Yea: 19, Nay: 4 Directors, Wilkinson, Fong, Greene and Meadows; Absent: Directors, Birsan, Darling, Gioia, Gulati, Kellman, Murphy, Perkins, Scales-Preston, and Vasquez).
8. Public Affairs Update (Discussion)
Jamie Tucky, Chief of Staff, introduced this item and addressed questions from Board members.
Chair Butt opened the public comment period and there were no comments.
Action: No action required.
9. Programs Update (Discussion)
Alice Havenar-Daughton, Director of Customer Programs, introduced this item and addressed questions from Board members.
Chair Butt opened the public comment period and there were no comments.
Action: No action required.
10. Policy Update (Discussion)
Michael Callahan, Associate General Counsel, Stephanie Chen, Senior Policy Counsel, and Sabrinna Soldavini, Policy Analyst introduced this item and addressed questions from Board members.
Chair Butt opened the public comment period and there were no comments.
AI#06_C.1_Approval of 8.18.22 Board Meeting Minutes
DRAFT
Action: No action required.
11. Board Matters & Staff Matters (Discussion)
There were no comments.
12.Adjournment
Chair Butt adjourned the meeting at 10:00 p.m. to the next scheduled Board Meeting on September 15, 2022.
___________________________________________
Tom Butt, Chair
Attest:
___________________________________________
Dawn Weisz, Secretary
AI#06_C.1_Approval of 8.18.22 Board Meeting Minutes
DRAFT
MCE SPECIAL MEETING MINUTES
Thursday September 29, 2022
9:00 A.M.
This Meeting was conducted pursuant to the requirements of Assembly Bill No. 361 (September 16, 2021) which allows a public agency to use teleconferencing during a Governor-proclaimed state of emergency without meeting usual Ralph M. Brown Act teleconference requirements. Committee Members, staff and members of the public were able to participate in the Committee Meeting via teleconference.
Call to Order: Chair Butt called the Special Meeting to order at 9:01 a.m.
Present: Denise Athas, City of Novato
Eli Beckman, Town of Corte Madera
Edi Birsan, City of Concord
Tom Butt, City of Richmond, Board Chair
Christina Strawbridge, City of Benicia
Barbara Coler, Town of Fairfax
Cindy Darling, City of Walnut Creek
David Fong, Town of Danville
John Gioia, Contra Costa County
Ford Greene, Town of San Anselmo
Maika Llorens Gulati, City of San Rafael
Kevin Haroff, City of Larkspur
Wei-Tai Kwok, Alternate, City of Lafayette
Katy Miessner, City of Vallejo
Devin Murphy, City of Pinole
Teresa Onoda, Town of Moraga
Gabriel Quinto, City of El Cerrito
Katie Rice, County of Marin
Matt Rinn, City of Pleasant Hill
Shanelle Scales-Preston, City of Pittsburg
Holli Thier, Town of Tiburon
Brad Wagenknecht, County of Napa
Brianne Zorn, City of Martinez
Absent: Janelle Kellman, City of Sausalito
C. William Kircher, Town of Ross
Aaron Meadows, City of Oakley
Doriss Panduro, City of Fairfield
Scott Perkins, City of San Ramon
Max Perrey, City of Mill Valley
Patricia Ponce, City of San Pablo
John Vasquez, County of Solano
Sally Wilkinson, City of Belvedere
AI#06_C.2_ Approval of 9.29.22 Board Retreat Minutes
DRAFT
Staff
& Others: Tyla Brown, Community Development Manager
Kirby Dusel, Pacific Energy Advisors Consultant
Darlene Jackson, Lead Board Clerk
Vicken Kasarjian, Chief Operating Officer
Ami Kundaria, Internal Operations Assistant
Joey Lande, Manager of Customer Programs
Nathaniel Malcolm, Senior Policy Counsel
Garth Salisbury, Chief Financial Officer and Treasurer
Lindsay Saxby, Director of Power Resources
Enyonam Senyo-Mensah, Office Manager
Daniel Settlemyer, Internal Operations Coordinator
Jenna Tenney, Senior Communications Manager
Jamie Tuckey, Chief of Staff
Dawn Weisz, Chief Executive Officer
1. Roll Call
Chair Tom Butt called the meeting to order at 9:01 a.m. Quorum was established by roll call.
2. Public Open Time (Discussion)
There were no comments.
3. Assembly Bill No. 361: New Teleconferencing Legislation Resolution No. 2022-11 Authorizing Remote Teleconference Meetings for the Board of Directors and Every Committee of the Board of Directors Pursuant to Government Code Section 54953(e); and Resolution No. 2021-08 Delegating Authority to MCE Executive Committee to Adopt Findings Pursuant to Government Code Section 54953(e) (Discussion/Action)
4. Opening Remarks and State of MCE (Discussion)
CEO Dawn Weisz and Chief of Staff Jamie Tuckey, both provided opening remarks.
• CEO Weisz began by offering a huge thank you and appreciation to the MCE Board of Directors for their many contributions and continued support during the pandemic.
Action: It was M/S/C (Quinto/Gulati) to adopt Proposed Resolution No. 2022-11 Authorizing Remote Teleconference Meetings for the Board of Directors and Every Committee of the Board of Directors Pursuant to Government Code Section 54953(e). Motion carried by unanimous roll call vote. (Absent: Directors Kellman, Kircher, Meadows, Panduro, Perkins, Perrey, Ponce, Vasquez, and Wilkinson) AI#06_C.2_ Approval of 9.29.22 Board Retreat Minutes
DRAFT
• Chief of Staff Jamie Tuckey, reported on Public Affairs, EV Usage, MCE Sync Program, and Portable Battery Giveaway.
• CEO Weisz reported on Policy successes, Media Coverage, and On the Horizon.
• CEO Weisz also welcomed the City of Fairfield as the 37th community to join MCE. MCE began service to customers in Fairfield in April 2022.
Chair Butt opened the public comment period and there were no comments.
5. MCE Power Statistics Update (Discussion)
Kirby Dusel, Pacific Energy Advisors, presented this item and addressed questions from the Board.
Chair Butt opened the public comment period and there were comments from member of the public Carol Weed.
6. Board Discussion on Member Community Needs & Priorities (Discussion) Senior Communications Manager Jenna Tenney and Community Development Manager Tyla Brown, both facilitated this discussion.
Chair Butt opened the public comment period and there were comments from member of the public Howdy Goudey.
7. Report on MCE FY2021/22 Financial Audit (Discussion) Director Kevin Haroff, presented this item and addressed questions from Board members.
Chair Butt opened the public comment period and there were no comments.
8. State of the Market (Discussion)
COO Vicken Kasarjian, introduced this item and the individual presenters. a. The New Normal in Contracting – Lindsay Saxby, Director of Power Resources
b. Challenges in the Resource Adequacy Market – Brian Goldstein, Pacific Energy Advisors, and MCE Senior Policy Counsel, Nathanial Malcolm c. Fiscal Year Effects – CFO and Treasurer Garth Salisbury Chair Butt opened the public comment period and there were no comments.
9. MCE Load-Shifting Programs: Past, Present and Future (Discussion) AI#06_C.2_ Approval of 9.29.22 Board Retreat Minutes
DRAFT
Manager of Customer Programs, Joey Lande and Chief of Staff Jamie Tuckey, presented this item and addressed questions from Board members.
Chair Butt opened the public comment period and there were no comments.
10. Board and Staff Matters (Discussion)
There were none.
11.Adjournment
The Board Chair adjourned the Special Meeting at 2:20 p.m. to the next regularly scheduled Board Meeting on October 20, 2022.
___________________________________________
Tom Butt, Chair
Attest:
___________________________________________
Dawn Weisz, Secretary
AI#06_C.2_ Approval of 9.29.22 Board Retreat Minutes
October 20, 2022
TO: MCE Board of Directors
FROM: Bill Pascoe, Senior Power Procurement Manager
RE: Approved Contracts for Energy Update (Agenda Item #06 C.3) Dear Board Members:
SUMMARY: This report summarizes contracts for energy procurement entered into by the Chief Executive Officer and if applicable, the Chair of the Technical Committee since the last regular Board meeting in August. This summary is provided to your Board for information purposes only, and no action is needed.
Review of Procurement Authorities
In March 2018, your Board adopted Resolution 2018-03 which included the following provisions:
The CEO and Technical Committee Chair, jointly, are hereby authorized, after consultation with the appropriate Committee of the Board of Directors, to approve and execute contracts for Energy Procurement for terms of less than or equal to five years. The CEO shall timely report to the Board of Directors all such executed contracts.
The CEO is authorized to approve and execute contracts for Energy Procurement for terms of less than or equal to 12 months, which the CEO shall timely report to the Board of Directors.
The Chief Executive Officer is required to report all such contracts and agreements to the MCE Board of Directors on a regular basis.
Item
Number
Month of
Execution Purpose Average Annual Contract Amount
Contract
Term
1 August, 2022 Purchase of Resource
Adequacy
$2,726,400 1-5 Years
2 August, 2022 Purchase of Resource
Adequacy
$3,236,168 1-5 Years
3 August, 2022 Sale of Resource Adequacy $3,131,775 1-5 Years 4 August, 2022 Purchase of Resource
Adequacy
$8,250,000 1-5 Years
5 August, 2022 Purchase of Resource
Adequacy
$3,000,000 Under 1 Year
6 August, 2022 Sale of Resource Adequacy $14,700 Under 1 Year 7 August, 2022 Purchase of Resource
Adequacy
$1,512,000 Over 5 Years
8 September, 2022 Purchase of Resource
Adequacy
$11,820,424 1-5 Years
9 September, 2022 Purchase of Resource
Adequacy
$5,627,300 Under 1 Year
10 September, 2022 Sale of Resource Adequacy $5,696,000 Under 1 Year 11 September, 2022 Sale of Resource Adequacy $1,474,286 1-5 Years 12 September, 2022 Sale of Resource Adequacy $22,000 Under 1 Year 13 September, 2022 Amendment of Agreement to
Purchase Additional
Resource Adequacy
$938,182 1-5 Years
14 September, 2022 Purchase of Resource
Adequacy
$130,000 Under 1 Year
Contract Approval Process: Energy procurement is governed by MCE’s Energy Risk Management Policy as well as Board Resolutions 2018-03, 2018-04, and 2018-08. The Energy Risk Management Policy (Policy) has been developed to help ensure that MCE achieves its mission and adheres to its procurement policies established by the MCE Board of Directors (Board), power supply and related contract commitments, good utility practice, and all applicable laws and regulations. The Board Resolutions direct the CEO to sign energy contracts up to and including 12 months in length.
The evaluation of every new energy contract is based upon how to best fill MCE’s open position. Factors such as volume, notional value, type of product, price, term, collateral threshold and posting, and payment are all considered before execution of the agreement.
After evaluation and prior to finalizing any energy contract for execution, an approval matrix is implemented whereby the draft contract is routed to key support staff and consultants for review, input, and approval. Typically, contracts are routed for commercial, technical, legal and financial approval, and are then typically routed through the Chief Operating Officer for approval prior to execution. The table below is an example of MCE staff and consultants who may be assigned to review and consider approval prior to the execution of a new energy contract or agreement.
Review Owner Review Category
Lindsay Saxby (MCE Director of
Power Resources)
Procurement / Commercial
John Dalessi (Pacific Energy
Advisors)
Technical Review
Steve Hall (Hall Energy Law) Legal
Nathaniel Malcolm Legal / CPUC Compliance
Garth Salisbury (Chief Financial
Officer & Treasurer)
Credit/Financial
Vicken Kasarjian (MCE, Chief
Operating Officer)
Executive
Fiscal Impacts: Expenses and revenue associated with these Contracts and Agreements that are expected to occur during FY 2022/23 are within the FY 2022/23 Operating Fund Budget. Expenses and revenue associated with future years will be incorporated into budget planning as appropriate.
Recommendation: Information only. No action required.
MCE Board Offices and Committees
Board Offices:
Tom Butt, Chair
Shanelle Scales-Preston, Vice Chair
Garth Salisbury, Treasurer
Vicken Kasarjian, Deputy Treasurer
Dawn Weisz, Secretary
Executive Committee
1. Kevin Haroff, Chair
2. Denise Athas
3. Edi Birsan
4. Tom Butt
5. Barbara Coler
6. Cindy Darling
7. Ford Greene
8. Devin Murphy
9. Gabriel Quinto
10. Shanelle Scales-Preston
11. Holli Thier
12. Brad Wagenknecht
13. Sally Wilkinson
Ad Hoc Committee for CEO Compensation
Structures – 2022
1. Barbara Coler
2. Cindy Darling
3. Gabe Quinto
4. Shanelle Scales-Preston
5. Brad Wagenknecht
6. Sally Wilkinson
Ad Hoc Contracts Committee – 2022
1. Ford Greene
2. Kevin Haroff
3. Doriss Panduro
4. Holli Thier
5. Sally Wilkinson
Ad Hoc Committee for VPPT -2022
1. Tom Butt -Interested
2. Gina Dawson - Interested
3. Devin Murphy - Interested
4. Katie Rice - Interested
Technical Committee
1. Ford Greene, Chair
2. Gina Dawson
3. John Gioia
4. Kevin Haroff
5. Katy Miessner
6. Devin Murphy
7. Teresa Onoda
8. Scott Perkins
9. Katie Rice
Ad Hoc Audit Committee – 2022
1. Cindy Darling
2. Kevin Haroff
3. Katie Rice
AI#07_Addition of Board Members to Committees
October 20, 2022
TO: MCE Board of Directors
FROM: Jonnie Kipyator, Power Resources Manager; Sabrinna Soldavini, Policy Analyst II; Nathaniel Malcolm, Senior Policy Counsel RE: Approval of CPUC Integrated Resource Plan (Agenda Item #08) ATTACHMENT: MCE 2022 CPUC Compliance Integrated Resource Plan Dear Board Members:
Summary:
In accordance with this Board’s authority granted in Public Utilities Code (“Code”) Sections 366.2(a)(5) and 454.52(b)(3), staff requests approval of MCE’s 2022 California Public Utilities Commission (CPUC or Commission) Compliance Integrated Resource Plan (IRP).
Background:
Code Section 454.52 requires all CPUC jurisdictional load serving entities (LSE), including Community Choice Aggregator (CCA) programs, to file an IRP with the CPUC every two years. The IRP encompasses a long-term planning horizon and details the procurement plan each LSE has adopted for meeting the state’s goals of reducing greenhouse gas (GHG) emissions by 40% from 1990 levels by 2030 and increasing to a resource mix of 60% renewable energy resources by December 31, 2030.
To reinforce a CCA’s procurement autonomy, Section 454.52(b)(3) requires that the IRP of a CCA be submitted to its governing board for approval and requires the IRP meets the following:
(A) Economic, reliability, environmental, security, and other benefits and performance characteristics that are consistent with the goals of achieving 40% reduction in GHG emissions from 1990 levels by 2030 and procure 50% renewable energy resources by December 31, 2030.
(B) A diversified procurement portfolio consisting of both short-term and long-term electricity and electricity-related and demand reduction products. (C) Resource Adequacy requirements.
Since 2014, MCE has prepared an annual IRP to address MCE’s GHG reduction targets and various other agency matters related to resource planning and procurement, including complementary energy programs administered and funded by MCE. This annual IRP is referred to as the “MCE Operational IRP” to distinguish it from the CPUC-required biennial IRP (“Compliance IRP”), described above. In even years, these two IRPs are developed concurrently and reflect consistent long-term procurement planning strategies and goals.
To meet the Compliance IRP’s November 1, 2022 CPUC filing deadline, MCE is submitting this Compliance IRP for approval. MCE will submit the MCE Operational IRP to the Board for approval in November.
Compliance IRP Requirements:
MCE prepared its 2022 Compliance IRP using three CPUC-required templates: (1) Narrative Template,1 (2) Resource Data Template (RDT),
2 and (3) the Clean System
Power (CSP) calculator.
3 As required by the Commission, MCE used its assigned load forecast and other Commission-adopted planning assumptions as it developed its 2022 Compliance IRP.
In this IRP cycle, the Commission directed all LSEs to develop two IRP portfolios: one that is consistent with a statewide GHG emission limit for the electric sector of 38 million metric tons (MMT) of emissions by 2030 and 30 MMT by 2035 (30 MMT portfolio); and a second more aggressive portfolio that meets or goes below the limit of 30 MMT by 2030 and 25 MMT by 2035 (25 MMT portfolio). The Commission allowed LSEs to provide a single portfolio that achieved both targets if the LSE prefers a lower-emissions portfolio. MCE’s portfolio achieved this more aggressive target, and thus MCE’s Compliance IRP includes a single, lower-emissions portfolio referred to as the Preferred Conforming Portfolio (PCP).
As a basis for the IRP, the Commission performed system modeling for the 30 MMT 1 The Narrative Template is attached as part of this Staff Report. It summarizes and synthesizes MCE’s IRP, including MCE’s planned resources, long-term procurement goals, and programmatic offerings. 2 The RDT is a tool developed by the CPUC’s Energy Division Staff that is used to catalogue an LSE’s portfolio of resources and assess the portfolio’s level of reliability over the planning horizon. 3 The CSP calculator is a tool developed by the CPUC’s Energy Division Staff that is used to calculate the emissions associated with an LSE’s portfolio of resources to determine whether a given portfolio achieves the emissions requirements adopted by the CPUC. and 25 MMT electric sector emissions scenarios and identified two “Preferred System Plans”, which represent the Commission’s assumptions for an optimal portfolio that achieves the GHG benchmarks at least cost, while maintaining reliability.
According to the Commission’s modeling, the Preferred System Plans anticipate the majority of new generation capacity over the next ten years to be comprised of solar; short- and long-duration storage; geothermal; and in-state, out-of-state, and off-shore wind resources.
Compliance IRP Goals and Emissions Content:
MCE developed its Compliance IRP consistent with the renewable energy and GHG-free goals in MCE’s Operational IRP, which runs through 2032. These goals are summarized in the following table:
10-Year
Portfolio
Targets (%)
2023 2024 2025 2026 2027 2028 2029 2030 2031 2032
PCC4 1
Renewable
60% 60% 65% 70% 75% 80% 85% 85% 85% 85%
Large Hydro +
ACS5
37% 37% 32% 27% 22% 17% 12% 12% 12% 12%
Total Renewable 60% 60% 65% 70% 75% 80% 85% 85% 85% 85% Total Renewable
+ Large Hydro +
ACS
97% 97% 97% 97% 97% 97% 97% 97% 97% 97%
GHG-Free
Equivalent
95% 95% 95% 95% 95% 95% 95% 95% 95% 95%
As stated, above, MCE is providing one PCP for its Compliance IRP. MCE’s PCP achieves both the 2030 MMT and 25 MMT targets. This portfolio achieves all CPUC-assigned benchmarks, energy requirements, and reliability metrics throughout the planning period.
4 Portfolio Content Category (PCC) 1 represents electricity from renewable facilities with a first point of interconnection within a California Balancing Authority (CBA), or Renewable Energy Credits (REC) from facilities that schedule electricity into a CBA, without substitute energy. 5 Asset Controlling Supplier (ACS) refers to a specific type of power supplier registered with the California Air Resources Board that owns or operates interconnected electricity generating facilities.
These facilities are primarily large hydro-electric energy from the Pacific Northwest, but it also contains relatively small amounts of nuclear energy and unspecified system energy.
MCE’s assigned 2030 and 2035 load forecast, GHG emissions benchmarks, and forecast GHG emissions for the 30 MMT portfolio are as follows:
2030
Load
(GWH)
2035
Load
(GWh)
2030 GHG
Benchmark
(MMT) –
30 MMT
Scenario
2035 GHG
Benchmark
(MMT) –
30 MMT
Scenario
MCE PCP
Emissions in
2030
MCE PCP
Emissions in
2035
5,955 6,099 0.848 0.630 0.500 0.514
MCE’s assigned 2030 and 2035 load forecast, GHG emissions benchmarks, and forecast GHG emissions for the 25 MMT portfolio are as follow:
2030
Load
(GWH)
2035
Load
(GWh)
2030 GHG
Benchmark
(MMT) –
25 MMT
Scenario
2035 GHG
Benchmark
(MMT) –
25 MMT
Scenario
MCE PCP
Emissions in
2030
MCE PCP
Emissions in
2035
5,955 6,099 0.640 0.504 0.493 0.492
The emissions reflected in the above tables are estimated using the Commission’s CSP calculator and are primarily the result of MCE’s reliance on system energy during hours when its supply portfolio does not match its load and curtailments assigned by the CSP calculator.
Compliance IRP Mix of Resources:
MCE’s PCP includes plans for significant capacity additions of new renewable and storage resources by 2035 to support achievement of MCE’s renewable and GHG-free energy goals, while contributing to system reliability in a responsible manner.
The PCP includes the following planned new capacity:
• New wind resources totaling 265 MW (consisting of in-state, out-of-state, and off-shore wind);
• New geothermal resources totaling 109 MW;
• New hybrid resources totaling 212 MW of solar generation and 153 MW of storage;
• New grid connected battery storage of 400 MW;
• New Demand Response resources of 15 MW; and
• New long-duration storage of 90 MW.
MCE’s PCP provides for the following overall resource mix in 2035:
• Large hydro-electric of 525 GWh;
• Imported hydro-electric of 120 GWh;
• Small hydro-electric of 69 GWh;
• Biogas/biomass of 46 GWh;
• Geothermal of 1,785 GWh;
• California wind of 1,014 GWh;
• Out-of-state wind of 250 GWh;
• Offshore wind of 400 GWh;
• California solar of 1,155 GWh;
• Distributed solar of 13 GWh;
• Hybrid solar and storage of 596 GWh; and
• Standalone battery storage of approximately 2 GWh (capacity x duration).
MCE’s portfolio includes a mix of existing and new resources strategically integrated to adhere to MCE’s policy to achieve at least 85% renewable energy by 2035. In fact, MCE’s PCP results in approximately 87% renewable energy in 2035, the vast majority of which will be secured under long-term contracts. Approximately 1,100 MW of MCE’s PCP is composed of new resources, reflecting MCE’s active role in the State’s development of new renewable and storage resources. Additionally, MCE’s short-and long- duration storage, renewable baseload procurement, and its capacity-only resources will help maintain MCE’s critical role in supporting the State’s need for reliability and renewable integration.
Fiscal Impacts:
The 2022 Compliance IRP is consistent with assumptions underlying MCE’s financial pro forma projections. There are no direct fiscal impacts of adopting the 2022 Compliance IRP, and future resource commitments that may be made in effectuating the plan will be subject to separate approval in accordance with MCE’s adopted delegation of authorities.
Recommendation:
Approve MCE’s 2022 CPUC Compliance IRP.
Standard LSE Plan
MARIN CLEAN ENERGY
2022 INTEGRATED RESOURCE PLAN
NOVEMBER 1, 2022
AI#08_Att.: MCE 2022 CPUC Compliance Integrated Resource Plan 1 Table of Contents
I. Executive Summary ................................................................................................................ 4 a. Introduction .................................................................................................................. 4 Description of MCE ............................................................................................................................................... 4 MCE’s Mission....................................................................................................................................................... 5 Introduction to MCE’s Compliance IRP ................................................................................................................. 6 MCE’s Preferred Conforming Portfolio ................................................................................................................. 7 Request for Certification....................................................................................................................................... 8 b. Summary of Findings .................................................................................................... 8 II. Study Design ........................................................................................................................11 a. Objectives ...................................................................................................................11 b. Methodology ..............................................................................................................12 i. Modeling Tool(s) .................................................................................................................... 12 ii. Modeling Approach................................................................................................................ 13 Load Forecast...................................................................................................................................................... 13 Table 1: MCE’s 2023-2035 Load Forecast ........................................................................................................... 13 Load Shape.......................................................................................................................................................... 13 Compiling Existing Resources.............................................................................................................................. 13 Selecting New Resources.................................................................................................................................... 14 Confirming Reliability.......................................................................................................................................... 14 Calculating GHG Emissions.................................................................................................................................. 15 III. Study Results ........................................................................................................................15 a. Conforming and Alternative Portfolios .......................................................................15 Table 2: MCE’s 2035 PCP Resources................................................................................................................... 15 MCE’s PCP Is Consistent with the 2021 PSP........................................................................................................ 17 Table 3: MCE’s PCP New Resource Procurement by Type Compared to 2021 PSP ............................................ 18 b. Preferred Conforming Portfolio ..................................................................................19 Meeting GHG Reduction Goals........................................................................................................................... 20 Procuring Eligible Renewable Energy.................................................................................................................. 21 Minimizing Bill Impact......................................................................................................................................... 21 Ensuring System and Local Reliability ................................................................................................................. 22 Strengthening the Bulk Transmission and Distribution Systems ........................................................................ 23 Enhancing Demand-Side Energy Management................................................................................................... 23 Minimizing Localized Air Pollutants with Emphasis on Disadvantaged Communities........................................ 24 c. GHG Emissions Results ...............................................................................................25 Table 4: MCE’s PCP GHG Emissions .................................................................................................................... 25 d. Local Air Pollutant Minimization and Disadvantaged Communities ...........................25 i. Local Air Pollutants................................................................................................................. 25 Table 5: MCE’s PCP Local Pollutant Emissions (30 MMT Scenario)..................................................................... 25 Table 6: MCE’s PCP Local Pollutant Emissions (25 MMT Scenario)..................................................................... 26 ii. Focus on Disadvantaged Communities .................................................................................. 26 AI#08_Att.: MCE 2022 CPUC Compliance Integrated Resource Plan 2 Table 7: DACs Served by MCE ............................................................................................................................. 26 Green Access and Community Solar Connection Programs................................................................................ 29 Sustainable Workforce and Diversity Policy ....................................................................................................... 30 Ad Hoc Workforce Development........................................................................................................................ 31 Creating Energy Efficiency Jobs........................................................................................................................... 33 Equity in Power Purchasing................................................................................................................................. 34 Strategic Recruiting and Hiring Practices............................................................................................................ 34 Community Power Coalition ............................................................................................................................... 34 Building Community Resiliency........................................................................................................................... 35 COVID-19 Customer Support .............................................................................................................................. 36 e. Cost and Rate Analysis ................................................................................................36 f. System Reliability Analysis. .........................................................................................38 g. High Electrification Planning .......................................................................................40 Table 8: MCE’s 2024-2035 Load Forecast - High Electrification Scenario ........................................................... 41 Table 9: MCE’s 2024-2035 Peak Demand Forecast - High Electrification Scenario............................................. 41 Table 10: MCE’s Planned Out-of-State and Off-Shore Wind Resources ............................................................. 42 h. Existing Resource Planning .........................................................................................42 i. Hydro Generation Risk Management .........................................................................43 j. Long-Duration Storage Planning .................................................................................44 k. Clean Firm Power Planning .........................................................................................45 l. Out-of-State Wind Planning .......................................................................................45 m. Offshore Wind Planning .............................................................................................46 n. Transmission Planning ................................................................................................46 i. New Projects .......................................................................................................................... 46 ii. Projects Under Development................................................................................................. 46 iii. Projects Under Review ........................................................................................................... 48 iv. Planned New (Generic) Projects............................................................................................. 49 IV. Action Plan ...........................................................................................................................50 a. Proposed Procurement Activities and Potential Barriers ...........................................50 Joint Solicitations................................................................................................................................................ 50 Optimizing Existing Procurement........................................................................................................................ 51 Annual Energy Solicitations................................................................................................................................. 51 i. Resources to meet D.19-11-016 procurement requirements................................................ 54 D.19-11-016 Procurement Progress Report........................................................................................................ 54 Sutter Energy Center........................................................................................................................................... 55 Strauss Wind, LCC ............................................................................................................................................... 55 MCE Solar One .................................................................................................................................................... 56 Waste Management Redwood Landfill (“Redwood Landfill Project”)................................................................ 56 i. Resources to meet D.21-06-035 procurement requirements, including: .............................. 57 MTR Procurement Progress Report.................................................................................................................... 57 i. All other procurement requirements..................................................................................... 59 AI#08_Att.: MCE 2022 CPUC Compliance Integrated Resource Plan 3 Open Season RFO................................................................................................................................................ 59 ii. Offshore wind......................................................................................................................... 60 iii. Out-of-state wind................................................................................................................... 60 iv. Other renewable energy not described above....................................................................... 60 v. Other energy storage not described above............................................................................ 60 vi. Other demand response not described above....................................................................... 61 vii. Other energy efficiency not described above ........................................................................ 61 viii. Other distributed generation not described above ............................................................... 62 Net Energy Metering and Rooftop Solar Rebates............................................................................................... 62 ix. Transportation electrification, including any investments above and beyond what is included in Integrated Energy Policy Report (IEPR) ........................................................................................ 63 x. Building electrification, including any investments above and beyond what is included in Integrated Energy Policy Report (IEPR) ............................................................................................ 64 Multifamily Energy Saving Program.................................................................................................................... 64 LIFT Pilot Program............................................................................................................................................... 65 Home Energy Savings (“HES”) Program .............................................................................................................. 66 Heat Pump Water Heater (“HPWH”) Contractor Incentive Program.................................................................. 67 xi. Other ...................................................................................................................................... 67 b. Disadvantaged Communities ......................................................................................67 Green Access and Community Solar Connection Programs................................................................................ 67 Sustainable Workforce and Diversity Policy ....................................................................................................... 68 c. Commission Direction of Actions ................................................................................68 V. Lessons Learned ...................................................................................................................69 Glossary of Terms.........................................................................................................................70 AI#08_Att.: MCE 2022 CPUC Compliance Integrated Resource Plan 4 I. Executive Summary
a. Introduction
Description of MCE
Marin Clean Energy (“MCE”) is California’s first Community Choice Aggregation (“CCA”) Program, a not-for-profit Joint Powers Authority (“JPA”) that began service in 2010. MCE’s mission is to confront the climate crisis by eliminating fossil fuel greenhouse gas (“GHG”) emissions, producing renewable energy, and creating equitable community benefits. MCE’s vision is to lead California to an equitable, clean, affordable, and reliable energy economy by serving as a model for community-based renewable energy, energy efficiency, and cutting-edge clean-tech products and programs.
As a load-serving entity (“LSE”), MCE provides electricity generation service to approximately 580,000 customer accounts. These accounts represent more than one million residents and businesses across four Bay Area counties.1 MCE procures for annual retail sales of approximately 5,729 GWh and a peak load of more than 1,240 MW.
MCE provides service to approximately 87% of eligible customers within its service area, which is depicted in Figure 1, below. MCE is also the default generation provider for any new or relocated customers therein.2
1 MCE serves communities across Contra Costa, Marin, Napa, and Solano counties. Those communities currently receiving service include: Unincorporated Contra Costa, Marin, Napa, and Solano counties and the Cities and Towns of Concord, Danville, El Cerrito, Lafayette, Martinez, Moraga, Oakley, Pinole, Pittsburg, Pleasant Hill, Richmond, San Pablo, San Ramon, Walnut Creek, Belvedere, Corte Madera, Fairfax, Larkspur, Mill Valley, Novato, Ross, San Anselmo, San Rafael, Sausalito, Tiburon, American Canyon, Calistoga, Napa, St. Helena, Yountville, Benicia, Vallejo, and Fairfield.
2 MCE expanded service to the city of Fairfield in April 2022. This expansion is reflected in MCE’s Commission-assigned load forecast. Expansion to additional communities may occur during the planning period.
AI#08_Att.: MCE 2022 CPUC Compliance Integrated Resource Plan 5 Figure 1: Service Area Map
As a JPA and local government agency, MCE is governed by a 31-member Board of Directors (“Board” or “Governing Board”) composed of elected representatives from MCE’s member communities. MCE’s Board sets policy for the agency and oversees MCE’s operations, including MCE’s procurement planning. Through these representatives, MCE is controlled by and accountable to the communities MCE serves.
MCE’s Mission
MCE was formed to empower its member communities to choose the generation resources that reflect their specific values and needs. As a mission-driven local government agency, MCE works toward the following:
● Reducing GHG emissions and accelerating the supply of clean energy being delivered to and used on the grid;
● Developing community programs and local energy projects to expand access to competitively priced renewable energy and energy efficiency programs for all customers;
● Creating economic and workforce benefits associated with renewable energy and energy conservations programs; and
● Leveraging energy and conservation spending to promote more equity throughout MCE’s communities and California.
AI#08_Att.: MCE 2022 CPUC Compliance Integrated Resource Plan 6 Member community values and needs are reflected in a number of procurement principles, goals, targets, and directives reviewed and adopted by MCE’s Board via MCE’s annual Operational Integrated Resource Plan (“Operational IRP”).3 Since 2014, MCE has prepared an annual Operational IRP as an internal planning and policy document to address MCE’s GHG reduction targets and various other agency matters related to resource planning and procurement, including complementary energy programs administered and funded by MCE.
The Operational IRP is well-aligned with the biennial Compliance IRP submitted to the California Public Utilities Commission (“Commission” or “CPUC”) for certification pursuant to Cal. Pub.
Util. Code Section 454.52(b)(3).4 These two IRPs are developed concurrently in even years and describe consistent long-term procurement planning strategies and goals.
Consistent with Sections 366.2(a)(5) and 454.52 (b)(3), MCE’s procurement is governed by MCE’s Board and must be consistent with the Board-adopted mandates in MCE’s Operational IRP.
Introduction to MCE’s Compliance IRP
In accordance with the requirements of Sections 454.51 and 454.52, Commission Decisions (“D.”) 22-02-004, D.21-06-035, D.19-11-016, D.18-02-018, and formal guidance provided by the Commission’s Energy Division,5 MCE is filing its Compliance IRP for certification review and use in the Commission’s statewide planning process. In addition to this narrative, MCE’s Compliance IRP includes the following documents:
● MCE’s 30 MMT Resource Data Template;
● MCE’s 25 MMT Resource Data Template;
● MCE’s 30 MMT Clean System Power Calculator; and
● MCE’s 25 MMT Clean System Power Calculator.
As provided for in D.22-02-004 and described in Commission Guidance documents, MCE is submitting a single conforming portfolio (“Preferred Conforming Portfolio”) as part of its 3 The current MCE 2022 Operational Integrated Resource Plan was approved by MCE’s Technical Committee in November 2021 and is available on MCE’s website: https://www.mcecleanenergy.org/energy-procurement/. MCE is developing its 2023 Operational Integrated Resource Plan concurrently with this Compliance IRP. The 2023 OIRP is scheduled to be reviewed and approved by MCE’s Technical Committee in November 2022. 4 All further citations to statute are to the California Public Utilities Code unless otherwise noted. 5 Over the course of the IRP planning cycle, Energy Division has issued a number of guidance documents to be used as LSEs develop their IRPs. These documents include LSE Filing Requirements RESOLVE Results (issued June 15, 2022); Filing Requirements Overview (updated July 15, 2022); Filing Requirements Questions and Answers (updated September 23, 2022); Clean System Power Calculator Documentation (updated July 15, 2022); Resource Data Template v3 User Guide (updated September 23, 2022); and Aggregated CAM Resources for LSEs Plan Development (issued September 29. 2022).
AI#08_Att.: MCE 2022 CPUC Compliance Integrated Resource Plan 7 Compliance IRP, which meets the following GHG emissions limits:
1. A portfolio that achieves emissions that are equal to or less than MCE’s proportional share of the 38 MMT by 2030 and 30 MMT by 2035 GHG targets (“30 MMT Conforming Portfolio); and
2. A portfolio that achieves emissions that are equal to or less than MCE’s proportional share of the 30 MMT by 2030 and 25 MMT by 2035 GHG targets (“25 MMT Conforming Portfolio”).
Projecting resource needs over the planning horizon covered by the IRP is an inexact exercise and is inevitably and appropriately subject to change in terms of both amounts procured and types of resources needed. MCE’s portfolio of resources generally includes (a) existing and operating resources that are under contract with MCE; (b) resources that MCE has contracted for, but that have not achieved commercial operation; and (c) future resources that MCE will need to procure to meet its agency targets and goals over both the mid- and long-term. The future resources identified in MCE’s Compliance IRP represent MCE’s best, good-faith projection of the resource mix it will procure over the IRP planning horizon based on currently available information. The resources identified in future iterations of MCE’s Compliance IRP may change due to new information and changed circumstances. As such, the ultimate resource mix MCE procures may differ from what is reflected in this Compliance IRP due to a number of variables including regulatory changes, availability of supply, price of supply, and/or other market or regulatory considerations. What MCE expects to remain constant, however, is its aggressive trajectory towards procuring a diverse resource mix that meets MCE’s reliability and customer needs and minimizes reliance on GHG-emitting resources for both energy and capacity.
MCE’s Preferred Conforming Portfolio
MCE’s Preferred Conforming Portfolio (“PCP”) is described in detail below and is represented in MCE’s Resource Data Template, version 3 (“RDT”) for both the 30 MMT Conforming Portfolio and the 25 MMT Conforming Portfolio, respectively. The PCP has been approved by MCE’s Chief Executive Officer and Governing Board as: (a) reflective of MCE’s actual planned procurement as of the filing of this Compliance IRP; (b) consistent with MCE’s statutory obligations; (c) consistent with the Commission’s IRP framework and guidelines, including the Preferred System Plan (“PSP”); (d) consistent with the Commission’s reliability requirements; and (c) consistent with MCE’s internal short-, mid-, and long-term procurement plans and internal procurement policies. MCE’s PCP comes in under its assigned portion of the 25 MMT and 30MMT system emissions targets. MCE’s PCP was approved by MCE’s governing Board on October 20, 2022 and is being provided to the Commission for certification consistent with AI#08_Att.: MCE 2022 CPUC Compliance Integrated Resource Plan 8 Section 454.52(b)(3).
Request for Certification
MCE respectfully requests that the Commission certify this Compliance IRP.
As both the Legislature and the Commission have recognized, the Legislature has granted CCAs broad authority to procure resources on their customers’ behalf, an authority limited only where “other generation procurement arrangements have been expressly authorized by statute.”6 The Commission has likewise recognized that the Legislature has granted CCAs autonomy in setting their own rates and managing interactions with their customers.7 As such, the Commission has three primary interests in the CCA IRP process:
● Ensuring that CCA IRPs provide the CCA procurement information that the Commission needs to develop its statewide plan;8
● Ensuring that CCAs’ current and planned procurement is consistent with the resource adequacy (“RA”) requirements established pursuant to Section 380;9 and ● Ensuring that each CCA contributes to grid reliability and GHG emissions reductions through the procurement of long-term renewable integration resources.10 MCE has prepared its Compliance IRP with these interests in mind, and MCE thanks the Commission in advance for its recognition of CCA procurement autonomy and the benefits of a collaborative approach with CCAs in its certification review of MCE’s Compliance IRP. b. Summary of Findings
This narrative provides a detailed description of: (a) the development and content of MCE’s PCP; (b) the PCP’s compliance with applicable requirements; and (c) an Action Plan detailing 6 Section 366.2(a)(5).
7 D.05-12-041 at 5 (“Nothing in the statute directs the CPUC to regulate the CCA’s program except to the extent that its programs may affect utility operations and the rates and services to other customers. For example, the statute does not require the CPUC to set CCA rates or regulate the quality of its services.”); D.19-04-040 at 18 (“[T]he Commission does not approve CCA or ESP rates.”). 8 D.19-04-040 at 17-18 (“The Commission’s portfolio aggregation and evaluation process, which relies of fulfillment of IRP filing requirements by LSEs, is the only process capable of assessing the overall needs of the CAISO grid and meeting the statewide GHG, reliability, and least-cost goals collectively. While LSEs may use their IRP process to meet local planning needs as well, the statewide planning function is the statutorily required process.
9 Section 454.52(b)(3)(C).
10 Section 454.51.
AI#08_Att.: MCE 2022 CPUC Compliance Integrated Resource Plan AI#08_Att.: MCE 2022 CPUC Compliance Integrated Resource Plan 10 storage;
o New grid connected battery storage of 400 MW;
o New Demand Response resources of 15 MW; and
o New long-duration storage13 of 90 MW;
● MCE’s PCP provides for the following overall resource mix in 2035:
o Large hydro-electric of 525 GWh;
o Imported hydro-electric of 120 GWh;
o Small hydro-electric of 69 GWh;
o Biogas/biomass of 46 GWh;
o Geothermal of 1,785 GWh;
o California wind of 1,014 GWh;
o Out-of-state wind of 250 GWh;
o Offshore wind of 400 GWh;
o California solar of 1,155 GWh;
o Distributed solar of 13 GWh;
o Hybrid solar and storage of 596 GWh; and
o Standalone battery storage of 2,117 MWh (capacity x duration). ● Using the 30 MMT scenario CSP calculator, MCE’s PCP would have 2030 emissions of
0.500 MMT and 0.514 MMT in 2035.14 This is lower than MCE’s assigned share of 2030 and 2035 emissions (0.848 MMT and 0.630 MMT, respectively). ● Using the 25 MMT scenario CSP calculator, MCE’s PCP would have 2030 emissions of
0.493 MMT and 0.492 MMT in 2035. This is lower than MCE’s assigned share of 2030 and 2035 emissions (0.640 MMT and 0.504 MMT, respectively). ● MCE’s PCP meets all Commission-provided reliability metrics. ● MCE’s PCP provides more than MCE’s load-proportional share of renewable integration resources.
MCE has selected its PCP because it appropriately balances Board directives, MCE’s program goals, cost constraints, reliability, and customer rate impacts. Specifically, the PCP adheres to MCE Board Policy to achieve an 85% renewable energy content by 203515 and minimize GHG 13 MCE is currently interested in long-duration storage resources with at least 8 hours of duration at full capacity. 14 MCE notes that the increase in emissions from 2030 to 2035 results from an increase in use of system power attributable to a decrease in allocated generation from Combined Heat and Power resources, as well as increases in the volume of curtailments and exports modeled.
15 This assumes a certain amount of curtailment as dictated by the CSP. Without the curtailments assigned by the CSP calculator, MCE’s renewable generation would be approximately 87%. To account for curtailment, MCE uses short-term contracts to balance its portfolio and meet its goals and obligations. This ensures that unrealized or curtailed generation is accounted for.
AI#08_Att.: MCE 2022 CPUC Compliance Integrated Resource Plan 11 emissions through use of a combination of renewable energy and other low carbon energy sources.16
To implement its PCP, MCE is adopting the Action Plan described in Section IV, below. This Action Plan includes the following steps:
● MCE will conduct an annual “open season” Request for Offers (“RFO”) process to solicit offers for new renewable generation and storage projects. These resources are typically secured through long-term PPAs. MCE expects to secure PPAs for new projects in each open season conducted over the next several years; ● Periodically throughout the year, MCE will solicit offers for (i) short-term renewable energy, (ii) large hydro-electric and Asset Controlling Supply (“ACS”), (iii) RA, and (iv) load-hedging products needed to balance the portfolio and adhere to position limits established through MCE’s risk management policy and practices. These solicitations can take the form of formal RFO processes, bilateral discussions, and transactions arranged through broker markets; and
● Continuing to develop and offer customer programs that shed load, including aggregated load shift from business and residential customers.
II. Study Design
a. Objectives
MCE had the following objectives in performing the analytical work to develop its PCP and larger Compliance IRP:
1. Identify a portfolio that meets MCE’s goals for renewable energy utilization and GHG emission minimization and that has GHG emissions no greater than MCE’s proportional share of the 38 MMT 2030 GHG Emissions Benchmark and 25 MMT 2035 GHG Emissions Benchmark, as determined using the CSP calculator;
2. Identify a portfolio that achieves economic, reliability, environmental, security, and other benefits and performance characteristics that are consistent with the goals set forth in Section 454.52(a)(1) (A-I);
3. Identify a diverse and balanced portfolio that includes both short-term and long-term electricity, electricity-related, and demand reduction and management products;
4. Identify a portfolio that achieves the RA requirements established pursuant to Section 16 See MCE’s 2022 Operational Integrated Resource Plan available here: https://www.mcecleanenergy.org/energy-procurement/.
AI#08_Att.: MCE 2022 CPUC Compliance Integrated Resource Plan 12 380 and fully provides MCE’s share of system reliability and renewable integration resources;
5. Identify a portfolio that fully complies with all MCE Board-adopted procurement directives;
6. Identify portfolios that are fully compliant with MCE’s obligations under the Renewable Portfolio Standard (“RPS”) program; and
7. Identify portfolios that are cost-effective and minimize rate impacts on MCE’s customers.
b. Methodology
i. Modeling Tool(s)
In developing its PCP, MCE used modeling tools that quantify portfolio targets for renewable energy content, capacity, and portfolio GHG emissions, as well as physical and financial positions to ensure adherence to MCE’s risk management policies and business practices. MCE uses proprietary models to assess annual, monthly, and hourly open positions taking into account forecasted hourly electric loads and expected deliveries from MCE’s resource portfolio.
MCE uses a proprietary financial model to project power supply costs and incorporate existing and planned procurement into an overall financial assessment of revenues, costs, and cash flows. MCE also utilizes a commercially available energy trading and risk management system to monitor positions, market exposure, credit exposure, value-at-risk, and other risk management metrics.17
Portfolio reliability was evaluated using forward-looking Effective Load Carrying Capacity (“ELCC”) values for each resource type to assess total NQC of the portfolio relative to MCE’s reliability requirements. This approach ensures MCE contributes to grid reliability commensurate with its share of system reliability needs.
For new resource selection where specific projects have not yet been identified in MCE’s procurement process, MCE relied upon the modeling and assumptions in RESOLVE as well as MCE’s recent procurement experience. Both provide insight into resource availability and cost.
MCE considered resource cost as well as portfolio fit (i.e., how new resources would complement existing portfolio resources to reliably serve MCE’s load shape, while minimizing GHG emissions).
17 Hitachi Energy TRMTracker.
AI#08_Att.: MCE 2022 CPUC Compliance Integrated Resource Plan AI#08_Att.: MCE 2022 CPUC Compliance Integrated Resource Plan 14 resources through the Voluntary Allocation and Market Offer (“VAMO”) process; ● Existing and planned capacity RA contracts;
● MCE’s assigned share of capacity for CAM and Demand Response resources, taken from the most recent year-ahead CAM resource allocations provided to MCE on September 29, 2022;18 and
● Expected allocations of GHG-free energy from the Pacific Gas & Electric Company (“PG&E”) portfolio.
Selecting New Resources
To identify its new resource procurement, MCE first determined the new resource capacity it intends to add each year. To make this determination, MCE considered (i) resource need (i.e., open positions), (ii) long-term renewable contracting requirements, (iii) RPS requirements, (iv) RA requirements, (v) the need for incremental RA capacity to contribute to system reliability and renewable integration needs, (vi) the potential for technological improvements, (vii) financial considerations, and (viii) a desire to transition its portfolio toward greater use of renewable energy and storage capacity in lieu of reliance on fossil resources. MCE selected resource types based on its experience with competitive solicitations for new renewable and storage resources as well as by making reference to the studies and modeling underlying the adopted PSP portfolio.
Confirming Reliability
MCE’s portfolios were evaluated to ensure that sufficient dependable NQC is available to meet peak load requirements plus the required planning reserve margin. MCE used forward looking technology specific ELCC factors provided by the Commission to assess the contribution of each resource to system reliability. As such, MCE’s portfolio addresses the expected changes to ELCC factors and NQC of its planned resources. MCE’s PCP was designed to ensure that current incremental RA capacity obligations are met, and that MCE contributes to new resource development to address fossil fuel retirements, the decommissioning of the Diablo Canyon Power Plant (“DCPP”),
19 and integration of renewable resources.
18 MCE’s CAM and Demand Response allocations reflect the information provided in the Aggregated CAM Resources for LSEs Plan Development (“Aggregated CAM Guidance”), issued September 29, 2022, available at https://www.cpuc.ca.gov/industries-and-topics/electrical-energy/electric-power-procurement/long-term-procurement-planning/2022-irp-cycle-events-and-materials. 19 Pursuant to Senate Bill 846, MCE’s planning for purposes of this Compliance IRP assumes the current retirement and decommissioning schedule for DCPP.
AI#08_Att.: MCE 2022 CPUC Compliance Integrated Resource Plan AI#08_Att.: MCE 2022 CPUC Compliance Integrated Resource Plan 16 Biogas (GWh) - 30 - - - 30
Biomass (GWh) - - 16 - - 16
Geothermal
(GWh) - - 149 580 1,056 1,785
Hybrid or Paired
Solar and Battery
(GWh)
596 - - - - 596
Imported Hydro
(GWh) - - 120 - - 120
Large Hydro
(GWh) - 25 500 - - 525
Small Hydro
(GWh) - 37 32 - - 69
Solar Distributed
(GWh) 13 - - - - 13
Solar Existing
California (GWh) 18 1,058 79 - - 1,155
Wind Existing
California (GWh) - - 374 - 87 461
Wind New
Mexico (GWh) - - - 250 - 250
Wind New PG&E
(GWh) 290 - - - - 290
Wind Offshore
Morro Bay (GWh) - - - 400 - 400
AI#08_Att.: MCE 2022 CPUC Compliance Integrated Resource Plan 17 Wind New SCE
SDG&E (GWh) - - - - 263 263
Additionally, MCE’s 2035 PCP includes capacity-only resources composed primarily of the following:
● CAM, and Demand Response allocations – 48 MW23
● Existing natural gas and other (planned procurement) – 549 MW MCE’s portfolio includes a mix of existing and new resources. MCE’s 2035 portfolio is composed of approximately 1,383 MW of new nameplate capacity, reflecting MCE’s role as an active participant in the State’s development of new renewable and storage resources. Additionally, MCE’s short- and long-duration storage, along with its capacity-only resources will help maintain MCE’s commitment to supporting the State’s need for reliability and renewable integration.
MCE’s PCP Is Consistent with the 2021 PSP
The new resources included in MCE’s PCP are generally consistent with the 2021 PSP’s 2035 new resource mix as adopted in D.22-02-004, as updated,24 for both the 38 MMT and 30 MMT scenarios. There are, however, certain notable differences that reflect portfolio needs and resource selection that are unique to MCE.
As demonstrated in Table 3, below, MCE’s PCP includes proportionately more new resources than would be indicated by MCE’s proportional share of new procurement for each of the resource types identified in the adopted 2021 PSP.25 Under this scenario, MCE’s portfolio includes considerably more wind, geothermal and storage resources, and less utility-scale solar resources than does the 38 MMT PSP scenario.
23 MCE’s CAM and Demand Response allocations reflect the information provided in the Aggregated CAM Guidance issued September 29, 2022.
24 LSE Plan Filing Requirements RESOLVE Modeling Results at 16, issued June 15, 2022, available at https://www.cpuc.ca.gov/-/media/cpuc-website/divisions/energy-division/documents/integrated-resource-plan-and-long-term-procurement-plan-irp-ltpp/2022-irp-cycle-events-and-materials/lse-filing-requirement-resolve-results.pdf. 25 D.22-02-004 adopts the 38 MMT GHG target as the 2021 PSP. However, the Decision also requires LSEs to submit plans for how they would reach the 30 MMT GHG target or lower. Further, as clarified in the Administrative Law Judge’s Ruling Finalizing Load Forecasts and Greenhouse Gas Emissions Benchmarks for 2022 Integrated Resource Plan Filings, issued June 15, 2022, LSEs whose portfolios go below the 30 MMT GHG target are only required to submit one PCP.
AI#08_Att.: MCE 2022 CPUC Compliance Integrated Resource Plan AI#08_Att.: MCE 2022 CPUC Compliance Integrated Resource Plan 19 Offshore
Wind 4,707 126 4,707 126 95
Utility-Scale
Solar 17,418 465 21,794 582 222
Battery
Storage 17,350 463 17,742 474 591
Pumped
(Long-Duration)
Storage
1,000 27 1,000 27 90
Shed Demand
Response 977 26 767 20 15
Total 50,919 1,360 56,377 1,505 1,383
The differences between MCE’s share of the 2021 PSP New Build Resources and the resources in MCE’s PCP, under either the 38 MMT or 30 MMT scenarios, reflect MCE’s planned contributions to new resource development during the planning period. MCE plans to add significant new renewable generation and storage capacity to help reduce reliance on fossil fueled generation, while minimizing GHG emissions and maintaining reliability using the most cost-effective and efficient portfolio of resources.
b. Preferred Conforming Portfolio
MCE’s PCP consists of a combination of:
● Utility-scale solar;
● In-state wind;
● Out-of-state wind;
● Off-shore wind;
● Short-duration storage;
● Long-duration storage;
● Small and large hydro-electric;
● Geothermal;
● Biomass/biogas;
● Shed Demand Response; and
● Natural gas/other (capacity only).
AI#08_Att.: MCE 2022 CPUC Compliance Integrated Resource Plan 20 MCE’s PCP consists of the following specifical compilation of resources:
● MCE’s PCP includes the procurement of the following new resources and nameplate capacities over the course of the planning horizon:
o New wind resources totaling 265 MW (consisting of in-state, out-of-state, and off-shore wind);
o New geothermal resources totaling 109 MW;
o New hybrid resources totaling 212 MW of solar generation and 153 MW of storage;
o New grid connected battery storage of 400 MW;
o New Demand Response resources of 15 MW; and
o New long-duration storage28 of 90 MW;
● MCE’s PCP provides for the following overall resource mix in 2035:
o Large hydro-electric of 525 GWh;
o Imported hydro-electric of 120 GWh;
o Small hydro-electric of 69 GWh;
o Biogas/biomass of 46 GWh;
o Geothermal of 1,785 GWh;
o California wind of 1,014 GWh;
o Out-of-state wind of 250 GWh;
o Offshore wind of 400 GWh;
o California solar of 1,155 GWh;
o Distributed solar of 13 GWh;
o Hybrid solar and storage of 596 GWh; and
o Standalone battery storage of 2,117 MWh (capacity x duration).
As stated above, in accordance with Section 454.51(b)(3), the resource mix in MCE’s PCP achieves “economic, reliability, environmental, security, and other benefits and performance characteristics that are consistent with the goals set forth in [Section] 454.51(a)(1)].” These benefits and characteristics are discussed below.
Meeting GHG Reduction Goals
MCE’s PCP achieves results and performance characteristics consistent with the Section 454.52(a)(1)(A) goal of meeting the Commission’s 30 MMT or 25 MMT GHG reduction benchmark. MCE’s proportional share of the 30 MMT benchmark is 0.848 MMT in 2030 and
0.630 MMT in 2035. According to the Commission’s emissions calculator for the 30 MMT 28 MCE is currently interested in long-duration storage resources with at least 8 hours of duration at full capacity.
AI#08_Att.: MCE 2022 CPUC Compliance Integrated Resource Plan 21 scenario, MCE’s PCP would account for 0.500 MMT of emissions in 2030 and 0.514 MMT of emissions in 2035.29 MCE’s proportional share of the 25MMT benchmark is 0.640 MMT in 2030 and 0.504 MMT in 2035. According to the Commission’s CSP calculator for the 25 MMT scenario, MCE’s PCP would account for 0.493 MMT of emissions in 2030 and 0.492 MMT of emissions in 2035.
Procuring Eligible Renewable Energy
MCE’s PCP achieves results and performance characteristics consistent with the goals of Sections 454.52(a)(1)(B) & (F) of ensuring that portfolios are composed of at least 50% eligible renewable resources and displacing fossil fuels within the state. In 2035 MCE’s PCP portfolio would consist of 87% eligible renewable generation. To this end, MCE has executed a number of long-term PPAs with new, California-based generating facilities that will produce Portfolio Content Category (“PCC”) 1-eligible renewable energy in excess of the 2030 requirement. Of the targeted 87% eligible renewable generation in 2035, 44.5% is under long-term contracts in 2030, and 33.6% in 2035. The remaining 42.5% and 53.4%, respectively, will be filled with long-term contracts that are currently under negotiations and/or planned as shown in both the CSPs and RDTs.30
To supplement its core procurement of PCC 1 resources under long-term contracts for its PCP, MCE engages, and will continue to engage, in short-term contracts for renewable energy supplies to balance and optimize its PCP. As of this filing, MCE has secured contracts for renewable energy volumes in excess of applicable California RPS procurement requirements through 2025, and long-term contracting requirements through 2030.
Minimizing Bill Impact
MCE’s PCP achieves results and performance characteristics consistent with the Section 454.52(a)(1)(D) goal of minimizing the impact of planned procurement on ratepayers’ bills. MCE prioritizes use of renewable energy and low carbon emitting resources, reliability, and cost competitiveness.
29 MCE notes that the increase in emissions from 2030 to 2035 results from an increase in use of system power attributable to a decrease in allocated generation from Combined Heat and Power resources, as well as increases in the volume of curtailments and exports modeled.
30 Historically, MCE has contracted with PCC 1 resources located in California. However, some resources located outside California are eligible for PCC 1, typically through direct interconnection or firm transmission rights to the CAISO. Although MCE has an established preference for in-state resources, contracting with out-of-state PCC 1- qualified resources is likely to the extent that they offer increased value or other desirable portfolio attributes during the planning period.
AI#08_Att.: MCE 2022 CPUC Compliance Integrated Resource Plan 22 Energy and RA costs have risen sharply in recent years, and rising wholesale energy costs have placed upward pressure on customer rates. New build renewable development and storage costs have also seen substantial increases since the last IRP cycle due to a confluence of unprecedented amounts of mandated procurement on strict timelines, limited transmission capacity to support new projects, supply chain constraints, and inflationary pressures. At the same time, prices in the short-term markets for renewable energy and RA have also increased significantly resulting from increasing incidents of resource scarcity during peak hours and more numerous and extensive extreme weather events. MCE will take steps to minimize bill impacts, but near-term rate increases may be necessary to accommodate increased procurement costs.
Despite recent cost increases for new generation and storage associated with its resource plan, bill impacts can be at least partially mitigated by the fact that new renewable generation projects can have lower net costs than the prices paid in the short-term renewable energy and resource adequacy markets. In evaluating new resource commitments, MCE seeks generation and/or storage projects that meet portfolio fit considerations and that have positive net present value in consideration of expected contract costs and the value of the energy, reliability, and environmental attributes provided by the project. Such projects help reduce costumer costs relative to alternative sources of energy and capacity. Further, MCE’s PCP minimizes exposure to volatile natural gas prices and the bill impacts that can result from periodic spikes in fossil fuel prices.
Specific estimates of MCE’s average portfolio costs through 2035 are provided in Section III.e., below.
Ensuring System and Local Reliability
MCE’s PCP achieves results and performance characteristics consistent with the Section 454.52(a)(1)(E) goal of ensuring system and local reliability on both a near- and long-term basis.
The PCP meets system RA requirements as detailed in Section III.f. MCE’s PCP is reliable from both an MCE-specific and systemwide perspective under the 30 MMT and 25 MMT Scenarios.
The PCP would provide adequate energy storage and RA capacity to meet MCE’s generation needs during non-solar generating hours.
As a practical matter, the ability of MCE’s portfolio to meet MCE’s own load requirements will not be materially impacted by whether other parties procure consistent with the 30 MMT or 25 MMT target. As discussed in Section III.f., MCE’s PCP includes sufficient NQC to meet peak loads and reserve margins regardless of whether other load serving entities procure to the 25 MMT or 30 MMT benchmark targets. If other LSEs procure in accordance with a 25 MMT GHG target, the NQC and contribution to reliability of MCE’s PCP would increase by an average of 10 MW.
AI#08_Att.: MCE 2022 CPUC Compliance Integrated Resource Plan 23 Based on results from the CSP calculator, MCE should expect more hours of curtailment for its renewable resources, greater use of system power, and higher emissions of GHG and local pollutants in the 30 MMT scenario as compared to the 25 MMT scenario; however, these differences are small relative to the size of MCE’s planned portfolios and would have no meaningful impact on reliability.
For the periods during which MCE’s load exceeds the sum of its contracted energy resources and planned storage capacity and Demand Response resources, MCE intends to ensure sufficient system capacity is available through use of firm short- and long-term RA contracts.
MCE is planning that approximately half of its RA capacity (ELCC adjusted) will be provided by new renewable and storage resources, while the other half will be provided by existing resources, most of which are likely to be dispatchable natural gas fueled generators.
MCE is proud of its role supporting reliability and renewable integration needs to date and is eager to continue supporting these important state objectives going forward. While MCE has built-in plans for traditional reliability resources (i.e., from natural gas), MCE aspires to gradually layer in reliability supply that better aligns with the State’s ultimate GHG reduction goals.
Strengthening the Bulk Transmission and Distribution Systems MCE’s PCP achieves results and performance characteristics consistent with the Section 454.52(a)(1)(G) goal of strengthening the diversity, sustainability, and resilience of the bulk transmission and distribution systems. MCE does not own, operate, or maintain the bulk transmission or distribution systems. However, MCE’s procurement of strategically located renewable generation, prioritization of local renewable generation, demand-side management efforts, and investment in distribution-side resources all serve to enhance the sustainability and resiliency of the bulk transmission and distribution systems.
Enhancing Demand-Side Energy Management
MCE’s PCP achieves results and performance characteristics consistent with the Section 454.52(a)(1)(H) goal of enhancing demand-side energy management. MCE’s PCP includes MCE’s allocation of capacity through the demand-side management programs operated by PG&E.
MCE operates a variety of energy efficiency and demand response programs, including MCE’s PeakFlex Market.31
Additionally, MCE is working to develop a pilot Virtual Power Plant (“VPP”) within the City of 31 See https://www.mcecleanenergy.org/market/ .
AI#08_Att.: MCE 2022 CPUC Compliance Integrated Resource Plan 24 Richmond. This effort will install a suite of privately-owned distributed energy resources (“DERs”) to be dispatched into the VPP, such as rooftop solar, heat pump water heaters, smart thermostats, smart plugs, electric vehicles, and energy storage. These will send data directly to MCE and can be remotely controlled and operated together to pull power to and from the grid at strategic times, creating pockets of power to support and decarbonize the grid.
The goal of Richmond Advanced Energy Community is to connect 120 sites to the VPP including 10 rehabilitated homes, 90 homes occupied by low-to-middle income residents (which have already received solar systems from GRID Alternatives), 18 commercial sites, and 2 industrial sites. Combined, the 120 sites are expected to contribute 1 MW of solar, 2 MWh of energy storage, and 1.5 MW of flexible load by December 2024.
The VPP will allow MCE to aggregate and dispatch DERs to manage critical peak loads, minimize procurement costs, and - as market opportunities evolve - generate value in wholesale markets.
Participants may not be enrolled in other DER aggregation or demand response programs.
Participants will receive modern appliances, bill savings, and bill credits.
MCE plans to expand this program to monitor and control other customer owned DERs.
Minimizing Localized Air Pollutants with Emphasis on Disadvantaged Communities MCE’s PCP achieves results and performance characteristics consistent with the Section 454.52(a)(1)(I) goal of minimizing localized air pollutants and other GHG emissions with early priority on disadvantaged communities (“DACs”). MCE’s PCP relies primarily on renewable generation and would have low GHG and localized air pollution emissions. Further, MCE’s PCP minimizes MCE’s reliance on unspecified system power, instead opting for renewable generation, hydro generation, local energy storage, and local demand side reduction programs.
Results from the 30 MMT CSP calculator indicate the following localized air pollutants associated with MCE’s PCP in 2035:
● NOx: 68 tonnes/yr
● PM 2.5: 32 tonnes/yr
● SO2: 7 tonnes/yr
Results from the 25 MMT CSP tool indicate the following localized air pollutants associated with MCE’s PCP in 2035:
● NOx: 64 tonnes/yr
● PM 2.5: 28 tonnes/yr
AI#08_Att.: MCE 2022 CPUC Compliance Integrated Resource Plan AI#08_Att.: MCE 2022 CPUC Compliance Integrated Resource Plan AI#08_Att.: MCE 2022 CPUC Compliance Integrated Resource Plan 27 6013314103 Bay Point Contra Costa 94565 5629 1,552 61 1,613 6013314104 Bay Point Contra Costa 94565 9278 2,217 121 2,338 6013336201 Concord Contra Costa 94520 4056 1,161 21 1,182 6013320001 Martinez Contra Costa 94553 3671 1,092 262 1,354 6013365002 North Richmond Contra Costa 94801 5590 1,213 126 1,339 6013302005 Oakley Contra Costa 94561 7290 2,051 184 2,235 6013309000 Pittsburg Contra Costa 94565 3546 1,275 175 1,450 6013310000 Pittsburg Contra Costa 94565 6257 1,646 135 1,781 6013311000 Pittsburg Contra Costa 94565 5329 1,473 67 1,540 6013312000 Pittsburg Contra Costa 94565 2243 626 82 708 6013313101 Pittsburg Contra Costa 94565 7178 2,580 491 3,071 6013313102 Pittsburg Contra Costa 94565 4595 1,341 123 1,464 6013314102 Pittsburg Contra Costa 94565 6561 1,184 33 1,217 6013373000 Richmond Contra Costa 94801 4468 897 90 987
6013375000 Richmond Contra Costa 94801 4897 1,050 96 1,146 6013376000 Richmond Contra Costa 94801 6245 1,557 78 1,635 6013377000 Richmond Contra Costa 94801 7323 2,123 168 2,291 6013379000 Richmond Contra Costa 94804 7003 1,508 203 1,711 6013380000 Richmond Contra Costa 94804 5931 2,860 380 3,240 6013381000 Richmond Contra Costa 94804 6521 1,708 191 1,899 6013382000 Richmond Contra Costa 94804 8159 1,540 114 1,654 6013392200 Richmond Contra Costa 94806 11304 2,829 172 3,001 6013358000 Rodeo Contra Costa 94572 6285 1,609 151 1,760 6013364002 San Pablo Contra Costa 94806 5531 1,693 36 1,729 AI#08_Att.: MCE 2022 CPUC Compliance Integrated Resource Plan 28 6013366001 San Pablo Contra Costa 94806 4514 1,117 34 1,151 6013366002 San Pablo Contra Costa 94806 6627 1,584 71 1,655 6013368001 San Pablo Contra Costa 94806 4817 1,236 85 1,321 6013368002 San Pablo Contra Costa 94806 3782 956 125 1,081 6013369001 San Pablo Contra Costa 94806 7254 2,026 240 2,266 6013314200 Unincorporated
Contra Costa
County Area
Contra Costa 94565 7748 1,473 50 1,523
6013315000 Unincorporated
Contra Costa
County Area
Contra Costa 94520 3862 1,077 811 1,888
6013327000 Unincorporated
Contra Costa
County Area
Contra Costa 94520 7430 1,627 1,001 2,628
6095252502 Fairfield Solano 94533 2106 596 281 877
6095250801 Unincorporated
Solano County
Area
Solano 94592 4135 1,079 45 1,124
6095252402 Unincorporated
Solano County
Area
Solano 94534 5549 1,470 361 1,831
6095253500 Unincorporated
Solano County
Area
Solano 94571 10676 308 323 631
6095250701 Vallejo Solano 94590 3529 767 196 963
6095250900 Vallejo Solano 94590 2654 1,133 344 1,477
6095251000 Vallejo Solano 94590 2654 1,122 69 1,191
6095251200 Vallejo Solano 94590 3663 1,068 222 1,290
6095251500 Vallejo Solano 94590 4326 1,362 348 1,710
6095251600 Vallejo Solano 94590 2580 1,086 123 1,209
6095251802 Vallejo Solano 94589 2770 927 406 1,333
AI#08_Att.: MCE 2022 CPUC Compliance Integrated Resource Plan 29 6095251901 Vallejo Solano 94589 5119 1,626 73 1,699
6095251902 Vallejo Solano 94589 6173 1,508 59 1,567
In total, MCE serves 54,897 customer accounts located within DACs. This represents approximately 9.5% of MCE’s total customer accounts (approximately 580,000).
MCE is dedicated to reducing pollution impacts and encouraging the development, health, and prosperity of DAC within and outside our service area. Our commitment is reflected in the practices, programs, and policies described below.
Green Access and Community Solar Connection Programs
MCE is collaborating with the Commission, Investor-owned Utilities (“IOU”), and other CCAs to develop community solar programs for customers in DACs. These programs will be supported by the development of an additional 5.92 MW of new, local, clean energy capacity.
The Green Access program will supply 100% renewable power to customers located in a DAC with an accompanying 20% bill discount. The program currently serves 3,000 customers, and MCE prioritizes customers who live in the highest scoring DACs and are currently participating in either the California Alternate Rates for Energy (“CARE”) or Family Electric Rate Assistance (“FERA”) discount program and need additional support to get caught up on their energy bills.
Eligible customers will be served by this 4.64 MW solar resource once it comes online, currently expected by December 2023.
The Community Solar Connection program will offer 100% solar energy and provide a 20% discount on the electricity portion of participating customers’ energy bills. This program also involves developing a solar project within 5 miles of a DAC to serve participating customers. At least 50% of the program’s participation capacity will be reserved for customers who are enrolled in CARE or FERA discount programs. Efforts to procure the 1.28 MW solar resource for this program are currently ongoing.
MCE estimates that it will be able to provide approximately 3,500 customers in DACs with bill discounts after both programs are up and running.
AI#08_Att.: MCE 2022 CPUC Compliance Integrated Resource Plan 30 Sustainable Workforce and Diversity Policy
In 2017, MCE’s Board approved a Sustainable Workforce and Diversity Policy33 to facilitate and encourage diversity and a sustainable workforce through its support for the following:
1. Fair compensation in direct hiring, renewable development projects, customer programs, and procurement services;
2. Development of locally generated renewable energy within the MCE service area;
3. Direct use of union members from multiple trades;
4. Quality training, apprenticeship, and pre-apprenticeship programs;
5. Direct use of local businesses in MCE’s service area;
6. Development of California-based job opportunities;
7. Business and workforce initiatives located in low-income and disadvantaged communities;
8. Direct use of Disabled Veteran-owned Business Enterprises (“DVBE”) and LGBT-owned Business Enterprises (“LGBTBE”);
9. Direct use of green and sustainable businesses; and
10. Direct hiring practices that promote diversity in the workplace.
More recently, in 2022 MCE adopted Sustainable Workforce Guidelines34 to create a more detailed plan for implementing its Sustainable Workforce and Diversity Policy, further demonstrating our commitment to procuring resources that benefit our customers, our planet, and our future. These guidelines outline how MCE integrates these priorities into PPAs with third parties, MCE-owned or MCE-led power generation projects, and MCE customer programs, services, supplies, and direct hiring. For example:
● When possible, MCE shall give preference to projects within MCE’s service area and to CBOs and local associations serving disadvantaged and low-income communities. ● MCE has three tiers of requirements for union labor depending on the location of proposed projects. Projects located in Contra Costa County and over 1 MW in size must adhere to the terms of the Project Labor Agreement (“PLA”) between MCE and International Brotherhood of Electrical Workers (“IBEW”) Local 302 (“MCE/IBEW PLA”).
Projects within Napa, Marin, or Solano County must participate in a PLA of similar 33 See MCE November 16, 2017, Board of Directors Meeting Packet, Agenda Item No. 7 Attachment A https://www.mcecleanenergy.org/wp-content/uploads/2020/05/MCE-Board-Meeting-Packet-November 2017.pdf. 34 See https://www.mcecleanenergy.org/wp-content/uploads/2022/05/MCE-Sustainable-Workforce-Guidelines 05122022.pdf.
AI#08_Att.: MCE 2022 CPUC Compliance Integrated Resource Plan 31 scope and requirements with participating unions for workforce hired as described in the MCE/IBEW PLA. Projects outside of MCE’s service area are encouraged to enter into project labor agreements of similar scope and requirements with participating unions for workforce as described in the MCE/IBEW PLA.
● For projects located in MCE’s service area, 50% of work hours are required to come from permanent residents who reside within the same county as the project. ● MCE will not accept any proposals for projects that rely on equipment or resources built with forced labor. MCE adopted this prohibition two years ahead of federal law, signed by President Biden in June 2022.
● Any renewable development project that is developed or owned by MCE qualifies as a public works project and requires prevailing wages to be paid.
These efforts have resulted in significant local developments. To date, MCE has helped build almost 48 MW of new renewable projects in our service area. All local projects over 1 MW were built with union labor. Additionally, in 2021 MCE launched two new community solar programs, Community Solar Connection and Green Access, both described above.
These programs offer qualifying customers living in a CalEnviroScreen-designated DAC access to 100% renewable energy and a 20% discount on their electricity bills for up to 20 years. Both programs will be supported by the development of additional new clean energy resources.
In developing its Compliance IRP, MCE carefully considered the impact of its resource procurement on DACs. MCE’s PCP minimizes the use of fossil-based resources and unspecified system power, reducing reliance on natural gas generators that have an impact on DACs.
Ad Hoc Workforce Development
Growing the green economy, supporting local contractors, and providing access to workforce development opportunities are core to MCE’s mission. One avenue for job creation is through energy efficiency, which lowers energy consumption and can save customers money while reducing greenhouse gas pollution and producing more equitable communities. Importantly, improving the built environment through energy efficiency also creates strong job opportunities, including among populations facing additional barriers to workforce entry.
Encouraging the creation of local green job opportunities is rooted in the history of MCE’s efforts to create more equitable communities, while also reducing GHG emissions through renewable energy projects and electrification of the built environment and the transportation sector. For example, MCE has:
● Partnered with the Marin City Community Development Corporation from 2012–2016 AI#08_Att.: MCE 2022 CPUC Compliance Integrated Resource Plan 32 to train 59 community members and connect them to solar installation and energy efficiency jobs.
● Partnered with RichmondBUILD in 2013, 2015, and later in 2021 to help 44 job seekers develop construction, numeracy, and literacy skills, and later connect them with related jobs for MCE Solar One and an LED retrofit project for city streetlights. ● Partnered with Rising Sun Center for Opportunity in 2012 and 2016 to train youth to provide no-cost energy and water-saving assessments in the cities of Richmond, El Cerrito, and San Pablo. More recently in 2021–22, helped customize a Rising Sun training construction curriculum to train five cohorts on green construction basics and give them an intro to electrification and energy storage systems. ● Coordinated the installation of a new call center in the City of Pittsburg through its contract with Calpine in 2017, and then partnered with Future Build in Pittsburg (a county workforce development program) to train students on call center basics, call handling, energy data, and more. Graduates of the training were offered positions at the new call center.
● Partnered with GRID Alternatives in 2021 to train six job seekers from Marin City and the Canal District on solar installation skills and provided them a paid stipend for their participation, to increase access and minimize barriers. ● Sponsored a collaboration with Puertas Abiertas Community Resource Center to develop a direct connection between local hard-to-reach communities and the opportunity to inform and engage with these communities on MCE programs and services, especially those programs developed specifically for underserved populations.
This program sponsorship was a workforce development opportunity for organization staff to learn more about renewable energy, energy efficiency, and environmental sustainability.
To deepen MCE’s commitment to creating equitable green jobs, MCE has been an active participant in the regional High Road Training Partnership (“HRTP”) led by the Rising Sun Center for Opportunity since 2021. The joint project aims to understand regional decarbonization labor market demands, workforce issues, and training needs; establish industry labor standards; and develop clear, accessible training pathways to building decarbonization jobs in the Bay Area, especially for entry-level and disadvantaged workers.
Together with other key partners — including the Association for Energy Affordability, Electrify My Home, Inclusive Economics, Eco Performance Builders, Building Electrification Institute, Bay Area Metro, GENTEC Services, Emerald Cities Collaborative, StopWaste, the Greenlining Institute, Construction Trades Workforce Initiative, the Cities of Berkeley and Oakland and the Association of Bay Area Governments — MCE staff collaborate and hear from leaders in the AI#08_Att.: MCE 2022 CPUC Compliance Integrated Resource Plan 33 industry to address important equity and access aspects of a renewable economy. As a member of the Equity and Public Agencies Working Groups, MCE staff work to lay the groundwork for this industry while improving agency programming.
Creating Energy Efficiency Jobs
In 2018, the CPUC awarded MCE $2.24 million through 2025 to offer a broad spectrum of opportunities to prepare the local workforce for careers in energy efficiency. This funding allows MCE to streamline workforce investments into a sustainable pipeline of long-term green job opportunities for community members, while strengthening the local economy and contributing to a just transition to a clean energy economy. This path is especially important in communities where the fossil fuel industry has long been a primary employer for generations of families. To ensure that a decarbonized energy future provides economic opportunities for all, workforce programs like these are a necessary link to train for the skills needed to enter the green economy.
As a result, in 2020 MCE launched the Workforce, Education, and Training (“WE&T”) Program to create a geographically diverse pool of training partners able to provide job seekers with the skills necessary to be competitive in the energy efficiency and electrification sector. This program funds on-the-job training and up to 12 months of wrap-around services to support their transition to a new career in energy efficiency and electrification. While providing an onramp for job seekers, the WE&T Program concurrently allows vetted contractors working in MCE’s service area to be matched with these prequalified job seekers for 160 hours of no-cost project assistance and labor. By influencing both the supply side and demand side of this industry, MCE hopes to increase the number of skilled workers and strengthen the local labor market.
With engagement from local partners, community colleges, and the existing contractor workforce, MCE has developed an internship program to achieve the following goals:
● Upgrade the existing contractor workforce’s technical expertise on energy efficiency and electrification technology;
● Fund the training of job seekers;
● Match qualified job-seeker trainees with trained contractors and pay for a local internship in a “learn and earn” model; and
● Provide project site opportunities where the intern can install efficiency and electrification measures while helping MCE customers increase the efficiency, health, and safety of their homes and businesses.
AI#08_Att.: MCE 2022 CPUC Compliance Integrated Resource Plan 34 Long term, MCE hopes to solidify this trainee-to-employee pipeline so that it can continue investing in technical training, creating onramps to career pathways, providing job security, and building the economic health of member communities.
Equity in Power Purchasing
As of 2021, MCE’s Open Season solicitation encourages suppliers to consider community benefits and equity metrics when submitting offers. Some of the optional elements that MCE solicits in offers include:
● Support for educational programs, environmental justice initiatives, and workforce development and training initiatives;
● Participation of contractors, subcontractors, or businesses owned by disabled veterans;
● Projects located in a designated DAC or employing workers living in a designated DAC; and
● Use of components and materials manufactured or assembled in the United States.
In late 2020, when issues related to the use of forced labor for solar equipment production in Xinjiang, China, were reported, MCE incorporated new language into its PPA term sheets and contracts that prohibit MCE from contracting with facilities that rely on equipment or resources built with forced labor. This language was incorporated into MCE’s 2021 and 2022 Open Season, Green Access, and Community Solar Connection PPAs, and will continue to be an MCE procurement requirement.
Strategic Recruiting and Hiring Practices
Practices include targeted job postings, partnerships with community-based organizations (“CBOs”), education and employment organizations, physical attendance at job recruitment fairs, blind resume reviews, and the creation of diverse hiring panels. Some MCE jobs may substitute experience for education requirements. MCE has also tailored employee benefit packages to be more inclusive and to apply to a broad range of people.
Community Power Coalition
To facilitate direct community collaboration in the development, progress, and evolution of its mission MCE engages its Community Power Coalition (“CPC”). Formed in 2014, the CPC seeks to represent the interests of underrepresented and historically marginalized communities through collaboration and open dialogue with MCE. The CPC currently has over 40 members and meets every two months. MCE’s recruitment for the CPC prioritizes organizations that:
AI#08_Att.: MCE 2022 CPUC Compliance Integrated Resource Plan 35 ● Expand awareness and access to affordable renewable services; ● Accelerate the transition to a clean energy future through workforce development training opportunities;
● Develop inclusive programs and policies at MCE; and
● Identify just and equitable community collaboration opportunities aligned with MCE’s environmental justice values.
Adding these voices and their questions to the CPC working group deepens MCE’s understanding about the groups’ challenges and the measures or types of support that are needed. MCE’s CPC strengthens its connection to the community and offers expert advice on the needs of their constituents and how MCE can best support underserved customers and environmental equity through its programs, policies, and procurement.
Building Community Resiliency
To mitigate the impact of grid outages and Public Safety Power Shutoff (“PSPS”) events, and improve overall grid reliability, MCE’s Board of Directors approved a Resiliency Fund in 2019.
In 2020, MCE launched its Energy Storage Program to deploy up to 15 MWh of customer-sited battery storage systems that can provide backup power during grid outages and reduce GHG emissions and costs. This program prioritizes vulnerable customers and populations that are disproportionately affected by grid outages. The program leverages incentives from the CPUC’s Self-Generation Incentive Program (“SGIP”), coupled with gap funding and performance-based payments provided through MCE’s Resiliency Fund.
To extend the impact of this program, MCE is working with the Marin Community Foundation.
Through a three-year grant of $750,000 from the Buck Family Fund, this partnership is stretching MCE’s contributions to secure local resilience in Marin. These funds will be used to cover the costs for select critical facilities operated by nonprofits throughout Marin County to provide backup power to vulnerable communities during planned or unplanned outages.
As described above, on May 26th, 2022, MCE was approved to join the implementation of a $5 EPIC grant from the CEC to develop an Advanced Energy Community (“AEC”). The grant will be used to develop a pilot VPP within the City of Richmond. The goal of Richmond Advanced Energy Community is to connect 120 sites to the VPP including 10 rehabilitated homes, 90 homes occupied by low-to-middle income residents (which have already received solar systems from GRID Alternatives), 18 commercial sites, and 2 industrial sites. Combined, the 120 sites are expected to contribute 1 MW of solar, 2 MWh of energy storage, and 1.5 MW of flexible load by December 2024.
AI#08_Att.: MCE 2022 CPUC Compliance Integrated Resource Plan 36 The VPP will allow MCE to aggregate and dispatch DERs to manage critical peak loads, minimize procurement costs, and - as market opportunities evolve - generate value in wholesale markets.
Participants may not be enrolled in other DER aggregation or demand response programs.
Participants will receive modern appliances, bill savings, and bill credits. During later phases, this program may help MCE expand its role as a California Independent System Operator (“CAISO”) market participant by aggregating resources that can be dispatched into the CAISO market.
COVID-19 Customer Support
In response to the COVID-19 pandemic, MCE launched additional programs and services to support its customers. The $10 million MCE Cares Credit Program offers qualifying customers bill relief in the form of a $10 monthly bill credit for residential customers and a 20% monthly bill credit for small businesses. This program pairs with state discount programs and the Arrearage Management Program (“AMP”), in which MCE was an early participant.
MCE’s ongoing COVID relief efforts include suspension of collections; direct outreach to customers to encourage enrollment in existing discount and utility bill assistance programs; an education and awareness program to spread the word about community resources and programs for financial assistance; and free EV charging at MCE’s San Rafael office. The relief efforts were promoted online, via social media, with signage, and through local business and residents groups from early 2020 through the summer of 2022. MCE also launched two webpages providing a comprehensive list of COVID support resources for residential and small business customers, by county. In 2021, MCE partnered with local CBOs to distribute bill-savings program flyers in English and Spanish. e. Cost and Rate Analysis
MCE strives to minimize carbon emissions associated with the electricity it supplies to customers while maintaining competitive rates and minimizing customer bill impacts. MCE also prioritizes reliability and seeks a supply portfolio that minimizes risks related to transmission congestion, curtailments, project development risks, and other uncertainties that impose the potential for unanticipated costs. MCE’s PCP was developed with these goals in mind.
Resources were selected for least cost and best portfolio fit based on associated emissions, delivery profile, risk, commercial viability, and reliability. MCE considers both the direct resource costs (e.g., contract price) as well as the value of each resource in its portfolio, taking into account the different resource characteristics of the various portfolio options.
AI#08_Att.: MCE 2022 CPUC Compliance Integrated Resource Plan 37 MCE modeled the expected portfolio costs of its PCP to evaluate cost and rate impacts on customers. The results of this cost analysis are illustrated in the figure below. System average portfolio costs are projected to increase through 2024, decline from 2025 through 2028, and slowly increase from 2029 through 2035. The compounded annual rate of growth (nominal dollars) between 2022 and 2035 is 0.5%, which is below the expected rate of inflation. The near-term cost increases are primarily driven by high prevailing CAISO energy costs, which are influenced by the significant increase in natural gas prices since the beginning of 2022.
Exceptionally high resource adequacy costs are also driving increases in MCE’s average portfolio costs. These cost pressures are expected to moderate as new resources are developed and displace more expensive purchases from the short-term markets. It must be noted that the projected portfolio costs are dependent on assumed costs for new resources, and these are subject to considerable uncertainty. MCE engages in competitive solicitations for resource selection and makes resource decisions based on prices offered to it during these solicitations.
MCE has observed very little stability in offered resource prices over time as market conditions and external events such as procurement orders, trade tariffs, tax policy and supply chain conditions impact resource costs that are available at any point in time. If these events persist, or additional external events (e.g., new procurement orders) occur, the average portfolio costs may instead continue to increase in excess of MCE’s current projections. While MCE’s PCP provides a helpful framework for procurement decisions going forward, MCE must remain flexible to respond to market conditions or technological changes as circumstances change.
MCE will take steps to minimize bill impacts, but near-term rate increases may be necessary to accommodate increased procurement costs.
In evaluating new resource commitments, MCE seeks generation and/or storage projects that meet portfolio fit considerations and that have positive net present value in consideration of expected contract costs and the value of the energy, reliability, and environmental attributes provided by the project. Such projects help reduce consumer costs relative to alternative sources of energy and capacity.
New resources were selected for the PCP with the goal of minimizing ratepayer impacts, while meeting reliability and environmental policy goals. MCE’s plan diversifies across different renewable and low-carbon generation technologies with the goal of reducing use of system energy, thereby reducing market risk and emissions. MCE selected new resources that provide reliability and low emissions (e.g., geothermal) and other carbon-free technologies that have low expected costs (e.g., wind), which in conjunction with resources already under contract provide a least-cost, best-fit portfolio solution. In modeling expected ratepayer costs, MCE generally used cost assumptions consistent with RESOLVE modeling and the PSP. While not the lowest cost resource option, geothermal resources were included in the PCP to provide AI#08_Att.: MCE 2022 CPUC Compliance Integrated Resource Plan 38 reliability benefits from additional clean, firm resources. These resources have relatively low GHG emissions, and their ability to reliably produce energy on a near 24X7 basis warrants a role despite somewhat higher costs. Technological diversification in use of resources capable of providing firm energy reduces ratepayer risk that could arise from overdependence on new technologies such as long duration storage. The PCP includes lower cost wind resources to help minimize ratepayer impacts while meeting environmental and reliability objectives. MCE’s PCP also minimizes exposure to volatile natural gas and system power prices and the bill impacts that can result from periodic spikes in fossil fuel prices. f. System Reliability Analysis
AI#08_Att.: MCE 2022 CPUC Compliance Integrated Resource Plan 39 AI#08_Att.: MCE 2022 CPUC Compliance Integrated Resource Plan AI#08_Att.: MCE 2022 CPUC Compliance Integrated Resource Plan AI#08_Att.: MCE 2022 CPUC Compliance Integrated Resource Plan AI#08_Att.: MCE 2022 CPUC Compliance Integrated Resource Plan 43 renewable generation MCE has added to the grid and the additional approximately 500 MW36 of new build that MCE currently has under contract and that will be coming online by mid-decade. Further, as demonstrated in MCE’s PCP, which covers the full planning horizon, MCE will continue to drive significant new resource development, which will have a corresponding decrease in MCE’s planned use of existing resources.
As compared to MCE’s 2020 IRP, planned reliance on existing resources in 2030 has declined from 754 MW to 503 MW. Under MCE’s PCP, existing resources are planned to make up less than half of MCE’s total portfolio NQC in 2035. These existing resources include renewable resources that are already online and under contract, expected allocations of CAM resources from the PG&E portfolio, and expected resource adequacy contracts with existing generators.
Particularly during this energy transition and the need for renewables integration, it is reasonable and necessary to assume continued use of existing resources in light of studies indicating the importance of retaining existing resources to ensure grid reliability. The 2021 PSP, for example, shows retention of much of the existing natural gas fleet. MCE’s planned reduction in use of existing resources from 100% today to less than 50% in 2035, however, accommodates planned generator retirements and provides a reasonable transition away from fossil fueled capacity toward storage and other non-GHG-emitting technologies. MCE utilizes various procurement strategies to ensure access to resources in the market, including multi-year forward contracting with new and existing resources. i. Hydro Generation Risk Management
In developing its PCP, MCE took the following three key steps to manage the risk of reduced hydro-electric availability due to in-state drought:
● First, MCE reduced its overall reliance on large hydro-electric generation by adopting ambitious 2035 targets for renewable energy (which excludes large hydro-electric).
More specifically, MCE’s PCP in 2035 consists of 87% eligible renewable generation, which will limit its large hydro-electric procurement to 13% or less. This compares to MCE’s current use of large hydro for up to 40% of its electricity supply. MCE’s 87% renewable energy target significantly exceeds its current 60% level, and it also exceeds the 85% target that MCE submitted to the Commission in its 2021 Compliance IRP. ● Second, to the extent hydro-electric fits into the portfolio, MCE has an established network of Pacific Northwest hydro suppliers, including entities that have substantial 36 This number does not include incremental Shed Demand Response that MCE recently secured under contract (i.e., 15 MW of September NQC that is eligible incremental capacity under D.19-11-016).
AI#08_Att.: MCE 2022 CPUC Compliance Integrated Resource Plan 44 ACS energy volumes. As a result of these substantial ACS volumes, suppliers are able to sell MCE reliable, firm volumes.
● Third, MCE has the ability to take deliveries of hydropower outside of the CAISO and schedule/import such volumes into the CAISO on its own, as a purchasing-selling entity registered with the North American Electric Reliability Corporation (“NERC”)-affiliated North American Energy Standards Board (“NAESB”). This substantially increases MCE’s flexibility as a counterparty and therefore provides MCE increased access to greater volumes of non-California hydro-electric resources from suppliers that may not be willing, themselves, to be the importer of record.
To the extent that hydro supply is unavailable, MCE would plan to use other sources of low carbon or carbon-free energy, which may include additional qualifying renewable energy.
Considering the relatively small volume of planned large hydro, the cost impacts of supply unavailability is limited. At the extreme, if MCE needed to replace its entire planned large hydro-electric energy with a renewable energy source such as wind, the cost impact to the portfolio is estimated to be less than 10%. A more realistic drought scenario would have cost impacts in the range of 0% to 5%. Moreover, the PSP’s hydro-electric energy resources are planned as energy-only. As such, there would be no direct reliability impacts to MCE’s PSP in the event of drought, although there may be system-wide reliability impacts to the extent that other LSEs utilize large hydro-electric resources for capacity purposes.
One technique MCE uses to manage variable hydro conditions is to include planned margins of over procurement in its hydro-electric purchasing strategy. These reserve margins apply to forward procurement and are gradually released as better information about hydro-electric availability becomes known.
j. Long-Duration Storage Planning
MCE is planning significant new battery storage capacity to help balance load and supply as it integrates a greater percentage of renewable energy into its supply mix and continues to reduce reliance on natural gas generation capacity. MCE sees a greater need and role for long-duration storage as the grid continues to evolve. To address this need, MCE is procuring to meet its long-duration storage requirement under D.21-06-035 (i.e., 29 MW of NQC) and anticipates procuring an additional 50 MW NQC of long-duration storage resources in the 2030 to 2035 timeframe.
In MCE’s view, battery storage technology is currently the most commercially viable technology to qualify for this long-duration attribute. However, MCE is also evaluating other technologies that have long-duration storage capability as well. Technology performance risk is the biggest AI#08_Att.: MCE 2022 CPUC Compliance Integrated Resource Plan 45 unknown at present because, with the exception of pumped hydro storage, there is no track record for utility scale, long-duration storage. MCE expects rapid technological improvement in battery storage as the industry continues to scale-up and anticipates declining costs in the longer-term. In the short-term, however, costs are increasing, and project opportunities are limited, particularly when the procurement is on accelerated procurement timelines. These factors may impact the pace at which MCE adds storage to its resource portfolio. k. Clean Firm Power Planning
MCE has prioritized acquisition of clean firm resources beyond what is required under existing Commission procurement orders. Despite higher costs, clean firm resources provide reliable capacity and a higher-value energy delivery profile as compared to solar and other intermittent resources. MCE is planning for greater use of geothermal resources over time due to its low carbon emissions and high resource value. Unfortunately, supply of geothermal, and clean firm resources generally, is very limited in California, and the cost of new-build resources is significantly higher. Clean firm energy imported from other balancing areas is complicated by transmission availability and the need to obtain equivalent Maximum Import Capability (“MIC”) through the CAISO in order to utilize the capacity under the resource adequacy program.
Despite these challenges to their expanded use, clean firm resources are important contributors to reliability and offer operational attributes that cannot be replicated by current-technology storage or other resource types. To develop these resources cost-effectively and efficiently, California LSEs will need the commitment of regulatory agencies and CAISO to facilitate this resource development by ensuring regulatory procedures and requirements align with market realities and that the transmission infrastructure necessary for this development is available and accessible to California LSEs.
l. Out-of-State Wind Planning
MCE’s PCP includes 70 MW of new, out-of-state wind, assumed to be located in New Mexico, with deliveries commencing in 2030. The choice of New Mexico wind is not intended to reflect a definitive plan for procurement from this area, and other locations for future wind projects are possible. New Mexico was selected as a likely source based on MCE’s review of wind projects that have been offered in recent solicitations. These opportunities utilize existing firm transmission routes into the CAISO. However, MCE observes the significant potential in the PSP for wind located in Wyoming and Idaho, as well as transmission projects being planned that would allow for delivery of this resource to California, which would indicate opportunities to contract for new wind from these areas should be prevalent in the 2030 timeframe provided the planning and construction of the Southwest Intertie Project-North (“SWIP-North”) transmission line proceeds expeditiously. Absent certainty that the SWIP-North transmission AI#08_Att.: MCE 2022 CPUC Compliance Integrated Resource Plan 46 line will be available with the appropriate level of import allocations and deliverability assurances for California LSEs, it will be difficult, or impossible to invest in this region’s renewable generation potential.
m. Offshore Wind Planning
MCE’s PCP includes 95 MW of offshore wind, assumed to be located at Morro Bay, with deliveries commencing in 2033. MCE has not yet seen any proposed opportunities to contract for offshore wind and is basing its planning assumption on the significant potential indicated in the PSP. Offshore wind appears to be a high potential resource with relatively high-capacity factors and resource adequacy values. At this time, costs of offshore wind development and maintenance infrastructure are largely unknown. As such, cost and development timelines pose the greatest risk to utilization of this resource. Despite these near-and possible near-term barriers to progress on this front, MCE is monitoring the issue as it evolves, and procurement of offshore wind becomes feasible.
n. Transmission Planning
i. New Projects
This section describes new generation projects that are under development and planned projects that have been specifically identified through MCE’s procurement processes where there is sufficient locational specificity that could be useful to the transmission planning process.
ii. Projects Under Development
Strauss Wind, LLC
This is a new-build wind project. The expected commercial operation date (“COD”) is in 2023, and MCE intends to apply this resource towards its procurement requirements under D.19-11-016. The project is located in Santa Barbara County.
The interconnection queue position is WDT-1320. All transmission upgrades needed for this project have been completed. The Strauss Wind project is represented in both the 30MMT and 25MMT RDTs, respectively, as incremental capacity. Please refer to row 41 of the unique_contracts tab in MCE’s RDTs.
Golden Fields Solar IV, LLC
AI#08_Att.: MCE 2022 CPUC Compliance Integrated Resource Plan 47 This is a new-build hybrid project located in Kern County that pairs 100 MW of solar with 92 MW four-hour battery storage. The project has an expected COD of March 2025 and is intended to apply towards MCE’s mid-term reliability (“MTR”) requirements under D.21-06-035. The interconnection queue position for this resource is Q-1211, and the project will connect at the Southern California Edison (“SCE”) Whirlwind 230 kV substation. Transmission upgrades needed for this project are expected to be completed in October 2024. These transmission upgrades are described in Appendix A to the Large Generator Interconnection Agreement (“LGIA”) and include participating transmission owner (i.e., SCE) reliability network upgrades.
The Golden Fields Solar project is represented in both the 30MMT and 25MMT RDTs, respectively, as incremental capacity. Please refer to row 51 of the unique_ contracts tab in MCE’s RDTs.
Daggett Solar Power 3, LLC
This is a new-build hybrid project located in San Bernardino County that pairs 110 MW of solar with 60 MW of four-hour battery. The project has an expected COD of August 2023, and MCE intends to apply this capacity towards its MTR requirements under D.21-06-035. The interconnection queue position is Q-1314, and the project will connect at Kramer Substation 220kV switchrack. Transmission upgrades needed for this project are expected to be completed in December 2022. These transmission upgrades are described in Appendix A to the LGIA and include participating transmission owner (i.e., SCE) reliability network upgrades. The Daggett Solar Power project is represented in both the 30MMT and 25MMT RDTs, respectively, as incremental capacity. Please refer to row 55 of the unique_ contracts tab in MCE’s RDTs.
Hecate Grid Humidor Storage 185, LLC
This new 185 MW four-hour battery storage project has an expected COD of April 2024 and will be located in Los Angeles County. MCE intends to apply this capacity towards its MTR requirements under D.21-06-035. The interconnection queue position is Q-1629, and the project will connect at SCE Vincent Substation, 220kV Bus. Transmission upgrades needed for this project are expected to be completed in Q4 2023. These transmission upgrades include extending the existing 230kV bay within the substation and installing an intermediate structure to connect to the Point of Interconnection (“POI”) riser outside of the substation. The Hecate Grid Humidor Storage project is represented in both the 30MMT and 25MMT RDTs, AI#08_Att.: MCE 2022 CPUC Compliance Integrated Resource Plan 48 respectively, as incremental capacity. Please refer to row 64 of the unique_ contracts tab in MCE’s RDTs.
RPCA Solar 3 - Byron Highway Solar
This is a new-build 5 MW solar project located in Contra Costa County. The project has an expected COD of November 2022. The interconnection queue position is 2296-WD, and the project will connect at Brentwood distribution substation. All transmission upgrades needed for this project have been completed. The RPCA Solar 3-Byron Highway Solar project is represented in both the 30MMT and 25MMT RDTs, respectively. Please refer to row 40 of the unique_contracts tab in MCE’s RDTs.
Ranch Sereno Clean Power, LLC
This is a new build 2MW solar project with 0.8 MW of four-hour battery storage. The project is located in Contra Costa County and has an expected COD of February 2024. The interconnection queue position is 2597-WD, and the project will connect at PG&E’s Brentwood distribution substation. No transmission upgrades are required for this project. The Ranch Sereno Clean Power project is represented in both the 30MMT and 25MMT RDTs, respectively. Please refer to row 52 of the unique_contracts tab in MCE’s RDTs.
CES Electron One Farm, LLC
This new-build project consists of two solar projects sized at 4.4 MW and 0.24 MW.
The projects are located within specified Disadvantaged Community areas in Fresno County and have an expected COD of December 2023. The interconnection queue position is 2226-WD, and the project will connect at PG&E’s Panoche distribution substation. No transmission upgrades are required for this project. The CES Electron One Farm project is represented in both the 30MMT and 25MMT RDTs, respectively.
Please refer to rows 53 and 54 of the unique_contracts tab in MCE’s RDTs. iii. Projects Under Review
AI#08_Att.: MCE 2022 CPUC Compliance Integrated Resource Plan 49 iv. Planned New (Generic) Projects
The following projects included in the PCP are generic in nature. Locations and technology resource types are subject to change as MCE advances in its procurement.
OS22 New Wind 2026
This generic 100 MW wind project with initial deliveries commencing in 2026 is assumed to be located in the Tehachapi area.
Generic LT Wind NM 2030
This generic 70 MW wind project with initial deliveries commencing in 2030 is assumed to be located in New Mexico. Please see subsections iv. and v., below, for additional details on planning assumptions for this project.
Generic LT Wind 2033
This generic 95 MW wind project with initial deliveries commencing in 2033 is assumed to be located offshore of Morro Bay. Please see subsections iv and v, below, for additional details on planning assumptions for this project.
Generic LT Geothermal 2030
This generic 75 MW geothermal project with initial deliveries commencing in 2030 is assumed to be located in the Imperial Valley.
MTR LDS 2026
This generic eight-hour battery storage project with initial operation commencing in 2026 is assumed to be located in Contra Costa.
AI#08_Att.: MCE 2022 CPUC Compliance Integrated Resource Plan 50 Generic LDS 2030
This generic eight-hour battery storage project with initial operation commencing in 2030 is assumed to be located in Contra Costa County.
Generic 4 Hour Storage 2028
This generic four-hour battery storage project with initial operation commencing in 2028 is assumed to be located in Solano County.
Generic 4 Hour Storage 2034
This generic four-hour battery storage project with initial operation commencing in 2034 is assumed to be located in Napa County.
IV. Action Plan
a. Proposed Procurement Activities and Potential Barriers To achieve its PCP over the planning horizon, MCE plans to steadily procure volumes at regular intervals to allow MCE to keep within its established position limits and avoid concentrated procurement during any particular market environment. This is consistent with MCE’s risk management approach to spread out the potential cost risks that may be at play in the market at any given year, while maximizing the potential for MCE to optimally procure. At a high level, MCE plans to procure renewables and storage, large hydro-electric and ACS, RA (including incremental capacity required by the Commission) and load-hedging products.
MCE’s goal is to procure such products in a manner that is cost effective, achieves emissions and reliability objectives, and supports a well-balanced and optimal resource portfolio.
To support this goal, MCE also considers the following strategies:
Joint Solicitations
Joint solicitations can expand the procurement opportunities available to a CCA, as well as provide procedural efficiencies, economies of scale, and overall cost savings for participating organizations. MCE is closely networked with other CCAs through its membership in the California Community Choice Association (“CalCCA”), the trade organization representing California’s CCA sector, and regularly coordinates with other CCAs regarding prospective AI#08_Att.: MCE 2022 CPUC Compliance Integrated Resource Plan 51 procurement opportunities and portfolio balancing activities.
Optimizing Existing Procurement
As MCE considers its long-term resource needs, it will evaluate options in its future PPAs to increase output through either facility upgrades or adding new capacity to the generating facility. Expanding existing facilities may provide additional generation at reduced costs with a lower risk of project failure because the need for distribution system upgrades and permitting may be reduced. However, MCE has experienced some challenges as it pertains to transmission upgrades and deliverability of new capacity on to the grid. MCE continues to engage with relevant stakeholders and developers to evaluate the feasibility of such expansions for implementation.
Annual Energy Solicitations
In addition to periodic joint solicitations, MCE will also run targeted solicitations in the upcoming years to further optimize its current portfolio needs. Such solicitations may provide MCE with flexibility and potential to meet specific portfolio needs and obligations unique to MCE.
MCE also considers the deliverability characteristics of its resources (including the expected delivery profile, available capacity and dispatchability attributes, if any, associated with each of its generating resource and/or supply agreements) and reviews the respective risks associated with short- and long-term purchases as part of its forecasting and procurement processes.
These risk evaluations include, but are not limited to, transmission availability, MIC allocation, and exposure to global supply and market forces.
These efforts lead to a more diverse resource mix, help to address grid integration issues, improve the probability of project delivery, and provide value to MCE’s member communities through reduced costs and support in achieving planned procurement objectives.
MCE has a well-established procurement process that it will use to steadily achieve its PCP over the next twelve years (i.e., by 2035). This process is used by MCE in executing all its planned new resources. MCE’s procurement process includes the following ten key activities:
1. Load forecasting based on the number and types of customers, potential service territory expansions, opt-out rates, electrification trends, demand-side resources and weather;
2. Integrated resource planning based on load forecasts, renewables and emissions targets, agency-wide budgetary considerations and customer rate implications, AI#08_Att.: MCE 2022 CPUC Compliance Integrated Resource Plan 52 long- term contracting requirements and goals for new steel in the ground, grid reliability needs and capacity requirements, market price hedging needs and goals for local resources, local resiliency and local workforce development;
3. Calculating open positions and interim volumetric needs based on MCE’s risk management policies;
4. Soliciting volumetric needs through RFOs, bilateral discussions or brokers;
5. Evaluating offers using a combination of proprietary and public models;
6. Negotiating (and ultimately executing) power purchase agreements, enabling agreements and confirms – including credit provisions and collateral requirements;
7. Managing pre-COD executed contracts and monitoring progress towards key development milestones (such as interconnection status, deliverability studies, siting, zoning, permitting, financing, construction, commercial operation, etc.)
8. Managing post-COD executed contracts: obtaining generation forecasts, bidding/scheduling resources into the CAISO markets, validating and paying invoices, etc.;
9. Bidding/scheduling MCE’s load into the CAISO markets; and
10. Regulatory compliance reporting.
With respect to activity number four listed directly above, MCE plans to conduct an annual “open season” RFO in the first half of each year for new renewable generation and storage projects. MCE anticipates that the majority of its open seasons over the next several years will result in executed long-term PPAs for new renewables and/or storage, and MCE anticipates that such projects will achieve commercial operation within 3 years of contract execution. In these solicitations for long-term renewable energy and storage, MCE imposes numerous bid requirements on interested respondents. These requirements address a variety of considerations and are intended to identify the best qualified suppliers of MCE’s long-term renewable energy needs. Such requirements include:
1. Overall quality of response, inclusive of completeness, timeliness, and conformity;
2. Price and relative value within MCE’s supply portfolio;
3. Project location and local benefits, including local hiring and prevailing wage considerations;
4. Project development status, including but not limited to progress toward interconnection, deliverability, siting, zoning, permitting, and financing requirements;
5. Qualifications, experience, financial stability, and structure of the prospective project team (including its ownership);
6. Environmental impacts and related mitigation requirements, including impacts to air pollution within communities that have been disproportionately impacted by the AI#08_Att.: MCE 2022 CPUC Compliance Integrated Resource Plan 53 existing generating fleet;
7. Potential impacts to grid reliability;
8. Acceptance of MCE’s standard contract terms; and
9. Development milestone schedule, if applicable.
In addition, MCE is planning to solicit offers periodically throughout each year for short term renewable energy, large hydro-electric and ACS, resource adequacy and load-hedging products needed to balance the portfolio and adhere to position limits established through MCE’s risk management policy and practices.
MCE uses a portfolio risk management approach in its power purchasing program, seeking low-cost supply, based on then-current market conditions, as well as diversity among technologies, production profiles, project sizes and locations, counterparties, lengths of contract, and timing of market purchases.
A key component of this process relates to the analysis and consideration of MCE’s forward load obligations and existing supply commitments with the objectives of closely balancing supply and demand, cost/rate stability and overall budgetary impacts, while leaving some flexibility to take advantage of market opportunities and technological improvements that may arise over time. MCE monitors its open positions separately for each renewable generating technology, GHG-free resources, conventional resources, and its aggregate supply portfolio.
MCE maintains portfolio coverage targets of up to 100% of expected customer energy requirements in the near-term (0 to 2 years). Typically, MCE has gradually larger open positions in the mid- to long-term, consistent with generally accepted industry practices.
In addition to the planned and proposed procurement activities, MCE also takes into consideration the various barriers that may impact the success of its planned renewable projects. Some of the potential barriers for each of the new resources identified in MCE’s PCP include:
1. New Wind: The current market conditions have made new in-state wind resources scarce, which has led to a price premium and escalated cost risks on any available in-state wind resources. In addition, the transmission constraints and limited MIC allocation for out of state wind has made it difficult to negotiate and plan for new resources due to the uncertainty of deliverability.
2. New Geothermal: Due to the scarcity of new geothermal projects in-state and the uncertainty of deliverability and transmission of out of state geothermal projects, there has been an unprecedented competition on available geothermal, causing an ever-increasing upwards pressure in price. If this trend continues it may impact MCE’s ability AI#08_Att.: MCE 2022 CPUC Compliance Integrated Resource Plan 54 to procure new geothermal resources in the near-term.
3. Hybrid Resources: Currently, most hybrid resources primarily consist of intermittent resources like solar. As solar is highly affected by global supply chain issues, most planned projects are facing upward pressures in cost and are consequently facing further delays.
4. Storage: Similarly, to hybrid resources, global supply chain issues and the scarcity of the raw materials required for battery production, there is risk and uncertainty in prices and expected delivery dates that may negatively impact MCE’s planned portfolio and budgeted costs.
MCE continuously monitors the developments in the market and engages with various market stakeholders including the Commission, CAISO, and other CCAs, to strategize and find solutions to the various barriers and the risks associated with new clean energy procurement.
Throughout the planning period MCE will continue to proactively evaluate its planned procurement and make necessary adjustments to meet its portfolio needs as determined by MCE’s Board and its operational and compliance needs.
i. Resources to meet D.19-11-016 procurement requirements In D.19-11-016, the Commission ordered LSEs to collectively procure a total of 3,300 MW of incremental system capacity by 2023, with specific procurement obligations allocated to each LSE. As part of MCE’s contribution to system reliability and renewable integration needs, MCE is committed to self-providing its share of the identified system capacity need.37 MCE’s assigned share is 87.5 MW,38 50% of which was online by August 1, 2021, 75% of which was online by August 1, 2022, and 100% of which is expected to be online by August 1, 2023.
D.19-11-016 Procurement Progress Report
MCE has executed agreements that will satisfy MCE’s 2021, 2022 and 2023 incremental capacity requirements under D.19-11-016. As of the date of this filing, MCE has 108.77 MW39 of 37 Marin Clean Energy’s February 15, 2020, Integrated Procurement Planning Progress Report Pursuant to Decision 19-11-016 Adopted in Rulemaking 16-02-007 filed February 18, 2020. 38D.19-11-016 at Ordering Paragraph 3.
39 For consistency purposes, MCE is calculating September NQC based on the most recent ELCC factors adopted in D.22-08-039 and the September NQC assigned to MCE’s resources in the RDTs. However, using the more conservative NQC values, MCE has 101.9 MW of NQC either online or under contract to meet its D.19-11-016 requirement. This capacity includes a recently executed agreement for incremental capacity. However, due to the Commission’s August 1, 2022, cutoff for contracts, MCE includes this contact in its RDTs as a resource under review (see unique_contracts tab of the RDT Row 115) but includes this capacity in this progress report to provide the Commission the most up-to-date information on its D.19-11-016 procurement. MCE will reflect this resource as in AI#08_Att.: MCE 2022 CPUC Compliance Integrated Resource Plan 55 September NQC under contract; this is NQC not included on the baseline resource list adopted in Rulemaking 16-02-00740 and exceeds MCE’s 87.5 MW incremental capacity requirement. The projects reflected in these contracts are either already online or expected to be online in advance of August 1, 2023.
MCE also provides a narrative description of specific incremental procurement efforts below, which is consistent with the information MCE provides the CPUC in its bi-annual D.19-11-016 compliance filings.
Sutter Energy Center
The Sutter Energy Center project has been online since January 1, 2021 under a 3-year Purchase & Sale Agreement between MCE and Calpine Energy Services, L.P.. The period for this agreement began on January 1, 2021 and will continue through December 31, 2023, which is consistent with D.19-11-016’s requirement that commitments based on existing resources must “stay in place at least through the end of the resource adequacy summer months of 2023.”41 Additionally, D.19-11-016 defines the Sutter Energy Center as an incremental capacity resource.42 Although physically located outside of the CAISO balancing authority, D.19-11-016 also indicates that Sutter Energy Center is not an import for purposes of the capacity procurement ordered by the decision and thus not subject to the D.19-11-016’s 20% limitation on import resources.43
Sutter Energy Center adds 69.55 MW of incremental capacity to the system from January 2021 through 2023. As such, this project satisfied both MCE’s 2021 and 2022 requirements.
The Sutter Energy Center is represented in both the 30MMT and 25MMT RDTs, respectively, as incremental capacity. For this resource, please refer to row 59 of the unique_contracts tab in MCE’s RDTs.
Strauss Wind, LCC
In 2018 MCE executed an Amended and Restated Renewable Power Purchase Agreement with Development in its next D.19-11-016 RDT compliance filing. Under either NQC methodology, MCE has more than its share of incremental capacity under contract for purposes of D.19-11-016. 40 See Administrative Law Judge’s Ruling Finalizing Baseline for Purposes of Procurement Required by Decision 19-11-016 filed January 3, 2020, Rulemaking 16-02-007. 41D.19-11-016 at 47.
42D.19-11-016 at Ordering Paragraph 6.
43 Id.
AI#08_Att.: MCE 2022 CPUC Compliance Integrated Resource Plan AI#08_Att.: MCE 2022 CPUC Compliance Integrated Resource Plan 57 additional 3.39MW of September NQC under the current framework and according to the September NQC assigned in the RDTs. This is incremental capacity that is not reflected on the baseline resource list. As such, the Redwood Landfill project applies towards MCE’s incremental system capacity procurement compliance requirement.
The Redwood Landfill project is represented in both the 30MMT and 25MMT RDTs, respectively, as incremental capacity. For this resource, please refer to row 7 of the unique _contracts tab in MCE’s RDTs.
i. Resources to meet D.21-06-035 procurement requirements, including:
a. 1,000 MW of firm zero-emitting resource requirements b. 1,000 MW of long-duration storage resource requirements c. 2,500 MW of zero-emissions generation, generation paired with storage, or demand response resource requirements
In D.21-06-035, the Commission ordered LSEs to collectively procure a total of 11,500 MW of incremental system capacity by 2026, with specific procurement obligations allocated to each LSE to support mid-term system reliability needs. MCE’s assigned share of this procurement is 332 MW of NQC,46 58 MW of which must be online by August 1, 2023, an additional 173 MW of which must be online by June 1, 2024, an additional 43 MW of which must be online by June 1, 2025, and an additional 58 MW of which must be online by June 1, 2026.
MTR Procurement Progress Report
MCE has executed agreements that MCE expects will satisfy its 2023, 2024 and 2025 incremental capacity requirements. As of the date of this filing, MCE has 308.7 MW of eligible NQC under contract towards its D.21-06-035 requirement, which represents 395 MWs of nameplate capacity.
MCE’s completed procurement towards its D.21-06-035 requirement is reflected in MCE’s 25 MMT and 30 MMT RDTs, respectively. MCE also provides a narrative description of specific incremental procurement efforts below.
46D.21-06-035 at 56.
AI#08_Att.: MCE 2022 CPUC Compliance Integrated Resource Plan 58 Long-Duration Storage (MCE Requirement = 29 MW of NQC)
Zero Emissions Generation (MCE Requirement = 274 MW of NQC) ● Golden Fields Solar IV
MCE executed a contract with Clearway Energy Group on February 4, 2022, for a new-build hybrid project located in Kern County that pairs 100 MW of solar PV with 92 MW four-hour battery storage. This project has an expected COD of March 2025, and MCE expects to apply this resource to count for at least 75 MW of NQC towards its general MTR requirements under D.21-06-035, including towards MCE’s 72 MW of zero-emitting resources pursuant to Table 6 in D.21-06-035.47 The Golden Fields Solar project is represented in both the 30 MMT and 25 MMT RDTs, respectively, as incremental capacity. Please refer to row 51 of the unique_contracts tab in MCE’s RDTs. ● Daggett Solar Power 3, LLC
MCE executed a contract with Clearway Energy Group on September 25, 2020, for a new-build hybrid project in San Bernardino County that pairs 110 MW of solar PV with 60 MW four-hour battery storage. This project has an expected COD of August 2023, and MCE expects to apply this resource to count for at least 65.9 MW of NQC towards its MTR requirements under D.21-06-035, which also contributes towards MCE’s 72 MW 47 MCE expects this resource to provide at least 61.3 MW of DCPP replacement capacity. To apply towards both the general MTR requirements and MCE’s requirement to procure 72 MW of zero-emitting resources with certain availability requirements, MCE’s PPA for this project ensures that this hybrid resource will be designed to be capable of delivering 5 MWh of energy per every MW of claimed incremental capacity during the 5PM to 10PM period, daily.
AI#08_Att.: MCE 2022 CPUC Compliance Integrated Resource Plan 59 of zero-emitting resources pursuant to Table 6 in D.21-06-035.48 The Daggett Solar Power project is represented in both the 30MMT and 25MMT RDTs, respectively, as incremental capacity. Please refer to row 55 of the unique_contracts tab in MCE’s RDTs. ● Hecate Grid Humidor Storage
MCE executed a contract with Hecate Grid in August 2022 for a new 185 MW four-hour battery storage project in Los Angeles County. This project has an expected COD of April 2023, and MCE expects to apply this resource to count for at least 167.8 MW of NQC towards its MTR requirements under D.21-06-035. The Hecate Grid Humidor Storage project is represented in both the 30 MMT and 25 MMT RDTs, respectively, as incremental capacity. Please refer to row 64 of the unique_contracts tab in MCE’s RDTs. i. All other procurement requirements
Open Season RFO
After counting the above-mentioned resources
To fill any current and future open positions, MCE issues annual open season RFOs, which seek to fill approximately 350 GWh of annual energy needs, including any incremental procurement that might be needed to meet D.21-06-035. These RFOs request offers for Portfolio Content Category 1 Renewable Energy and stand-alone, front-of-the-meter energy storage. MCE is in the final stages of completing power purchase agreements with selected respondents from 2021 RFO and expects to procure significant volumes of hybrid resources, all of which will be agreements of at least 10 years in duration. In addition, MCE expects to count these 2021 and future RFOs projects towards any future Commission-directed incremental capacity obligations. While MCE does not anticipate that the new projects will be needed for MCE’s share of capacity requirements identified in D.21-06-035, they may provide back up to the projects identified above.
Because these resources are expected/planned, and not currently contracted for, these resources are reflected as “review,” “PlannedExisting,” and “PlannedNew”resources in both the 30 MMT and 25 MMT Resource Data Templates.
48 MCE expects this resource to provide at least 48 MW of DCPP replacement capacity. To apply towards both the general MTR requirements and MCE’s requirement to procure 72 MW of zero-emitting resources with certain availability requirements, this hybrid resource is capable of delivering 5 MWh of energy per every MW of claimed incremental capacity during the 5PM to 10PM period, daily.
AI#08_Att.: MCE 2022 CPUC Compliance Integrated Resource Plan 60 ii. Offshore wind
MCEs PCP includes 95 MW of offshore wind, assumed to be located at Morro Bay, with deliveries commencing in 2033. MCE has not yet seen any proposed opportunities to contract for offshore wind and is basing its planning assumption on the significant potential indicated in the PSP. Offshore wind appears to be a high potential resource with relatively high-capacity factors and resource adequacy values. At this time, costs of offshore wind development are largely uncertain. As such, costs of offshore wind development and maintenance infrastructure pose the greatest risk to utilization of this resource. However, the completion of environmental impact review and filing a proposed sale notice for the Humboldt Wind Energy Area by the federal Bureau of Ocean Energy Management (“BOEM”) is an important initial step. MCE will continue to monitor the developments and will engage the various stakeholders involved, should an opportunity to purchase offshore wind arise.
iii. Out-of-state wind
MCE’s PCP includes 70 MW of planned new, out-of-state wind (“OOS”), with deliveries commencing in 2030. MCE has reviewed wind projects that have been offered in recent solicitations and understands that the transmission projects needed to connect OOS Wind to the CAISO grid require significant lead-times. OOS wind opportunities rely on existing firm transmission routes into the CAISO or construction of new transmission with the appropriate level of import allocations and deliverability assurances for California LSEs. Absence of such assurances make it difficult for MCE to realize the significant potential for wind located in Idaho, Wyoming, and New Mexico. Given the fact that OOS Wind is not needed until 2030, MCE believes that a careful and considered approach to potential OOS Wind projects is best. MCE will continue to monitor for opportunities to purchase such resources and will evaluate offers it receives during its annual open season process.
iv. Other renewable energy not described above
v. Other energy storage not described above
MCE is not actively planning for any additional energy storage investments beyond what is described above.
AI#08_Att.: MCE 2022 CPUC Compliance Integrated Resource Plan 61 vi. Other demand response not described above
In April 2021, MCE launched the Peak FLEXmarket, a first-of-its-kind program platform aimed at shifting energy use in its service area away from times of extreme demand. Following its initial pilot year, the program received $11 million in ratepayer funding from the CPUC for the summers of 2022 and 2023. Created in partnership with Recurve, the Peak FLEXmarket provides tools to measure hourly reductions in energy use that allows MCE to compensate businesses working locally with customers for energy savings during peak demand hours. The program is technology agnostic and incentivizes load reductions from a diverse group of technologies including batteries, managed EV charging, controls systems and behavioral/operational change. The Peak FLEXmarket incentivizes regular load shifting and also calls demand response events during periods of extreme grid stress. The Peak FLEXmarket has been included in MCE’s Energy Efficiency Business Plan Application for continued funding for the 2024-2027 timeframe.
MCE plans to expand this program to monitor and control other customer owned DERs.
In addition to the City of Richmond VPP described above, MCE continues to explore opportunities for demand response in its service area while facilitating third-party demand response programs. MCE customers are eligible for many of the demand response programs administered by PG&E, and MCE receives allocations from PG&E-administered programs.
Depending on the results of this analysis, MCE may launch new programs and possibly seek funding from other sources for more robust programs in this sector. vii. Other energy efficiency not described above
MCE is an administrator of California’s ratepayer-funded, energy efficiency programs alongside IOUs and Regional Energy Networks. Ratepayer funding is derived through collection of the Public Purpose Program charge from all electric service customers and is administered by the Commission. MCE has received Commission funding approval for energy efficiency programs to be administered through 2025 and currently administers programs in multifamily, single family, commercial, agriculture, and industrial sectors. Furthermore, MCE administers the Low-Income Families and Tenants (“LIFT”) Program, which serves income-qualified, multifamily properties and includes a fuel-switching component to incentivize property owners to replace gas-fired space and water heaters. The forecasted cumulative savings of MCE-administered energy efficiency programs are based on average life cycle savings.
AI#08_Att.: MCE 2022 CPUC Compliance Integrated Resource Plan 62 MCE also invests in multiple workforce development initiatives to encourage the growth of green jobs through the approval of its Energy Efficiency Business Plan. MCE also coordinates closely with PG&E to maximize community benefits.
MCE cumulative energy efficiency impacts (GWh)
viii.Other distributed generation not described above
Net Energy Metering and Rooftop Solar Rebates
Through its Net Energy Metering (“NEM”) program, MCE supports customer-sited distributed generation within its service area by offering above-market incentives including automatic cash-outs for surplus generation each year at twice the wholesale rate (up to $5,000). MCE’s NEM Program currently includes more than 63,528 customers (10.9% of all MCE accounts) with an aggregate-installed renewable generating capacity of approximately 642 MW.
Through 2021, MCE incentivized local rooftop solar development for low-income customers.
MCE has a long-standing partnership with California’s Single Family Affordable Solar Housing (“SASH”) program administrator, GRID Alternatives. By leveraging multiple sources of funding, GRID Alternatives installs these systems in disadvantaged communities at little to no cost for the customer. MCE contributed $900 per solar installation to qualifying low-income, single-family homeowners. MCE also offered a $0.41 per watt (AC) rebate to low-income, multifamily properties that install solar to benefit their tenants.
From 2012–2021, MCE allocated $725,000 toward these two rebate programs, and supported the installation of 688 residential solar PV systems on low-income multifamily homes. These AI#08_Att.: MCE 2022 CPUC Compliance Integrated Resource Plan 63 installations represent more than 1,400 kW of new, local, renewable capacity that helps reduce monthly energy bills for low-income families.
ix. Transportation electrification, including any investments above and beyond what is included in Integrated Energy Policy Report (IEPR) As part of its broader strategy to reduce GHG emissions through buildings and transportation electrification, MCE has been working on several EV-related initiatives since 2017. These include demand response-enabled charging devices, equity-centered incentives for EVs, and funding for charging stations. These efforts started with a strategic plan and infrastructure analysis in partnership with the U.S. Environmental Protection Agency to analyze local EV market trends and their impact on MCE’s customer demand.
MCE has identified workplace EV charging as an opportunity to shift the demand of the 60,200 (and growing) EV drivers in its service area to hours of the day when energy is frequently cheaper and cleaner. MCE Solar Charge, a public EV charging station that opened in 2019 at MCE’s San Rafael office, demonstrates that vision to MCE’s staff and customers. In 2021, MCE launched MCE Sync, a residential smart charging pilot with the goal of reducing the peak load impacts of home charging while saving customers money and reducing GHG impacts.
MCE Sync uses an app to manage home vehicle charging. During a 6-month pilot with 232 enrolled participants, the pilot shifted 93% of EV electricity usage away from the 4–9 p.m. peak, reduced carbon intensity by 55% on average, and saved customers on an EV rate around $12/month before event-based incentives. The expanded program has a goal of 2,500 enrolled customers by May 2023.
Since 2018, MCE has supported or funded 1,570 Level 2 EV charging ports for workplaces or multifamily properties. More than 930 ports have been installed — equivalent to 36% of all public Level 2 charging ports in the four counties that MCE serves — and more than 645 ports under planning and in construction. MCE is coordinating with PG&E on its EV Charge Network program and providing a supplemental rebate to customers who participate in that program.
More than 71% of the MCE stations already deployed are enrolled in MCE’s Deep Green service.
In addition to incentives for EV charging stations, MCE provides free technical assistance and helps coordinate with other funding sources for commercial and multifamily customers interested in EV charging infrastructure. A CEC grant won by Contra Costa Transportation Authority and MCE will increase EV engagement, access to electric transportation, and deployment of charging infrastructure, especially at multifamily properties, across marginalized communities in the county from summer 2021 to spring 2024.
AI#08_Att.: MCE 2022 CPUC Compliance Integrated Resource Plan 64 MCE also partnered with Bay Area Air Quality Management District and GRID Alternatives to win grants from the CEC and Marin Community Foundation. These grants are anticipated to start in the second half of 2022. Implementation will focus on deepening relationships with local housing authorities, affordable housing administrators, owners, and property managers to increase awareness and adoption of tenant-based EV charging stations. The implementation consists of installing EV charging and providing concierge education on how to qualify for income-based EV incentives, including MCE’s own EV rebate.
Lastly, MCE built upon its rebate program for income-qualified customers interested in purchasing a new EV with the goal of increasing understanding of and access to EVs beyond the typical early adopters. This program has helped over 261 customers purchase or lease a new EV and will expand in fiscal year 2023/2024 to include used EVs as well. x. Building electrification, including any investments above and beyond what is included in Integrated Energy Policy Report (IEPR)
MCE is committed to electrifying its service area and is currently offering several programs that it expects will impact building electrification efforts including its: LIFT Pilot Program, Multifamily Energy Savings (“MFES”) Program, Home energy Savings (“HES”) Program, and Heat Pump Water Heater (“HPWH”) Contractor Incentive Program. An overview of MCE’s planned investment in these programs is provided below.
Multifamily Energy Saving Program
MCE’s MFES provides residential energy efficiency49 and electrification50 improvements to affordable multifamily properties in the MCE service area. The intent of the program is to support vulnerable communities, particularly those who have been traditionally underserved.
MFES seeks to substantially fund energy efficiency and electrification measures for deed-restricted properties. It will also continue to co-leverage as many funding opportunities to provide comprehensive, whole building upgrades.
MFES was designed to co-leverage with MCE’s LIFT pilot program, authorized in D.16-11-022, by providing funding to affordable properties where not all units qualify for LIFT incentives. LIFT provides comprehensive services and supports fuel switching from natural gas to electric heat pumps for cleaner and safer energy use. Income-qualified multifamily properties can layer 49 Refrigerators, package terminal heat pumps, LED light fixtures, smart thermostats, low flows showerhead and aerators, and LED bulbs, T24 compliant windows, crawlspace, wall, and roof insulation. 50 Domestic hot water heat pump, space heating and cooling and electrical upgrades.
AI#08_Att.: MCE 2022 CPUC Compliance Integrated Resource Plan 65 incentives from LIFT on MFES program rebates. With this model, MFES supports property-wide upgrades for all tenants who live in affordable housing.
MFES services include no-cost property assessments, project scope development, and program assistance throughout the project lifetime. The program also offers owner rebates for energy efficiency and electrification measures as well as no-cost direct installation of certain energy efficiency measures.
The program addresses market barriers by providing: (1) customized technical assistance to; overcome challenges associated with the diversity of building types, ownership types, and billing configurations, and to provide assistance with analyzing potential upgrade measures; (2) guidance through the initial assessment of multiple measure upgrade opportunities throughout the property; (3) a range of participation options to best meet the current needs and abilities of properties; and (4) a bridge for the funding gap between multifamily units that qualify for LIFT or ESA incentives and the rest of the property to promote a comprehensive and equitable whole-building upgrade.
The current budget for the MFES program is $1,017,476 for 2022 and $971,459 for 2023. The current timeline for the program is 2022-2024, with project renewal expected every two years.
LIFT Pilot Program
MCE launched the LIFT pilot in 2017, providing additional incentives for property owners and tenants in multifamily buildings (5+ units) beyond what is available through the MFES program.
LIFT provides $1,200 per unit for energy efficiency upgrades51 and additional incentives for fuel substitution and fuel switching away from natural gas and propane combustion appliances to high efficiency electric heat pumps52 (HVAC and water heating). This transition will support cleaner and more efficient energy use while resolving health and safety concerns.
MCE’s LIFT program aims to support income-eligible multifamily renters with improving their household efficiency, reducing their energy costs, and increasing home safety and comfort, while simultaneously maximizing benefits to owners. The program is part of a larger goal of California’s climate initiatives to support disadvantaged customers and increase statewide electrification and efficiency efforts. The literature review outlines the current regulatory 51 Refrigerators, package terminal heat pumps, LED light fixtures, smart thermostats, low flows showerhead and aerators, and LED bulbs, T24 compliant windows, crawlspace, wall, and roof insulation. 52 Domestic hot water heat pump, space heating and cooling and electrical upgrades.
AI#08_Att.: MCE 2022 CPUC Compliance Integrated Resource Plan 66 context within California, discusses DAC definitions and metrics, electrification, health and safety, costs, and barriers to emerging technology adoption.
The LIFT pilot was originally approved by the CPUC to run under the Energy Savings Assistance (“ESA”) program, followed by a series of extensions granted to keep this running as a pilot through 2023. The LIFT Program distributed over $1 million in incentives to 680 qualifying households between 2018 and 2021 and successfully reached underserved customers with 95% of participants residing outside of a DAC. Participants collectively saved over 7,800 kilowatt-hours annually and, individually, an average of $192 per year on their electricity bill.
MCE expects to serve more than 450 additional households in the LIFT program through 2023.
MCE’s MFES and LIFT programs have different funding sources (CPUC – Energy Efficiency and CPUC – Energy Savings Assistance, respectively), which makes it possible for MF properties to leverage incentives from both programs. The two programs share the same implementor, providing a single point of contact (“SPOC”) and stack incentives for low-income multifamily customers. The rebates, when combined with MCE’s Multifamily Energy Savings program, cover up to 80% of total project costs. The program currently has a timeline of October 2017 – December 2023 with a budget of $6.75 million.
Home Energy Savings (“HES”) Program
MCE’s Single-Family Direct Install program, or Home Energy Savings Program (“HES”), provides no-cost energy efficiency measures to eligible homeowners and tenants in single-family homes (up to 4 attached units) and dwellings in MCE’s service area. This program targets moderate-income customers whose household income falls between 200% and 400% of the Federal Poverty Guidelines (“FPG”). The target group’s income exceeds the limit to receive services through programs like PG&E’s Energy Savings Assistance (“ESA”) program and MCE’s LIFT Program, yet who are still too income constrained (lower middle-income) to participate in market rate programs. MCE will refer customers who fall outside of the moderate-income threshold to available low-income and market rate programs. MCE’s goal is to fill the service gap and introduce this market sector to the concepts of energy efficiency, while providing energy upgrades and emerging technologies that reduce household energy consumption.
Energy efficiency measures offered under this program include: energy and water savings kits, energy advisor provided home assessments and envelope, heating, ventilation and cooling (HVAC) and electrification home upgrade measures.
The current budget for the HES program is $2,366,392 for 2022 and $2,384,874 for 2023. The current timeline for the program is 2022-2024, with project renewal every two years.
AI#08_Att.: MCE 2022 CPUC Compliance Integrated Resource Plan 67 Heat Pump Water Heater (“HPWH”) Contractor Incentive Program BayREN has partnered with MCE, East Bay Community Energy, Silicon Valley Power, City of Santa Clara, and CleanPower SF to offer a standardized midstream electrification program serving multiple Bay Area counties. The program seeks to develop the electrification market by providing Bay Area residential contractors incentives for the installation of HPWHs.
The program offers a $1,000 incentive — paid directly to licensed contractors who replace homeowners’ natural gas or propane residential water heaters with high efficiency heat pump water heaters. Contractors enrolled in the BayREN Home+ program may participate in both programs and rebates are stackable. This program is self-funded by MCE and has a budget of $300,000 to install 250 HPWHs in MCE’s service area.
The HPWH Contractor Incentive Program has also created a resource of all electrification programs serving the Bay Area and has developed HPWH resources53 to help contractors and homeowners understand the benefits of this technology. MCE has contributed to a memo sharing learnings from the first year of the program, including contractor barriers to participation.54
xi. Other
MCE has no additional information in response to this sub-section xi. b. Disadvantaged Communities
In total, MCE serves 54,897 customer accounts located within DACs. This represents approximately 10.8% of MCE’s total customer accounts (approximately 580,000).
MCE is dedicated to reducing pollution impacts and encouraging the development, health, and prosperity of DAC within and outside our service area. In addition to the measures and programs described above, MCE’s commitment is reflected in the practices, programs, and policies described below.
Green Access and Community Solar Connection Programs
As described in Section d.ii., above, MCE is collaborating with the CPUC, IOUs, and other CCAs to develop community solar programs for customers in DACs. These programs will be supported 53 https://www.bayren.org/contractors/heat-pump-water-heater-hpwh-incentive-participating-contractors. 54 https://www.bayren.org/sites/default/files/2022-02/hpwh learnings may 2021 bayren 1.pdf AI#08_Att.: MCE 2022 CPUC Compliance Integrated Resource Plan 68 by the development of an additional 5.92 MW of new, local, clean energy capacity.
Sustainable Workforce and Diversity Policy
As described in Section d.ii., above, in 2017, MCE’s Board approved a Sustainable Workforce and Diversity Policy55 to facilitate and encourage diversity and a sustainable workforce.
More recently, in 2022 MCE adopted Sustainable Workforce Guidelines56 to create a more detailed plan for implementing its Sustainable Workforce and Diversity Policy.
These efforts have resulted in significant local developments. To date, MCE has helped build almost 48 MW of new renewable projects in our service area. All local projects over 1 MW were built with union labor. Additionally, in 2021 MCE launched two new community solar programs, Community Solar Connection and Green Access. These programs offer qualifying customers living in a CalEnviroScreen-designated DAC access to 100% renewable energy and a 20% discount on their electricity bills for up to 20 years. Both programs will be supported by the development of additional new clean energy resources.
In developing its Compliance IRP, MCE carefully considered the impact of its resource procurement on DACs. MCE’s PCP minimizes the use of fossil-based resources and unspecified system power, reducing reliance on natural gas generators that have an impact on DACs. c. Commission Direction of Actions
MCE is not seeking any specific direction of actions from the Commission at this time. However, MCE notes that it is aware of the Commission’s recent Administrative Law Judge’s Ruling Seeking Comments on Staff Paper on Procurement Program and Potential Near-Term Actions to Encourage Additional Procurement (“ALJ Ruling”).57 MCE looks forward to exploring the options for a programmatic approach to procurement to meet the goals of the IRP process as outlined in the Staff Paper on Programmatic Approaches to Electricity Procurement included with the ALJ Ruling. Whichever programmatic approach the Commission ultimately adopts, it is critical for the Commission to ensure that any new program equitably reflects an LSE’s full contribution to 55 See MCE November 16, 2017, Board of Directors Meeting Packet, Agenda Item No. 7 Attachment A https://www.mcecleanenergy.org/wp-content/uploads/2020/05/MCE-Board-Meeting-Packet-November 2017.pdf 56 See https://www.mcecleanenergy.org/wp-content/uploads/2022/05/MCE-Sustainable-Workforce-Guidelines 05122022.pdf 57 Administrative Law Judge’s Ruling Seeking Comments on Staff Paper on Procurement Program and Potential Near-Term Actions to Encourage Additional Procurement, issued September 8, 2022.
AI#08_Att.: MCE 2022 CPUC Compliance Integrated Resource Plan 69 system reliability and achievement of California’s environmental goals and allows for flexibility to accommodate continuously evolving grid needs.
V. Lessons Learned
MCE shares the Commission’s commitment to robust and comprehensive integrated resource planning. MCE also understands the procedural and substantive complexity that defines IRP development at the state agency level and that continues through to individual LSEs as they respond to and integrate statutory and regulatory requirements into their resource planning efforts. However, in addition to the statutory requirements articulated in 454.52(a)(1)(A) -(I), MCE’s resource planning process must also give deference to its Board of Directors, which is granted statutory authority to govern MCE’s procurement and approve MCE’s IRP under 454.52(b)(3) and 366.2(a)(5). To meet all of the aforementioned statutory objectives and requirements, it is critical for MCE and other similarly situated LSEs to expect and receive timely and clear guidance from the Commission and adequate time to incorporate this guidance into its planning process. Administrative Law Judge Fitch alluded to this in the July 15, 2022 Ruling in which Energy Division Staff was directed to provide “final versions of the CSP Calculators and RDT . . .” within a reasonable period of time following July 1, 2022.58 Despite this clear guidance, updated RDTs were provided to LSEs on Friday, September 30, 2022.59 MCE appreciates these updates and the diligent work being done by Energy Division Staff, but revised templates and revised guidance this late in the process, no matter how insignificant or helpful, are disruptive to and dismissive of LSEs’ internal processes and timelines, particularly in the case of CCAs where other law governs procedure and timelines that must be followed when requesting their Boards take action. MCE urges the Commission to take steps in the next IRP cycle to adhere firmly to its timelines and the direction in its own rulings. Diligence on this front will aid all stakeholders in meeting statutory requirements and comprehensively and thoroughly addressing the state’s resource planning efforts. 58 Load Forecast Ruling issued June 15, 2022, at 14.
59 Email from Ali Eshraghi to Commission-jurisdictional LSEs, Aggregated CAM Resources for LSEs [sic] Plan Development, sent September 30, 2022; LSEs were initially advised of this update on Friday, September 23, 2022, via an email from James McGarry to Commission-jurisdictional LSEs, Notice of IRP Template Update and Q&A document [sic], sent September 23, 2022.
AI#08_Att.: MCE 2022 CPUC Compliance Integrated Resource Plan 70 Glossary of Terms
Alternative Portfolio: LSEs are permitted to submit “Alternative Portfolios” developed from scenarios using different assumptions from those used in the Preferred System Plan with updates. Any deviations from the “Conforming Portfolio” must be explained and justified.
Approve (Plan): the CPUC’s obligation to approve an LSE’s integrated resource plan derives from Public Utilities Code Section 454.52(b)(2) and the procurement planning process described in Public Utilities Code Section 454.5, in addition to the CPUC obligation to ensure safe and reliable service at just and reasonable rates under Public Utilities Code Section 451.
Balancing Authority Area (CAISO): the collection of generation, transmission, and loads within the metered boundaries of the Balancing Authority. The Balancing Authority maintains load-resource balance within this area.
Baseline resources: Those resources assumed to be fixed as a capacity expansion model input, as opposed to Candidate resources, which are selected by the model and are incremental to the Baseline.
Baseline resources are existing (already online) or owned or contracted to come online within the planning horizon. Existing resources with announced retirements are excluded from the Baseline for the applicable years. Being “contracted” refers to a resource holding signed contract/s with an LSE/s for much of its energy and capacity, as applicable, for a significant portion of its useful life. The contracts refer to those approved by the CPUC and/or the LSE’s governing board, as applicable. These criteria indicate the resource is relatively certain to come online. Baseline resources that are not online at the time of modeling may have a failure rate applied to their nameplate capacity to allow for the risk of them failing to come online.
Candidate resource: those resources, such as renewables, energy storage, natural gas generation, and demand response, available for selection in IRP capacity expansion modeling, incremental to the Baseline resources.
Capacity Expansion Model: a capacity expansion model is a computer model that simulates generation and transmission investment to meet forecast electric load over many years, usually with the objective of minimizing the total cost of owning and operating the electrical system. Capacity expansion models can also be configured to only allow solutions that meet specific requirements, such as providing a minimum amount of capacity to ensure the reliability of the system or maintaining greenhouse gas emissions below an established level.
Certify (a Community Choice Aggregator Plan): Public Utilities Code 454.52(b)(3) requires the CPUC to certify the integrated resource plans of CCAs. “Certify” requires a formal act of the Commission to determine that the CCA’s Plan complies with the requirements of the statute and the process established via Public Utilities Code 454.51(a). In addition, the Commission must review the CCA Plans to determine AI#08_Att.: MCE 2022 CPUC Compliance Integrated Resource Plan 71 any potential impacts on public utility bundled customers under Public Utilities Code Sections 451 and 454, among others.
Clean System Power (CSP) methodology: the methodology used to estimate GHG, and criteria pollutant emissions associated with an LSE’s Portfolio based on how the LSE will expect to rely on system power on an hourly basis.
Community Choice Aggregator: a governmental entity formed by a city or county to procure electricity for its residents, businesses, and municipal facilities.
Conforming Portfolio: the LSE portfolio that conforms to IRP Planning Standards, the 2030 LSE-specific GHG Emissions Benchmark, use of the LSE’s assigned load forecast, use of inputs and assumptions matching those used in developing the Reference System Portfolio, as well as other IRP requirements including the filing of a complete Narrative Template, a Resource Data Template and Clean System Power Calculator.
Effective Load Carrying Capacity: a percentage that expresses how well a resource is able avoid loss-of-load events (considering availability and use limitations). The percentage is relative to a reference resource, for example a resource that is always available with no use limitations. It is calculated via probabilistic reliability modeling and yields a single percentage value for a given resource or grouping of resources.
Effective Megawatts (MW): perfect capacity equivalent MW, such as the MW calculated by applying an ELCC % multiplier to nameplate MW.
Electric Service Provider: an entity that offers electric service to a retail or end-use customer, but which does not fall within the definition of an electrical corporation under Public Utilities Code Section 218.
Filing Entity: an entity required by statute to file an integrated resource plan with CPUC.
Future: a set of assumptions about future conditions, such as load or gas prices.
GHG Benchmark (or LSE-specific 2030 GHG Benchmark): the mass-based GHG emission planning targets calculated by staff for each LSE based on the methodology established by the California Air Resources Board and required for use in LSE Portfolio development in IRP.
GHG Planning Price: the systemwide marginal GHG abatement cost associated with achieving a specific electric sector 2030 GHG planning target.
Integrated Resources Planning Standards (Planning Standards): the set of CPUC IRP rules, guidelines, formulas, and metrics that LSEs must include in their LSE Plans.
Integrated Resource Planning (IRP) process: integrated resource planning process; the repeating cycle through which integrated resource plans are prepared, submitted, and reviewed by the CPUC AI#08_Att.: MCE 2022 CPUC Compliance Integrated Resource Plan 72 Long term: more than 5 years unless otherwise specified.
Load Serving Entity: an electrical corporation, electric service provider, community choice aggregator, or electric cooperative.
Load Serving Entity (LSE) Plan: an LSE’s integrated resource plan; the full set of documents and information submitted by an LSE to the CPUC as part of the IRP process.
Load Serving Entity (LSE) Portfolio: a set of supply- and/or demand-side resources with certain attributes that together serve the LSE’s assigned load over the IRP planning horizon.
Loss of Load Expectation (LOLE): a metric that quantifies the expected frequency of loss-of-load events per year. Loss-of-load is any instance where available generating capacity is insufficient to serve electric demand. If one or more instances of loss-of-load occurring within the same day regardless of duration are counted as one loss-of-load event, then the LOLE metric can be compared to a reference point such as the industry probabilistic reliability standard of “one expected day in 10 years,” i.e., a LOLE of 0.1.
Maximum Import Capability: a California ISO metric that represents a quantity in MWs of imports determined by the CAISO to be simultaneously deliverable to the aggregate of load in the ISO’s Balancing Authority (BAA) Area and thus eligible for use in the Resource Adequacy process. The California ISO assess a MIC MW value for each intertie into the ISO’s BAA and allocated yearly to the LSEs. A LSE’s RA import showings are limited to its share of the MIC at each intertie.
Net Qualifying Capacity (NQC): Qualifying Capacity reduced, as applicable, based on: (1) testing and verification; (2) application of performance criteria; and (3) deliverability restrictions. The Net Qualifying Capacity determination shall be made by the California ISO pursuant to the provisions of this California ISO Tariff and the applicable Business Practice Manual.
Non-modeled costs: embedded fixed costs in today’s energy system (e.g., existing distribution revenue requirement, existing transmission revenue requirement, and energy efficiency program cost).
Nonstandard LSE Plan: type of integrated resource plan that an LSE may be eligible to file if it serves load outside the CAISO balancing authority area.
Optimization: an exercise undertaken in the CPUC’s Integrated Resource Planning (IRP) process using a capacity expansion model to identify a least-cost portfolio of electricity resources for meeting specific policy constraints, such as GHG reduction or RPS targets, while maintaining reliability given a set of assumptions about the future. Optimization in IRP considers resources assumed to be online over the planning horizon (baseline resources), some of which the model may choose not to retain, and additional resources (candidate resources) that the model is able to select to meet future grid needs.
Planned resource: any resource included in an LSE portfolio, whether already online or not, that is yet to be procured. Relating this to capacity expansion modeling terms, planned resources can be baseline AI#08_Att.: MCE 2022 CPUC Compliance Integrated Resource Plan 73 resources (needing contract renewal, or currently owned/contracted by another LSE), candidate resources, or possibly resources that were not considered by the modeling, e.g., due to the passage of time between the modeling taking place and LSEs developing their plans. Planned resources can be specific (e.g., with a CAISO ID) or generic, with only the type, size and some geographic information identified.
Qualifying capacity: the maximum amount of Resource Adequacy Benefits a generating facility could provide before an assessment of its net qualifying capacity.
Preferred Conforming Portfolio: the conforming portfolio preferred by an LSE as the most suitable to its own needs; submitted to CPUC for review as one element of the LSE’s overall IRP plan.
Preferred System Plan: The Commission’s integrated resource plan composed of both the aggregation of LSE portfolios (i.e., Preferred System Portfolio) and the set of actions necessary to implement that portfolio (i.e., Preferred System Action Plan).
Preferred System Portfolio: the combined portfolios of individual LSEs within the CAISO, aggregated, reviewed, and possibly modified by Commission staff as a proposal to the Commission, and adopted by the Commission as most responsive to statutory requirements per Pub. Util. Code 454.51; part of the Preferred System Plan.
Short term: 1 to 3 years (unless otherwise specified).
Staff: CPUC Energy Division staff (unless otherwise specified).
Standard LSE Plan: type of integrated resource plan that an LSE is required to file if it serves load within the CAISO balancing authority area (unless the LSE demonstrates exemption from the IRP process).
Transmission Planning Process (TPP): annual process conducted by the California Independent System Operator (CAISO) to identify potential transmission system limitations and areas that need reinforcements over a 10-year horizon.
AI#08_Att.: MCE 2022 CPUC Compliance Integrated Resource Plan un que_cont acts
lse_unique_contract_id resource alternative_resource_name contract_status project_interconnection_position interconnection_substat on marginal_addition marginal_add tion_to total_nameplate_capacity contracted_nameplate_capacity sep_contracted_mw_nqc contract_gwh_annual s_hybrid_paired can_charge_from_grid Ost om_MCE WHEATL_6_LNDFIL Onl ne NA NA NA 2 2 12 NotHyb d Hay MCE PEABDY 2 LNDF L Onl ne NA NA NA 2 2 11 NotHyb d Geyse s MCE GEYS13 7 UNIT13 Onl ne NA NA NA 10 10 88 NotHyb d L ncoln MCE PLSNTG 7 LNCLND Onl ne NA NA NA 5 4 27 NotHyb d Voyage II MCE VOYAGR 2 VOYWD3 Onl ne NA NA NA 5 138 NotHyb d WM_MCE NOVATO_6_LNDFL Onl ne NA NA NA 4 3 30 NotHyb d
Antelope 2 MCE BGSKYN 2 AS2SR1 Onl ne NA NA NA 105 12 289 NotHyb d Cooley I MCE EXISTING GENER C SOLAR FIXED Onl ne NA NA NA 1 1 0 2 NotHyb d Cost Plus_MCE _EXISTING_GENER C_SOLAR_FIXED Onl ne NA NA NA 1 1 0 1 NotHyb d Dese t Ha vest MCE DSRTHV 2 DH1SR1 Onl ne NA NA NA 80 9 252 NotHyb d F eethy 1 MCE EXISTING GENER C SOLAR FIXED Onl ne NA NA NA 1 1 0 2 NotHyb d F eethy 2_MCE _EXISTING_GENER C_SOLAR_FIXED Onl ne NA NA NA 1 1 0 2 NotHyb d G eat Valley MCE TRNQL8 2 ROJSR1 Onl ne NA NA NA 100 11 285 NotHyb d L ttle Bea 1 MCE LTBERA 1 LB1SR1 Onl ne NA NA NA 40 4 105 NotHyb d L ttle Bea 3 MCE LTBEAR 1 LB3SR3 Onl ne NA NA NA 20 2 52 NotHyb d L ttle Bea 4 MCE LTBEAR 1 LB4SR4 Onl ne NA NA NA 50 6 132 NotHyb d L ttle Bea 5_MCE LTBEAR_1_LB4SR5 Onl ne NA NA NA 50 6 132 NotHyb d SR A po t MCE EXISTING GENER C SOLAR FIXED Onl ne NA NA NA 1 1 0 2 NotHyb d Mustang MCE MSTANG 2 SOLAR4 Onl ne NA NA NA 30 3 82 NotHyb d Soscal Fe y Sola C_MCE _EXISTING_GENER C_SOLAR_FIXED Onl ne NA NA NA 1 1 0 3 NotHyb d Soscal Fe y Sola D MCE EXISTING GENER C SOLAR FIXED Onl ne NA NA NA 1 1 0 3 NotHyb d Ame can Canyon Sola A MCE EXISTING GENER C SOLAR FIXED Onl ne NA NA NA 1 1 0 3 NotHyb d Ame can Canyon Sola B_MCE _EXISTING_GENER C_SOLAR_FIXED Onl ne NA NA NA 1 1 0 3 NotHyb d Ame can Canyon Sola C MCE EXISTING GENER C SOLAR FIXED Onl ne NA NA NA 1 1 0 3 NotHyb d S lve a Ranch A MCE EXISTING GENER C SOLAR FIXED Onl ne NA NA NA 1 1 0 3 NotHyb d S lve a Ranch B_MCE _EXISTING_GENER C_SOLAR_FIXED Onl ne NA NA NA 1 1 0 3 NotHyb d SR A po t 2 MCE EXISTING GENER C SOLAR FIXED Onl ne NA NA NA 1 1 0 2 NotHyb d EO P oducts MCE EXISTING GENER C SOLAR FIXED Onl ne NA NA NA 1 1 0 1 NotHyb d Oakley RV & Boat Sto age MCE EXISTING GENER C SOLAR FIXED Onl ne NA NA NA 1 1 0 2 NotHyb d DRES Qua y 2.4 MCE EXISTING GENER C SOLAR FIXED Onl ne NA NA NA 0 0 0 1 NotHyb d Co co an_MCE CORCAN_1_SOLAR2 Onl ne NA NA NA 11 1 27 NotHyb d Goose Lake MCE GOOSLK 1 SOLAR1 Onl ne NA NA NA 12 1 30 NotHyb d Buck MCE EXISTING GENER C SOLAR FIXED Onl ne NA NA NA 1 1 0 2 NotHyb d MCE Sola 1_8.5_MCE R CHMN_1_CHVSR2 Onl ne NA NA NA 9 1 17 NotHyb d MCE Sola 1 2.0 MCE R CHMN 1 SOLAR Onl ne NA NA NA 2 0 4 NotHyb d Ke n Tule PCC1 1 LT MCE KRNCNY 6 UNIT Onl ne NA NA NA 11 5 37 NotHyb d S lve a Ranch C_MCE _EXISTING_GENER C_SOLAR_FIXED Onl ne NA NA NA 1 1 0 3 NotHyb d Lake He man PCC1 1 LT MCE EXISTING GENER C SOLAR FIXED Onl ne NA NA NA 5 5 0 13 NotHyb d By on Sola PCC1 1 LT MCE EXISTING GENER C SOLAR FIXED Onl ne NA NA NA 3 3 0 8 NotHyb d St auss PCC1 1 LT MCE STRAUSSWIND Development WDT-1320 NA NA NA NotHyb d By on Sola PCC1 2 LT MCE EXISTING GENER C SOLAR FIXED Onl ne NA NA NA 1 1 0 3 NotHyb d Haywo th_PCC1_1_LT_MCE _EXISTING_GENER C_SOLAR_FIXED Onl ne NA NA NA 1 1 0 2 NotHyb d Fallon PCC1 1 LT MCE EXISTING GENER C SOLAR FIXED Onl ne NA NA NA 1 1 0 2 NotHyb d RPCA PCC1 1 LT MCE NEW GENERIC SOLAR FIXED Development B entwood 2105 NA NA 5 5 0 13 NotHyb d Napa_PCC1_1_LT_MCE _EXISTING_GENER C_SOLAR_FIXED Onl ne NA NA NA 1 1 0 1 NotHyb d CMSA PCC1 2 LT MCE EX STING GENER C BIOMASS/WOOD Onl ne NA NA NA 1 1 0 3 NotHyb d EBCE PCC1 Sale 1 MCE GOOSLK 1 SOLAR1 Onl ne NA NA NA 0 8 NotHyb d SJCE_PCC1_Sale_1_MCE CORCAN_1_SOLAR2 Onl ne NA NA NA 0 4 NotHyb d PCEA PCC1 Sale 1 MCE GOOSLK 1 SOLAR1 Onl ne NA NA NA 0 10 NotHyb d Golden F elds PCC1 LT MCE NEW GENERIC SOLAR 1AXIS Development Q-1212 NA NA NA 100 100 103 272 NewSola NewSto age NO Ranch Se eno_PCC1_LT_MCE _NEW_GENERIC_SOLAR_1AXIS Development WDT-2597 NA NA NA 2 2 1 5 NewSola NewSto age NO CES Elect on Fa m PCC1 DAC 1 LT MCE NEW GENERIC SOLAR 1AXIS Development NA NA 0 0 0 1 NotHyb d CES Elect on Fa m PCC1 DAC 2 LT MCE NEW GENERIC SOLAR 1AXIS Development NA NA 4 4 0 12 NotHyb d Daggett PCC1 1 LT MCE NEW GENERIC SOLAR 1AXIS Development Q-1314 NA NA NA 110 110 66 317 NewSola NewSto age NO Ma sh Land ng LLC RA 1 BAF MCE COCOPP 2 CTG4 Onl ne NA NA NA 81 77 0 NotHyb d WELLHEAD_RA_3_POF_MCE AGRICO_7_UNIT Onl ne NA NA NA 50 48 0 NotHyb d CALPINE RA 35 S F MCE BOGUE 1 UNITA1 Onl ne NA NA NA 32 32 0 NotHyb d CALPINE RA 34 NS MCE SUTTER 2 CISO Onl ne NA NA NA 70 70 0 NotHyb d CALPINE_RA_44_NS_MCE _EXISTING_GENERIC_COMBINED_CYCLE Onl ne NA NA NA 25 25 0 NotHyb d CALPINE RA 67 NS MCE EXISTING GENERIC COMBINED CYCLE Onl ne NA NA NA 15 15 0 NotHyb d CALPINE RA 68 NSF MCE EXISTING GENERIC COMBINED CYCLE Onl ne NA NA NA 15 15 0 NotHyb d ENERSPONSE_RA_2_SS_MCE _EXISTING_GENER C_DR Onl ne NA NA NA 20 20 20 0 NotHyb d Hecate Sto age RA 2024 NEW GENERIC BATTERY STORAGE Development 185 185 185 0 NotHyb d EBMUD B1 MCE CAMCHE 1 PL1X3 Onl ne NA NA NA 10 0 46 NotHyb d EBMUD B1 MCE PARDEB 6 UNITS Onl ne NA NA NA 30 0 140 NotHyb d SENA CF 13 MCE EX STING GENERIC INSTATE LARGE HYDRO Onl ne NA NA NA 0 200 NotHyb d MSCG_CF_5_MCE _EX STING_GENERIC_NW_HYDRO Onl ne NA NA NA 0 400 NotHyb d B ookf eld CF 4 MCE EX STING GENERIC NW HYDRO Onl ne NA NA NA 0 200 NotHyb d TENASKA CF 2 MCE EXCHEC 7 UNIT 1 Onl ne NA NA NA 95 0 120 NotHyb d POWEREX_CF_3_MCE _EX STING_GENERIC_NW_HYDRO Onl ne NA NA NA 0 250 NotHyb d Powe ex CF 4 MCE EX STING GENERIC NW HYDRO Onl ne NA NA NA 0 206 NotHyb d Powe ex CF 5 MCE EX STING GENERIC NW HYDRO Onl ne NA NA NA 0 100 NotHyb d WAPA_BR_MCE EX STING_GENERIC_INSTATE_LARGE_HYDRO Onl ne NA NA NA 0 25 NotHyb d WAPA BR 2 MCE EX STING GENERIC INSTATE LARGE HYDRO Onl ne NA NA NA 0 25 NotHyb d GHG F ee A locat on EX STING GENERIC INSTATE LARGE HYDRO PlannedEx st ng 0 500 NotHyb d DR l t EXISTING GENER C DR O l 19 0 N tH
Gene c LT W nd NM 2030 CREZ GENER C NEW MEX CO WIND PlannedNew w nd mpo t planned 70 70 20 250 NotHyb d Gene c LT W nd_2033 EZ_GENER C_MORRO_BAY_OFFSHORE_WIND PlannedNew w nd_ca so_planned 95 95 41 400 NotHyb d Gene c LT Geothe mal 2030 NEW GENERIC GEOTHERMAL PlannedNew geothe mal mpo t planned 75 75 70 580 NotHyb d MTR LDS 2026 NEW GENERIC BATTERY STORAGE PlannedNew batte y ca so planned 40 40 40 0 NotHyb d VAMO_ST_B omass _EX STING_GENER C_BIOMASS/WOOD Onl ne 0 33 NotHyb d VAMO ST Sola PV EXISTING GENER C SOLAR FIXED Onl ne 0 206 NotHyb d VAMO ST W nd EXISTING GENERIC WIND Onl ne 0 165 NotHyb d VAMO ST Small Hyd o EX STING GENERIC INSTATE SMALL HYDRO Onl ne 0 14 NotHyb d VAMO ST Geothe mal EX STING GENERIC GEOTHERMAL Onl ne 0 70 NotHyb d Gene c ST B omass _EX STING_GENER C_BIOMASS/WOOD PlannedEx st ng 0 20 NotHyb d Gene c ST Sola EXISTING GENER C SOLAR FIXED PlannedEx st ng 0 99 NotHyb d Gene c ST W nd EXISTING GENERIC WIND PlannedEx st ng 0 378 NotHyb d Gene c ST Small Hyd o EX STING_GENERIC_INSTATE_SMALL_HYDRO PlannedEx st ng 0 40 NotHyb d Gene c ST Geothe mal EX STING GENERIC GEOTHERMAL PlannedEx st ng 0 125 NotHyb d Gene c ST La ge Hyd o/ACS EX STING GENERIC NW HYDRO PlannedEx st ng 0 144 NotHyb d Gene c LDS_2030 _NEW_GENERIC_BATTERY_STORAGE PlannedNew batte y_ca so_planned 50 50 50 0 NotHyb d Gene c 4 Hou Sto age 2028 NEW GENERIC BATTERY STORAGE PlannedNew batte y ca so planned 200 200 200 0 NotHyb d Gene c 4 Hou Sto age 2034 NEW GENERIC BATTERY STORAGE PlannedNew batte y ca so planned 200 200 200 0 NotHyb d Gene c CCGT RA_2023 _EXISTING_GENERIC_COMBINED_CYCLE PlannedEx st ng 750 750 750 0 NotHyb d Gene c CCGT RA 2024 EXISTING GENERIC COMBINED CYCLE PlannedEx st ng 686 686 686 0 NotHyb d Gene c CCGT RA 2025 EXISTING GENERIC COMBINED CYCLE PlannedEx st ng 639 639 639 0 NotHyb d Gene c CCGT RA 2026 EXISTING GENERIC COMBINED CYCLE PlannedEx st ng 731 731 731 0 NotHyb d Gene c CCGT RA 2027 EXISTING GENERIC COMBINED CYCLE PlannedEx st ng 672 672 672 0 NotHyb d Gene c CCGT RA_2028 _EXISTING_GENERIC_COMBINED_CYCLE PlannedEx st ng 498 498 498 0 NotHyb d Gene c CCGT RA 2029 EXISTING GENERIC COMBINED CYCLE PlannedEx st ng 535 535 535 0 NotHyb d Gene c CCGT RA 2030 EXISTING GENERIC COMBINED CYCLE PlannedEx st ng 425 425 425 0 NotHyb d Gene c CCGT RA_2031 _EXISTING_GENERIC_COMBINED_CYCLE PlannedEx st ng 518 518 518 0 NotHyb d Gene c CCGT RA 2032 EXISTING GENERIC COMBINED CYCLE PlannedEx st ng 542 542 542 0 NotHyb d Gene c CCGT RA 2033 EXISTING GENERIC COMBINED CYCLE PlannedEx st ng 530 530 530 0 NotHyb d Gene c CCGT RA_2034 _EXISTING_GENERIC_COMBINED_CYCLE PlannedEx st ng 541 541 541 0 NotHyb d Gene c CCGT RA 2035 EXISTING GENERIC COMBINED CYCLE PlannedEx st ng 549 549 549 0 NotHyb d RESI RA 2 NS MCE NEW GENERIC DR Rev ew d ca so planned 15 15 15 0 NotHyb d PGE Onl ne ccgt 1 EXISTING GENERIC COMBINED CYCLE Onl ne 44 44 0 NotHyb d PGE Onl ne ccgt 2 EXISTING GENERIC COMBINED CYCLE Onl ne 39 39 0 NotHyb d PGE_Onl ne_ccgt_3 _EXISTING_GENERIC_COMBINED_CYCLE Onl ne 61 61 0 NotHyb d PGE Onl ne chp EXISTING GENERIC COGEN Onl ne 4 4 0 NotHyb d PGE Onl ne chp 1 EXISTING GENERIC COGEN Onl ne 3 0 5 NotHyb d PGE_Onl ne_chp_2 _EXISTING_GENERIC_COGEN Onl ne 1 1 7 NotHyb d PGE Onl ne batte y EX STING GENER C BATTERY STORAGE Onl ne 23 23 0 NotHyb d PGE Development batte y 1 NEW GENERIC BATTERY STORAGE Development 6 5 0 NotHyb d PGE_Development_batte y_2 _NEW_GENERIC_BATTERY_STORAGE Development 0 0 0 NotHyb d 30 MMT RSP Page 1 AI#08_Att.: MCE 2022 CPUC Compliance Integrated Resource Plan un que_cont acts
lse_unique_contract_id
Ost om_MCE
Hay MCE
Geyse s MCE
L ncoln MCE
Voyage II MCE
WM_MCE
Antelope 2 MCE
Cooley I MCE
Cost Plus_MCE
Dese t Ha vest MCE
F eethy 1 MCE
F eethy 2_MCE
G eat Valley MCE
L ttle Bea 1 MCE
L ttle Bea 3 MCE
L ttle Bea 4 MCE
L ttle Bea 5_MCE
SR A po t MCE
Mustang MCE
Soscal Fe y Sola C_MCE
Soscal Fe y Sola D MCE
Ame can Canyon Sola A MCE
Ame can Canyon Sola B_MCE
Ame can Canyon Sola C MCE
S lve a Ranch A MCE
S lve a Ranch B_MCE
SR A po t 2 MCE
EO P oducts MCE
Oakley RV & Boat Sto age MCE
DRES Qua y 2.4 MCE
Co co an_MCE
Goose Lake MCE
Buck MCE
MCE Sola 1_8.5_MCE
MCE Sola 1 2.0 MCE
Ke n Tule PCC1 1 LT MCE
S lve a Ranch C_MCE
Lake He man PCC1 1 LT MCE
By on Sola PCC1 1 LT MCE
St auss PCC1 1 LT MCE
By on Sola PCC1 2 LT MCE
Haywo th_PCC1_1_LT_MCE
Fallon PCC1 1 LT MCE
RPCA PCC1 1 LT MCE
Napa_PCC1_1_LT_MCE
CMSA PCC1 2 LT MCE
EBCE PCC1 Sale 1 MCE
SJCE_PCC1_Sale_1_MCE
PCEA PCC1 Sale 1 MCE
Golden F elds PCC1 LT MCE
Ranch Se eno_PCC1_LT_MCE
CES Elect on Fa m PCC1 DAC 1 LT MCE
CES Elect on Fa m PCC1 DAC 2 LT MCE
Daggett PCC1 1 LT MCE
Ma sh Land ng LLC RA 1 BAF MCE
WELLHEAD_RA_3_POF_MCE
CALPINE RA 35 S F MCE
CALPINE RA 34 NS MCE
CALPINE_RA_44_NS_MCE
CALPINE RA 67 NS MCE
CALPINE RA 68 NSF MCE
ENERSPONSE_RA_2_SS_MCE
Hecate Sto age RA 2024
EBMUD B1 MCE
EBMUD B1 MCE
SENA CF 13 MCE
MSCG_CF_5_MCE
B ookf eld CF 4 MCE
TENASKA CF 2 MCE
POWEREX_CF_3_MCE
Powe ex CF 4 MCE
Powe ex CF 5 MCE
WAPA_BR_MCE
WAPA BR 2 MCE
GHG F ee A locat on
DR A locat on
OS22 New W nd 2026
Gene c LT W nd NM 2030
Gene c LT W nd_2033
Gene c LT Geothe mal 2030
MTR LDS 2026
VAMO_ST_B omass
VAMO ST Sola PV
VAMO ST W nd
VAMO ST Small Hyd o
VAMO ST Geothe mal
Gene c ST B omass
Gene c ST Sola
Gene c ST W nd
Gene c ST Small Hyd o
Gene c ST Geothe mal
Gene c ST La ge Hyd o/ACS
Gene c LDS_2030
Gene c 4 Hou Sto age 2028
Gene c 4 Hou Sto age 2034
Gene c CCGT RA_2023
Gene c CCGT RA 2024
Gene c CCGT RA 2025
Gene c CCGT RA 2026
Gene c CCGT RA 2027
Gene c CCGT RA_2028
Gene c CCGT RA 2029
Gene c CCGT RA 2030
Gene c CCGT RA_2031
Gene c CCGT RA 2032
Gene c CCGT RA 2033
Gene c CCGT RA_2034
Gene c CCGT RA 2035
RESI RA 2 NS MCE
PGE Onl ne ccgt 1
PGE Onl ne ccgt 2
PGE_Onl ne_ccgt_3
PGE Onl ne chp
PGE Onl ne chp 1
PGE_Onl ne_chp_2
PGE Onl ne batte y
PGE Development batte y 1
PGE_Development_batte y_2
total_generator_mw contracted_generator_mw total_storage_mw contracted_storage_mw solar_technology_sub_type storage_technology_sub_type total_storage_depth_mwh contracted_storage_depth_mwh viability_cod_reasonableness viabil ty_technical_feasibility viability_f nancing_sitecontrol resource_mix d1911016_vamo_ghgfree buy_sell_own 1Ax s
F xed
F xed
1Ax s
F xed
F xed
1Ax s
1Ax s
1Ax s
1Ax s
1Ax s
F xed
1Ax s
F xed
F xed
F xed
F xed
F xed
F xed
F xed
F xed
F xed
F xed
F xed
F xed
F xed
F xed
F xed
F xed
F xed
F xed
F xed
4 3 5
F xed
F xed
F xed
F xed 4 3 4
F xed
F xed Sell
F xed Sell
F xed Sell
100 100 92 92 1Ax s L 368 368 4 3 3
2 2 0 8 0 8 F xed L 3 2 3 2 4 3 3
F xed 4 3 3
F xed 4 3 3
110 110 60 60 1Ax s L 240 240 4 3 5
L 740 740 4 3 5
GHG f ee PCIA Buy
Buy
1 2 1
1 2 1
1 2 1
1 2 1
L 320 320 1 1 1
VAMO Buy
VAMO Buy
VAMO Buy
VAMO Buy
VAMO Buy
L 400 400 1 1 1
L 800 800 1 2 1
L 800 800 1 2 1
4 3 5
CAM
CAM
CAM
CAM
CAM
CAM
L 93.23439546 CAM
L 23.30859887 CAM
L 0.385368835 CAM
30 MMT RSP Page 2 AI#08_Att.: MCE 2022 CPUC Compliance Integrated Resource Plan un que_cont acts
lse_unique_contract_id
Ost om_MCE
Hay MCE
Geyse s MCE
L ncoln MCE
Voyage II MCE
WM_MCE
Antelope 2 MCE
Cooley I MCE
Cost Plus_MCE
Dese t Ha vest MCE
F eethy 1 MCE
F eethy 2_MCE
G eat Valley MCE
L ttle Bea 1 MCE
L ttle Bea 3 MCE
L ttle Bea 4 MCE
L ttle Bea 5_MCE
SR A po t MCE
Mustang MCE
Soscal Fe y Sola C_MCE
Soscal Fe y Sola D MCE
Ame can Canyon Sola A MCE
Ame can Canyon Sola B_MCE
Ame can Canyon Sola C MCE
S lve a Ranch A MCE
S lve a Ranch B_MCE
SR A po t 2 MCE
EO P oducts MCE
Oakley RV & Boat Sto age MCE
DRES Qua y 2.4 MCE
Co co an_MCE
Goose Lake MCE
Buck MCE
MCE Sola 1_8.5_MCE
MCE Sola 1 2.0 MCE
Ke n Tule PCC1 1 LT MCE
S lve a Ranch C_MCE
Lake He man PCC1 1 LT MCE
By on Sola PCC1 1 LT MCE
St auss PCC1 1 LT MCE
By on Sola PCC1 2 LT MCE
Haywo th_PCC1_1_LT_MCE
Fallon PCC1 1 LT MCE
RPCA PCC1 1 LT MCE
Napa_PCC1_1_LT_MCE
CMSA PCC1 2 LT MCE
EBCE PCC1 Sale 1 MCE
SJCE_PCC1_Sale_1_MCE
PCEA PCC1 Sale 1 MCE
Golden F elds PCC1 LT MCE
Ranch Se eno_PCC1_LT_MCE
CES Elect on Fa m PCC1 DAC 1 LT MCE
CES Elect on Fa m PCC1 DAC 2 LT MCE
Daggett PCC1 1 LT MCE
Ma sh Land ng LLC RA 1 BAF MCE
WELLHEAD_RA_3_POF_MCE
CALPINE RA 35 S F MCE
CALPINE RA 34 NS MCE
CALPINE_RA_44_NS_MCE
CALPINE RA 67 NS MCE
CALPINE RA 68 NSF MCE
ENERSPONSE_RA_2_SS_MCE
Hecate Sto age RA 2024
EBMUD B1 MCE
EBMUD B1 MCE
SENA CF 13 MCE
MSCG_CF_5_MCE
B ookf eld CF 4 MCE
TENASKA CF 2 MCE
POWEREX_CF_3_MCE
Powe ex CF 4 MCE
Powe ex CF 5 MCE
WAPA_BR_MCE
WAPA BR 2 MCE
GHG F ee A locat on
DR A locat on
OS22 New W nd 2026
Gene c LT W nd NM 2030
Gene c LT W nd_2033
Gene c LT Geothe mal 2030
MTR LDS 2026
VAMO_ST_B omass
VAMO ST Sola PV
VAMO ST W nd
VAMO ST Small Hyd o
VAMO ST Geothe mal
Gene c ST B omass
Gene c ST Sola
Gene c ST W nd
Gene c ST Small Hyd o
Gene c ST Geothe mal
Gene c ST La ge Hyd o/ACS
Gene c LDS_2030
Gene c 4 Hou Sto age 2028
Gene c 4 Hou Sto age 2034
Gene c CCGT RA_2023
Gene c CCGT RA 2024
Gene c CCGT RA 2025
Gene c CCGT RA 2026
Gene c CCGT RA 2027
Gene c CCGT RA_2028
Gene c CCGT RA 2029
Gene c CCGT RA 2030
Gene c CCGT RA_2031
Gene c CCGT RA 2032
Gene c CCGT RA 2033
Gene c CCGT RA_2034
Gene c CCGT RA 2035
RESI RA 2 NS MCE
PGE Onl ne ccgt 1
PGE Onl ne ccgt 2
PGE_Onl ne_ccgt_3
PGE Onl ne chp
PGE Onl ne chp 1
PGE_Onl ne_chp_2
PGE Onl ne batte y
PGE Development batte y 1
PGE_Development_batte y_2
counterparty generator_supplier developer_name capacity_area capacity_sub_area cpuc_approval_ref county COD_year COD_month COD_day contract_start_date_year contract_start_date_month contract_start_date_day contract_end_date_year contract_end_date_month contract_end_date_day NA S e a YubaCounty 2013 7 1 2013 7 1 2031 6 30
NA PacGE SolanoCounty 2013 7 1 2013 7 1 2033 6 30
NA No thCoastNo thBay SonomaCounty 1980 1 1 2017 1 1 2026 12 31 NA S e a Place County 1985 1 1 2013 2 14 2033 2 13
NA SCE Ke nCounty 2018 12 29 2018 12 29 2030 12 28
NA No thCoastNo thBay No_sub_a ea Ma nCounty 2017 9 14 2017 9 14 2037 9 13 NA B gC eekVentu a LosAngelesCounty 2019 1 1 2019 1 1 2038 12 31 NA G eate Bay Ma nCounty 2017 7 5 2017 3 1 2037 2 28
NA G eate Bay Ma nCounty 2016 9 1 2016 9 1 2036 8 31
NA SCE R ve s deCounty 2020 12 17 2020 12 17 2040 12 16 NA G eate Bay Cont aCostaCount 2016 10 6 2016 10 6 2036 10 5 NA G eate Bay Cont aCostaCount 2016 10 6 2016 10 6 2036 10 5 NA G eate F esno F esnoCounty 2018 4 14 2018 4 14 2033 4 13 NA G eate F esno F esnoCounty 2020 12 10 2020 12 10 2040 12 9 NA G eate F esno F esnoCounty 2020 12 10 2020 12 10 2040 12 9 NA G eate F esno F esnoCounty 2020 12 10 2020 12 10 2040 12 9 NA G eate F esno F esnoCounty 2020 12 10 2020 12 10 2040 12 9 NA G eate Bay Ma nCounty 2012 10 23 2012 10 23 2032 10 22 NA G eate F esno K ngsCounty 2015 6 25 2015 6 25 2032 12 31 NA PacGE NapaCounty 2020 12 11 2020 8 30 2040 8 29
NA PacGE NapaCounty 2020 12 11 2020 8 30 2040 8 29
NA PacGE NapaCounty 2019 9 24 2019 9 1 2039 8 31
NA PacGE NapaCounty 2019 9 24 2019 9 1 2039 8 31
NA PacGE NapaCounty 2019 9 24 2019 9 1 2039 8 31
NA PacGE Ma nCounty 2021 3 30 2021 3 30 2041 3 29
NA PacGE Ma nCounty 2021 3 30 2021 3 30 2041 3 29
NA PacGE Ma nCounty 2020 8 28 2020 9 30 2040 9 29
NA G eate Bay Ma nCounty 2018 12 10 2018 12 10 2038 12 9 NA G eate Bay Cont aCostaCount 2018 7 23 2018 7 31 2038 7 30 NA G eate Bay Ma nCounty 2019 5 24 2019 5 14 2039 5 13
NA G eate F esno K ngsCounty 2015 5 22 2015 5 22 2040 4 30 NA G eate F esno K ngsCounty 2015 5 22 2015 5 22 2040 4 30 NA G eate Bay Ma nCounty 2015 5 22 2015 5 22 2040 4 30
NA G eate Bay No_sub_a ea Cont aCostaCount 2017 12 22 2017 12 22 2037 12 21 NA G eate Bay No sub a ea Cont aCostaCount 2017 12 22 2017 12 22 2037 12 21 NA PacGE Ke nCounty 2021 6 9 2021 7 5 2036 7 4
NA PacGE NapaCounty 2021 3 30 2021 3 30 2041 3 29
NA PacGE SolanoCounty 2021 9 14 2021 9 30 2041 9 29
NA PacGE Cont aCostaCount 2022 5 21 2022 5 21 20 2 5 20 BayWa RE PacGE No sub a ea SantaBa ba aCount
NA PacGE Cont aCostaCount 2021 12 10 2021 12 1 2041 11 30 NA PacGE Cont aCostaCount 2022 3 7 2021 10 1 2041 9 30
NA PacGE Ma nCounty 2022 4 4 2021 12 1 2041 11 30
RPCA Sola 3, LLC PacGE Cont aCostaCount 2022 11 30 2022 11 30 2042 11 29 NA PacGE NapaCounty 2022 4 13 2021 11 1 2041 10 31
NA G eate Bay Ma nCounty 2022 7 15 2022 7 16 2032 7 15
East Bay Commun ty Ene gy NA G eate F esno K ngsCounty 2015 5 22 2021 9 6 2024 12 31 San Jose Clean Ene gy NA G eate F esno K ngsCounty 2015 5 22 2021 11 1 2024 12 31 Pen nsula Clean Ene gy Autho ty NA G eate F esno K ngsCounty 2015 5 22 2022 1 17 2024 12 31 Clea way Ene gy G oup SCE No sub a ea Ke nCounty 2025 3 1 2025 3 1 2040 2 29 Ranch Se eno Clean Powe LLC PacGE Cont aCostaCount 2024 2 22 2024 2 22 2044 2 21 CES Elect on Fa m One, LLC PacGE F esnoCounty 2023 12 31 2023 12 31 2043 12 30 CES Elect on Fa m One, LLC PacGE F esnoCounty 2023 12 31 2023 12 31 2043 12 30 Clea way Ene gy G oup SCE No sub a ea SanBe na d noCoun 2023 8 28 2023 8 28 2038 8 27 NA G eate Bay Cont aCostaCount 2013 5 1 2023 5 1 2026 9 30 NA G eate F esno F esnoCounty 2001 1 1 2020 1 1 2030 12 31 NA S e a Sutte County 2002 12 23 2023 1 1 2024 12 31
NA BANC No sub a ea Sutte County 2001 7 1 2021 1 1 2023 12 31 NA PacGE Cal fo n a 2022 1 1 2028 12 31
NA PacGE Cal fo n a 2022 7 1 2030 12 31
NA PacGE Cal fo n a 2023 1 1 2030 12 31
NA PacGE Cal fo n a 2023 4 1 2025 12 31
Hecate G d SCE LosAngelesCounty 2024 4 1 2024 4 1 2034 3 31 NA Stockton SanJoaqu nCounty 1983 1 1 2015 7 1 2025 6 30 NA PacGE Calave asCounty 1930 1 1 2023 1 1 2024 12 31
NA PacGE Cal fo n a 2024 1 1 2024 12 31
NA PACW O egon 2021 1 1 2024 12 31
NA PACW O egon 2021 1 1 2024 12 31
NA S e a Place County 1966 1 1 2022 1 1 2024 12 31
NA PACW O egon 2023 1 1 2025 12 31
NA PACW O egon 2022 5 20 2025 12 31
NA PACW O egon 2023 1 1 2025 12 31
NA BANC Cal fo n a 2015 1 1 2024 12 31
NA BANC Cal fo n a 2025 1 1 2054 12 31
Pac f c Gas & Elect c NA PacGE Cal fo n a 2024 1 1 2043 12 31 Pac f c Gas & Elect c NA PacGE Cal fo n a 2023 1 1 2042 12 31 Unknown SCE Ke nCounty 2026 1 1 2026 1 1 2045 12 31
Unknown PacGE NewMex co 2030 1 1 2030 1 1 2049 12 31
Unknown PacGE Cal fo n a 2033 1 1 2033 1 1 2052 12 31
Unknown I D Impe alCounty 2030 1 1 2030 1 1 2049 12 31
Unknown PacGE Cont aCostaCount 2026 1 1 2026 1 1 2045 12 31 Pac f c Gas & Elect c NA PacGE Cal fo n a 2023 1 1 2024 12 31 Pac f c Gas & Elect c NA PacGE Cal fo n a 2023 1 1 2024 12 31 Pac f c Gas & Elect c NA PacGE Cal fo n a 2023 1 1 2024 12 31 Pac f c Gas & Elect c NA PacGE Cal fo n a 2023 1 1 2024 12 31 Pac f c Gas & Elect c NA PacGE Cal fo n a 2023 1 1 2024 12 31 NA PacGE Cal fo n a 2023 1 1 2042 12 31
NA PacGE Cal fo n a 2023 1 1 2042 12 31
NA PacGE Cal fo n a 2023 1 1 2042 12 31
NA PacGE Cal fo n a 2023 1 1 2042 12 31
NA PacGE Cal fo n a 2023 1 1 2042 12 31
NA PacGE Cal fo n a 2023 1 1 2042 12 31
Unknown PacGE Cont aCostaCount 2030 1 1 2030 1 1 2049 12 31 Unknown PacGE SolanoCounty 2028 1 1 2028 1 1 2047 12 31 Unknown PacGE NapaCounty 2034 1 1 2034 1 1 2053 12 31
NA PacGE Cal fo n a 2023 1 1 2023 12 31
NA PacGE Cal fo n a 2024 1 1 2024 12 31
NA PacGE Cal fo n a 2025 1 1 2025 12 31
NA PacGE Cal fo n a 2026 1 1 2026 12 31
NA PacGE Cal fo n a 2027 1 1 2027 12 31
NA PacGE Cal fo n a 2028 1 1 2028 12 31
NA PacGE Cal fo n a 2029 1 1 2029 12 31
NA PacGE Cal fo n a 2030 1 1 2030 12 31
NA PacGE Cal fo n a 2031 1 1 2031 12 31
NA PacGE Cal fo n a 2032 1 1 2032 12 31
NA PacGE Cal fo n a 2033 1 1 2033 12 31
NA PacGE Cal fo n a 2034 1 1 2034 12 31
NA PacGE Cal fo n a 2035 1 1 2035 12 31
Res Stat on, LLC PacGE Cal fo n a 2023 1 1 2023 1 1 2032 12 31 Pac f c Gas & Elect c 2018 1 1 2024 1 1 2026 12 31
Pac f c Gas & Elect c 2018 1 1 2024 1 1 2025 12 31
Pac f c Gas & Elect c 2018 1 1 2024 1 1 2024 12 31
Pac f c Gas & Elect c 2018 1 1 2024 1 1 2024 12 31
Pac f c Gas & Elect c 2018 1 1 2024 1 1 2025 12 31
Pac f c Gas & Elect c 2018 1 1 2024 1 1 2026 12 31
Pac f c Gas & Elect c 2018 1 1 2024 1 1 2035 12 31
Pac f c Gas & Elect c 2024 1 1 2025 1 1 2035 12 31
Pac f c Gas & Elect c 2024 1 1 2024 1 1 2035 12 31
30 MMT RSP Page 3 AI#08_Att.: MCE 2022 CPUC Compliance Integrated Resource Plan un que_cont acts
lse_unique_contract_id
Ost om_MCE
Hay MCE
Geyse s MCE
L ncoln MCE
Voyage II MCE
WM_MCE
Antelope 2 MCE
Cooley I MCE
Cost Plus_MCE
Dese t Ha vest MCE
F eethy 1 MCE
F eethy 2_MCE
G eat Valley MCE
L ttle Bea 1 MCE
L ttle Bea 3 MCE
L ttle Bea 4 MCE
L ttle Bea 5_MCE
SR A po t MCE
Mustang MCE
Soscal Fe y Sola C_MCE
Soscal Fe y Sola D MCE
Ame can Canyon Sola A MCE
Ame can Canyon Sola B_MCE
Ame can Canyon Sola C MCE
S lve a Ranch A MCE
S lve a Ranch B_MCE
SR A po t 2 MCE
EO P oducts MCE
Oakley RV & Boat Sto age MCE
DRES Qua y 2.4 MCE
Co co an_MCE
Goose Lake MCE
Buck MCE
MCE Sola 1_8.5_MCE
MCE Sola 1 2.0 MCE
Ke n Tule PCC1 1 LT MCE
S lve a Ranch C_MCE
Lake He man PCC1 1 LT MCE
By on Sola PCC1 1 LT MCE
St auss PCC1 1 LT MCE
By on Sola PCC1 2 LT MCE
Haywo th_PCC1_1_LT_MCE
Fallon PCC1 1 LT MCE
RPCA PCC1 1 LT MCE
Napa_PCC1_1_LT_MCE
CMSA PCC1 2 LT MCE
EBCE PCC1 Sale 1 MCE
SJCE_PCC1_Sale_1_MCE
PCEA PCC1 Sale 1 MCE
Golden F elds PCC1 LT MCE
Ranch Se eno_PCC1_LT_MCE
CES Elect on Fa m PCC1 DAC 1 LT MCE
CES Elect on Fa m PCC1 DAC 2 LT MCE
Daggett PCC1 1 LT MCE
Ma sh Land ng LLC RA 1 BAF MCE
WELLHEAD_RA_3_POF_MCE
CALPINE RA 35 S F MCE
CALPINE RA 34 NS MCE
CALPINE_RA_44_NS_MCE
CALPINE RA 67 NS MCE
CALPINE RA 68 NSF MCE
ENERSPONSE_RA_2_SS_MCE
Hecate Sto age RA 2024
EBMUD B1 MCE
EBMUD B1 MCE
SENA CF 13 MCE
MSCG_CF_5_MCE
B ookf eld CF 4 MCE
TENASKA CF 2 MCE
POWEREX_CF_3_MCE
Powe ex CF 4 MCE
Powe ex CF 5 MCE
WAPA_BR_MCE
WAPA BR 2 MCE
GHG F ee A locat on
DR A locat on
OS22 New W nd 2026
Gene c LT W nd NM 2030
Gene c LT W nd_2033
Gene c LT Geothe mal 2030
MTR LDS 2026
VAMO_ST_B omass
VAMO ST Sola PV
VAMO ST W nd
VAMO ST Small Hyd o
VAMO ST Geothe mal
Gene c ST B omass
Gene c ST Sola
Gene c ST W nd
Gene c ST Small Hyd o
Gene c ST Geothe mal
Gene c ST La ge Hyd o/ACS
Gene c LDS_2030
Gene c 4 Hou Sto age 2028
Gene c 4 Hou Sto age 2034
Gene c CCGT RA_2023
Gene c CCGT RA 2024
Gene c CCGT RA 2025
Gene c CCGT RA 2026
Gene c CCGT RA 2027
Gene c CCGT RA_2028
Gene c CCGT RA 2029
Gene c CCGT RA 2030
Gene c CCGT RA_2031
Gene c CCGT RA 2032
Gene c CCGT RA 2033
Gene c CCGT RA_2034
Gene c CCGT RA 2035
RESI RA 2 NS MCE
PGE Onl ne ccgt 1
PGE Onl ne ccgt 2
PGE_Onl ne_ccgt_3
PGE Onl ne chp
PGE Onl ne chp 1
PGE_Onl ne_chp_2
PGE Onl ne batte y
PGE Development batte y 1
PGE_Development_batte y_2
contract_execution_date_year contract_execut on_date_month contract_execut on_date_day tx_upgrades tx_upgrade_date_year tx_upgrade_date_month tx_upgrade_date_day tx_upgrade_descript on d1911016_tranche d2106035_procurement_cat mtr_tranche1_NQC mtr_tranche2_NQC mtr_tranche3_NQC mtr_tranche4_NQC_LDES mtr_tranche4_NQC_firm_ZE mtr_NQC_ZE_gen_paired_dr previous_COD_year 2010 12 3 NA NA
2010 12 3 NA NA
2013 7 11 NA NA
2012 7 6 NA NA
2016 12 5 NA NA
2014 11 6 NA 3 NA 2017
2016 11 15 NA NA
2014 10 7 NA NA
2015 4 14 NA NA
2016 11 18 NA NA
2015 9 4 NA NA
2015 9 4 NA NA
2016 9 15 NA NA
2016 9 23 NA NA
2016 9 23 NA NA
2016 9 23 NA NA
2016 9 23 NA NA
2012 5 8 NA NA
2014 10 3 NA NA
2018 8 30 NA NA
2018 8 30 NA NA
2018 8 30 NA NA
2018 8 30 NA NA
2018 8 30 NA NA
2019 3 7 NA NA
2019 3 7 NA NA
2018 10 24 NA NA
2018 10 31 NA NA
2018 5 8 NA NA
2018 3 23 NA NA
2011 7 8 NA NA
2011 7 8 NA NA
2011 7 8 NA NA
2017 5 30 NA 3 NA 2017
2017 5 30 NA 3 NA 2017
2020 1 22 NA NA
2019 3 7 NA NA
2020 7 29 NA NA
2020 10 15 NA NA
2018 10 19 YES Completed 3 NA 2022
2020 12 11 NA NA
2021 3 8 NA NA
2021 4 5 NA NA
2021 3 29 NA NA
2021 4 14 NA NA
2021 7 16 NA NA
2021 9 6 NA NA
2021 11 1 NA NA
2021 11 29 NA NA
2022 2 4 YES 2024 10 1 NA gene al & ZE gen pa ed d 75 61.3 2022 2 23 NO NA NA
2022 3 20 NA NA
2022 3 20 NA NA
2020 9 25 YES NA gene al & ZE gen pa ed d 58 7.9 48.1 2022 2022 7 26 NA NA
2019 8 1 NA NA
NA NA
2020 2 28 NA 1&2 NA 2001
NA NA
NA NA
NA NA
NA NA
2022 8 4 NA gene al 167.795
2015 6 22 NA NA
2015 6 22 NA NA
2019 4 26 NA NA
2020 9 15 NA NA
2020 2 14 NA NA
2021 12 17 NA NA
2022 4 11 NA NA
2022 5 18 NA NA
2022 5 18 NA NA
2011 12 14 NA NA
2021 3 18 NA NA
NA NA
NA NA
NA NA
NA NA
NA NA
NA NA
NA long du at on sto age 31.28
NA NA
NA NA
NA NA
NA NA
NA NA
NA NA
NA NA
NA NA
NA NA
NA NA
NA NA
NA NA
NA NA
NA NA
NA NA
NA NA
NA NA
NA NA
NA NA
NA NA
NA NA
NA NA
NA NA
NA NA
NA NA
NA NA
NA NA
2022 8 31 NA 3
2017 1 1
2017 1 1
2017 1 1
2017 1 1
2017 1 1
2017 1 1
2017 1 1
2022 1 1
2022 1 1
30 MMT RSP Page 4 AI#08_Att.: MCE 2022 CPUC Compliance Integrated Resource Plan un que_cont acts
lse_unique_contract_id
Ost om_MCE
Hay MCE
Geyse s MCE
L ncoln MCE
Voyage II MCE
WM_MCE
Antelope 2 MCE
Cooley I MCE
Cost Plus_MCE
Dese t Ha vest MCE
F eethy 1 MCE
F eethy 2_MCE
G eat Valley MCE
L ttle Bea 1 MCE
L ttle Bea 3 MCE
L ttle Bea 4 MCE
L ttle Bea 5_MCE
SR A po t MCE
Mustang MCE
Soscal Fe y Sola C_MCE
Soscal Fe y Sola D MCE
Ame can Canyon Sola A MCE
Ame can Canyon Sola B_MCE
Ame can Canyon Sola C MCE
S lve a Ranch A MCE
S lve a Ranch B_MCE
SR A po t 2 MCE
EO P oducts MCE
Oakley RV & Boat Sto age MCE
DRES Qua y 2.4 MCE
Co co an_MCE
Goose Lake MCE
Buck MCE
MCE Sola 1_8.5_MCE
MCE Sola 1 2.0 MCE
Ke n Tule PCC1 1 LT MCE
S lve a Ranch C_MCE
Lake He man PCC1 1 LT MCE
By on Sola PCC1 1 LT MCE
St auss PCC1 1 LT MCE
By on Sola PCC1 2 LT MCE
Haywo th_PCC1_1_LT_MCE
Fallon PCC1 1 LT MCE
RPCA PCC1 1 LT MCE
Napa_PCC1_1_LT_MCE
CMSA PCC1 2 LT MCE
EBCE PCC1 Sale 1 MCE
SJCE_PCC1_Sale_1_MCE
PCEA PCC1 Sale 1 MCE
Golden F elds PCC1 LT MCE
Ranch Se eno_PCC1_LT_MCE
CES Elect on Fa m PCC1 DAC 1 LT MCE
CES Elect on Fa m PCC1 DAC 2 LT MCE
Daggett PCC1 1 LT MCE
Ma sh Land ng LLC RA 1 BAF MCE
WELLHEAD_RA_3_POF_MCE
CALPINE RA 35 S F MCE
CALPINE RA 34 NS MCE
CALPINE_RA_44_NS_MCE
CALPINE RA 67 NS MCE
CALPINE RA 68 NSF MCE
ENERSPONSE_RA_2_SS_MCE
Hecate Sto age RA 2024
EBMUD B1 MCE
EBMUD B1 MCE
SENA CF 13 MCE
MSCG_CF_5_MCE
B ookf eld CF 4 MCE
TENASKA CF 2 MCE
POWEREX_CF_3_MCE
Powe ex CF 4 MCE
Powe ex CF 5 MCE
WAPA_BR_MCE
WAPA BR 2 MCE
GHG F ee A locat on
DR A locat on
OS22 New W nd 2026
Gene c LT W nd NM 2030
Gene c LT W nd_2033
Gene c LT Geothe mal 2030
MTR LDS 2026
VAMO_ST_B omass
VAMO ST Sola PV
VAMO ST W nd
VAMO ST Small Hyd o
VAMO ST Geothe mal
Gene c ST B omass
Gene c ST Sola
Gene c ST W nd
Gene c ST Small Hyd o
Gene c ST Geothe mal
Gene c ST La ge Hyd o/ACS
Gene c LDS_2030
Gene c 4 Hou Sto age 2028
Gene c 4 Hou Sto age 2034
Gene c CCGT RA_2023
Gene c CCGT RA 2024
Gene c CCGT RA 2025
Gene c CCGT RA 2026
Gene c CCGT RA 2027
Gene c CCGT RA_2028
Gene c CCGT RA 2029
Gene c CCGT RA 2030
Gene c CCGT RA_2031
Gene c CCGT RA 2032
Gene c CCGT RA 2033
Gene c CCGT RA_2034
Gene c CCGT RA 2035
RESI RA 2 NS MCE
PGE Onl ne ccgt 1
PGE Onl ne ccgt 2
PGE_Onl ne_ccgt_3
PGE Onl ne chp
PGE Onl ne chp 1
PGE_Onl ne_chp_2
PGE Onl ne batte y
PGE Development batte y 1
PGE_Development_batte y_2
prev ous_COD_month previous_COD_day remediat on_plan signed_contract notice_to_proceed public_contract buying_energy_capac ty NQC_reporting_source procurement_origin csp_resource_category csp_annual_2024 csp_annual_2026 csp_annual_2030 csp_annual_2035 macro_supertype notes YES Ene gyCapac ty Calculated RPS, RA B ogas (GWh) 12 12 12 0 phys cal YES Ene gyCapac ty Calculated RPS, RA B ogas (GWh) 11 11 11 0 phys cal YES Ene gyCapac ty Calculated RPS, RA Geothe mal (GWh) 88 88 0 0 phys cal YES Ene gyCapac ty Calculated RPS, RA B ogas (GWh) 27 27 27 0 phys cal YES Ene gyCapac ty Calculated RPS, RA W nd Ex st ng Cal fo n a GWh) 138 138 137 0 phys cal 9 14 NO YES NO s YES es u ce a c pable of e g ble D 1 11 0 6 s fo f D E gyCapa ty C lc ate RPS, R B gas GWh 30 0 0 3 MCE p ov executed cont act n ts Feb ua y 1, 2021 compl anc y cal YES Ene gyCapac ty Calculated RPS, RA Sola Ex st ng Cal fo n a (GWh) 294 292 286 279 phys cal YES Ene gyCapac ty Calculated RPS, RA Sola Ex st ng Cal fo n a (GWh) 2 2 2 2 ex st nggene c YES Ene gyCapac ty Calculated RPS, RA Sola Ex st ng Cal fo n a (GWh) 1 1 1 1 ex st nggene c YES Ene gyCapac ty Calculated RPS, RA Sola Ex st ng Cal fo n a (GWh) 258 255 250 243 phys cal YES Ene gyCapac ty Calculated RPS, RA Sola Ex st ng Cal fo n a (GWh) 2 2 2 2 ex st nggene c YES Ene gyCapac ty Calculated RPS, RA Sola Ex st ng Cal fo n a (GWh) 2 2 2 2 ex st nggene c YES Ene gyCapac ty Calculated RPS, RA Sola Ex st ng Cal fo n a (GWh) 286 284 281 0 phys cal YES Ene gyCapac ty Calculated RPS, RA Sola Ex st ng Cal fo n a (GWh) 108 107 105 102 phys cal YES Ene gyCapac ty Calculated RPS, RA Sola Ex st ng Cal fo n a (GWh) 54 53 52 51 phys cal YES Ene gyCapac ty Calculated RPS, RA Sola Ex st ng Cal fo n a (GWh) 135 133 131 127 phys cal YES Ene gyCapac ty Calculated RPS, RA Sola Ex st ng Cal fo n a (GWh) 135 133 131 127 phys cal YES Ene gyCapac ty Calculated RPS, RA Sola Ex st ng Cal fo n a (GWh) 2 2 2 0 ex st nggene c YES Ene gyCapac ty Calculated RPS, RA Sola Ex st ng Cal fo n a (GWh) 82 81 79 0 phys cal YES Ene gyCapac ty Calculated RPS Sola Ex st ng Cal fo n a (GWh) 3 3 3 3 ex st nggene c YES Ene gyCapac ty Calculated RPS Sola Ex st ng Cal fo n a (GWh) 3 3 3 3 ex st nggene c YES Ene gyCapac ty Calculated RPS Sola Ex st ng Cal fo n a (GWh) 3 3 3 3 ex st nggene c YES Ene gyCapac ty Calculated RPS Sola Ex st ng Cal fo n a (GWh) 3 3 3 3 ex st nggene c YES Ene gyCapac ty Calculated RPS Sola Ex st ng Cal fo n a (GWh) 3 3 3 3 ex st nggene c YES Ene gyCapac ty Calculated RPS Sola Ex st ng Cal fo n a (GWh) 3 3 3 3 ex st nggene c YES Ene gyCapac ty Calculated RPS Sola Ex st ng Cal fo n a (GWh) 3 3 3 3 ex st nggene c YES Ene gyCapac ty Calculated RPS Sola Ex st ng Cal fo n a (GWh) 2 2 2 0 ex st nggene c YES Ene gyCapac ty Calculated RPS Sola Ex st ng Cal fo n a (GWh) 1 1 0 0 ex st nggene c YES Ene gyCapac ty Calculated RPS Sola Ex st ng Cal fo n a (GWh) 2 2 2 2 ex st nggene c YES Ene gyCapac ty Calculated RPS Sola Ex st ng Cal fo n a (GWh) 1 1 0 0 ex st nggene c YES Ene gyCapac ty Calculated RPS, RA Sola Ex st ng Cal fo n a (GWh) 28 28 27 26 phys cal YES Ene gyCapac ty Calculated RPS, RA Sola Ex st ng Cal fo n a (GWh) 31 30 30 29 phys cal YES Ene gyCapac ty Calculated RPS Sola Ex st ng Cal fo n a (GWh) 3 3 2 1 ex st nggene c 12 22 NO YES NO s YES es u ce a c pable of e g ble ou c p .19 1 - 1 MCE s fo f D E gyCapa ty C lc ate RPS, R S l Ex st g l o a GWh) 17 7 7 1 MCE p ov executed cont act n ts Feb ua y 1, 2021 compl anc y cal 12 22 NO YES NO s YES En g Ca ac y e u e t capa l o e g e so p D. 1 16 MCE n o . C lc t d RPS RA S la E st Ca fo ( W ) 4 4 M E ov executed cont act n ts Feb ua y 1, 2021 compl anc h s al YES Ene gyCapac ty Calculated RPS, RA Sma l Hyd o (GWh) 37 37 37 37 phys cal YES Ene gyCapac ty Calculated RPS Sola Ex st ng Cal fo n a (GWh) 3 3 3 3 ex st nggene c YES Ene gyCapac ty Calculated RPS, RA Sola Ex st ng Cal fo n a (GWh) 3 3 3 3 ex st nggene c YES Ene gyCapac ty Calculated RPS, RA Sola Ex st ng Cal fo n a (GWh) 3 3 3 3 ex st nggene c h s u e s a c 7 g e 1 YES a co 1 6 MW f NQ tow d 19 1 0 6 e u v ded t e o t act a d 3) s gned land le e 1 co e D S p mp d t e Co med at on Plan and (2) a P oject T mel ne. In ts Feb YES YES a y n c a at on n e y a a t C lc t d RP , R W Ne PG E (GWh) 91 2 90 290 y l YES Ene gyCapac ty Calculated RPS Sola Ex st ng Cal fo n a (GWh) 8 8 8 8 ex st nggene c YES Ene gyCapac ty Calculated RPS Sola Ex st ng Cal fo n a (GWh) 2 2 2 2 ex st nggene c YES Ene gyCapac ty Calculated RPS Sola Ex st ng Cal fo n a (GWh) 2 2 2 2 ex st nggene c YES Yes, but p c ng and any f nanc al nfo mat on oEne gyCapac ty Calculated RPS, RA Sola D st buted (GWh) 14 14 14 13 newgene c Feed n ta ff YES Ene gyCapac ty Calculated RPS Sola Ex st ng Cal fo n a (GWh) 1 1 1 1 ex st nggene c YES Ene gyCapac ty Calculated RPS B omass (GWh) 4 4 4 0 ex st nggene c YES Ene gyOnly Calculated RPS Sola Ex st ng Cal fo n a (GWh) 8 0 0 0 phys cal YES Ene gyOnly Calculated RPS Sola Ex st ng Cal fo n a (GWh) 4 0 0 0 phys cal YES Ene gyOnly Calculated RPS Sola Ex st ng Cal fo n a (GWh) 10 0 0 0 phys cal YES Yes, but p c ng and any f nanc al nfo mat on o o e t e o te m- el e equ me t u D.2 0 . C te a xp c s t Ene y apa ty C lc ate RPS D.21-06- 35 o P e So an Batte (GWh) 0 l 7 a d 06 0 295 5 so e pe s count towa ds meet ng the subset of MCE's equ em n w n YES Yes, but p c ng and any f nanc al nfo mat on oEne gyCapac ty Calculated RPS, RA Sola D st buted (GWh) 5 5 5 5 newgene c Feed n ta ff YES Yes, but p c ng and any f nanc al nfo mat on oEne gyCapac ty Calculated RPS,RA Sola D st buted (GWh) 1 1 1 1 newgene c Feed n ta ff YES Yes, but p c ng and any f nanc al nfo mat on oEne gyCapac ty Calculated RPS Sola D st buted (GWh) 12 12 12 12 newgene c Feed n ta ff 12 31 NA YES Yes, but p c ng and any f nanc al nfo mat on oEne gyCapac ty o us h d-te m mpl ce q em t p u t to D. 1 06-0 e d so a p W of D.2 0 0 Cal lated RPS R Hy Pa S la a d tt G 328 32 319 31 n en c . MCE also expects th s esou ce to count towa ds me YES Capac tyOnly Calculated RA NA 0 0 0 0 phys cal
YES Capac tyOnly In the cont act RA NA 0 0 0 0 phys cal YES Capac tyOnly In the cont act RA NA 0 0 0 0 phys cal 7 1 NO YES NO YES o ew cont l g bl a em me t e D.1 1 t 5 D m C UC ex cu n ts Feb ua y 1, 2021 compl ance f l ng pe D.20-12- Cap c t O y th ont act D19 101 RA NA 0 0 s e ed m t YES Capac tyOnly In the cont act RA NA 0 0 0 0 ex st nggene c YES Capac tyOnly In the cont act RA NA 0 0 0 0 ex st nggene c YES Capac tyOnly In the cont act RA NA 0 0 0 0 ex st nggene c YES Capac tyOnly In the cont act RA NA 0 0 0 0 ex st nggene c YES Yes, but p c ng and any f nanc al nfo mat on Capac tyOnly Calculated D2106035 Batte y Sto age MWh Ene gy Capac ty) 555 n RA u c o 7 0 740 7 0 nety com l nt pu suant to D.21-06-035. MCE ntends and expect YES Ene gyOnly Calculated RPS Sma l Hyd o (GWh) 45.8 0 0 0 phys cal YES Ene gyOnly Calculated RPS Sma l Hyd o (GWh) 139 5 0 0 0 phys cal YES Ene gyOnly Calculated pol cy La ge Hyd o (GWh) 200 0 0 0 ex st nggene c YES Ene gyOnly Calculated pol cy Impo ted Hyd o (GWh) 400 0 0 0 ex st nggene c YES Ene gyOnly Calculated pol cy Impo ted Hyd o (GWh) 200 0 0 0 ex st nggene c YES Ene gyOnly Calculated pol cy La ge Hyd o (GWh) 120 0 0 0 phys cal YES Ene gyOnly Calculated pol cy Impo ted Hyd o (GWh) 250 0 0 0 ex st nggene c YES Ene gyOnly Calculated pol cy Impo ted Hyd o (GWh) 200 0 0 0 ex st nggene c YES Ene gyOnly Calculated pol cy Impo ted Hyd o (GWh) 100 0 0 0 ex st nggene c YES Ene gyOnly Calculated RPS La ge Hyd o (GWh) 25 0 0 0 ex st nggene c YES Ene gyOnly Calculated RPS La ge Hyd o (GWh) 0 25 25 25 ex st nggene c No Ene gyOnly Calculated allocat on La ge Hyd o (GWh) 500 500 500 500 ex st nggene c No Capac tyOnly In the cont act allocat on Shed DR MW) 0 0 0 0 ex st nggene c NA NO No Ene gyCapac ty Calculated RPS, RA W nd New SCE SDG&E (GWh) 0 263 263 263 newgene c Gene c NA NO No Ene gyCapac ty Calculated RPS, RA W nd New Mex co (GWh) 0 0 250 250 new esolve Gene c NA NO No Ene gyCapac ty Calculated RPS, RA W nd Offsho e Mo o Bay (GWh) 0 0 0 400 new esolve Gene c NA NO No Ene gyCapac ty Calculated RPS, RA Geothe mal (GWh) 0 0 580 580 newgene c Gene c NA NO No Ene gyCapac ty Calculated D2106035 Batte y Sto age MWh Ene gy Capac ty) 0 0 0 0 newgene c Gene c Yes Ene gyOnly Calculated allocat on B omass (GWh) 33 0 0 0 ex st nggene c Yes Ene gyOnly Calculated allocat on Sola Ex st ng Cal fo n a (GWh) 206 0 0 0 ex st nggene c Yes Ene gyOnly Calculated allocat on W nd Ex st ng Cal fo n a GWh) 165 0 0 0 ex st nggene c Yes Ene gyOnly Calculated allocat on Sma l Hyd o (GWh) 14 0 0 0 ex st nggene c Yes Ene gyOnly Calculated allocat on Geothe mal (GWh) 70 0 0 0 ex st nggene c No Ene gyOnly Calculated RPS B omass (GWh) 28 34 0 16 ex st nggene c No Ene gyOnly Calculated RPS Sola Ex st ng Cal fo n a (GWh) 138 171 0 79 ex st nggene c No Ene gyOnly Calculated RPS W nd Ex st ng Cal fo n a GWh) 303 558 214 374 ex st nggene c No Ene gyOnly Calculated RPS Sma l Hyd o (GWh) 55 69 0 32 ex st nggene c No Ene gyOnly Calculated RPS Geothe mal (GWh) 142 98 117 149 ex st nggene c No Ene gyOnly Calculated RPS Impo ted Hyd o (GWh) 0 766 69 120 ex st nggene c NA NO No Ene gyCapac ty Calculated RA Batte y Sto age MWh Ene gy Capac ty) 0 0 400 400 newgene c Gene c NA NO No Ene gyCapac ty Calculated RA Batte y Sto age MWh Ene gy Capac ty) 0 0 800 800 newgene c Gene c NA NO No Ene gyCapac ty Calculated RA Batte y Sto age MWh Ene gy Capac ty) 0 0 0 800 newgene c Gene c No Capac tyOnly Calculated RA NA 0 0 0 0 ex st nggene c No Capac tyOnly Calculated RA NA 0 0 0 0 ex st nggene c No Capac tyOnly Calculated RA NA 0 0 0 0 ex st nggene c No Capac tyOnly Calculated RA NA 0 0 0 0 ex st nggene c No Capac tyOnly Calculated RA NA 0 0 0 0 ex st nggene c No Capac tyOnly Calculated RA NA 0 0 0 0 ex st nggene c No Capac tyOnly Calculated RA NA 0 0 0 0 ex st nggene c No Capac tyOnly Calculated RA NA 0 0 0 0 ex st nggene c No Capac tyOnly Calculated RA NA 0 0 0 0 ex st nggene c No Capac tyOnly Calculated RA NA 0 0 0 0 ex st nggene c No Capac tyOnly Calculated RA NA 0 0 0 0 ex st nggene c No Capac tyOnly Calculated RA NA 0 0 0 0 ex st nggene c No Capac tyOnly Calculated RA NA 0 0 0 0 ex st nggene c YES NO b any f nanc al nfo mat on Capac tyOnly In the cont act D1911016, RA Shed DR MW)T s c n 15 15 15 M es u e east 15 MW of nc emental NQC towa ds MCE's D 19 1 0 new e e Ene gyCapac ty NA 0 0 0 0
Ene gyCapac ty NA 0 0 0 0
Ene gyCapac ty NA 0 0 0 0
Ene gyCapac ty NA 0 0 0 0
Ene gyCapac ty NA 0 0 0 0
Ene gyCapac ty NA 0 0 0 0
Capac tyOnly Batte y Sto age MWh Ene gy Capac ty) 93.23439546 93.23439546 93.23439546 93.23439546 Capac tyOnly Batte y Sto age MWh Ene gy Capac ty) 23.30859887 23.30859887 23.30859887 23.30859887 Ene gyCapac ty Batte y Sto age MWh Ene gy Capac ty) 0.385368835 0 385368835 0 385368835 0 385368835 30 MMT RSP Page 5 AI#08_Att.: MCE 2022 CPUC Compliance Integrated Resource Plan Calcs
resource contract_status contracted_nameplate_capacity is_hybrid_paired can_charge_from_grid contracted_generator_mw contracted_storage_mw contracted_storage_depth_mwh buy_sell_own contract_start_date_year contract_start_date_month contract_start_date_day contract_end_date_year WHEATL_6_LNDFIL Online 2 NotHybrid 0 0 0 0 0 2013 7 1 2031 PEABDY_2_LNDFIL Online 2 NotHybrid 0 0 0 0 0 2013 7 1 2033 GEYS13_7_UNIT13 Online 10 NotHybrid 0 0 0 0 0 2017 1 1 2026 PLSNTG_7_LNCLND Online 5 NotHybrid 0 0 0 0 0 2013 2 14 2033 VOYAGR_2_VOYWD3 Online 0 NotHybrid 0 0 0 0 0 2018 12 29 2030 NOVATO_6_LNDFL Online 4 NotHybrid 0 0 0 0 0 2017 9 14 2037 BGSKYN_2_AS2SR1 Online 105 NotHybrid 0 0 0 0 0 2019 1 1 2038 _EXISTING_GENERIC_SOLAR_FIXED Online 1 NotHybrid 0 0 0 0 0 2017 3 1 2037 _EXISTING_GENERIC_SOLAR_FIXED Online 1 NotHybrid 0 0 0 0 0 2016 9 1 2036 DSRTHV_2_DH1SR1 Online 80 NotHybrid 0 0 0 0 0 2020 12 17 2040 _EXISTING_GENERIC_SOLAR_FIXED Online 1 NotHybrid 0 0 0 0 0 2016 10 6 2036 _EXISTING_GENERIC_SOLAR_FIXED Online 1 NotHybrid 0 0 0 0 0 2016 10 6 2036 TRNQL8_2_ROJSR1 Online 100 NotHybrid 0 0 0 0 0 2018 4 14 2033 LTBERA 1 LB1SR1 Online 40 NotHybrid 0 0 0 0 0 2020 12 10 2040 LTBEAR 1 LB3SR3 Online 20 NotHybrid 0 0 0 0 0 2020 12 10 2040 LTBEAR 1 LB4SR4 Online 50 NotHybrid 0 0 0 0 0 2020 12 10 2040 LTBEAR 1 LB4SR5 Online 50 NotHybrid 0 0 0 0 0 2020 12 10 2040 EXISTING GENERIC SOLAR FIXED Online 1 NotHybrid 0 0 0 0 0 2012 10 23 2032 MSTANG 2 SOLAR4 Online 30 NotHybrid 0 0 0 0 0 2015 6 25 2032 EXISTING GENERIC SOLAR FIXED Online 1 NotHybrid 0 0 0 0 0 2020 8 30 2040 EXISTING GENERIC SOLAR FIXED Online 1 NotHybrid 0 0 0 0 0 2020 8 30 2040 EXISTING GENERIC SOLAR FIXED Online 1 NotHybrid 0 0 0 0 0 2019 9 1 2039 EXISTING GENERIC SOLAR FIXED Online 1 NotHybrid 0 0 0 0 0 2019 9 1 2039 _EXISTING_GENERIC_SOLAR_FIXED Online 1 NotHybrid 0 0 0 0 0 2019 9 1 2039 _EXISTING_GENERIC_SOLAR_FIXED Online 1 NotHybrid 0 0 0 0 0 2021 3 30 2041 _EXISTING_GENERIC_SOLAR_FIXED Online 1 NotHybrid 0 0 0 0 0 2021 3 30 2041 _EXISTING_GENERIC_SOLAR_FIXED Online 1 NotHybrid 0 0 0 0 0 2020 9 30 2040 _EXISTING_GENERIC_SOLAR_FIXED Online 1 NotHybrid 0 0 0 0 0 2018 12 10 2038 _EXISTING_GENERIC_SOLAR_FIXED Online 1 NotHybrid 0 0 0 0 0 2018 7 31 2038 _EXISTING_GENERIC_SOLAR_FIXED Online 0 NotHybrid 0 0 0 0 0 2019 5 14 2039 CORCAN_1_SOLAR2 Online 11 NotHybrid 0 0 0 0 0 2015 5 22 2040 GOOSLK_1_SOLAR1 Online 12 NotHybrid 0 0 0 0 0 2015 5 22 2040 _EXISTING_GENERIC_SOLAR_FIXED Online 1 NotHybrid 0 0 0 0 0 2015 5 22 2040 RICHMN_1_CHVSR2 Online 9 NotHybrid 0 0 0 0 0 2017 12 22 2037 RICHMN_1_SOLAR Online 2 NotHybrid 0 0 0 0 0 2017 12 22 2037 KRNCNY_6_UNIT Online 11 NotHybrid 0 0 0 0 0 2021 7 5 2036 _EXISTING_GENERIC_SOLAR_FIXED Online 1 NotHybrid 0 0 0 0 0 2021 3 30 2041 _EXISTING_GENERIC_SOLAR_FIXED Online 5 NotHybrid 0 0 0 0 0 2021 9 30 2041 EXISTING GENERIC SOLAR FIXED Online 3 NotHybrid 0 0 0 0 0 2022 5 21 2042 STRAUSSWIND Development 91 NotHybrid 0 0 0 0 0
EXISTING GENERIC SOLAR FIXED Online 1 NotHybrid 0 0 0 0 0 2021 12 1 2041 EXISTING GENERIC SOLAR FIXED Online 1 NotHybrid 0 0 0 0 0 2021 10 1 2041 EXISTING GENERIC SOLAR FIXED Online 1 NotHybrid 0 0 0 0 0 2021 12 1 2041 NEW GENERIC SOLAR FIXED Development 5 NotHybrid 0 0 0 0 0 2022 11 30 2042 EXISTING GENERIC SOLAR FIXED Online 1 NotHybrid 0 0 0 0 0 2021 11 1 2041 EXISTING GENERIC BIOMASS/WOOD Online 1 NotHybrid 0 0 0 0 0 2022 7 16 2032 GOOSLK 1 SOLAR1 Online 0 NotHybrid 0 0 0 0 Sell 2021 9 6 2024 CORCAN 1 SOLAR2 Online 0 NotHybrid 0 0 0 0 Sell 2021 11 1 2024 GOOSLK_1_SOLAR1 Online 0 NotHybrid 0 0 0 0 Sell 2022 1 17 2024 _NEW_GENERIC_SOLAR_1AXIS Development 100 NewSolarNewStorage NO 100 92 368 0 2025 3 1 2040 _NEW_GENERIC_SOLAR_1AXIS Development 2 NewSolarNewStorage NO 2 0.8 3.2 0 2024 2 22 2044 _NEW_GENERIC_SOLAR_1AXIS Development 0 NotHybrid 0 0 0 0 0 2023 12 31 2043 _NEW_GENERIC_SOLAR_1AXIS Development 4 NotHybrid 0 0 0 0 0 2023 12 31 2043 _NEW_GENERIC_SOLAR_1AXIS Development 110 NewSolarNewStorage NO 110 60 240 0 2023 8 28 2038 COCOPP_2_CTG4 Online 81 NotHybrid 0 0 0 0 0 2023 5 1 2026 AGRICO_7_UNIT Online 50 NotHybrid 0 0 0 0 0 2020 1 1 2030 BOGUE_1_UNITA1 Online 32 NotHybrid 0 0 0 0 0 2023 1 1 2024 SUTTER_2_CISO Online 70 NotHybrid 0 0 0 0 0 2021 1 1 2023 _EXISTING_GENERIC_COMBINED_CYCLE Online 25 NotHybrid 0 0 0 0 0 2022 1 1 2028 _EXISTING_GENERIC_COMBINED_CYCLE Online 15 NotHybrid 0 0 0 0 0 2022 7 1 2030 _EXISTING_GENERIC_COMBINED_CYCLE Online 15 NotHybrid 0 0 0 0 0 2023 1 1 2030 _EXISTING_GENERIC_DR Online 20 NotHybrid 0 0 0 0 0 2023 4 1 2025 _NEW_GENERIC_BATTERY_STORAGE Development 185 NotHybrid 0 0 0 740 0 2024 4 1 2034 CAMCHE 1 PL1X3 Online 0 NotHybrid 0 0 0 0 0 2015 7 1 2025 PARDEB 6 UNITS Online 0 NotHybrid 0 0 0 0 0 2023 1 1 2024 EXISTING GENERIC INSTATE LARGE H Online 0 NotHybrid 0 0 0 0 0 2024 1 1 2024 EXISTING GENERIC NW HYDRO Online 0 NotHybrid 0 0 0 0 0 2021 1 1 2024 EXISTING GENERIC NW HYDRO Online 0 NotHybrid 0 0 0 0 0 2021 1 1 2024 EXCHEC 7 UNIT 1 Online 0 NotHybrid 0 0 0 0 0 2022 1 1 2024 EXISTING GENERIC NW HYDRO Online 0 NotHybrid 0 0 0 0 0 2023 1 1 2025 EXISTING GENERIC NW HYDRO Online 0 NotHybrid 0 0 0 0 0 2022 5 20 2025 EXISTING GENERIC NW HYDRO Online 0 NotHybrid 0 0 0 0 0 2023 1 1 2025 EXISTING GENERIC INSTATE LARGE H Online 0 NotHybrid 0 0 0 0 0 2015 1 1 2024 _EXISTING_GENERIC_INSTATE_LARGE_H Online 0 NotHybrid 0 0 0 0 0 2025 1 1 2054 _EXISTING_GENERIC_INSTATE_LARGE_H PlannedExisting 0 NotHybrid 0 0 0 0 Buy 2024 1 1 2043 EXISTING GENERIC DR Online 0 NotHybrid 0 0 0 0 Buy 2023 1 1 2042 _NEW_GENERIC_WIND PlannedNew 100 NotHybrid 0 0 0 0 0 2026 1 1 2045 _CREZ_GENERIC_NEW_MEXICO_WIND PlannedNew 70 NotHybrid 0 0 0 0 0 2030 1 1 2049 _CREZ_GENERIC_MORRO_BAY_OFFSHOR PlannedNew 95 NotHybrid 0 0 0 0 0 2033 1 1 2052 _NEW_GENERIC_GEOTHERMAL PlannedNew 75 NotHybrid 0 0 0 0 0 2030 1 1 2049 _NEW_GENERIC_BATTERY_STORAGE PlannedNew 40 NotHybrid 0 0 0 320 0 2026 1 1 2045 _EXISTING_GENERIC_BIOMASS/WOOD Online 0 NotHybrid 0 0 0 0 Buy 2023 1 1 2024 _EXISTING_GENERIC_SOLAR_FIXED Online 0 NotHybrid 0 0 0 0 Buy 2023 1 1 2024 EXISTING GENERIC WIND Online 0 NotHybrid 0 0 0 0 Buy 2023 1 1 2024 EXISTING GENERIC INSTATE SMALL H Online 0 NotHybrid 0 0 0 0 Buy 2023 1 1 2024 EXISTING GENERIC GEOTHERMAL Online 0 NotHybrid 0 0 0 0 Buy 2023 1 1 2024 EXISTING GENERIC BIOMASS/WOOD PlannedExisting 0 NotHybrid 0 0 0 0 0 2023 1 1 2042 EXISTING GENERIC SOLAR FIXED PlannedExisting 0 NotHybrid 0 0 0 0 0 2023 1 1 2042 EXISTING GENERIC WIND PlannedExisting 0 NotHybrid 0 0 0 0 0 2023 1 1 2042 EXISTING GENERIC INSTATE SMALL H PlannedExisting 0 NotHybrid 0 0 0 0 0 2023 1 1 2042 EXISTING GENERIC GEOTHERMAL PlannedExisting 0 NotHybrid 0 0 0 0 0 2023 1 1 2042 EXISTING GENERIC NW HYDRO PlannedExisting 0 NotHybrid 0 0 0 0 0 2023 1 1 2042 NEW GENERIC BATTERY STORAGE PlannedNew 50 NotHybrid 0 0 0 400 0 2030 1 1 2049 30 MMT RSP Page 6 AI#08_Att.: MCE 2022 CPUC Compliance Integrated Resource Plan Calcs
_NEW_GENERIC_BATTERY_STORAGE PlannedNew 200 NotHybrid000 8000 202811 2047 _NEW_GENERIC_BATTERY_STORAGE PlannedNew 200 NotHybrid000 8000 203411 2053 _EXISTING_GENERIC_COMBINED_CYCLE PlannedExisting 750 NotHybrid00000 202311 2023 _EXISTING_GENERIC_COMBINED_CYCLE PlannedExisting 686 NotHybrid00000 202411 2024 _EXISTING_GENERIC_COMBINED_CYCLE PlannedExisting 639 NotHybrid00000 202511 2025 _EXISTING_GENERIC_COMBINED_CYCLE PlannedExisting 731 NotHybrid00000 202611 2026 _EXISTING_GENERIC_COMBINED_CYCLE PlannedExisting 672 NotHybrid00000 202711 2027 _EXISTING_GENERIC_COMBINED_CYCLE PlannedExisting 498 NotHybrid00000 202811 2028 _EXISTING_GENERIC_COMBINED_CYCLE PlannedExisting 535 NotHybrid00000 202911 2029 _EXISTING_GENERIC_COMBINED_CYCLE PlannedExisting 425 NotHybrid00000 203011 2030 _EXISTING_GENERIC_COMBINED_CYCLE PlannedExisting 518 NotHybrid00000 203111 2031 _EXISTING_GENERIC_COMBINED_CYCLE PlannedExisting 542 NotHybrid00000 203211 2032 _EXISTING_GENERIC_COMBINED_CYCLE PlannedExisting 530 NotHybrid00000 203311 2033 _EXISTING_GENERIC_COMBINED_CYCLE PlannedExisting 541 NotHybrid00000 203411 2034 EXISTING GENERIC COMBINED CYCLE PlannedExisting 549 NotHybrid00000 203511 2035 NEW GENERIC DR Review 15 NotHybrid00000 202311 2032
EXISTING GENERIC COMBINED CYCLE Online 44 NotHybrid00000 202411 2026 EXISTING GENERIC COMBINED CYCLE Online 39 NotHybrid00000 202411 2025 EXISTING GENERIC COMBINED CYCLE Online 61 NotHybrid00000 202411 2024 EXISTING GENERIC COGEN Online4 NotHybrid00000 202411 2024 EXISTING GENERIC COGEN Online3 NotHybrid00000 202411 2025 EXISTING GENERIC COGEN Online1 NotHybrid00000 202411 2026 EXISTING GENERIC BATTERY STORAGE Online 23 NotHybrid000 93.234395460 202411 2035 NEW GENERIC BATTERY STORAGE Development6 NotHybrid000 23.308598870 202511 2035 _NEW_GENERIC_BATTERY_STORAGE Development0 NotHybrid000 0.3853688350 202411 2035 30 MMT RSP Page 7 AI#08_Att.: MCE 2022 CPUC Compliance Integrated Resource Plan Calcs
resource
WHEATL_6_LNDFIL
PEABDY_2_LNDFIL
GEYS13_7_UNIT13
PLSNTG_7_LNCLND
VOYAGR_2_VOYWD3
NOVATO_6_LNDFL
BGSKYN_2_AS2SR1
_EXISTING_GENERIC_SOLAR_FIXED
_EXISTING_GENERIC_SOLAR_FIXED
DSRTHV_2_DH1SR1
_EXISTING_GENERIC_SOLAR_FIXED
_EXISTING_GENERIC_SOLAR_FIXED
TRNQL8_2_ROJSR1
LTBERA 1 LB1SR1
LTBEAR 1 LB3SR3
LTBEAR 1 LB4SR4
LTBEAR 1 LB4SR5
EXISTING GENERIC SOLAR FIXED
MSTANG 2 SOLAR4
EXISTING GENERIC SOLAR FIXED
EXISTING GENERIC SOLAR FIXED
EXISTING GENERIC SOLAR FIXED
EXISTING GENERIC SOLAR FIXED
_EXISTING_GENERIC_SOLAR_FIXED
_EXISTING_GENERIC_SOLAR_FIXED
_EXISTING_GENERIC_SOLAR_FIXED
_EXISTING_GENERIC_SOLAR_FIXED
_EXISTING_GENERIC_SOLAR_FIXED
_EXISTING_GENERIC_SOLAR_FIXED
_EXISTING_GENERIC_SOLAR_FIXED
CORCAN_1_SOLAR2
GOOSLK_1_SOLAR1
_EXISTING_GENERIC_SOLAR_FIXED
RICHMN_1_CHVSR2
RICHMN_1_SOLAR
KRNCNY_6_UNIT
_EXISTING_GENERIC_SOLAR_FIXED
_EXISTING_GENERIC_SOLAR_FIXED
EXISTING GENERIC SOLAR FIXED
STRAUSSWIND
EXISTING GENERIC SOLAR FIXED
EXISTING GENERIC SOLAR FIXED
EXISTING GENERIC SOLAR FIXED
NEW GENERIC SOLAR FIXED
EXISTING GENERIC SOLAR FIXED
EXISTING GENERIC BIOMASS/WOOD
GOOSLK 1 SOLAR1
CORCAN 1 SOLAR2
GOOSLK_1_SOLAR1
_NEW_GENERIC_SOLAR_1AXIS
_NEW_GENERIC_SOLAR_1AXIS
_NEW_GENERIC_SOLAR_1AXIS
_NEW_GENERIC_SOLAR_1AXIS
_NEW_GENERIC_SOLAR_1AXIS
COCOPP_2_CTG4
AGRICO_7_UNIT
BOGUE_1_UNITA1
SUTTER_2_CISO
_EXISTING_GENERIC_COMBINED_CYCLE
_EXISTING_GENERIC_COMBINED_CYCLE
_EXISTING_GENERIC_COMBINED_CYCLE
_EXISTING_GENERIC_DR
_NEW_GENERIC_BATTERY_STORAGE
CAMCHE 1 PL1X3
PARDEB 6 UNITS
EXISTING GENERIC INSTATE LARGE H
EXISTING GENERIC NW HYDRO
EXISTING GENERIC NW HYDRO
EXCHEC 7 UNIT 1
EXISTING GENERIC NW HYDRO
EXISTING GENERIC NW HYDRO
EXISTING GENERIC NW HYDRO
EXISTING GENERIC INSTATE LARGE H
_EXISTING_GENERIC_INSTATE_LARGE_H
_EXISTING_GENERIC_INSTATE_LARGE_H
EXISTING GENERIC DR
_NEW_GENERIC_WIND
_CREZ_GENERIC_NEW_MEXICO_WIND
_CREZ_GENERIC_MORRO_BAY_OFFSHOR
_NEW_GENERIC_GEOTHERMAL
_NEW_GENERIC_BATTERY_STORAGE
_EXISTING_GENERIC_BIOMASS/WOOD
_EXISTING_GENERIC_SOLAR_FIXED
EXISTING GENERIC WIND
EXISTING GENERIC INSTATE SMALL H
EXISTING GENERIC GEOTHERMAL
EXISTING GENERIC BIOMASS/WOOD
EXISTING GENERIC SOLAR FIXED
EXISTING GENERIC WIND
EXISTING GENERIC INSTATE SMALL H
EXISTING GENERIC GEOTHERMAL
EXISTING GENERIC NW HYDRO
NEW GENERIC BATTERY STORAGE
contract_end_date_month contract_end_date_day buying_energy_capacity multiplier resource elc hybrid/pair elcc type (f b start year end year hybrid stor a short durat 2024 2025 2026 2027 2028 2029 2030 2031 2032 2033 2034 2035 6 30 EnergyCapacity 1 biomass_w n/a biomass_w 2014 2030 100% 100% 1.536156 1.577034 1.617911 1.619055 1.620199 1.60572 1.59124 0 0 0 0 0 6 30 EnergyCapacity 1 biomass_w n/a biomass_w 2014 2032 100% 100% 1.260436 1.293976 1.327517 1.328455 1.329394 1.317513 1.305633 1.330399 1.355164 0 0 0 12 31 EnergyCapacity 1 geotherma n/a geotherma 2017 2026 100% 100% 8.640037 8.78262 8.925204 0 0 0 0 0 0 0 0 0 2 13 EnergyCapacity 1 biomass_w n/a biomass_w 2013 2032 100% 100% 3.923107 4.027501 4.131895 4.134817 4.137739 4.100761 4.063782 4.140866 4.217949 0 0 0 12 28 EnergyCapacity 1 in_state_w n/a in_state_w 2019 2030 100% 100% 0 0 0 0 0 0 0 0 0 0 0 0 9 13 EnergyCapacity 1 biogas n/a biogas 2018 2036 100% 100% 2.958149 3.035487 3.112826 3.101022 3.089218 3.05182 3.014423 3.088523 3.162624 3.236724 3.310825 3.384925 12 31 EnergyCapacity 1 utility_pv n/a utility_pv 2019 2038 100% 100% 10.08 10.73107 11.38214 10.67643 9.970732 8.135366 6.3 6.384 6.468 6.552 6.636 6.72 2 28 EnergyCapacity 1 utility_pv n/a utility_pv 2017 2036 100% 100% 0.09504 0.101179 0.107317 0.100664 0.09401 0.076705 0.0594 0.060192 0.060984 0.061776 0.062568 0.06336 8 31 EnergyCapacity 1 utility_pv n/a utility_pv 2017 2035 100% 100% 0.09504 0.101179 0.107317 0.100664 0.09401 0.076705 0.0594 0.060192 0.060984 0.061776 0.062568 0.06336 12 16 EnergyCapacity 1 utility_pv n/a utility_pv 2021 2040 100% 100% 7.68 8.176051 8.672103 8.134426 7.596749 6.198374 4.8 4.864 4.928 4.992 5.056 5.12 10 5 EnergyCapacity 1 utility_pv n/a utility_pv 2017 2036 100% 100% 0.09504 0.101179 0.107317 0.100664 0.09401 0.076705 0.0594 0.060192 0.060984 0.061776 0.062568 0.06336 10 5 EnergyCapacity 1 utility_pv n/a utility_pv 2017 2036 100% 100% 0.09504 0.101179 0.107317 0.100664 0.09401 0.076705 0.0594 0.060192 0.060984 0.061776 0.062568 0.06336 4 13 EnergyCapacity 1 utility_pv n/a utility_pv 2018 2032 100% 100% 9.6 10.22006 10.84013 10.16803 9.495936 7.747968 6 6.08 6.16 0 0 0 12 9 EnergyCapacity 1 utility pv n/a utility pv 2021 2040 100% 100% 3.84 4.088026 4.336051 4.067213 3.798374 3.099187 2.4 2.432 2.464 2.496 2.528 2.56 12 9 EnergyCapacity 1 utility pv n/a utility pv 2021 2040 100% 100% 1.92 2.044013 2.168026 2.033606 1.899187 1.549594 1.2 1.216 1.232 1.248 1.264 1.28 12 9 EnergyCapacity 1 utility pv n/a utility pv 2021 2040 100% 100% 4.8 5.110032 5.420064 5.084016 4.747968 3.873984 3 3.04 3.08 3.12 3.16 3.2 12 9 EnergyCapacity 1 utility pv n/a utility pv 2021 2040 100% 100% 4.8 5.110032 5.420064 5.084016 4.747968 3.873984 3 3.04 3.08 3.12 3.16 3.2 10 22 EnergyCapacity 1 utility pv n/a utility pv 2013 2032 100% 100% 0.09504 0.101179 0.107317 0.100664 0.09401 0.076705 0.0594 0.060192 0.060984 0 0 0 12 31 EnergyCapacity 1 utility pv n/a utility pv 2016 2032 100% 100% 2.88 3.066019 3.252039 3.05041 2.848781 2.32439 1.8 1.824 1.848 0 0 0 8 29 EnergyCapacity 1 utility pv n/a utility pv 2021 2039 100% 100% 0.09504 0.101179 0.107317 0.100664 0.09401 0.076705 0.0594 0.060192 0.060984 0.061776 0.062568 0.06336 8 29 EnergyCapacity 1 utility pv n/a utility pv 2021 2039 100% 100% 0.09504 0.101179 0.107317 0.100664 0.09401 0.076705 0.0594 0.060192 0.060984 0.061776 0.062568 0.06336 8 31 EnergyCapacity 1 utility pv n/a utility pv 2020 2038 100% 100% 0.09504 0.101179 0.107317 0.100664 0.09401 0.076705 0.0594 0.060192 0.060984 0.061776 0.062568 0.06336 8 31 EnergyCapacity 1 utility pv n/a utility pv 2020 2038 100% 100% 0.09504 0.101179 0.107317 0.100664 0.09401 0.076705 0.0594 0.060192 0.060984 0.061776 0.062568 0.06336 8 31 EnergyCapacity 1 utility_pv n/a utility_pv 2020 2038 100% 100% 0.09504 0.101179 0.107317 0.100664 0.09401 0.076705 0.0594 0.060192 0.060984 0.061776 0.062568 0.06336 3 29 EnergyCapacity 1 utility_pv n/a utility_pv 2021 2040 100% 100% 0.09504 0.101179 0.107317 0.100664 0.09401 0.076705 0.0594 0.060192 0.060984 0.061776 0.062568 0.06336 3 29 EnergyCapacity 1 utility_pv n/a utility_pv 2021 2040 100% 100% 0.09504 0.101179 0.107317 0.100664 0.09401 0.076705 0.0594 0.060192 0.060984 0.061776 0.062568 0.06336 9 29 EnergyCapacity 1 utility_pv n/a utility_pv 2021 2039 100% 100% 0.09312 0.099135 0.105149 0.09863 0.092111 0.075155 0.0582 0.058976 0.059752 0.060528 0.061304 0.06208 12 9 EnergyCapacity 1 utility_pv n/a utility_pv 2019 2038 100% 100% 0.09504 0.101179 0.107317 0.100664 0.09401 0.076705 0.0594 0.060192 0.060984 0.061776 0.062568 0.06336 7 30 EnergyCapacity 1 utility_pv n/a utility_pv 2019 2037 100% 100% 0.09504 0.101179 0.107317 0.100664 0.09401 0.076705 0.0594 0.060192 0.060984 0.061776 0.062568 0.06336 5 13 EnergyCapacity 1 utility_pv n/a utility_pv 2019 2038 100% 100% 0.0096 0.01022 0.01084 0.010168 0.009496 0.007748 0.006 0.00608 0.00616 0.00624 0.00632 0.0064 4 30 EnergyCapacity 1 utility_pv n/a utility_pv 2015 2039 100% 100% 1.056 1.124207 1.192414 1.118484 1.044553 0.852276 0.66 0.6688 0.6776 0.6864 0.6952 0.704 4 30 EnergyCapacity 1 utility_pv n/a utility_pv 2015 2039 100% 100% 1.152 1.226408 1.300815 1.220164 1.139512 0.929756 0.72 0.7296 0.7392 0.7488 0.7584 0.768 4 30 EnergyCapacity 1 utility_pv n/a utility_pv 2015 2039 100% 100% 0.09504 0.101179 0.107317 0.100664 0.09401 0.076705 0.0594 0.060192 0.060984 0.061776 0.062568 0.06336 12 21 EnergyCapacity 1 utility_pv n/a utility_pv 2018 2037 100% 100% 0.816 0.868705 0.921411 0.864283 0.807155 0.658577 0.51 0.5168 0.5236 0.5304 0.5372 0.544 12 21 EnergyCapacity 1 utility_pv n/a utility_pv 2018 2037 100% 100% 0.192 0.204401 0.216803 0.203361 0.189919 0.154959 0.12 0.1216 0.1232 0.1248 0.1264 0.128 7 4 EnergyCapacity 1 small_hydr n/a small_hydr 2022 2035 100% 100% 4.307478 4.287055 4.266633 4.043767 3.820902 3.744074 3.667246 3.587345 3.507444 3.427543 3.347642 3.267742 3 29 EnergyCapacity 1 utility_pv n/a utility_pv 2021 2040 100% 100% 0.09504 0.101179 0.107317 0.100664 0.09401 0.076705 0.0594 0.060192 0.060984 0.061776 0.062568 0.06336 9 29 EnergyCapacity 1 utility_pv n/a utility_pv 2022 2040 100% 100% 0.48 0.511003 0.542006 0.508402 0.474797 0.387398 0.3 0.304 0.308 0.312 0.316 0.32 5 20 EnergyCapacity 1 utility pv n/a utility pv 2022 2041 100% 100% 0.288 0.306602 0.325204 0.305041 0.284878 0.232439 0.18 0.1824 0.1848 0.1872 0.1896 0.192 EnergyCapacity 1 in state w n/a in state w 2023 2042 100% 100% 11 30 EnergyCapacity 1 utility pv n/a utility pv 2022 2041 100% 100% 0.09504 0.101179 0.107317 0.100664 0.09401 0.076705 0.0594 0.060192 0.060984 0.061776 0.062568 0.06336 9 30 EnergyCapacity 1 utility pv n/a utility pv 2022 2040 100% 100% 0.09 0.095813 0.101626 0.095325 0.089024 0.072637 0.05625 0.057 0.05775 0.0585 0.05925 0.06 11 30 EnergyCapacity 1 utility pv n/a utility pv 2022 2041 100% 100% 0.09216 0.098113 0.104065 0.097613 0.091161 0.07438 0.0576 0.058368 0.059136 0.059904 0.060672 0.06144 11 29 EnergyCapacity 1 utility pv n/a utility pv 2023 2042 100% 100% 0.48 0.511003 0.542006 0.508402 0.474797 0.387398 0.3 0.304 0.308 0.312 0.316 0.32 10 31 EnergyCapacity 1 utility pv n/a utility pv 2022 2041 100% 100% 0.09504 0.101179 0.107317 0.100664 0.09401 0.076705 0.0594 0.060192 0.060984 0.061776 0.062568 0.06336 7 15 EnergyCapacity 1 biomass w n/a biomass w 2023 2031 100% 100% 0.783834 0.804692 0.825549 0.826133 0.826717 0.819329 0.81194 0.827342 0 0 0 0 12 31 EnergyOnly 0 utility pv n/a utility pv 2022 2024 100% 100% 0 0 0 0 0 0 0 0 0 0 0 0 12 31 EnergyOnly 0 utility pv n/a utility pv 2022 2024 100% 100% 0 0 0 0 0 0 0 0 0 0 0 0 12 31 EnergyOnly 0 utility_pv n/a utility_pv 2022 2024 100% 100% 0 0 0 0 0 0 0 0 0 0 0 0 2 29 EnergyCapacity 1 utility_pv 4hr_batteri hybrid 2025 2039 100% 100% 0 93.15806 95.29613 87.95403 80.61194 77.57597 74.54 68.2904 62.0408 55.7912 49.5416 43.292 2 21 EnergyCapacity 1 utility_pv 4hr_batteri hybrid 2024 2043 100% 100% 0.9 0.925601 0.951203 0.879761 0.808319 0.762159 0.716 0.66256 0.60912 0.55568 0.50224 0.4488 12 30 EnergyCapacity 1 utility_pv n/a utility_pv 2024 2043 100% 100% 0.02304 0.024528 0.026016 0.024403 0.02279 0.018595 0.0144 0.014592 0.014784 0.014976 0.015168 0.01536 12 30 EnergyCapacity 1 utility_pv n/a utility_pv 2024 2043 100% 100% 0.4224 0.449683 0.476966 0.447393 0.417821 0.340911 0.264 0.26752 0.27104 0.27456 0.27808 0.2816 8 27 EnergyCapacity 1 utility_pv 4hr_batteri hybrid 2024 2037 100% 100% 63.66 65.33207 67.00414 61.91484 56.82553 54.06276 51.3 47.26 43.22 39.18 35.14 31.1 9 30 CapacityOnly 1 gas_ct n/a gas_ct 2023 2025 100% 100% 64.67364 65.82678 0 0 0 0 0 0 0 0 0 0 12 31 CapacityOnly 1 gas_cc n/a gas_cc 2020 2030 100% 100% 42.32256 43.04568 43.7688 43.62155 43.47431 42.9585 42.44269 0 0 0 0 0 12 31 CapacityOnly 1 gas_ct n/a gas_ct 2023 2024 100% 100% 25.4668 0 0 0 0 0 0 0 0 0 0 0 12 31 CapacityOnly 1 gas_cc n/a gas_cc 2021 2023 100% 100% 0 0 0 0 0 0 0 0 0 0 0 0 12 31 CapacityOnly 1 gas_cc n/a gas_cc 2022 2028 100% 100% 21.20369 21.56597 21.92825 21.85448 21.78071 0 0 0 0 0 0 0 12 31 CapacityOnly 1 gas_cc n/a gas_cc 2023 2030 100% 100% 12.72221 12.93958 13.15695 13.11269 13.06843 12.91338 12.75832 0 0 0 0 0 12 31 CapacityOnly 1 gas_cc n/a gas_cc 2023 2030 100% 100% 12.72221 12.93958 13.15695 13.11269 13.06843 12.91338 12.75832 0 0 0 0 0 12 31 CapacityOnly 1 demand_re n/a demand_re 2023 2025 100% 100% 17.86 18.16703 0 0 0 0 0 0 0 0 0 0 3 31 CapacityOnly 1 4hr_batter n/a 4hr_batter 2024 2033 100% 100% 163.725 166.7775 169.83 156.4175 143.005 140.415 137.825 125.097 112.369 99.641 0 0 6 30 EnergyOnly 0 hydro n/a hydro 2016 2024 100% 100% 0 0 0 0 0 0 0 0 0 0 0 0 12 31 EnergyOnly 0 hydro n/a hydro 2023 2024 100% 100% 0 0 0 0 0 0 0 0 0 0 0 0 12 31 EnergyOnly 0 hydro n/a hydro 2024 2024 100% 100% 0 0 0 0 0 0 0 0 0 0 0 0 12 31 EnergyOnly 0 hydro n/a hydro 2021 2024 100% 100% 0 0 0 0 0 0 0 0 0 0 0 0 12 31 EnergyOnly 0 hydro n/a hydro 2021 2024 100% 100% 0 0 0 0 0 0 0 0 0 0 0 0 12 31 EnergyOnly 0 hydro n/a hydro 2022 2024 100% 100% 0 0 0 0 0 0 0 0 0 0 0 0 12 31 EnergyOnly 0 hydro n/a hydro 2023 2025 100% 100% 0 0 0 0 0 0 0 0 0 0 0 0 12 31 EnergyOnly 0 hydro n/a hydro 2022 2025 100% 100% 0 0 0 0 0 0 0 0 0 0 0 0 12 31 EnergyOnly 0 hydro n/a hydro 2023 2025 100% 100% 0 0 0 0 0 0 0 0 0 0 0 0 12 31 EnergyOnly 0 hydro n/a hydro 2015 2024 100% 100% 0 0 0 0 0 0 0 0 0 0 0 0 12 31 EnergyOnly 0 hydro n/a hydro 2025 2054 100% 100% 0 0 0 0 0 0 0 0 0 0 0 0 12 31 EnergyOnly 0 hydro n/a hydro 2024 2043 100% 100% 0 0 0 0 0 0 0 0 0 0 0 0 12 31 CapacityOnly 1 demand re n/a demand re 2023 2042 100% 100% 0 0 0 0 0 0 0 0 0 0 0 0 12 31 EnergyCapacity 1 in_state_w n/a in_state_w 2026 2045 100% 100% 0 0 15.25475 11.84833 8.4419 8.341688 8.241477 7.482969 6.724462 5.965954 5.207446 4.448939 12 31 EnergyCapacity 1 out_of_stat n/a out_of_sta 2030 2049 100% 100% 0 0 0 0 0 0 14.88271 15.70658 16.53044 17.35431 18.17817 19.00203 12 31 EnergyCapacity 1 offshore_w n/a offshore_w 2033 2052 100% 100% 0 0 0 0 0 0 0 0 0 34.428 32.414 30.4 12 31 EnergyCapacity 1 geotherma n/a geotherma 2030 2049 100% 100% 0 0 0 0 0 0 68.85716 69.40385 69.95055 70.49724 71.04393 71.59062 12 31 EnergyCapacity 1 8hr_batter n/a 8hr_batter 2026 2045 100% 100% 0 0 37.2 35.96 34.72 34.3 33.88 32.672 31.464 30.256 29.048 27.84 12 31 EnergyOnly 0 biomass_w n/a biomass_w 2023 2024 100% 100% 0 0 0 0 0 0 0 0 0 0 0 0 12 31 EnergyOnly 0 utility_pv n/a utility_pv 2023 2024 100% 100% 0 0 0 0 0 0 0 0 0 0 0 0 12 31 EnergyOnly 0 in state w n/a in state w 2023 2024 100% 100% 0 0 0 0 0 0 0 0 0 0 0 0 12 31 EnergyOnly 0 hydro n/a hydro 2023 2024 100% 100% 0 0 0 0 0 0 0 0 0 0 0 0 12 31 EnergyOnly 0 geotherma n/a geotherma 2023 2024 100% 100% 0 0 0 0 0 0 0 0 0 0 0 0 12 31 EnergyOnly 0 biomass w n/a biomass w 2023 2042 100% 100% 0 0 0 0 0 0 0 0 0 0 0 0 12 31 EnergyOnly 0 utility pv n/a utility pv 2023 2042 100% 100% 0 0 0 0 0 0 0 0 0 0 0 0 12 31 EnergyOnly 0 in state w n/a in state w 2023 2042 100% 100% 0 0 0 0 0 0 0 0 0 0 0 0 12 31 EnergyOnly 0 hydro n/a hydro 2023 2042 100% 100% 0 0 0 0 0 0 0 0 0 0 0 0 12 31 EnergyOnly 0 geotherma n/a geotherma 2023 2042 100% 100% 0 0 0 0 0 0 0 0 0 0 0 0 12 31 EnergyOnly 0 hydro n/a hydro 2023 2042 100% 100% 0 0 0 0 0 0 0 0 0 0 0 0 12 31 EnergyCapacity 1 8hr batter n/a 8hr batter 2030 2049 100% 100% 0 0 0 0 0 0 42.35 40.84 39.33 37.82 36.31 34.8 30 MMT RSP Page 8 AI#08_Att.: MCE 2022 CPUC Compliance Integrated Resource Plan Calcs
_NEW_GENERIC_BATTERY_STORAGE
_NEW_GENERIC_BATTERY_STORAGE
_EXISTING_GENERIC_COMBINED_CYCLE
_EXISTING_GENERIC_COMBINED_CYCLE
_EXISTING_GENERIC_COMBINED_CYCLE
_EXISTING_GENERIC_COMBINED_CYCLE
_EXISTING_GENERIC_COMBINED_CYCLE
_EXISTING_GENERIC_COMBINED_CYCLE
_EXISTING_GENERIC_COMBINED_CYCLE
_EXISTING_GENERIC_COMBINED_CYCLE
_EXISTING_GENERIC_COMBINED_CYCLE
_EXISTING_GENERIC_COMBINED_CYCLE
_EXISTING_GENERIC_COMBINED_CYCLE
_EXISTING_GENERIC_COMBINED_CYCLE
EXISTING GENERIC COMBINED CYCLE
NEW GENERIC DR
EXISTING GENERIC COMBINED CYCLE
EXISTING GENERIC COMBINED CYCLE
EXISTING GENERIC COMBINED CYCLE
EXISTING GENERIC COGEN
EXISTING GENERIC COGEN
EXISTING GENERIC COGEN
EXISTING GENERIC BATTERY STORAGE
NEW GENERIC BATTERY STORAGE
_NEW_GENERIC_BATTERY_STORAGE
12 31 EnergyCapacity 1 4hr_batter n/a 4hr_batter 2028 2047 100% 100% 0 0 0 0 154.6 151.8 149 135.24 121.48 107.72 93.96 80.2 12 31 EnergyCapacity 1 4hr_batter n/a 4hr_batter 2034 2053 100% 100% 0 0 0 0 0 0 0 0 0 0 93.96 80.2 12 31 CapacityOnly 1 gas_cc n/a gas_cc 2023 2023 100% 100% 0 0 0 0 0 0 0 0 0 0 0 0 12 31 CapacityOnly 1 gas_cc n/a gas_cc 2024 2024 100% 100% 581.8292 0 0 0 0 0 0 0 0 0 0 0 12 31 CapacityOnly 1 gas_cc n/a gas_cc 2025 2025 100% 100% 0 551.2262 0 0 0 0 0 0 0 0 0 0 12 31 CapacityOnly 1 gas_cc n/a gas_cc 2026 2026 100% 100% 0 0 640.9263 0 0 0 0 0 0 0 0 0 12 31 CapacityOnly 1 gas_cc n/a gas_cc 2027 2027 100% 100% 0 0 0 587.4485 0 0 0 0 0 0 0 0 12 31 CapacityOnly 1 gas_cc n/a gas_cc 2028 2028 100% 100% 0 0 0 0 433.8718 0 0 0 0 0 0 0 12 31 CapacityOnly 1 gas_cc n/a gas_cc 2029 2029 100% 100% 0 0 0 0 0 460.5771 0 0 0 0 0 0 12 31 CapacityOnly 1 gas_cc n/a gas_cc 2030 2030 100% 100% 0 0 0 0 0 0 361.4858 0 0 0 0 0 12 31 CapacityOnly 1 gas_cc n/a gas_cc 2031 2031 100% 100% 0 0 0 0 0 0 0 447.0256 0 0 0 0 12 31 CapacityOnly 1 gas_cc n/a gas_cc 2032 2032 100% 100% 0 0 0 0 0 0 0 0 474.4736 0 0 0 12 31 CapacityOnly 1 gas_cc n/a gas_cc 2033 2033 100% 100% 0 0 0 0 0 0 0 0 0 470.556 0 0 12 31 CapacityOnly 1 gas_cc n/a gas_cc 2034 2034 100% 100% 0 0 0 0 0 0 0 0 0 0 487.0462 0 12 31 CapacityOnly 1 gas cc n/a gas cc 2035 2035 100% 100% 0 0 0 0 0 0 0 0 0 0 0 501.0718 12 31 CapacityOnly 1 demand re n/a demand re 2023 2032 100% 100% 13.395 13.62527 13.85554 11.58527 9.315 9.09 8.865 7.524 6.183 0 0 0 12 31 EnergyCapacity 1 gas cc n/a gas cc 2024 2026 100% 100% 37.56135 38.20312 38.84488 0 0 0 0 0 0 0 0 0 12 31 EnergyCapacity 1 gas cc n/a gas cc 2024 2025 100% 100% 33.27804 33.84662 0 0 0 0 0 0 0 0 0 0 12 31 EnergyCapacity 1 gas cc n/a gas cc 2024 2024 100% 100% 51.92692 0 0 0 0 0 0 0 0 0 0 0 12 31 EnergyCapacity 1 cogen n/a cogen 2024 2024 100% 100% 3.268641 0 0 0 0 0 0 0 0 0 0 0 12 31 EnergyCapacity 1 cogen n/a cogen 2024 2025 100% 100% 2.781822 2.861703 0 0 0 0 0 0 0 0 0 0 12 31 EnergyCapacity 1 cogen n/a cogen 2024 2026 100% 100% 1.217047 1.251995 1.286943 0 0 0 0 0 0 0 0 0 12 31 CapacityOnly 1 4hr batter n/a 4hr batter 2024 2035 100% 100% 20.62811 21.0127 21.39729 19.70742 18.01755 17.69123 17.36491 15.76127 14.15764 12.55401 10.95038 9.346748 12 31 CapacityOnly 1 4hr batter n/a 4hr batter 2025 2035 100% 100% 0 5.253175 5.349323 4.926855 4.504387 4.422807 4.341227 3.940319 3.539411 3.138503 2.737595 2.336687 12 31 EnergyCapacity 1 4hr_batter n/a 4hr_batter 2024 2035 100% 100% 0.06876 0.070042 0.071324 0.065691 0.060058 0.058971 0.057883 0.052538 0.047192 0.041847 0.036501 0.031156 30 MMT RSP Page 9 AI#08_Att.: MCE 2022 CPUC Compliance Integrated Resource Plan 30 MMT RSP Page 10 AI#08_Att.: MCE 2022 CPUC Compliance Integrated Resource Plan 30 MMT RSP Page 11 AI#08_Att.: MCE 2022 CPUC Compliance Integrated Resource Plan 30 MMT RSP Page 12 AI#08_Att.: MCE 2022 CPUC Compliance Integrated Resource Plan 30 MMT RSP Page 13 AI#08_Att.: MCE 2022 CPUC Compliance Integrated Resource Plan CSPReportSheet
Resource 2024 2026 2030 2035 Units Type
Large Hydro 845 525 525 525 GWh GHG-Free
Imported Hydro 1,150 766 69 120 GWh GHG-Free
Asset Controlling Supplier - - - - GWh GHG-Free (Partial) Nuclear - - - - GWh GHG-Free
Biogas 80 80 80 30 GWh RPS Eligible
Biomass 65 38 4 16 GWh RPS Eligible
Geothermal 332 454 1,753 1,785 GWh RPS Eligible
Small Hydro 291 106 37 69 GWh RPS Eligible
Wind Resources
Wind Existing California 606 783 438 461 GWh RPS Eligible Wind New PG&E 291 290 290 290 GWh RPS Eligible
Wind New SCE SDG&E - 263 263 263 GWh RPS Eligible
Wind Pacific Northwest - - - - GWh RPS Eligible
Wind Wyoming - - - - GWh RPS Eligible
Wind New Mexico - - 250 250 GWh RPS Eligible
Wind Offshore Morro Bay - - - 400 GWh RPS Eligible
Wind Offshore Humboldt - - - - GWh RPS Eligible
Solar Resources
Solar Existing California 1,815 1,649 1,451 1,137 GWh RPS Eligible Solar New PG&E - - - - GWh RPS Eligible
Solar New SCE SDG&E - - - - GWh RPS Eligible
Solar Distributed 32 32 32 31 GWh RPS Eligible
Hybrid
Hybrid or Paired Solar and Battery 328 626 614 596 GWh RPS Eligible Storage & DR
Shed DR 15 15 15 - MW GHG-Free
Pumped Storage - - - - MW n/a
Battery Storage 649 857 2,057 2,117 MWh Energy Capacity n/a User-Specified Profies
Storage Resource Custom Profile - - - - MW n/a
RPS Resource Custom Profile - - - - GWh RPS Eligible
GHG-free non-RPS Resource - - - - GWh GHG-Free
Coal
Coal - - - - GWh n/a
30 MMT RSP Page 14 AI#08_Att.: MCE 2022 CPUC Compliance Integrated Resource Plan un que_cont acts
lse_unique_contract_id resource alternative_resource_name contract_status project_interconnection_position interconnection_substat on marginal_addition marginal_add tion_to total_nameplate_capacity contracted_nameplate_capacity sep_contracted_mw_nqc contract_gwh_annual s_hybrid_paired can_charge_from_grid Ost om_MCE WHEATL_6_LNDFIL Onl ne NA NA NA 2 2 12 NotHyb d Hay MCE PEABDY 2 LNDF L Onl ne NA NA NA 2 2 11 NotHyb d Geyse s MCE GEYS13 7 UNIT13 Onl ne NA NA NA 10 10 88 NotHyb d L ncoln MCE PLSNTG 7 LNCLND Onl ne NA NA NA 5 4 27 NotHyb d Voyage II MCE VOYAGR 2 VOYWD3 Onl ne NA NA NA 5 138 NotHyb d WM_MCE NOVATO_6_LNDFL Onl ne NA NA NA 4 3 30 NotHyb d
Antelope 2 MCE BGSKYN 2 AS2SR1 Onl ne NA NA NA 105 12 289 NotHyb d Cooley I MCE EXISTING GENER C SOLAR FIXED Onl ne NA NA NA 1 1 0 2 NotHyb d Cost Plus_MCE _EXISTING_GENER C_SOLAR_FIXED Onl ne NA NA NA 1 1 0 1 NotHyb d Dese t Ha vest MCE DSRTHV 2 DH1SR1 Onl ne NA NA NA 80 9 252 NotHyb d F eethy 1 MCE EXISTING GENER C SOLAR FIXED Onl ne NA NA NA 1 1 0 2 NotHyb d F eethy 2_MCE _EXISTING_GENER C_SOLAR_FIXED Onl ne NA NA NA 1 1 0 2 NotHyb d G eat Valley MCE TRNQL8 2 ROJSR1 Onl ne NA NA NA 100 11 285 NotHyb d L ttle Bea 1 MCE LTBERA 1 LB1SR1 Onl ne NA NA NA 40 4 105 NotHyb d L ttle Bea 3 MCE LTBEAR 1 LB3SR3 Onl ne NA NA NA 20 2 52 NotHyb d L ttle Bea 4 MCE LTBEAR 1 LB4SR4 Onl ne NA NA NA 50 6 132 NotHyb d L ttle Bea 5_MCE LTBEAR_1_LB4SR5 Onl ne NA NA NA 50 6 132 NotHyb d SR A po t MCE EXISTING GENER C SOLAR FIXED Onl ne NA NA NA 1 1 0 2 NotHyb d Mustang MCE MSTANG 2 SOLAR4 Onl ne NA NA NA 30 3 82 NotHyb d Soscal Fe y Sola C_MCE _EXISTING_GENER C_SOLAR_FIXED Onl ne NA NA NA 1 1 0 3 NotHyb d Soscal Fe y Sola D MCE EXISTING GENER C SOLAR FIXED Onl ne NA NA NA 1 1 0 3 NotHyb d Ame can Canyon Sola A MCE EXISTING GENER C SOLAR FIXED Onl ne NA NA NA 1 1 0 3 NotHyb d Ame can Canyon Sola B_MCE _EXISTING_GENER C_SOLAR_FIXED Onl ne NA NA NA 1 1 0 3 NotHyb d Ame can Canyon Sola C MCE EXISTING GENER C SOLAR FIXED Onl ne NA NA NA 1 1 0 3 NotHyb d S lve a Ranch A MCE EXISTING GENER C SOLAR FIXED Onl ne NA NA NA 1 1 0 3 NotHyb d S lve a Ranch B_MCE _EXISTING_GENER C_SOLAR_FIXED Onl ne NA NA NA 1 1 0 3 NotHyb d SR A po t 2 MCE EXISTING GENER C SOLAR FIXED Onl ne NA NA NA 1 1 0 2 NotHyb d EO P oducts MCE EXISTING GENER C SOLAR FIXED Onl ne NA NA NA 1 1 0 1 NotHyb d Oakley RV & Boat Sto age MCE EXISTING GENER C SOLAR FIXED Onl ne NA NA NA 1 1 0 2 NotHyb d DRES Qua y 2.4 MCE EXISTING GENER C SOLAR FIXED Onl ne NA NA NA 0 0 0 1 NotHyb d Co co an_MCE CORCAN_1_SOLAR2 Onl ne NA NA NA 11 1 27 NotHyb d Goose Lake MCE GOOSLK 1 SOLAR1 Onl ne NA NA NA 12 1 30 NotHyb d Buck MCE EXISTING GENER C SOLAR FIXED Onl ne NA NA NA 1 1 0 2 NotHyb d MCE Sola 1_8.5_MCE R CHMN_1_CHVSR2 Onl ne NA NA NA 9 1 17 NotHyb d MCE Sola 1 2.0 MCE R CHMN 1 SOLAR Onl ne NA NA NA 2 0 4 NotHyb d Ke n Tule PCC1 1 LT MCE KRNCNY 6 UNIT Onl ne NA NA NA 11 5 37 NotHyb d S lve a Ranch C_MCE _EXISTING_GENER C_SOLAR_FIXED Onl ne NA NA NA 1 1 0 3 NotHyb d Lake He man PCC1 1 LT MCE EXISTING GENER C SOLAR FIXED Onl ne NA NA NA 5 5 0 13 NotHyb d By on Sola PCC1 1 LT MCE EXISTING GENER C SOLAR FIXED Onl ne NA NA NA 3 3 0 8 NotHyb d St auss PCC1 1 LT MCE STRAUSSWIND Development WDT-1320 NA NA NA NotHyb d By on Sola PCC1 2 LT MCE EXISTING GENER C SOLAR FIXED Onl ne NA NA NA 1 1 0 3 NotHyb d Haywo th_PCC1_1_LT_MCE _EXISTING_GENER C_SOLAR_FIXED Onl ne NA NA NA 1 1 0 2 NotHyb d Fallon PCC1 1 LT MCE EXISTING GENER C SOLAR FIXED Onl ne NA NA NA 1 1 0 2 NotHyb d RPCA PCC1 1 LT MCE NEW GENERIC SOLAR FIXED Development B entwood 2105 NA NA 5 5 0 13 NotHyb d Napa_PCC1_1_LT_MCE _EXISTING_GENER C_SOLAR_FIXED Onl ne NA NA NA 1 1 0 1 NotHyb d CMSA PCC1 2 LT MCE EX STING GENER C BIOMASS/WOOD Onl ne NA NA NA 1 1 0 3 NotHyb d EBCE PCC1 Sale 1 MCE GOOSLK 1 SOLAR1 Onl ne NA NA NA 0 8 NotHyb d SJCE_PCC1_Sale_1_MCE CORCAN_1_SOLAR2 Onl ne NA NA NA 0 4 NotHyb d PCEA PCC1 Sale 1 MCE GOOSLK 1 SOLAR1 Onl ne NA NA NA 0 10 NotHyb d Golden F elds PCC1 LT MCE NEW GENERIC SOLAR 1AXIS Development Q-1212 NA NA NA 100 100 103 272 NewSola NewSto age NO Ranch Se eno_PCC1_LT_MCE _NEW_GENERIC_SOLAR_1AXIS Development WDT-2597 NA NA NA 2 2 1 5 NewSola NewSto age NO CES Elect on Fa m PCC1 DAC 1 LT MCE NEW GENERIC SOLAR 1AXIS Development NA NA 0 0 0 1 NotHyb d CES Elect on Fa m PCC1 DAC 2 LT MCE NEW GENERIC SOLAR 1AXIS Development NA NA 4 4 0 12 NotHyb d Daggett PCC1 1 LT MCE NEW GENERIC SOLAR 1AXIS Development Q-1314 NA NA NA 110 110 66 317 NewSola NewSto age NO Ma sh Land ng LLC RA 1 BAF MCE COCOPP 2 CTG4 Onl ne NA NA NA 81 77 0 NotHyb d WELLHEAD_RA_3_POF_MCE AGRICO_7_UNIT Onl ne NA NA NA 50 48 0 NotHyb d CALPINE RA 35 S F MCE BOGUE 1 UNITA1 Onl ne NA NA NA 32 32 0 NotHyb d CALPINE RA 34 NS MCE SUTTER 2 CISO Onl ne NA NA NA 70 70 0 NotHyb d CALPINE_RA_44_NS_MCE _EXISTING_GENERIC_COMBINED_CYCLE Onl ne NA NA NA 25 25 0 NotHyb d CALPINE RA 67 NS MCE EXISTING GENERIC COMBINED CYCLE Onl ne NA NA NA 15 15 0 NotHyb d CALPINE RA 68 NSF MCE EXISTING GENERIC COMBINED CYCLE Onl ne NA NA NA 15 15 0 NotHyb d ENERSPONSE_RA_2_SS_MCE _EXISTING_GENER C_DR Onl ne NA NA NA 20 20 20 0 NotHyb d Hecate Sto age RA 2024 NEW GENERIC BATTERY STORAGE Development 185 185 185 0 NotHyb d EBMUD B1 MCE CAMCHE 1 PL1X3 Onl ne NA NA NA 10 0 46 NotHyb d EBMUD B1 MCE PARDEB 6 UNITS Onl ne NA NA NA 30 0 140 NotHyb d SENA CF 13 MCE EX STING GENERIC INSTATE LARGE HYDRO Onl ne NA NA NA 0 200 NotHyb d MSCG_CF_5_MCE _EX STING_GENERIC_NW_HYDRO Onl ne NA NA NA 0 400 NotHyb d B ookf eld CF 4 MCE EX STING GENERIC NW HYDRO Onl ne NA NA NA 0 200 NotHyb d TENASKA CF 2 MCE EXCHEC 7 UNIT 1 Onl ne NA NA NA 95 0 120 NotHyb d POWEREX_CF_3_MCE _EX STING_GENERIC_NW_HYDRO Onl ne NA NA NA 0 250 NotHyb d Powe ex CF 4 MCE EX STING GENERIC NW HYDRO Onl ne NA NA NA 0 206 NotHyb d Powe ex CF 5 MCE EX STING GENERIC NW HYDRO Onl ne NA NA NA 0 100 NotHyb d WAPA_BR_MCE EX STING_GENERIC_INSTATE_LARGE_HYDRO Onl ne NA NA NA 0 25 NotHyb d WAPA BR 2 MCE EX STING GENERIC INSTATE LARGE HYDRO Onl ne NA NA NA 0 25 NotHyb d GHG F ee A locat on EX STING GENERIC INSTATE LARGE HYDRO PlannedEx st ng 0 500 NotHyb d DR A locat on EXISTING GENER C DR Onl ne 19 0 NotHyb d
OS22 New W nd 2026 NEW GENER C WIND PlannedNew w nd ca so planned 100 100 22 263 NotHyb d Gene c LT W nd NM 2030 CREZ GENER C NEW MEX CO WIND PlannedNew w nd mpo t planned 70 70 20 250 NotHyb d Gene c LT W nd_2033 EZ_GENER C_MORRO_BAY_OFFSHORE_WIND PlannedNew w nd_ca so_planned 95 95 41 400 NotHyb d Gene c LT Geothe mal 2030 NEW GENERIC GEOTHERMAL PlannedNew geothe mal mpo t planned 75 75 70 580 NotHyb d MTR LDS 2026 NEW GENERIC BATTERY STORAGE PlannedNew batte y ca so planned 40 40 40 0 NotHyb d VAMO_ST_B omass _EX STING_GENER C_BIOMASS/WOOD Onl ne 0 33 NotHyb d VAMO ST Sola PV EXISTING GENER C SOLAR FIXED Onl ne 0 206 NotHyb d VAMO ST W nd EXISTING GENERIC WIND Onl ne 0 165 NotHyb d VAMO ST Small Hyd o EX STING GENERIC INSTATE SMALL HYDRO Onl ne 0 14 NotHyb d VAMO ST Geothe mal EX STING GENERIC GEOTHERMAL Onl ne 0 70 NotHyb d Gene c ST B omass _EX STING_GENER C_BIOMASS/WOOD PlannedEx st ng 0 20 NotHyb d Gene c ST Sola EXISTING GENER C SOLAR FIXED PlannedEx st ng 0 99 NotHyb d Gene c ST W nd EXISTING GENERIC WIND PlannedEx st ng 0 378 NotHyb d Gene c ST Small Hyd o EX STING_GENERIC_INSTATE_SMALL_HYDRO PlannedEx st ng 0 40 NotHyb d Gene c ST Geothe mal EX STING GENERIC GEOTHERMAL PlannedEx st ng 0 125 NotHyb d Gene c ST La ge Hyd o/ACS EX STING GENERIC NW HYDRO PlannedEx st ng 0 144 NotHyb d Gene c LDS_2030 _NEW_GENERIC_BATTERY_STORAGE PlannedNew batte y_ca so_planned 50 50 50 0 NotHyb d Gene c 4 Hou Sto age 2028 NEW GENERIC BATTERY STORAGE PlannedNew batte y ca so planned 200 200 200 0 NotHyb d Gene c 4 Hou Sto age 2034 NEW GENERIC BATTERY STORAGE PlannedNew batte y ca so planned 200 200 200 0 NotHyb d Gene c CCGT RA_2023 _EXISTING_GENERIC_COMBINED_CYCLE PlannedEx st ng 750 750 750 0 NotHyb d Gene c CCGT RA 2024 EXISTING GENERIC COMBINED CYCLE PlannedEx st ng 686 686 686 0 NotHyb d Gene c CCGT RA 2025 EXISTING GENERIC COMBINED CYCLE PlannedEx st ng 639 639 639 0 NotHyb d Gene c CCGT RA 2026 EXISTING GENERIC COMBINED CYCLE PlannedEx st ng 731 731 731 0 NotHyb d Gene c CCGT RA 2027 EXISTING GENERIC COMBINED CYCLE PlannedEx st ng 672 672 672 0 NotHyb d Gene c CCGT RA_2028 _EXISTING_GENERIC_COMBINED_CYCLE PlannedEx st ng 498 498 498 0 NotHyb d Gene c CCGT RA 2029 EXISTING GENERIC COMBINED CYCLE PlannedEx st ng 535 535 535 0 NotHyb d Gene c CCGT RA 2030 EXISTING GENERIC COMBINED CYCLE PlannedEx st ng 425 425 425 0 NotHyb d Gene c CCGT RA_2031 _EXISTING_GENERIC_COMBINED_CYCLE PlannedEx st ng 518 518 518 0 NotHyb d Gene c CCGT RA 2032 EXISTING GENERIC COMBINED CYCLE PlannedEx st ng 542 542 542 0 NotHyb d Gene c CCGT RA 2033 EXISTING GENERIC COMBINED CYCLE PlannedEx st ng 530 530 530 0 NotHyb d Gene c CCGT RA_2034 _EXISTING_GENERIC_COMBINED_CYCLE PlannedEx st ng 541 541 541 0 NotHyb d Gene c CCGT RA 2035 EXISTING GENERIC COMBINED CYCLE PlannedEx st ng 549 549 549 0 NotHyb d RESI RA 2 NS MCE NEW GENERIC DR Rev ew d ca so planned 15 15 15 0 NotHyb d PGE Onl ne ccgt 1 EXISTING GENERIC COMBINED CYCLE Onl ne 44 44 0 NotHyb d PGE Onl ne ccgt 2 EXISTING GENERIC COMBINED CYCLE Onl ne 39 39 0 NotHyb d PGE_Onl ne_ccgt_3 _EXISTING_GENERIC_COMBINED_CYCLE Onl ne 61 61 0 NotHyb d PGE Onl ne chp EXISTING GENERIC COGEN Onl ne 4 4 0 NotHyb d PGE Onl ne chp 1 EXISTING GENERIC COGEN Onl ne 3 0 5 NotHyb d PGE_Onl ne_chp_2 _EXISTING_GENERIC_COGEN Onl ne 1 1 7 NotHyb d PGE Onl ne batte y EX STING GENER C BATTERY STORAGE Onl ne 23 23 0 NotHyb d PGE Development batte y 1 NEW GENERIC BATTERY STORAGE Development 6 5 0 NotHyb d PGE_Development_batte y_2 _NEW_GENERIC_BATTERY_STORAGE Development 0 0 0 NotHyb d 25 MMT RSP Page 1 AI#08_Att.: MCE 2022 CPUC Compliance Integrated Resource Plan un que_cont acts
lse_unique_contract_id
Ost om_MCE
Hay MCE
Geyse s MCE
L ncoln MCE
Voyage II MCE
WM_MCE
Antelope 2 MCE
Cooley I MCE
Cost Plus_MCE
Dese t Ha vest MCE
F eethy 1 MCE
F eethy 2_MCE
G eat Valley MCE
L ttle Bea 1 MCE
L ttle Bea 3 MCE
L ttle Bea 4 MCE
L ttle Bea 5_MCE
SR A po t MCE
Mustang MCE
Soscal Fe y Sola C_MCE
Soscal Fe y Sola D MCE
Ame can Canyon Sola A MCE
Ame can Canyon Sola B_MCE
Ame can Canyon Sola C MCE
S lve a Ranch A MCE
S lve a Ranch B_MCE
SR A po t 2 MCE
EO P oducts MCE
Oakley RV & Boat Sto age MCE
DRES Qua y 2.4 MCE
Co co an_MCE
Goose Lake MCE
Buck MCE
MCE Sola 1_8.5_MCE
MCE Sola 1 2.0 MCE
Ke n Tule PCC1 1 LT MCE
S lve a Ranch C_MCE
Lake He man PCC1 1 LT MCE
By on Sola PCC1 1 LT MCE
St auss PCC1 1 LT MCE
By on Sola PCC1 2 LT MCE
Haywo th_PCC1_1_LT_MCE
Fallon PCC1 1 LT MCE
RPCA PCC1 1 LT MCE
Napa_PCC1_1_LT_MCE
CMSA PCC1 2 LT MCE
EBCE PCC1 Sale 1 MCE
SJCE_PCC1_Sale_1_MCE
PCEA PCC1 Sale 1 MCE
Golden F elds PCC1 LT MCE
Ranch Se eno_PCC1_LT_MCE
CES Elect on Fa m PCC1 DAC 1 LT MCE
CES Elect on Fa m PCC1 DAC 2 LT MCE
Daggett PCC1 1 LT MCE
Ma sh Land ng LLC RA 1 BAF MCE
WELLHEAD_RA_3_POF_MCE
CALPINE RA 35 S F MCE
CALPINE RA 34 NS MCE
CALPINE_RA_44_NS_MCE
CALPINE RA 67 NS MCE
CALPINE RA 68 NSF MCE
ENERSPONSE_RA_2_SS_MCE
Hecate Sto age RA 2024
EBMUD B1 MCE
EBMUD B1 MCE
SENA CF 13 MCE
MSCG_CF_5_MCE
B ookf eld CF 4 MCE
TENASKA CF 2 MCE
POWEREX_CF_3_MCE
Powe ex CF 4 MCE
Powe ex CF 5 MCE
WAPA_BR_MCE
WAPA BR 2 MCE
GHG F ee A locat on
DR A locat on
Gene c LT W nd NM 2030
Gene c LT W nd_2033
Gene c LT Geothe mal 2030
MTR LDS 2026
VAMO_ST_B omass
VAMO ST Sola PV
VAMO ST W nd
VAMO ST Small Hyd o
VAMO ST Geothe mal
Gene c ST B omass
Gene c ST Sola
Gene c ST W nd
Gene c ST Small Hyd o
Gene c ST Geothe mal
Gene c ST La ge Hyd o/ACS
Gene c LDS_2030
Gene c 4 Hou Sto age 2028
Gene c 4 Hou Sto age 2034
Gene c CCGT RA_2023
Gene c CCGT RA 2024
Gene c CCGT RA 2025
Gene c CCGT RA 2026
Gene c CCGT RA 2027
Gene c CCGT RA_2028
Gene c CCGT RA 2029
Gene c CCGT RA 2030
Gene c CCGT RA_2031
Gene c CCGT RA 2032
Gene c CCGT RA 2033
Gene c CCGT RA_2034
Gene c CCGT RA 2035
RESI RA 2 NS MCE
PGE Onl ne ccgt 1
PGE Onl ne ccgt 2
PGE_Onl ne_ccgt_3
PGE Onl ne chp
PGE Onl ne chp 1
PGE_Onl ne_chp_2
PGE Onl ne batte y
PGE Development batte y 1
PGE_Development_batte y_2
total_generator_mw contracted_generator_mw total_storage_mw contracted_storage_mw solar_technology_sub_type storage_technology_sub_type total_storage_depth_mwh contracted_storage_depth_mwh viability_cod_reasonableness viabil ty_technical_feasibility viability_f nancing_sitecontrol resource_mix d1911016_vamo_ghgfree buy_sell_own 1Ax s
F xed
F xed
1Ax s
F xed
F xed
1Ax s
1Ax s
1Ax s
1Ax s
1Ax s
F xed
1Ax s
F xed
F xed
F xed
F xed
F xed
F xed
F xed
F xed
F xed
F xed
F xed
F xed
F xed
F xed
F xed
F xed
F xed
F xed
F xed
4 3 5
F xed
F xed
F xed
F xed 4 3 4
F xed
F xed Sell
F xed Sell
F xed Sell
100 100 92 92 1Ax s L 368 368 4 3 3
2 2 0 8 0 8 F xed L 3 2 3 2 4 3 3
F xed 4 3 3
F xed 4 3 3
110 110 60 60 1Ax s L 240 240 4 3 5
L 740 740 4 3 5
GHG f ee PCIA Buy
Buy
1 2 1
1 2 1
1 2 1
L 320 320 1 1 1
VAMO Buy
VAMO Buy
VAMO Buy
VAMO Buy
VAMO Buy
L 400 400 1 1 1
L 800 800 1 2 1
L 800 800 1 2 1
4 3 5
CAM
CAM
CAM
CAM
CAM
CAM
L 93 CAM
L 23 CAM
L 0 CAM
25 MMT RSP Page 2 AI#08_Att.: MCE 2022 CPUC Compliance Integrated Resource Plan un que_cont acts
lse_unique_contract_id
Ost om_MCE
Hay MCE
Geyse s MCE
L ncoln MCE
Voyage II MCE
WM_MCE
Antelope 2 MCE
Cooley I MCE
Cost Plus_MCE
Dese t Ha vest MCE
F eethy 1 MCE
F eethy 2_MCE
G eat Valley MCE
L ttle Bea 1 MCE
L ttle Bea 3 MCE
L ttle Bea 4 MCE
L ttle Bea 5_MCE
SR A po t MCE
Mustang MCE
Soscal Fe y Sola C_MCE
Soscal Fe y Sola D MCE
Ame can Canyon Sola A MCE
Ame can Canyon Sola B_MCE
Ame can Canyon Sola C MCE
S lve a Ranch A MCE
S lve a Ranch B_MCE
SR A po t 2 MCE
EO P oducts MCE
Oakley RV & Boat Sto age MCE
DRES Qua y 2.4 MCE
Co co an_MCE
Goose Lake MCE
Buck MCE
MCE Sola 1_8.5_MCE
MCE Sola 1 2.0 MCE
Ke n Tule PCC1 1 LT MCE
S lve a Ranch C_MCE
Lake He man PCC1 1 LT MCE
By on Sola PCC1 1 LT MCE
St auss PCC1 1 LT MCE
By on Sola PCC1 2 LT MCE
Haywo th_PCC1_1_LT_MCE
Fallon PCC1 1 LT MCE
RPCA PCC1 1 LT MCE
Napa_PCC1_1_LT_MCE
CMSA PCC1 2 LT MCE
EBCE PCC1 Sale 1 MCE
SJCE_PCC1_Sale_1_MCE
PCEA PCC1 Sale 1 MCE
Golden F elds PCC1 LT MCE
Ranch Se eno_PCC1_LT_MCE
CES Elect on Fa m PCC1 DAC 1 LT MCE
CES Elect on Fa m PCC1 DAC 2 LT MCE
Daggett PCC1 1 LT MCE
Ma sh Land ng LLC RA 1 BAF MCE
WELLHEAD_RA_3_POF_MCE
CALPINE RA 35 S F MCE
CALPINE RA 34 NS MCE
CALPINE_RA_44_NS_MCE
CALPINE RA 67 NS MCE
CALPINE RA 68 NSF MCE
ENERSPONSE_RA_2_SS_MCE
Hecate Sto age RA 2024
EBMUD B1 MCE
EBMUD B1 MCE
SENA CF 13 MCE
MSCG_CF_5_MCE
B ookf eld CF 4 MCE
TENASKA CF 2 MCE
POWEREX_CF_3_MCE
Powe ex CF 4 MCE
Powe ex CF 5 MCE
WAPA_BR_MCE
WAPA BR 2 MCE
GHG F ee A locat on
DR A locat on
OS22 New W nd 2026
Gene c LT W nd NM 2030
Gene c LT W nd_2033
Gene c LT Geothe mal 2030
MTR LDS 2026
VAMO_ST_B omass
VAMO ST Sola PV
VAMO ST W nd
VAMO ST Small Hyd o
VAMO ST Geothe mal
Gene c ST B omass
Gene c ST Sola
Gene c ST W nd
Gene c ST Small Hyd o
Gene c ST Geothe mal
Gene c ST La ge Hyd o/ACS
Gene c LDS_2030
Gene c 4 Hou Sto age 2028
Gene c 4 Hou Sto age 2034
Gene c CCGT RA_2023
Gene c CCGT RA 2024
Gene c CCGT RA 2025
Gene c CCGT RA 2026
Gene c CCGT RA 2027
Gene c CCGT RA_2028
Gene c CCGT RA 2029
Gene c CCGT RA 2030
Gene c CCGT RA_2031
Gene c CCGT RA 2032
Gene c CCGT RA 2033
Gene c CCGT RA_2034
Gene c CCGT RA 2035
RESI RA 2 NS MCE
PGE Onl ne ccgt 1
PGE Onl ne ccgt 2
PGE_Onl ne_ccgt_3
PGE Onl ne chp
PGE Onl ne chp 1
PGE_Onl ne_chp_2
PGE Onl ne batte y
PGE Development batte y 1
PGE_Development_batte y_2
counterparty generator_supplier developer_name capacity_area capacity_sub_area cpuc_approval_ref county COD_year COD_month COD_day contract_start_date_year contract_start_date_month contract_start_date_day contract_end_date_year contract_end_date_month contract_end_date_day NA S e a YubaCounty 2013 7 1 2013 7 1 2031 6 30
NA PacGE SolanoCounty 2013 7 1 2013 7 1 2033 6 30
NA No thCoastNo thBay SonomaCounty 1980 1 1 2017 1 1 2026 12 31 NA S e a Place County 1985 1 1 2013 2 14 2033 2 13
NA SCE Ke nCounty 2018 12 29 2018 12 29 2030 12 28
NA No thCoastNo thBay No_sub_a ea Ma nCounty 2017 9 14 2017 9 14 2037 9 13 NA B gC eekVentu a LosAngelesCounty 2019 1 1 2019 1 1 2038 12 31 NA G eate Bay Ma nCounty 2017 7 5 2017 3 1 2037 2 28
NA G eate Bay Ma nCounty 2016 9 1 2016 9 1 2036 8 31
NA SCE R ve s deCounty 2020 12 17 2020 12 17 2040 12 16 NA G eate Bay Cont aCostaCount 2016 10 6 2016 10 6 2036 10 5 NA G eate Bay Cont aCostaCount 2016 10 6 2016 10 6 2036 10 5 NA G eate F esno F esnoCounty 2018 4 14 2018 4 14 2033 4 13 NA G eate F esno F esnoCounty 2020 12 10 2020 12 10 2040 12 9 NA G eate F esno F esnoCounty 2020 12 10 2020 12 10 2040 12 9 NA G eate F esno F esnoCounty 2020 12 10 2020 12 10 2040 12 9 NA G eate F esno F esnoCounty 2020 12 10 2020 12 10 2040 12 9 NA G eate Bay Ma nCounty 2012 10 23 2012 10 23 2032 10 22 NA G eate F esno K ngsCounty 2015 6 25 2015 6 25 2032 12 31 NA PacGE NapaCounty 2020 12 11 2020 8 30 2040 8 29
NA PacGE NapaCounty 2020 12 11 2020 8 30 2040 8 29
NA PacGE NapaCounty 2019 9 24 2019 9 1 2039 8 31
NA PacGE NapaCounty 2019 9 24 2019 9 1 2039 8 31
NA PacGE NapaCounty 2019 9 24 2019 9 1 2039 8 31
NA PacGE Ma nCounty 2021 3 30 2021 3 30 2041 3 29
NA PacGE Ma nCounty 2021 3 30 2021 3 30 2041 3 29
NA PacGE Ma nCounty 2020 8 28 2020 9 30 2040 9 29
NA G eate Bay Ma nCounty 2018 12 10 2018 12 10 2038 12 9 NA G eate Bay Cont aCostaCount 2018 7 23 2018 7 31 2038 7 30 NA G eate Bay Ma nCounty 2019 5 24 2019 5 14 2039 5 13
NA G eate F esno K ngsCounty 2015 5 22 2015 5 22 2040 4 30 NA G eate F esno K ngsCounty 2015 5 22 2015 5 22 2040 4 30 NA G eate Bay Ma nCounty 2015 5 22 2015 5 22 2040 4 30
NA G eate Bay No_sub_a ea Cont aCostaCount 2017 12 22 2017 12 22 2037 12 21 NA G eate Bay No sub a ea Cont aCostaCount 2017 12 22 2017 12 22 2037 12 21 NA PacGE Ke nCounty 2021 6 9 2021 7 5 2036 7 4
NA PacGE NapaCounty 2021 3 30 2021 3 30 2041 3 29
NA PacGE SolanoCounty 2021 9 14 2021 9 30 2041 9 29
NA PacGE Cont aCostaCount 2022 5 21 2022 5 21 2042 5 20 BayWa RE PacGE No sub a ea SantaBa ba aCounty 2042 12 30 NA PacGE Cont aCostaCount 2021 12 10 2021 12 1 2041 11 30 NA PacGE Cont aCostaCount 2022 3 7 2021 10 1 2041 9 30
NA PacGE Ma nCounty 2022 4 4 2021 12 1 2041 11 30
RPCA Sola 3, LLC PacGE Cont aCostaCount 2022 11 30 2022 11 30 2042 11 29 NA PacGE NapaCounty 2022 4 13 2021 11 1 2041 10 31
NA G eate Bay Ma nCounty 2022 7 15 2022 7 16 2032 7 15
East Bay Commun ty Ene gy NA G eate F esno K ngsCounty 2015 5 22 2021 9 6 2024 12 31 San Jose Clean Ene gy NA G eate F esno K ngsCounty 2015 5 22 2021 11 1 2024 12 31 Pen nsula Clean Ene gy Autho ty NA G eate F esno K ngsCounty 2015 5 22 2022 1 17 2024 12 31 Clea way Ene gy G oup SCE No sub a ea Ke nCounty 2025 3 1 2025 3 1 2040 2 29 Ranch Se eno Clean Powe LLC PacGE Cont aCostaCount 2024 2 22 2024 2 22 2044 2 21 CES Elect on Fa m One, LLC PacGE F esnoCounty 2023 12 31 2023 12 31 2043 12 30 CES Elect on Fa m One, LLC PacGE F esnoCounty 2023 12 31 2023 12 31 2043 12 30 Clea way Ene gy G oup SCE No sub a ea SanBe na d noCoun 2023 8 28 2023 8 28 2038 8 27 NA G eate Bay Cont aCostaCount 2013 5 1 2023 5 1 2026 9 30 NA G eate F esno F esnoCounty 2001 1 1 2020 1 1 2030 12 31 NA S e a Sutte County 2002 12 23 2023 1 1 2024 12 31
NA BANC No sub a ea Sutte County 2001 7 1 2021 1 1 2023 12 31 NA PacGE Cal fo n a 2022 1 1 2028 12 31
NA PacGE Cal fo n a 2022 7 1 2030 12 31
NA PacGE Cal fo n a 2023 1 1 2030 12 31
NA PacGE Cal fo n a 2023 4 1 2025 12 31
Hecate G d SCE LosAngelesCounty 2024 4 1 2024 4 1 2034 3 31 NA Stockton SanJoaqu nCounty 1983 1 1 2015 7 1 2025 6 30 NA PacGE Calave asCounty 1930 1 1 2023 1 1 2024 12 31
NA PacGE Cal fo n a 2024 1 1 2024 12 31
NA PACW O egon 2021 1 1 2024 12 31
NA PACW O egon 2021 1 1 2024 12 31
NA S e a Place County 1966 1 1 2022 1 1 2024 12 31
NA PACW O egon 2023 1 1 2025 12 31
NA PACW O egon 2022 5 20 2025 12 31
NA PACW O egon 2023 1 1 2025 12 31
NA BANC Cal fo n a 2015 1 1 2024 12 31
NA BANC Cal fo n a 2025 1 1 2054 12 31
Pac f c Gas & Elect c NA PacGE Cal fo n a 2024 1 1 2043 12 31 Pac f c Gas & Elect c NA PacGE Cal fo n a 2023 1 1 2042 12 31 Unknown SCE Ke nCounty 2026 1 1 2026 1 1 2045 12 31
Unknown PacGE NewMex co 2030 1 1 2030 1 1 2049 12 31
Unknown PacGE Cal fo n a 2033 1 1 2033 1 1 2052 12 31
Unknown I D Impe alCounty 2030 1 1 2030 1 1 2049 12 31
Unknown PacGE Cont aCostaCount 2026 1 1 2026 1 1 2045 12 31 Pac f c Gas & Elect c NA PacGE Cal fo n a 2023 1 1 2024 12 31 Pac f c Gas & Elect c NA PacGE Cal fo n a 2023 1 1 2024 12 31 Pac f c Gas & Elect c NA PacGE Cal fo n a 2023 1 1 2024 12 31 Pac f c Gas & Elect c NA PacGE Cal fo n a 2023 1 1 2024 12 31 Pac f c Gas & Elect c NA PacGE Cal fo n a 2023 1 1 2024 12 31 NA PacGE Cal fo n a 2023 1 1 2042 12 31
NA PacGE Cal fo n a 2023 1 1 2042 12 31
NA PacGE Cal fo n a 2023 1 1 2042 12 31
NA PacGE Cal fo n a 2023 1 1 2042 12 31
NA PacGE Cal fo n a 2023 1 1 2042 12 31
NA PacGE Cal fo n a 2023 1 1 2042 12 31
Unknown PacGE Cont aCostaCount 2030 1 1 2030 1 1 2049 12 31 Unknown PacGE SolanoCounty 2028 1 1 2028 1 1 2047 12 31 Unknown PacGE NapaCounty 2034 1 1 2034 1 1 2053 12 31
NA PacGE Cal fo n a 2023 1 1 2023 12 31
NA PacGE Cal fo n a 2024 1 1 2024 12 31
NA PacGE Cal fo n a 2025 1 1 2025 12 31
NA PacGE Cal fo n a 2026 1 1 2026 12 31
NA PacGE Cal fo n a 2027 1 1 2027 12 31
NA PacGE Cal fo n a 2028 1 1 2028 12 31
NA PacGE Cal fo n a 2029 1 1 2029 12 31
NA PacGE Cal fo n a 2030 1 1 2030 12 31
NA PacGE Cal fo n a 2031 1 1 2031 12 31
NA PacGE Cal fo n a 2032 1 1 2032 12 31
NA PacGE Cal fo n a 2033 1 1 2033 12 31
NA PacGE Cal fo n a 2034 1 1 2034 12 31
NA PacGE Cal fo n a 2035 1 1 2035 12 31
Res Stat on, LLC PacGE Cal fo n a 2023 1 1 2023 1 1 2032 12 31 Pac f c Gas & Elect c 2018 1 1 2024 1 1 2026 12 31
Pac f c Gas & Elect c 2018 1 1 2024 1 1 2025 12 31
Pac f c Gas & Elect c 2018 1 1 2024 1 1 2024 12 31
Pac f c Gas & Elect c 2018 1 1 2024 1 1 2024 12 31
Pac f c Gas & Elect c 2018 1 1 2024 1 1 2025 12 31
Pac f c Gas & Elect c 2018 1 1 2024 1 1 2026 12 31
Pac f c Gas & Elect c 2018 1 1 2024 1 1 2035 12 31
Pac f c Gas & Elect c 2024 1 1 2025 1 1 2035 12 31
Pac f c Gas & Elect c 2024 1 1 2024 1 1 2035 12 31
25 MMT RSP Page 3 AI#08_Att.: MCE 2022 CPUC Compliance Integrated Resource Plan un que_cont acts
lse_unique_contract_id
Ost om_MCE
Hay MCE
Geyse s MCE
L ncoln MCE
Voyage II MCE
WM_MCE
Antelope 2 MCE
Cooley I MCE
Cost Plus_MCE
Dese t Ha vest MCE
F eethy 1 MCE
F eethy 2_MCE
G eat Valley MCE
L ttle Bea 1 MCE
L ttle Bea 3 MCE
L ttle Bea 4 MCE
L ttle Bea 5_MCE
SR A po t MCE
Mustang MCE
Soscal Fe y Sola C_MCE
Soscal Fe y Sola D MCE
Ame can Canyon Sola A MCE
Ame can Canyon Sola B_MCE
Ame can Canyon Sola C MCE
S lve a Ranch A MCE
S lve a Ranch B_MCE
SR A po t 2 MCE
EO P oducts MCE
Oakley RV & Boat Sto age MCE
DRES Qua y 2.4 MCE
Co co an_MCE
Goose Lake MCE
Buck MCE
MCE Sola 1_8.5_MCE
MCE Sola 1 2.0 MCE
Ke n Tule PCC1 1 LT MCE
S lve a Ranch C_MCE
Lake He man PCC1 1 LT MCE
By on Sola PCC1 1 LT MCE
St auss PCC1 1 LT MCE
By on Sola PCC1 2 LT MCE
Haywo th_PCC1_1_LT_MCE
Fallon PCC1 1 LT MCE
RPCA PCC1 1 LT MCE
Napa_PCC1_1_LT_MCE
CMSA PCC1 2 LT MCE
EBCE PCC1 Sale 1 MCE
SJCE_PCC1_Sale_1_MCE
PCEA PCC1 Sale 1 MCE
Golden F elds PCC1 LT MCE
Ranch Se eno_PCC1_LT_MCE
CES Elect on Fa m PCC1 DAC 1 LT MCE
CES Elect on Fa m PCC1 DAC 2 LT MCE
Daggett PCC1 1 LT MCE
Ma sh Land ng LLC RA 1 BAF MCE
WELLHEAD_RA_3_POF_MCE
CALPINE RA 35 S F MCE
CALPINE RA 34 NS MCE
CALPINE_RA_44_NS_MCE
CALPINE RA 67 NS MCE
CALPINE RA 68 NSF MCE
ENERSPONSE_RA_2_SS_MCE
Hecate Sto age RA 2024
EBMUD B1 MCE
EBMUD B1 MCE
SENA CF 13 MCE
MSCG_CF_5_MCE
B ookf eld CF 4 MCE
TENASKA CF 2 MCE
POWEREX_CF_3_MCE
Powe ex CF 4 MCE
Powe ex CF 5 MCE
WAPA_BR_MCE
WAPA BR 2 MCE
GHG F ee A locat on
DR A locat on
OS22 New W nd 2026
Gene c LT W nd NM 2030
Gene c LT W nd_2033
Gene c LT Geothe mal 2030
MTR LDS 2026
VAMO_ST_B omass
VAMO ST Sola PV
VAMO ST W nd
VAMO ST Small Hyd o
VAMO ST Geothe mal
Gene c ST B omass
Gene c ST Sola
Gene c ST W nd
Gene c ST Small Hyd o
Gene c ST Geothe mal
Gene c ST La ge Hyd o/ACS
Gene c LDS_2030
Gene c 4 Hou Sto age 2028
Gene c 4 Hou Sto age 2034
Gene c CCGT RA_2023
Gene c CCGT RA 2024
Gene c CCGT RA 2025
Gene c CCGT RA 2026
Gene c CCGT RA 2027
Gene c CCGT RA_2028
Gene c CCGT RA 2029
Gene c CCGT RA 2030
Gene c CCGT RA_2031
Gene c CCGT RA 2032
Gene c CCGT RA 2033
Gene c CCGT RA_2034
Gene c CCGT RA 2035
RESI RA 2 NS MCE
PGE Onl ne ccgt 1
PGE Onl ne ccgt 2
PGE_Onl ne_ccgt_3
PGE Onl ne chp
PGE Onl ne chp 1
PGE_Onl ne_chp_2
PGE Onl ne batte y
PGE Development batte y 1
PGE_Development_batte y_2
contract_execution_date_year contract_execut on_date_month contract_execut on_date_day tx_upgrades tx_upgrade_date_year tx_upgrade_date_month tx_upgrade_date_day tx_upgrade_descript on d1911016_tranche d2106035_procurement_cat mtr_tranche1_NQC mtr_tranche2_NQC mtr_tranche3_NQC mtr_tranche4_NQC_LDES mtr_tranche4_NQC_firm_ZE mtr_NQC_ZE_gen_paired_dr previous_COD_year 2010 12 3 NA NA
2010 12 3 NA NA
2013 7 11 NA NA
2012 7 6 NA NA
2016 12 5 NA NA
2014 11 6 NA 3 NA 2017
2016 11 15 NA NA
2014 10 7 NA NA
2015 4 14 NA NA
2016 11 18 NA NA
2015 9 4 NA NA
2015 9 4 NA NA
2016 9 15 NA NA
2016 9 23 NA NA
2016 9 23 NA NA
2016 9 23 NA NA
2016 9 23 NA NA
2012 5 8 NA NA
2014 10 3 NA NA
2018 8 30 NA NA
2018 8 30 NA NA
2018 8 30 NA NA
2018 8 30 NA NA
2018 8 30 NA NA
2019 3 7 NA NA
2019 3 7 NA NA
2018 10 24 NA NA
2018 10 31 NA NA
2018 5 8 NA NA
2018 3 23 NA NA
2011 7 8 NA NA
2011 7 8 NA NA
2011 7 8 NA NA
2017 5 30 NA 3 NA 2017
2017 5 30 NA 3 NA 2017
2020 1 22 NA NA
2019 3 7 NA NA
2020 7 29 NA NA
2020 10 15 NA NA
2018 10 19 YES Completed 3 NA 2022
2020 12 11 NA NA
2021 3 8 NA NA
2021 4 5 NA NA
2021 3 29 NA NA
2021 4 14 NA NA
2021 7 16 NA NA
2021 9 6 NA NA
2021 11 1 NA NA
2021 11 29 NA NA
2022 2 4 YES 2024 10 1 NA gene al & ZE gen pa ed d 75 61.3 2022 2 23 NO NA NA
2022 3 20 NA NA
2022 3 20 NA NA
2020 9 25 YES NA gene al & ZE gen pa ed d 58 7.9 48.1 2022 2022 7 26 NA NA
2019 8 1 NA NA
NA NA
2020 2 28 NA 1&2 NA 2001
NA NA
NA NA
NA NA
NA NA
2022 8 4 NA gene al 167.795
2015 6 22 NA NA
2015 6 22 NA NA
2019 4 26 NA NA
2020 9 15 NA NA
2020 2 14 NA NA
2021 12 17 NA NA
2022 4 11 NA NA
2022 5 18 NA NA
2022 5 18 NA NA
2011 12 14 NA NA
2021 3 18 NA NA
NA NA
NA NA
NA NA NA
NA NA NA
NA NA NA
NA NA NA
NA NA long du at on sto age 31.28
NA NA
NA NA
NA NA
NA NA
NA NA
NA NA
NA NA
NA NA
NA NA
NA NA
NA NA
NA NA NA
NA NA NA
NA NA NA
NA NA
NA NA
NA NA
NA NA
NA NA
NA NA
NA NA
NA NA
NA NA
NA NA
NA NA
NA NA
NA NA
2022 8 31 NA 3
2017 1 1
2017 1 1
2017 1 1
2017 1 1
2017 1 1
2017 1 1
2017 1 1
2022 1 1
2022 1 1
25 MMT RSP Page 4 AI#08_Att.: MCE 2022 CPUC Compliance Integrated Resource Plan un que_cont acts
lse_unique_contract_id
Ost om_MCE
Hay MCE
Geyse s MCE
L ncoln MCE
Voyage II MCE
WM_MCE
Antelope 2 MCE
Cooley I MCE
Cost Plus_MCE
Dese t Ha vest MCE
F eethy 1 MCE
F eethy 2_MCE
G eat Valley MCE
L ttle Bea 1 MCE
L ttle Bea 3 MCE
L ttle Bea 4 MCE
L ttle Bea 5_MCE
SR A po t MCE
Mustang MCE
Soscal Fe y Sola C_MCE
Soscal Fe y Sola D MCE
Ame can Canyon Sola A MCE
Ame can Canyon Sola B_MCE
Ame can Canyon Sola C MCE
S lve a Ranch A MCE
S lve a Ranch B_MCE
SR A po t 2 MCE
EO P oducts MCE
Oakley RV & Boat Sto age MCE
DRES Qua y 2.4 MCE
Co co an_MCE
Goose Lake MCE
Buck MCE
MCE Sola 1_8.5_MCE
MCE Sola 1 2.0 MCE
Ke n Tule PCC1 1 LT MCE
S lve a Ranch C_MCE
Lake He man PCC1 1 LT MCE
By on Sola PCC1 1 LT MCE
St auss PCC1 1 LT MCE
By on Sola PCC1 2 LT MCE
Haywo th_PCC1_1_LT_MCE
Fallon PCC1 1 LT MCE
RPCA PCC1 1 LT MCE
Napa_PCC1_1_LT_MCE
CMSA PCC1 2 LT MCE
EBCE PCC1 Sale 1 MCE
SJCE_PCC1_Sale_1_MCE
PCEA PCC1 Sale 1 MCE
G ld n F PC 1 LT MCE
Ranch Se eno_PCC1_LT_MCE
CES Elect on Fa m PCC1 DAC 1 LT MCE
CES Elect on Fa m PCC1 DAC 2 LT MCE
D g e t PCC1 1 T MCE
Ma sh Land ng LLC RA 1 BAF MCE
WELLHEAD_RA_3_POF_MCE
CALPINE RA 35 S F MCE
CALPINE RA 34 NS MCE
CALPINE_RA_44_NS_MCE
CALPINE RA 67 NS MCE
CALPINE RA 68 NSF MCE
ENERSPONSE_RA_2_SS_MCE
Hecate Sto age RA 2024
EBMUD B1 MCE
EBMUD B1 MCE
SENA CF 13 MCE
MSCG_CF_5_MCE
B ookf eld CF 4 MCE
TENASKA CF 2 MCE
POWEREX_CF_3_MCE
Powe ex CF 4 MCE
Powe ex CF 5 MCE
WAPA_BR_MCE
WAPA BR 2 MCE
GHG F ee A locat on
DR A locat on
OS22 New W nd 2026
Gene c LT W nd NM 2030
Gene c LT W nd_2033
Gene c LT Geothe mal 2030
MTR LDS 2026
VAMO_ST_B omass
VAMO ST Sola PV
VAMO ST W nd
VAMO ST Small Hyd o
VAMO ST Geothe mal
Gene c ST B omass
Gene c ST Sola
Gene c ST W nd
Gene c ST Small Hyd o
Gene c ST Geothe mal
Gene c ST La ge Hyd o/ACS
Gene c LDS_2030
Gene c 4 Hou Sto age 2028
Gene c 4 Hou Sto age 2034
Gene c CCGT RA_2023
Gene c CCGT RA 2024
Gene c CCGT RA 2025
Gene c CCGT RA 2026
Gene c CCGT RA 2027
Gene c CCGT RA_2028
Gene c CCGT RA 2029
Gene c CCGT RA 2030
Gene c CCGT RA_2031
Gene c CCGT RA 2032
Gene c CCGT RA 2033
Gene c CCGT RA_2034
Gene c CCGT RA 2035
RESI RA 2 NS MCE
PGE Onl ne ccgt 1
PGE Onl ne ccgt 2
PGE_Onl ne_ccgt_3
PGE Onl ne chp
PGE Onl ne chp 1
PGE_Onl ne_chp_2
PGE Onl ne batte y
PGE Development batte y 1
PGE_Development_batte y_2
prev ous_COD_month previous_COD_day remediat on_plan signed_contract notice_to_proceed public_contract buying_energy_capac ty NQC_reporting_source procurement_origin csp_resource_category csp_annual_2024 csp_annual_2026 csp_annual_2030 csp_annual_2035 macro_supertype notes YES Ene gyCapac ty Calculated RPS, RA B ogas (GWh) 12 12 12 0 phys cal YES Ene gyCapac ty Calculated RPS, RA B ogas (GWh) 11 11 11 0 phys cal YES Ene gyCapac ty Calculated RPS, RA Geothe mal (GWh) 88 88 0 0 phys cal YES Ene gyCapac ty Calculated RPS, RA B ogas (GWh) 27 27 27 0 phys cal YES Ene gyCapac ty Calculated RPS, RA W nd Ex st ng Cal fo n a GWh) 138 138 137 0 phys cal 9 14 NO YES NO s YES es u ce a c pable of e g ble D 1 11 0 6 s fo f D E gyCapa ty C lc ate RPS, R B gas GWh 30 0 0 3 MCE p ov executed cont act n ts Feb ua y 1, 2021 compl anc y cal YES Ene gyCapac ty Calculated RPS, RA Sola Ex st ng Cal fo n a (GWh) 294 292 286 279 phys cal YES Ene gyCapac ty Calculated RPS, RA Sola Ex st ng Cal fo n a (GWh) 2 2 2 2 ex st nggene c YES Ene gyCapac ty Calculated RPS, RA Sola Ex st ng Cal fo n a (GWh) 1 1 1 1 ex st nggene c YES Ene gyCapac ty Calculated RPS, RA Sola Ex st ng Cal fo n a (GWh) 258 255 250 243 phys cal YES Ene gyCapac ty Calculated RPS, RA Sola Ex st ng Cal fo n a (GWh) 2 2 2 2 ex st nggene c YES Ene gyCapac ty Calculated RPS, RA Sola Ex st ng Cal fo n a (GWh) 2 2 2 2 ex st nggene c YES Ene gyCapac ty Calculated RPS, RA Sola Ex st ng Cal fo n a (GWh) 286 284 281 0 phys cal YES Ene gyCapac ty Calculated RPS, RA Sola Ex st ng Cal fo n a (GWh) 108 107 105 102 phys cal YES Ene gyCapac ty Calculated RPS, RA Sola Ex st ng Cal fo n a (GWh) 54 53 52 51 phys cal YES Ene gyCapac ty Calculated RPS, RA Sola Ex st ng Cal fo n a (GWh) 135 133 131 127 phys cal YES Ene gyCapac ty Calculated RPS, RA Sola Ex st ng Cal fo n a (GWh) 135 133 131 127 phys cal YES Ene gyCapac ty Calculated RPS, RA Sola Ex st ng Cal fo n a (GWh) 2 2 2 0 ex st nggene c YES Ene gyCapac ty Calculated RPS, RA Sola Ex st ng Cal fo n a (GWh) 82 81 79 0 phys cal YES Ene gyCapac ty Calculated RPS Sola Ex st ng Cal fo n a (GWh) 3 3 3 3 ex st nggene c YES Ene gyCapac ty Calculated RPS Sola Ex st ng Cal fo n a (GWh) 3 3 3 3 ex st nggene c YES Ene gyCapac ty Calculated RPS Sola Ex st ng Cal fo n a (GWh) 3 3 3 3 ex st nggene c YES Ene gyCapac ty Calculated RPS Sola Ex st ng Cal fo n a (GWh) 3 3 3 3 ex st nggene c YES Ene gyCapac ty Calculated RPS Sola Ex st ng Cal fo n a (GWh) 3 3 3 3 ex st nggene c YES Ene gyCapac ty Calculated RPS Sola Ex st ng Cal fo n a (GWh) 3 3 3 3 ex st nggene c YES Ene gyCapac ty Calculated RPS Sola Ex st ng Cal fo n a (GWh) 3 3 3 3 ex st nggene c YES Ene gyCapac ty Calculated RPS Sola Ex st ng Cal fo n a (GWh) 2 2 2 0 ex st nggene c YES Ene gyCapac ty Calculated RPS Sola Ex st ng Cal fo n a (GWh) 1 1 0 0 ex st nggene c YES Ene gyCapac ty Calculated RPS Sola Ex st ng Cal fo n a (GWh) 2 2 2 2 ex st nggene c YES Ene gyCapac ty Calculated RPS Sola Ex st ng Cal fo n a (GWh) 1 1 0 0 ex st nggene c YES Ene gyCapac ty Calculated RPS, RA Sola Ex st ng Cal fo n a (GWh) 28 28 27 26 phys cal YES Ene gyCapac ty Calculated RPS, RA Sola Ex st ng Cal fo n a (GWh) 31 30 30 29 phys cal YES Ene gyCapac ty Calculated RPS Sola Ex st ng Cal fo n a (GWh) 3 3 2 1 ex st nggene c 12 22 NO YES NO s YES es u ce a c pable of e g ble ou c p .19 1 - 1 MCE s fo f D E gyCapa ty C lc ate RPS, R S l Ex st g l o a GWh) 17 7 7 1 MCE p ov executed cont act n ts Feb ua y 1, 2021 compl anc y cal 12 22 NO YES NO s YES En g Ca ac y e u e t capa l o e g e so p D. 1 16 MCE n o . C lc t d RPS RA S la E st Ca fo ( W ) 4 4 M E ov executed cont act n ts Feb ua y 1, 2021 compl anc h s al YES Ene gyCapac ty Calculated RPS, RA Sma l Hyd o (GWh) 37 37 37 37 phys cal YES Ene gyCapac ty Calculated RPS Sola Ex st ng Cal fo n a (GWh) 3 3 3 3 ex st nggene c YES Ene gyCapac ty Calculated RPS, RA Sola Ex st ng Cal fo n a (GWh) 3 3 3 3 ex st nggene c YES Ene gyCapac ty Calculated RPS, RA Sola Ex st ng Cal fo n a (GWh) 3 3 3 3 ex st nggene c h s u e s a c 7 g e 1 YES a co 1 6 MW f NQ tow d 19 1 0 6 e u v ded t e o t act a d 3) s gned land le e 1 co e D S p mp d t e Co med at on Plan and (2) a P oject T mel ne. In ts Feb YES YES a y n c a at on n e y a a t C lc t d RP , R W Ne PG E (GWh) 91 2 90 290 y l YES Ene gyCapac ty Calculated RPS Sola Ex st ng Cal fo n a (GWh) 8 8 8 8 ex st nggene c YES Ene gyCapac ty Calculated RPS Sola Ex st ng Cal fo n a (GWh) 2 2 2 2 ex st nggene c YES Ene gyCapac ty Calculated RPS Sola Ex st ng Cal fo n a (GWh) 2 2 2 2 ex st nggene c YES Yes, but p c ng and any f nanc al nfo mat on oEne gyCapac ty Calculated RPS, RA Sola D st buted (GWh) 14 14 14 13 newgene c Feed n ta ff YES Ene gyCapac ty Calculated RPS Sola Ex st ng Cal fo n a (GWh) 1 1 1 1 ex st nggene c YES Ene gyCapac ty Calculated RPS B omass (GWh) 4 4 4 0 ex st nggene c YES Ene gyOnly Calculated RPS Sola Ex st ng Cal fo n a (GWh) 8 0 0 0 phys cal YES Ene gyOnly Calculated RPS Sola Ex st ng Cal fo n a (GWh) 4 0 0 0 phys cal YES Ene gyOnly Calculated RPS Sola Ex st ng Cal fo n a (GWh) 10 0 0 0 phys cal M p ns to us t u c to Y S Y , t p c n n n f n nf n o y 75 M QC t wa s MCE s t a D.21 0 e en . MC a o ce t c et ng t e b et u n n e d o p ac t e D ablo C n a h t f e le ty o m e u ava lab l ty equ ement (~61MW of NQC) and the g E e C a t Cal t d R S D.21-06-0 5 Hyb d P d S la att ( Wh) 0 30 95 2 5 ne gen YES Yes, but p c ng and any f nanc al nfo mat on oEne gyCapac ty Calculated RPS, RA Sola D st buted (GWh) 5 5 5 5 newgene c Feed n ta ff YES Yes, but p c ng and any f nanc al nfo mat on oEne gyCapac ty Calculated RPS,RA Sola D st buted (GWh) 1 1 1 1 newgene c Feed n ta ff YES Yes, but p c ng and any f nanc al nfo mat on oEne gyCapac ty Calculated RPS Sola D st buted (GWh) 12 12 12 12 newgene c Feed n ta ff M E la s s t so el 1 31 p ten e t ly 6 M o QC ow ds M E o l D 21 q ment MCE e ou to g he su equ m t n en e t p c the D abl C Pl h a es t e ou e s b DCPP 5 hou ava lab l ty equ ement.MCE plans to u NA YES Y b t c g n f n c l nf m n oEne Ca a C lcula d RPS, R Hy d So a a d Ba t (GW ) 3 324 319 11 wge YES Capac tyOnly Calculated RA NA 0 0 0 0 phys cal
YES Capac tyOnly In the cont act RA NA 0 0 0 0 phys cal YES Capac tyOnly In the cont act RA NA 0 0 0 0 phys cal 7 1 NO YES NO YES o ew cont l g bl a em me t e D.1 1 t 5 D m C UC ex cu n ts Feb ua y 1, 2021 compl ance f l ng pe D.20-12- Cap c t O y th ont act D19 101 RA NA 0 0 s e ed m t YES Capac tyOnly In the cont act RA NA 0 0 0 0 ex st nggene c YES Capac tyOnly In the cont act RA NA 0 0 0 0 ex st nggene c YES Capac tyOnly In the cont act RA NA 0 0 0 0 ex st nggene c YES Capac tyOnly In the cont act RA NA 0 0 0 0 ex st nggene c YES Yes, but p c ng and any f nanc al nfo mat on Capac tyOnly Calculated D2106035 Batte y Sto age MWh Ene gy Capac ty) 555 n RA u c o 7 0 740 7 0 nety com l nt pu suant to D.21-06-035. MCE ntends and expect YES Ene gyOnly Calculated RPS Sma l Hyd o (GWh) 45.8 0 0 0 phys cal YES Ene gyOnly Calculated RPS Sma l Hyd o (GWh) 139 5 0 0 0 phys cal YES Ene gyOnly Calculated pol cy La ge Hyd o (GWh) 200 0 0 0 ex st nggene c YES Ene gyOnly Calculated pol cy Impo ted Hyd o (GWh) 400 0 0 0 ex st nggene c YES Ene gyOnly Calculated pol cy Impo ted Hyd o (GWh) 200 0 0 0 ex st nggene c YES Ene gyOnly Calculated pol cy La ge Hyd o (GWh) 120 0 0 0 phys cal YES Ene gyOnly Calculated pol cy Impo ted Hyd o (GWh) 250 0 0 0 ex st nggene c YES Ene gyOnly Calculated pol cy Impo ted Hyd o (GWh) 200 0 0 0 ex st nggene c YES Ene gyOnly Calculated pol cy Impo ted Hyd o (GWh) 100 0 0 0 ex st nggene c YES Ene gyOnly Calculated RPS La ge Hyd o (GWh) 25 0 0 0 ex st nggene c YES Ene gyOnly Calculated RPS La ge Hyd o (GWh) 0 25 25 25 ex st nggene c No Ene gyOnly Calculated allocat on La ge Hyd o (GWh) 500 500 500 500 ex st nggene c No Capac tyOnly In the cont act allocat on Shed DR MW) 0 0 0 0 ex st nggene c NA NO No Ene gyCapac ty Calculated RPS, RA W nd New SCE SDG&E (GWh) 0 263 263 263 newgene c Gene c NA NO No Ene gyCapac ty Calculated RPS, RA W nd New Mex co (GWh) 0 0 250 250 new esolve Gene c NA NO No Ene gyCapac ty Calculated RPS, RA W nd Offsho e Mo o Bay (GWh) 0 0 0 400 new esolve Gene c NA NO No Ene gyCapac ty Calculated RPS, RA Geothe mal (GWh) 0 0 580 580 newgene c Gene c NA NO No Ene gyCapac ty Calculated D2106035 Batte y Sto age MWh Ene gy Capac ty) 0 0 0 0 newgene c Gene c Yes Ene gyOnly Calculated allocat on B omass (GWh) 33 0 0 0 ex st nggene c Yes Ene gyOnly Calculated allocat on Sola Ex st ng Cal fo n a (GWh) 206 0 0 0 ex st nggene c Yes Ene gyOnly Calculated allocat on W nd Ex st ng Cal fo n a GWh) 165 0 0 0 ex st nggene c Yes Ene gyOnly Calculated allocat on Sma l Hyd o (GWh) 14 0 0 0 ex st nggene c Yes Ene gyOnly Calculated allocat on Geothe mal (GWh) 70 0 0 0 ex st nggene c No Ene gyOnly Calculated RPS B omass (GWh) 28 34 0 16 ex st nggene c No Ene gyOnly Calculated RPS Sola Ex st ng Cal fo n a (GWh) 138 171 0 79 ex st nggene c No Ene gyOnly Calculated RPS W nd Ex st ng Cal fo n a GWh) 303 558 214 374 ex st nggene c No Ene gyOnly Calculated RPS Sma l Hyd o (GWh) 55 69 0 32 ex st nggene c No Ene gyOnly Calculated RPS Geothe mal (GWh) 142 98 117 149 ex st nggene c No Ene gyOnly Calculated RPS Impo ted Hyd o (GWh) 0 766 69 120 ex st nggene c NA NO No Ene gyCapac ty Calculated RA Batte y Sto age MWh Ene gy Capac ty) 0 0 400 400 newgene c Gene c NA NO No Ene gyCapac ty Calculated RA Batte y Sto age MWh Ene gy Capac ty) 0 0 800 800 newgene c Gene c NA NO No Ene gyCapac ty Calculated RA Batte y Sto age MWh Ene gy Capac ty) 0 0 0 800 newgene c Gene c No Capac tyOnly Calculated RA NA 0 0 0 0 ex st nggene c No Capac tyOnly Calculated RA NA 0 0 0 0 ex st nggene c No Capac tyOnly Calculated RA NA 0 0 0 0 ex st nggene c No Capac tyOnly Calculated RA NA 0 0 0 0 ex st nggene c No Capac tyOnly Calculated RA NA 0 0 0 0 ex st nggene c No Capac tyOnly Calculated RA NA 0 0 0 0 ex st nggene c No Capac tyOnly Calculated RA NA 0 0 0 0 ex st nggene c No Capac tyOnly Calculated RA NA 0 0 0 0 ex st nggene c No Capac tyOnly Calculated RA NA 0 0 0 0 ex st nggene c No Capac tyOnly Calculated RA NA 0 0 0 0 ex st nggene c No Capac tyOnly Calculated RA NA 0 0 0 0 ex st nggene c No Capac tyOnly Calculated RA NA 0 0 0 0 ex st nggene c No Capac tyOnly Calculated RA NA 0 0 0 0 ex st nggene c YES NO b any f nanc al nfo mat on Capac tyOnly In the cont act D1911016, RA Shed DR MW)T s c n 15 15 15 M es u e east 15 MW of nc emental NQC towa ds MCE's D 19 1 0 new e e Ene gyCapac ty NA 0 0 0 0
Ene gyCapac ty NA 0 0 0 0
Ene gyCapac ty NA 0 0 0 0
Ene gyCapac ty NA 0 0 0 0
Ene gyCapac ty NA 0 0 0 0
Ene gyCapac ty NA 0 0 0 0
Capac tyOnly Batte y Sto age MWh Ene gy Capac ty) 93.23439546 93.23439546 93.23439546 93.23439546 Capac tyOnly Batte y Sto age MWh Ene gy Capac ty) 23.30859887 23.30859887 23.30859887 23.30859887 Ene gyCapac ty Batte y Sto age MWh Ene gy Capac ty) 0.385368835 0 385368835 0 385368835 0 385368835 25 MMT RSP Page 5 AI#08_Att.: MCE 2022 CPUC Compliance Integrated Resource Plan Calcs
resource contract_status contracted_nameplate_capacity is_hybrid_paired can_charge_from_grid contracted_generator_mw contracted_storage_mw contracted_storage_depth_mwh buy_sell_own contract_start_date_year contract_start_date_month contract_start_date_day WHEATL_6_LNDFIL Online 2 NotHybrid 0 0 0 0 0 2013 7 1
PEABDY 2 LNDFIL Online 2 NotHybrid 0 0 0 0 0 2013 7 1
GEYS13_7_UNIT13 Online 10 NotHybrid 0 0 0 0 0 2017 1 1
PLSNTG_7_LNCLND Online 5 NotHybrid 0 0 0 0 0 2013 2 14
VOYAGR_2_VOYWD3 Online 0 NotHybrid 0 0 0 0 0 2018 12 29 NOVATO_6_LNDFL Online 4 NotHybrid 0 0 0 0 0 2017 9 14
BGSKYN 2 AS2SR1 Online 105 NotHybrid 0 0 0 0 0 2019 1 1 _EXISTING_GENERIC_SOLAR_FIXED Online 1 NotHybrid 0 0 0 0 0 2017 3 1 _EXISTING_GENERIC_SOLAR_FIXED Online 1 NotHybrid 0 0 0 0 0 2016 9 1 DSRTHV_2_DH1SR1 Online 80 NotHybrid 0 0 0 0 0 2020 12 17 _EXISTING_GENERIC_SOLAR_FIXED Online 1 NotHybrid 0 0 0 0 0 2016 10 6 EXISTING GENERIC SOLAR FIXED Online 1 NotHybrid 0 0 0 0 0 2016 10 6 TRNQL8_2_ROJSR1 Online 100 NotHybrid 0 0 0 0 0 2018 4 14 LTBERA_1_LB1SR1 Online 40 NotHybrid 0 0 0 0 0 2020 12 10 LTBEAR_1_LB3SR3 Online 20 NotHybrid 0 0 0 0 0 2020 12 10 LTBEAR_1_LB4SR4 Online 50 NotHybrid 0 0 0 0 0 2020 12 10 LTBEAR 1 LB4SR5 Online 50 NotHybrid 0 0 0 0 0 2020 12 10 _EXISTING_GENERIC_SOLAR_FIXED Online 1 NotHybrid 0 0 0 0 0 2012 10 23 MSTANG_2_SOLAR4 Online 30 NotHybrid 0 0 0 0 0 2015 6 25 _EXISTING_GENERIC_SOLAR_FIXED Online 1 NotHybrid 0 0 0 0 0 2020 8 30 _EXISTING_GENERIC_SOLAR_FIXED Online 1 NotHybrid 0 0 0 0 0 2020 8 30 EXISTING GENERIC SOLAR FIXED Online 1 NotHybrid 0 0 0 0 0 2019 9 1 _EXISTING_GENERIC_SOLAR_FIXED Online 1 NotHybrid 0 0 0 0 0 2019 9 1 _EXISTING_GENERIC_SOLAR_FIXED Online 1 NotHybrid 0 0 0 0 0 2019 9 1 _EXISTING_GENERIC_SOLAR_FIXED Online 1 NotHybrid 0 0 0 0 0 2021 3 30 _EXISTING_GENERIC_SOLAR_FIXED Online 1 NotHybrid 0 0 0 0 0 2021 3 30 EXISTING GENERIC SOLAR FIXED Online 1 NotHybrid 0 0 0 0 0 2020 9 30 _EXISTING_GENERIC_SOLAR_FIXED Online 1 NotHybrid 0 0 0 0 0 2018 12 10 _EXISTING_GENERIC_SOLAR_FIXED Online 1 NotHybrid 0 0 0 0 0 2018 7 31 _EXISTING_GENERIC_SOLAR_FIXED Online 0 NotHybrid 0 0 0 0 0 2019 5 14 CORCAN_1_SOLAR2 Online 11 NotHybrid 0 0 0 0 0 2015 5 22 GOOSLK 1 SOLAR1 Online 12 NotHybrid 0 0 0 0 0 2015 5 22 _EXISTING_GENERIC_SOLAR_FIXED Online 1 NotHybrid 0 0 0 0 0 2015 5 22 RICHMN_1_CHVSR2 Online 9 NotHybrid 0 0 0 0 0 2017 12 22 RICHMN_1_SOLAR Online 2 NotHybrid 0 0 0 0 0 2017 12 22
KRNCNY_6_UNIT Online 11 NotHybrid 0 0 0 0 0 2021 7 5
EXISTING GENERIC SOLAR FIXED Online 1 NotHybrid 0 0 0 0 0 2021 3 30 _EXISTING_GENERIC_SOLAR_FIXED Online 5 NotHybrid 0 0 0 0 0 2021 9 30 _EXISTING_GENERIC_SOLAR_FIXED Online 3 NotHybrid 0 0 0 0 0 2022 5 21 STRAUSSWIND Development 91 NotHybrid 0 0 0 0 0
_EXISTING_GENERIC_SOLAR_FIXED Online 1 NotHybrid 0 0 0 0 0 2021 12 1 EXISTING GENERIC SOLAR FIXED Online 1 NotHybrid 0 0 0 0 0 2021 10 1 _EXISTING_GENERIC_SOLAR_FIXED Online 1 NotHybrid 0 0 0 0 0 2021 12 1 _NEW_GENERIC_SOLAR_FIXED Development 5 NotHybrid 0 0 0 0 0 2022 11 30 _EXISTING_GENERIC_SOLAR_FIXED Online 1 NotHybrid 0 0 0 0 0 2021 11 1 _EXISTING_GENERIC_BIOMASS/WOOD Online 1 NotHybrid 0 0 0 0 0 2022 7 16 GOOSLK 1 SOLAR1 Online 0 NotHybrid 0 0 0 0 Sell 2021 9 6 CORCAN_1_SOLAR2 Online 0 NotHybrid 0 0 0 0 Sell 2021 11 1 GOOSLK_1_SOLAR1 Online 0 NotHybrid 0 0 0 0 Sell 2022 1 17 _NEW_GENERIC_SOLAR_1AXIS Development 100 NewSolarNewStorage NO 100 92 368 0 2025 3 1 _NEW_GENERIC_SOLAR_1AXIS Development 2 NewSolarNewStorage NO 2 0.8 3.2 0 2024 2 22 NEW GENERIC SOLAR 1AXIS Development 0 NotHybrid 0 0 0 0 0 2023 12 31 _NEW_GENERIC_SOLAR_1AXIS Development 4 NotHybrid 0 0 0 0 0 2023 12 31 _NEW_GENERIC_SOLAR_1AXIS Development 110 NewSolarNewStorage NO 110 60 240 0 2023 8 28 COCOPP_2_CTG4 Online 81 NotHybrid 0 0 0 0 0 2023 5 1
AGRICO_7_UNIT Online 50 NotHybrid 0 0 0 0 0 2020 1 1
BOGUE 1 UNITA1 Online 32 NotHybrid 0 0 0 0 0 2023 1 1
SUTTER_2_CISO Online 70 NotHybrid 0 0 0 0 0 2021 1 1
_EXISTING_GENERIC_COMBINED_CYCLE Online 25 NotHybrid 0 0 0 0 0 2022 1 1 _EXISTING_GENERIC_COMBINED_CYCLE Online 15 NotHybrid 0 0 0 0 0 2022 7 1 _EXISTING_GENERIC_COMBINED_CYCLE Online 15 NotHybrid 0 0 0 0 0 2023 1 1 EXISTING GENERIC DR Online 20 NotHybrid 0 0 0 0 0 2023 4 1 _NEW_GENERIC_BATTERY_STORAGE Development 185 NotHybrid 0 0 0 740 0 2024 4 1 CAMCHE_1_PL1X3 Online 0 NotHybrid 0 0 0 0 0 2015 7 1
PARDEB_6_UNITS Online 0 NotHybrid 0 0 0 0 0 2023 1 1
_EXISTING_GENERIC_INSTATE_LARGE_HYOnline 0 NotHybrid 0 0 0 0 0 2024 1 1 EXISTING GENERIC NW HYDRO Online 0 NotHybrid 0 0 0 0 0 2021 1 1 _EXISTING_GENERIC_NW_HYDRO Online 0 NotHybrid 0 0 0 0 0 2021 1 1 EXCHEC_7_UNIT 1 Online 0 NotHybrid 0 0 0 0 0 2022 1 1
_EXISTING_GENERIC_NW_HYDRO Online 0 NotHybrid 0 0 0 0 0 2023 1 1 _EXISTING_GENERIC_NW_HYDRO Online 0 NotHybrid 0 0 0 0 0 2022 5 20 EXISTING GENERIC NW HYDRO Online 0 NotHybrid 0 0 0 0 0 2023 1 1 _EXISTING_GENERIC_INSTATE_LARGE_HYOnline 0 NotHybrid 0 0 0 0 0 2015 1 1 _EXISTING_GENERIC_INSTATE_LARGE_HYOnline 0 NotHybrid 0 0 0 0 0 2025 1 1 _EXISTING_GENERIC_INSTATE_LARGE_HYPlannedExisting 0 NotHybrid 0 0 0 0 Buy 2024 1 1 EXISTING GENERIC DR Online 0 NotHybrid 0 0 0 0 Buy 2023 1 1 NEW GENERIC WIND PlannedNew 100 NotHybrid 0 0 0 0 0 2026 1 1 _CREZ_GENERIC_NEW_MEXICO_WIND PlannedNew 70 NotHybrid 0 0 0 0 0 2030 1 1 _CREZ_GENERIC_MORRO_BAY_OFFSHOR PlannedNew 95 NotHybrid 0 0 0 0 0 2033 1 1 _NEW_GENERIC_GEOTHERMAL PlannedNew 75 NotHybrid 0 0 0 0 0 2030 1 1 _NEW_GENERIC_BATTERY_STORAGE PlannedNew 40 NotHybrid 0 0 0 320 0 2026 1 1 EXISTING GENERIC BIOMASS/WOOD Online 0 NotHybrid 0 0 0 0 Buy 2023 1 1 _EXISTING_GENERIC_SOLAR_FIXED Online 0 NotHybrid 0 0 0 0 Buy 2023 1 1 25 MMT RSP Page 6 AI#08_Att.: MCE 2022 CPUC Compliance Integrated Resource Plan Calcs
_EXISTING_GENERIC_WIND Online0 NotHybrid0000 Buy 202311 _EXISTING_GENERIC_INSTATE_SMALL_HYOnline0 NotHybrid0000 Buy 202311 EXISTING GENERIC GEOTHERMAL Online0 NotHybrid0000 Buy 202311 _EXISTING_GENERIC_BIOMASS/WOOD PlannedExisting0 NotHybrid00000 202311 _EXISTING_GENERIC_SOLAR_FIXED PlannedExisting0 NotHybrid00000 202311 _EXISTING_GENERIC_WIND PlannedExisting0 NotHybrid00000 202311 _EXISTING_GENERIC_INSTATE_SMALL_HYPlannedExisting0 NotHybrid00000 202311 EXISTING GENERIC GEOTHERMAL PlannedExisting0 NotHybrid00000 202311 _EXISTING_GENERIC_NW_HYDRO PlannedExisting0 NotHybrid00000 202311 _NEW_GENERIC_BATTERY_STORAGE PlannedNew 50 NotHybrid000 4000 203011 _NEW_GENERIC_BATTERY_STORAGE PlannedNew 200 NotHybrid000 8000 202811 _NEW_GENERIC_BATTERY_STORAGE PlannedNew 200 NotHybrid000 8000 203411 EXISTING GENERIC COMBINED CYCLE PlannedExisting 750 NotHybrid00000 202311 _EXISTING_GENERIC_COMBINED_CYCLE PlannedExisting 686 NotHybrid00000 202411 _EXISTING_GENERIC_COMBINED_CYCLE PlannedExisting 639 NotHybrid00000 202511 _EXISTING_GENERIC_COMBINED_CYCLE PlannedExisting 731 NotHybrid00000 202611 _EXISTING_GENERIC_COMBINED_CYCLE PlannedExisting 672 NotHybrid00000 202711 EXISTING GENERIC COMBINED CYCLE PlannedExisting 498 NotHybrid00000 202811 _EXISTING_GENERIC_COMBINED_CYCLE PlannedExisting 535 NotHybrid00000 202911 _EXISTING_GENERIC_COMBINED_CYCLE PlannedExisting 425 NotHybrid00000 203011 _EXISTING_GENERIC_COMBINED_CYCLE PlannedExisting 518 NotHybrid00000 203111 _EXISTING_GENERIC_COMBINED_CYCLE PlannedExisting 542 NotHybrid00000 203211 EXISTING GENERIC COMBINED CYCLE PlannedExisting 530 NotHybrid00000 203311 _EXISTING_GENERIC_COMBINED_CYCLE PlannedExisting 541 NotHybrid00000 203411 _EXISTING_GENERIC_COMBINED_CYCLE PlannedExisting 549 NotHybrid00000 203511 _NEW_GENERIC_DR Review 15 NotHybrid00000 202311
_EXISTING_GENERIC_COMBINED_CYCLE Online 44 NotHybrid00000 202411 EXISTING GENERIC COMBINED CYCLE Online 39 NotHybrid00000 202411 _EXISTING_GENERIC_COMBINED_CYCLE Online 61 NotHybrid00000 202411 _EXISTING_GENERIC_COGEN Online4 NotHybrid00000 202411
_EXISTING_GENERIC_COGEN Online3 NotHybrid00000 202411
_EXISTING_GENERIC_COGEN Online1 NotHybrid00000 202411
EXISTING GENERIC BATTERY STORAGE Online 23 NotHybrid000 93.234395460 202411 _NEW_GENERIC_BATTERY_STORAGE Development6 NotHybrid000 23.308598870 202511 _NEW_GENERIC_BATTERY_STORAGE Development0 NotHybrid000 0.3853688350 202411 25 MMT RSP Page 7 AI#08_Att.: MCE 2022 CPUC Compliance Integrated Resource Plan 25 MMT RSP Page 8 AI#08_Att.: MCE 2022 CPUC Compliance Integrated Resource Plan Calcs
2024 12 31 EnergyOnly0 in_state_w n/a in_state_w 2023 2024 100% 100%000000000000 2024 12 31 EnergyOnly0 hydro n/a hydro 2023 2024 100% 100%000000000000 2024 12 31 EnergyOnly0 geotherma n/a geotherma 2023 2024 100% 100%000000000000 2042 12 31 EnergyOnly0 biomass_w n/a biomass_w 2023 2042 100% 100%000000000000 2042 12 31 EnergyOnly0 utility_pv n/a utility_pv 2023 2042 100% 100%000000000000 2042 12 31 EnergyOnly0 in_state_w n/a in_state_w 2023 2042 100% 100%000000000000 2042 12 31 EnergyOnly0 hydro n/a hydro 2023 2042 100% 100%000000000000 2042 12 31 EnergyOnly0 geotherma n/a geotherma 2023 2042 100% 100%000000000000 2042 12 31 EnergyOnly0 hydro n/a hydro 2023 2042 100% 100%000000000000 2049 12 31 EnergyCapacity1 8hr_batter n/a 8hr_batter 2030 2049 100% 100%000000 44.5 42.56 40.62 38.68 36.74 34.8 2047 12 31 EnergyCapacity1 4hr_batter n/a 4hr_batter 2028 2047 100% 100%0000 163.2 170.6 178 158.44 138.88 119.32 99.76 80.2 2053 12 31 EnergyCapacity1 4hr_batter n/a 4hr_batter 2034 2053 100% 100%0000000000 99.76 80.2 2023 12 31 CapacityOnly1 gas cc n/a gas cc 2023 2023 100% 100%000000000000 2024 12 31 CapacityOnly1 gas_cc n/a gas_cc 2024 2024 100% 100% 579.02200000000000 2025 12 31 CapacityOnly1 gas_cc n/a gas_cc 2025 2025 100% 100%0 545.57060000000000 2026 12 31 CapacityOnly1 gas_cc n/a gas_cc 2026 2026 100% 100%00 630.9817000000000 2027 12 31 CapacityOnly1 gas_cc n/a gas_cc 2027 2027 100% 100%000 582.187100000000 2028 12 31 CapacityOnly1 gas cc n/a gas cc 2028 2028 100% 100%0000 432.85110000000 2029 12 31 CapacityOnly1 gas_cc n/a gas_cc 2029 2029 100% 100%00000 459.8663000000 2030 12 31 CapacityOnly1 gas_cc n/a gas_cc 2030 2030 100% 100%000000 361.227700000 2031 12 31 CapacityOnly1 gas_cc n/a gas_cc 2031 2031 100% 100%0000000 446.20750000 2032 12 31 CapacityOnly1 gas_cc n/a gas_cc 2032 2032 100% 100%00000000 473.0909000 2033 12 31 CapacityOnly1 gas cc n/a gas cc 2033 2033 100% 100%000000000 468.688700 2034 12 31 CapacityOnly1 gas_cc n/a gas_cc 2034 2034 100% 100%0000000000 484.61440 2035 12 31 CapacityOnly1 gas_cc n/a gas_cc 2035 2035 100% 100%00000000000 498.0705 2032 12 31 CapacityOnly1 demand_re n/a demand_re 2023 2032 100% 100% 11.58606 11.96252 12.33898 11.6229 10.90682 11.92616 12.9455 10.7884 8.6313000 2026 12 31 EnergyCapacity1 gas_cc n/a gas_cc 2024 2026 100% 100% 37.38013 37.81115 38.24217000000000 2025 12 31 EnergyCapacity1 gas cc n/a gas cc 2024 2025 100% 100% 33.11748 33.499350000000000 2024 12 31 EnergyCapacity1 gas_cc n/a gas_cc 2024 2024 100% 100% 51.6763800000000000 2024 12 31 EnergyCapacity1 cogen n/a cogen 2024 2024 100% 100% 3.40233100000000000 2025 12 31 EnergyCapacity1 cogen n/a cogen 2024 2025 100% 100% 2.895601 2.8897290000000000 2026 12 31 EnergyCapacity1 cogen n/a cogen 2024 2026 100% 100% 1.266825 1.264257 1.261688000000000 2035 12 31 CapacityOnly1 4hr batter n/a 4hr batter 2024 2035 100% 100% 19.90554 20.13863 20.37172 19.69577 19.01982 19.88223 20.74465 18.46507 16.18549 13.90591 11.62633 9.346748 2035 12 31 CapacityOnly1 4hr_batter n/a 4hr_batter 2025 2035 100% 100%0 5.034657 5.092929 4.923942 4.754954 4.970559 5.186163 4.616268 4.046373 3.476478 2.906582 2.336687 2035 12 31 EnergyCapacity1 4hr_batter n/a 4hr_batter 2024 2035 100% 100% 0.066352 0.067129 0.067906 0.065653 0.063399 0.066274 0.069149 0.06155 0.053952 0.046353 0.038754 0.031156 25 MMT RSP Page 9 AI#08_Att.: MCE 2022 CPUC Compliance Integrated Resource Plan 25 MMT RSP Page 10 AI#08_Att.: MCE 2022 CPUC Compliance Integrated Resource Plan 25 MMT RSP Page 11 AI#08_Att.: MCE 2022 CPUC Compliance Integrated Resource Plan 25 MMT RSP Page 12 AI#08_Att.: MCE 2022 CPUC Compliance Integrated Resource Plan 25 MMT RSP Page 13 AI#08_Att.: MCE 2022 CPUC Compliance Integrated Resource Plan CSPReportSheet
Resource 2024 2026 2030 2035 Units Type
Large Hydro 845 525 525 525 GWh GHG-Free
Imported Hydro 1,150 766 69 120 GWh GHG-Free
Asset Controlling Supplier - - - - GWh GHG-Free (Partial) Nuclear - - - - GWh GHG-Free
Biogas 80 80 80 30 GWh RPS Eligible
Biomass 65 38 4 16 GWh RPS Eligible
Geothermal 332 454 1,753 1,785 GWh RPS Eligible
Small Hydro 291 106 37 69 GWh RPS Eligible
Wind Resources
Wind Existing California 606 783 438 461 GWh RPS Eligible Wind New PG&E 291 290 290 290 GWh RPS Eligible
Wind New SCE SDG&E - 263 263 263 GWh RPS Eligible
Wind Pacific Northwest - - - - GWh RPS Eligible
Wind Wyoming - - - - GWh RPS Eligible
Wind New Mexico - - 250 250 GWh RPS Eligible
Wind Offshore Morro Bay - - - 400 GWh RPS Eligible
Wind Offshore Humboldt - - - - GWh RPS Eligible
Solar Resources
Solar Existing California 1,815 1,649 1,451 1,137 GWh RPS Eligible Solar New PG&E - - - - GWh RPS Eligible
Solar New SCE SDG&E - - - - GWh RPS Eligible
Solar Distributed 32 32 32 31 GWh RPS Eligible
Hybrid
Hybrid or Paired Solar and Battery 328 626 614 596 GWh RPS Eligible Storage & DR
Shed DR 15 15 15 - MW GHG-Free
Pumped Storage - - - - MW n/a
Battery Storage 649 857 2,057 2,117 MWh Energy Capacity n/a User-Specified Profies
Storage Resource Custom Profile - - - - MW n/a
RPS Resource Custom Profile - - - - GWh RPS Eligible
GHG-free non-RPS Resource - - - - GWh GHG-Free
Coal
Coal - - - - GWh n/a
25 MMT RSP Page 14 AI#08_Att.: MCE 2022 CPUC Compliance Integrated Resource Plan October 20, 2022
TO: MCE Board of Directors
FROM: David Potovsky, Principal Power Procurement Manager RE: Approval of Power Purchase Agreement with Mayacma
Geothermal, LLC (Agenda Item #09)
ATTACHMENTS: A. Draft Power Purchase Agreement with Mayacma Geothermal LLC
B. Mayacma Geothermal LLC Proposal Presentation
Dear Board Members:
Background:
MCE’s Open Season procurement process had three primary goals:
1. To meet Integrated Resource Planning (IRP) targets for renewable energy and energy storage
2. Adding Resource Adequacy (RA) supply to the portfolio
3. Adding resources that would fulfill the Mid Term Reliability (MTR) obligations as outlined in the CA Public Utilities Commission (CPUC) decision D.21-06-035.
As a result of the solicitation, staff received an offer from Mayacma Geothermal LLC (Mayacma) for the bundled renewable energy and RA from a new geothermal energy plant. The proposed facility would satisfy a portion of the aforementioned MTR obligation. Staff is currently negotiating the terms of one additional contract, which will be presented to MCE’s Technical Committee in November.
Summary:
The Mayacma project is being developed by Open Mountain Energy (OME), and is sited in Lake County, CA. The project is at a mature stage in the development process with a clear path to an interconnection agreement, full site control and a well- defined plan to acquire all relevant permits.
Staff negotiated the attached draft Power Purchase Agreement (PPA) for the purchase of bundled renewable energy and RA capacity from the project. The installation will have a contractually guaranteed nameplate capacity of 7 megawatts (MW). In addition to the incremental impact to the MTR compliance obligation, the contract will make a valuable contribution to MCE’s energy and RA portfolio. The negotiated price is competitive within the current market, and the project is well positioned for success.
Rationale:
The project is a good fit for MCE’s resource portfolio based on the following considerations:
• Energy and RA capacity produced by the facility would complement MCE’s existing portfolio of resources
• The project type, size, specifications and commercial operation date fit the requirements detailed in the CPUC MTR mandated procurement order • The project is being developed and will be operated by an experienced team, which is currently supplying bundled energy and RA to other Load Serving Entities like Southern California Public Power Authority (SCPPA) and The City of Glendale. OME has also recently executed PPA’s for new projects with California Community Power and Lassen Municipal Utility District (LMUD). • All major pre-construction milestones are complete. OME is awaiting clearance from CAISO to finalize the interconnection process
Additional Information:
Open Mountain Energy (OME)
• Headquartered in Lehi, Utah with 24 full-time employees • Founded in 2016, OME develops, owns, and operates utility-scale geothermal power generation projects in North America.
• OME currently has two operating geothermal projects in California and Nevada, and has a pipeline of approximately 100 MW of projects in various stages of development.
• OME’s parent company Kaishan Energy Group (Kaishan) manufacturers the compressors that are utilized in OME’s geothermal power plants. They have invested over $1.2 billion dollars globally into geothermal projects in the US, Indonesia, Turkey, Kenya and Hungary. Kaishan is the world's leading manufacturer of geothermal energy generation equipment and the largest geothermal power operator in the world.
Contract Overview
• Project: 7 MW geothermal generation facility
• Contracted resources: Bundled renewable energy and RA • Price: Fixed with no escalation for the full delivery term • Project location: Unincorporated Lake County, California • Guaranteed commercial operation date: June 1, 2024
• Contract term: 21 contract years (Accounts for start date of 6/1/2024 and end date of 5/31/2044)
• Credit: No credit or collateral obligations for MCE
• Contractual milestone damages: MCE would receive financial compensation in the event of seller’s failure to successfully achieve certain development milestones
• Union labor requirement: Contractors are required to enter into union project labor agreements (PLA) for all on-site construction
• Community Benefit Package: Seller pledges to contribute Twenty-One Thousand Dollars ($21,000) to community benefit initiatives that directly benefit stakeholders in MCE’s service area and/or communities adjacent to the project location. MCE and seller will identify initiatives that are of mutual interest such as workforce training, environmental stewardship/habitat improvement, education and renewable energy projects.
Fiscal Impacts:
There would be no impact on the Fiscal Year 2022/23 budget. Incremental costs would be accounted for starting in FY 2024/25.
Recommendation:
Authorize execution of the Power Purchase Agreement with Mayacma Geothermal LLC for supply of bundled renewable energy and RA.
Execution Version
1 115678033.2 0065872-00007
RENEWABLE POWER PURCHASE AGREEMENT
COVER SHEET
Seller: Mayacma Geothermal LLC (“Seller”)
Buyer: Marin Clean Energy, a California joint powers authority (“Buyer”) Description of Facility: A geothermal electricity generating facility located in Lake County, California with a generating capacity of 7 MWAC, as further described in Exhibit A.
Milestones:
Milestone Date for
Completion
Evidence of Site Control Effective Date
CEC Pre-Certification Obtained 03/31/2023
Documentation of Conditional Use Permit if required:
[ ] CEQA, [ ] Cat Ex, [ ] Neg Dec, [ ] Mitigated Neg Dec, [ ] EIR 06/30/2023 Seller’s receipt of Phase I and Phase II Interconnection study results for Seller’s Interconnection Facilities 03/31/2023 Executed Interconnection Agreement 04/30/2023
Expected Construction Start Date 9/30/2023
Expected Date for Full Capacity Deliverability Status 06/01/2023 Initial Synchronization 03/31/2024
Network Upgrades completed 03/31/2024
Expected Commercial Operation Date 6/1/2024
Delivery Term: Twenty-one (21) Contract Years.
Expected Energy:
Contract Years Expected Energy
1-21
Guaranteed Capacity: 7 MWAC
AI#09_Att. A: Draft Power Purchase Agreement with Mayacma Geothermal, LLC 2 115678033.2 0065872-00007
Contract Price: The Contract Price of the Product shall be:
Contract Year Contract Price
1 - 21
Product:
x Facility Energy
x Green Attributes (Portfolio Content Category 1) associated with Facility Energy x Capacity Attributes
x Ancillary Services
Scheduling Coordinator: Buyer /Buyer Third Party
Development Security and Performance Security:
Development Security:
Performance Security:
AI#09_Att. A: Draft Power Purchase Agreement with Mayacma Geothermal, LLC
TABLE OF CONTENTS
Page
i
115678033.2 0065872-00007
ARTICLE 1 DEFINITIONS.......................................................................................................................... 1
1.1 CONTRACT DEFINITIONS. ............................................................................................................. 1
1.2 RULES OF INTERPRETATION. ......................................................................................................19 ARTICLE 2 TERM; CONDITIONS PRECEDENT...................................................................................20
2.1 CONTRACT TERM. ......................................................................................................................20
2.2 CONDITIONS PRECEDENT ...........................................................................................................21
2.3 DEVELOPMENT; CONSTRUCTION; PROGRESS REPORTS.............................................................22
2.4 REMEDIAL ACTION PLAN...........................................................................................................22
2.5 FUTURE PHASES; ADDITIONAL PROJECTS..................................................................................23 ARTICLE 3 PURCHASE AND SALE.......................................................................................................23
3.1 PURCHASE AND SALE OF PRODUCT. ...........................................................................................23
3.2 SALE OF GREEN ATTRIBUTES. ....................................................................................................24
3.3 IMBALANCE ENERGY. .................................................................................................................24
3.4 OWNERSHIP OF RENEWABLE ENERGY INCENTIVES. ..................................................................24
3.5 FUTURE ENVIRONMENTAL ATTRIBUTES. ...................................................................................24
3.6 TEST ENERGY. ............................................................................................................................25
3.7 CAPACITY ATTRIBUTES. .............................................................................................................25
3.8 RESOURCE ADEQUACY FAILURE................................................................................................25
3.9 CEC CERTIFICATION AND VERIFICATION. .................................................................................26
3.10 CPUC MID-TERM RELIABILITY REQUIREMENTS. .....................................................................26
3.11 NON-MODIFIABLE STANDARD TERMS AND CONDITIONS. .........................................................27
3.12 COMPLIANCE EXPENDITURE CAP. ..............................................................................................28 ARTICLE 4 OBLIGATIONS AND DELIVERIES....................................................................................29
4.1 DELIVERY. ..................................................................................................................................29
4.2 TITLE AND RISK OF LOSS. ..........................................................................................................30
4.3 FORECASTING.............................................................................................................................30
4.4 DISPATCH DOWN/CURTAILMENT. ..............................................................................................32
4.5 STATION USE. .............................................................................................................................33
4.6 REDUCTION IN DELIVERY OBLIGATION. ....................................................................................33
4.7 GUARANTEED ENERGY PRODUCTION. .......................................................................................34
4.8 WREGIS.....................................................................................................................................34
4.9 GREEN-E CERTIFICATION. ..........................................................................................................35
4.10 INTERCONNECTION CAPACITY ...................................................................................................35
4.11 ANCILLARY SERVICES................................................................................................................36 ARTICLE 5 TAXES....................................................................................................................................36
5.1 ALLOCATION OF TAXES AND CHARGES. ....................................................................................36
5.2 COOPERATION. ...........................................................................................................................37 ARTICLE 6 MAINTENANCE OF THE FACILITY.................................................................................37
6.1 MAINTENANCE OF THE FACILITY. ..............................................................................................37
6.2 MAINTENANCE OF HEALTH AND SAFETY. .................................................................................37
6.3 SHARED FACILITIES. ...................................................................................................................37 AI#09_Att. A: Draft Power Purchase Agreement with Mayacma Geothermal, LLC ii
115678033.2 0065872-00007
ARTICLE 7 METERING............................................................................................................................37
7.1 METERING. ................................................................................................................................. 37
7.2 METER VERIFICATION. ...............................................................................................................38 ARTICLE 8 INVOICING AND PAYMENT; CREDIT.............................................................................38
8.1 INVOICING. ................................................................................................................................. 38
8.2 PAYMENT. ...................................................................................................................................38
8.3 BOOKS AND RECORDS. ...............................................................................................................39
8.4 PAYMENT ADJUSTMENTS; BILLING ERRORS. .............................................................................39
8.5 BILLING DISPUTES. .....................................................................................................................39
8.6 NETTING OF PAYMENTS. ............................................................................................................40
8.7 SELLER’S DEVELOPMENT SECURITY. .........................................................................................40
8.8 SELLER’S PERFORMANCE SECURITY. .........................................................................................40
8.9 FIRST PRIORITY SECURITY INTEREST IN CASH OR CASH EQUIVALENT COLLATERAL. .............41
8.10 FINANCIAL STATEMENTS. ..........................................................................................................41 ARTICLE 9 NOTICES................................................................................................................................41
9.1 ADDRESSES FOR THE DELIVERY OF NOTICES ............................................................................41
9.2 ACCEPTABLE MEANS OF DELIVERING NOTICE. .........................................................................41 ARTICLE 10 FORCE MAJEURE..............................................................................................................42
10.1 DEFINITION. ................................................................................................................................42
10.2 NO LIABILITY IF A FORCE MAJEURE EVENT OCCURS ...............................................................43
10.3 NOTICE. ......................................................................................................................................43
10.4 TERMINATION FOLLOWING FORCE MAJEURE EVENT................................................................43 ARTICLE 11 DEFAULTS; REMEDIES; TERMINATION......................................................................43
11.1 EVENTS OF DEFAULT..................................................................................................................43
11.2 REMEDIES; DECLARATION OF EARLY TERMINATION DATE. .....................................................46
11.3 DAMAGE PAYMENT; TERMINATION PAYMENT. .........................................................................47
11.4 NOTICE OF PAYMENT OF TERMINATION PAYMENT. ..................................................................48
11.5 DISPUTES WITH RESPECT TO TERMINATION PAYMENT. ............................................................48
11.6 RIGHTS AND REMEDIES ARE CUMULATIVE...............................................................................48 ARTICLE 12 LIMITATION OF LIABILITY AND EXCLUSION OF WARRANTIES. ........................48
12.1 NO CONSEQUENTIAL DAMAGES. ................................................................................................48
12.2 WAIVER AND EXCLUSION OF OTHER DAMAGES. .......................................................................49 ARTICLE 13 REPRESENTATIONS AND WARRANTIES; AUTHORITY...........................................50
13.1 SELLER’S REPRESENTATIONS AND WARRANTIES. .....................................................................50
13.2 BUYER’S REPRESENTATIONS AND WARRANTIES.......................................................................51
13.3 GENERAL COVENANTS...............................................................................................................52
13.4 WORKFORCE REQUIREMENTS. ...................................................................................................52
13.5 DIVERSITY REPORTING. .............................................................................................................53 ARTICLE 14 ASSIGNMENT.....................................................................................................................53
14.1 GENERAL PROHIBITION ON ASSIGNMENTS ................................................................................53
14.2 COLLATERAL ASSIGNMENT........................................................................................................53
14.3 BUYER LIMITED ASSIGNMENT. ..................................................................................................56 AI#09_Att. A: Draft Power Purchase Agreement with Mayacma Geothermal, LLC iii
115678033.2 0065872-00007
ARTICLE 15 DISPUTE RESOLUTION....................................................................................................56
15.1 VENUE. .......................................................................................................................................56
15.2 DISPUTE RESOLUTION. ...............................................................................................................56 ARTICLE 16 INDEMNIFICATION ..........................................................................................................57
16.1 INDEMNITY. ................................................................................................................................57
16.2 NOTICE OF CLAIM. ......................................................................................................................57
16.3 FAILURE TO PROVIDE NOTICE. ...................................................................................................57
16.4 DEFENSE OF CLAIMS. .................................................................................................................57
16.5 SUBROGATION OF RIGHTS. .........................................................................................................58
16.6 RIGHTS AND REMEDIES ARE CUMULATIVE. ...............................................................................58 ARTICLE 17 INSURANCE........................................................................................................................58
17.1 INSURANCE. ................................................................................................................................58 ARTICLE 18 CONFIDENTIAL INFORMATION ....................................................................................60
18.1 DEFINITION OF CONFIDENTIAL INFORMATION. ..........................................................................60
18.2 DUTY TO MAINTAIN CONFIDENTIALITY. ...................................................................................60
18.3 IRREPARABLE INJURY; REMEDIES. .............................................................................................60
18.4 DISCLOSURE TO LENDERS, ETC..................................................................................................61
18.5 PRESS RELEASES. .......................................................................................................................61 ARTICLE 19 MISCELLANEOUS .............................................................................................................61
19.1 ENTIRE AGREEMENT; INTEGRATION; EXHIBITS. ........................................................................61
19.2 AMENDMENTS. ...........................................................................................................................61
19.3 NO WAIVER. ...............................................................................................................................61
19.4 NO AGENCY, PARTNERSHIP, JOINT VENTURE OR LEASE. ..........................................................61
19.5 SEVERABILITY. ...........................................................................................................................62
19.6 MOBILE-SIERRA. ........................................................................................................................62
19.7 COUNTERPARTS; ELECTRONIC SIGNATURES. ............................................................................62
19.8 BINDING EFFECT. .......................................................................................................................62
19.9 NO RECOURSE TO MEMBERS OF BUYER. ...................................................................................62
19.10 FORWARD CONTRACT. ...............................................................................................................62
19.11 FURTHER ASSURANCES..............................................................................................................63 AI#09_Att. A: Draft Power Purchase Agreement with Mayacma Geothermal, LLC iv
115678033.2 0065872-00007
Exhibits:
Exhibit A Facility Description
Exhibit B Facility Construction and Commercial Operation Exhibit C Compensation
Exhibit D Scheduling Coordinator Responsibilities
Exhibit E Progress Reporting Form
Exhibit F-1 Form of Average Expected Energy Report
Exhibit F-2 Form of Monthly Available Capacity Forecast Exhibit G Guaranteed Energy Production Damages Calculation Exhibit H Form of Commercial Operation Date Certificate Exhibit I Form of Installed Capacity Certificate
Exhibit J Form of Construction Start Date Certificate
Exhibit K Form of Letter of Credit
Exhibit L Form of Guaranty
Exhibit M Form of Replacement RA Notice
Exhibit N Notices
Exhibit O Operating Restrictions
Exhibit P Metering Diagram
Exhibit Q Community Benefit
Exhibit R Diversity Reporting
Exhibit S Form of Limited Assignment Agreement
AI#09_Att. A: Draft Power Purchase Agreement with Mayacma Geothermal, LLC 1 115678033.2 0065872-00007
RENEWABLE POWER PURCHASE AGREEMENT
This Renewable Power Purchase Agreement (“Agreement”) is entered into as of __________, 2022 (the “Effective Date”), between Buyer and Seller. Buyer and Seller are sometimes referred to herein individually as a “Party” and jointly as the “Parties.” All capitalized terms used in this Agreement are used with the meanings ascribed to them in Article 1 to this Agreement.
RECITALS
WHEREAS, Seller intends to develop, design, permit, construct, own, control and operate the Facility; and
WHEREAS, Seller desires to sell, and Buyer desires to purchase, on the terms and conditions set forth in this Agreement, the Product;
NOW THEREFORE, in consideration of the mutual covenants and agreements herein contained, and for other good and valuable consideration, the sufficiency and adequacy of which are hereby acknowledged, the Parties agree to the following:
ARTICLE 1
DEFINITIONS
1.1 Contract Definitions. The following terms, when used herein with initial capitalization, shall have the meanings set forth below:
“AC” means alternating current.
“Accepted Compliance Costs” has the meaning set forth in Section 3.12. “Adjusted Energy Production” has the meaning set forth in Exhibit G. “Affiliate” means, with respect to any Person, each Person that directly or indirectly controls, is controlled by, or is under common control with such designated Person. For purposes of this definition and the definition of “Permitted Transferee”, “control” (including, with correlative meanings, the terms, “controlled by”, and “under common control with”), as used with respect to any Person, shall mean (a) the direct or indirect right to cast at least fifty percent (50%) of the votes exercisable at an annual general meeting (or its equivalent) of such Person or, if there are no such rights, ownership of at least fifty percent (50%) of the equity or other ownership interest in such Person, or (b) the right to direct the policies or operations of such Person. “Agreement” has the meaning set forth in the Preamble and includes any Exhibits, schedules and any written supplements hereto.
“Ancillary Services” means all ancillary services, products and other attributes, if any, associated with the Installed Capacity of the Facility.
AI#09_Att. A: Draft Power Purchase Agreement with Mayacma Geothermal, LLC 2 115678033.2 0065872-00007
“Available Generating Capacity” means the capacity of the Facility, expressed in whole MWs, that is mechanically available to generate Energy. “Bankrupt” means with respect to any entity, such entity that (a) files a petition or otherwise commences, authorizes or acquiesces in the commencement of a proceeding or cause of action under any bankruptcy, insolvency, reorganization or similar Law, (b) has any such petition filed or commenced against it which remains unstayed or undismissed for a period of ninety (90) days, (c) makes an assignment or any general arrangement for the benefit of creditors, (d) otherwise becomes bankrupt or insolvent (however evidenced), (e) has a liquidator, administrator, receiver, trustee, conservator or similar official appointed with respect to it or any substantial portion of its property or assets, or (f) is generally unable to pay its debts as they fall due. “Bridge Capacity” has the meaning set forth in Exhibit B. “Business Day” means any day except a Saturday, Sunday, or a Federal Reserve Bank holiday in California. A Business Day begins at 8:00 a.m. and ends at 5:00 p.m. Pacific Prevailing Time (PPT) for the Party sending a Notice, or payment, or performing a specified action. “Buyer” means Marin Clean Energy, a California joint powers authority, a California joint powers authority.
“Buyer Bid Curtailment” means any curtailment of the Facility arising out of or resulting from the manner in which Buyer bids, offers or schedules the Facility, the Energy or any Products, or in which Buyer fails to do so, including a situation where all of the following occurs:
(a) the CAISO provides notice, including through ADS, to a Party or the Scheduling Coordinator for the Facility, requiring the Party to deliver less Facility Energy from the Facility than the full amount of energy forecasted to be produced from the Facility for a period of time; and
(b) for the same time period as referenced in (a), the notice referenced in (a) results from the manner in which Buyer or the SC schedules or bids the Facility, Facility Energy or Ancillary Services, including where the Buyer or the SC for the Facility:
(i) did not submit a Self-Schedule or an Energy Supply Bid for the MW subject to the reduction; or
(ii) submitted an Energy Supply Bid and the CAISO notice referenced in (a) is solely a result of CAISO implementing the Energy Supply Bid; or (iii) submitted a Self-Schedule for less than the full amount of Facility Energy forecasted to be generated or discharged by or delivered from the Facility.
If the Facility is subject to a Planned Outage, Forced Facility Outage, Force Majeure Event or a Curtailment Period during the same time period as referenced in (a), then the calculation of Deemed Delivered Energy during such period shall not include any Facility Energy that was not generated or stored due to such Planned Outage, Forced Facility Outage, Force Majeure Event or Curtailment Period.
AI#09_Att. A: Draft Power Purchase Agreement with Mayacma Geothermal, LLC 3 115678033.2 0065872-00007
“Buyer Curtailment Order” means (i) the instruction from Buyer to Seller to reduce Facility Energy from the Facility by the amount, and for the period of time set forth in such instruction, for reasons unrelated to a Planned Outage, Forced Facility Outage, Force Majeure Event or Curtailment Order, (ii) a reduction of Facility Energy directed by CAISO during Settlement Intervals with a Negative LMP, or (iii) a reduction of Facility Energy due to Buyer’s participation in the Ancillary Services market.
“Buyer Curtailment Period” means the period of time, as measured using current Settlement Intervals, during which Seller reduces generation of Facility Energy from the Facility pursuant to or as a result of (a) Buyer Bid Curtailment, (b) a Buyer Curtailment Order, or (c) Buyer’s Default; provided, that the duration of any Buyer Curtailment Period shall be inclusive of the time required for the Facility to ramp down and ramp up. “Buyer Default” means an Event of Default of Buyer.
“Buyer’s WREGIS Account” has the meaning set forth in Section 4.8(a). “CAISO” means the California Independent System Operator Corporation, or any successor entity performing similar functions.
“CAISO Approved Meter” means a CAISO approved revenue quality meter or meters, CAISO approved data processing gateway or remote intelligence gateway, telemetering equipment and data acquisition services sufficient for monitoring, recording and reporting, in real time, all Facility Energy delivered to the Delivery Point.
“CAISO Grid” has the same meaning as “CAISO Controlled Grid” as defined in the CAISO Tariff.
“CAISO Operating Order” means the “operating order” defined in Section 37.2.1.1 of the CAISO Tariff.
“CAISO Tariff” means the California Independent System Operator Corporation Agreement and Tariff, Business Practice Manuals (BPMs), and Operating Procedures, including the rules, protocols, procedures and standards attached thereto, as the same may be amended or modified from time-to-time and approved by FERC.
“California Renewables Portfolio Standard” or “RPS” means the renewables portfolio standard program and policies established by California State Senate Bills 1038 (2002), 1078 (2002), 107 (2008), X-1 2 (2011), 350 (2015), and 100 (2018) as codified in, inter alia, California Public Utilities Code Sections 399.11 through 399.31 and California Public Resources Code Sections 25740 through 25751, as such provisions are amended or supplemented from time to time, and as administered by the CEC as set forth in the CEC RPS Eligibility Guidebook (9th Ed.), as may be subsequently modified by the CEC, and the CPUC as set forth in CPUC Decision (“D”) 08-08-028, D.08-04-009, D.10-03-021, D.11-01-025, D.11-12-020, D.11-12-052, D.12-06-038, D.13-11-042, D.14-12-023, D.17-06-026, and D.19-02-007, and as may be modified by subsequent decision of the CPUC or by subsequent legislation, and regulations promulgated with respect thereto.
AI#09_Att. A: Draft Power Purchase Agreement with Mayacma Geothermal, LLC 4 115678033.2 0065872-00007
“Capacity Attribute” means any current or future defined characteristic, certificate, tag, credit, or accounting construct associated with the amount of power that the Facility can generate and deliver to the Delivery Point at a particular moment and that can be purchased and sold under CAISO market rules, including Resource Adequacy Benefits. Capacity Attributes are measured in MW and shall exclude Energy, Green Attributes, and any Renewable Energy Incentives now or in the future associated with the construction, ownership or operation of the Facility. “Capacity Damages” has the meaning set forth in Exhibit B. “CEC” means the California Energy Commission, or any successor agency performing similar statutory functions.
“CEC Certification and Verification” means that the CEC has certified (or, with respect to periods before the date that is one hundred eighty (180) days following the Commercial Operation Date, that the CEC has pre-certified, as such date may be extended pursuant to Section 3.9) that the Facility is an Eligible Renewable Energy Resource for purposes of the California Renewables Portfolio Standard and that all Facility Energy delivered to the Delivery Point qualifies as generation from an Eligible Renewable Energy Resource. “CEC Precertification” means that the CEC has issued a precertification for the Facility indicating that the planned operations of the Facility would comply with applicable CEC requirements for CEC Certification and Verification.
“CEQA” means the California Environmental Quality Act.
“Change of Control” means, except in connection with public market transactions of equity interests or capital stock of Seller’s Ultimate Parent, any circumstance in which Ultimate Parent ceases to own, directly or indirectly through one or more intermediate entities, at least fifty percent (50%) of the outstanding equity interests in Seller; provided that in calculating ownership percentages for all purposes of the foregoing:
(a) any ownership interest in Seller held by Ultimate Parent indirectly through one or more intermediate entities shall not be counted towards Ultimate Parent’s ownership interest in Seller unless Ultimate Parent directly or indirectly owns at least fifty percent (50%) of the outstanding equity interests in each such intermediate entity or entities; and (b) ownership interests in Seller owned directly or indirectly by any Lender (including any cash equity and tax equity investor directly or indirectly providing financing or refinancing for the Facility or purchasing equity ownership interests of Seller or its Affiliates, and any trustee or agent or similar representative acting on their behalf) or assignee or transferee thereof shall be excluded from the total outstanding equity interests in Seller. “Claim” has the meaning set forth in Section 16.2.
“COD Certificate” has the meaning set forth in Exhibit B. “Commercial Operation” has the meaning set forth in Exhibit B.
AI#09_Att. A: Draft Power Purchase Agreement with Mayacma Geothermal, LLC 5 115678033.2 0065872-00007
“Commercial Operation Date” has the meaning set forth in Exhibit B. “Commercial Operation Delay Damages” means an amount equal to
“Compliance Actions” has the meaning set forth in Section 3.12. “Compliance Costs” has the meaning set forth in Section 3.12. “Compliance Expenditure Cap” has the meaning set forth in Section 3.12. “Confidential Information” has the meaning set forth in Section 18.1. “Construction Delay Damages” means an amount equal to
“Construction Start” has the meaning set forth in Exhibit B. “Construction Start Date” has the meaning set forth in Exhibit B. “Contract Price” has the meaning set forth on the Cover Sheet. “Contract Term” has the meaning set forth in Section 2.1(a). “Contract Year” means a period of twelve (12) consecutive months beginning on January 1st and continuing through December 31st of each calendar year, except that the first Contract Year shall commence on the Commercial Operation Date and end on December 31st of the first full calendar year thereafter and the last Contract Year shall end at midnight at the end of the day prior to the anniversary of the Commercial Operation Date. “Costs” means, with respect to the Non-Defaulting Party, brokerage fees, commissions and other similar third-party transaction costs and expenses reasonably incurred by such Party either in terminating any arrangement pursuant to which it has hedged its obligations or entering into new arrangements which replace the Agreement; and all reasonable attorneys’ fees and expenses incurred by the Non-Defaulting Party in connection with terminating the Agreement. “Cover Sheet” means the cover sheet to this Agreement, which is incorporated into this Agreement.
“CPUC” means the California Public Utilities Commission or any successor agency performing similar statutory functions.
“CPUC Filing Guide for System, Local and Flexible Resource Adequacy (RA) Compliance Filings” or “CPUC Filing Guide” means the document issued annually by the CPUC that sets forth the guidelines, requirements and instructions for load serving entities to demonstrate compliance with the CPUC’s resource adequacy program as set forth in the Resource Adequacy Rulings.
AI#09_Att. A: Draft Power Purchase Agreement with Mayacma Geothermal, LLC 6 115678033.2 0065872-00007
“Credit Rating” means, with respect to any entity, the rating then assigned to such entity’s unsecured, senior long-term debt obligations (not supported by third party credit enhancements) or if such entity does not have a rating for its senior unsecured long-term debt, then the rating then assigned to such entity as an issuer rating by S&P or Moody’s. “Curtailment Cap” is the yearly quantity per Contract Year, in MWh, equal to “Curtailment Order” means any of the following:
(a) CAISO orders, directs, alerts, or provides notice to a Party, including a CAISO Operating Order, that such Party is required to curtail deliveries of Facility Energy for the following reasons: (i) any System Emergency, or (ii) any warning of an anticipated System Emergency, or warning of an imminent condition or situation, which jeopardizes CAISO’s electric system integrity or the integrity of other systems to which CAISO is connected; (b) a curtailment ordered by the Participating Transmission Owner for reasons including, but not limited to, (i) any situation that affects normal function of the electric system including, but not limited to, any abnormal condition that requires action to prevent circumstances such as equipment damage, loss of load, or abnormal voltage conditions, or (ii) any warning, forecast or anticipation of conditions or situations that jeopardize the Participating Transmission Owner’s electric system integrity or the integrity of other systems to which the Participating Transmission Owner is connected;
(c) a curtailment ordered by CAISO or the Participating Transmission Owner due to scheduled or unscheduled maintenance on the Participating Transmission Owner’s transmission facilities that prevents (i) Buyer from receiving or (ii) Seller from delivering Facility Energy to the Delivery Point; or
(d) a curtailment in accordance with Seller’s obligations under its Interconnection Agreement with the Participating Transmission Owner or distribution operator. “Curtailment Period” means the period of time, as measured using current Settlement Intervals, during which Seller reduces generation from the Facility pursuant to a Curtailment Order; provided that the Curtailment Period shall be inclusive of the time required for the Facility to ramp down and ramp up.
“Damage Payment” means
“Day-Ahead Forecast” has the meaning set forth in Section 4.3(c). “Day-Ahead Market” has the meaning set forth in the CAISO Tariff. “Day-Ahead Schedule” has the meaning set forth in the CAISO Tariff. “Dedicated Interconnection Capacity” has the meaning set forth in Section 4.10.
AI#09_Att. A: Draft Power Purchase Agreement with Mayacma Geothermal, LLC 7 115678033.2 0065872-00007
“Deemed Delivered Energy” means the amount of Energy, expressed in MWh, that the Facility would have produced and delivered to the Delivery Point, but that is not delivered to the Delivery Point by the Facility during a Buyer Curtailment Period, which amount shall be calculated as the difference between (a) the product of (i) the arithmetic average of the Facility’s metered output rate, in MW, not to exceed the Installed Capacity, immediately before and after such Buyer Curtailment Period, as applicable, by (ii) the duration of such Buyer Curtailment Period, as applicable, less (b) the amount of Facility Energy delivered to the Delivery Point during the Buyer Curtailment Period, if any; provided, if the applicable difference is negative, the Deemed Delivered Energy shall be zero (0).
“Deemed Delivered RA” means the amount of Net Qualifying Capacity expressed in MW that the Facility would have delivered to the Delivery Point, but for a Force Majeure Event as provided in Section 4.6.
“Defaulting Party” has the meaning set forth in Section 11.1(a). “Deficient Month” has the meaning set forth in Section 4.8(d). “Delay Damages” means Construction Delay Damages and Commercial Operation Delay Damages.
“Delivery Point” has the meaning set forth in Exhibit A. “Delivery Term” shall mean the period of Contract Years set forth on the Cover Sheet beginning on the Commercial Operation Date, unless terminated earlier in accordance with the terms and conditions of this Agreement.
“Development Cure Period” has the meaning set forth in Exhibit B. “Development Security” means (i) cash or (ii) a Letter of Credit in the amount set forth on the Cover Sheet.
“Disclosing Party” has the meaning set forth in Section 18.2. “Early Termination Date” has the meaning set forth in Section 11.2(a). “Effective Date” has the meaning set forth on the Preamble. “Electrical Losses” means all transmission or transformation losses or gains between the Facility and the Delivery Point, including losses or gains associated with delivery of Facility Energy to the Delivery Point.
“Eligible Renewable Energy Resource” has the meaning set forth in California Public Utilities Code Section 399.12(e) and California Public Resources Code Section 25741(a), as either code provision is amended or supplemented from time to time. “Energy” means electrical energy generated by the Facility.
AI#09_Att. A: Draft Power Purchase Agreement with Mayacma Geothermal, LLC 8 115678033.2 0065872-00007
“Event of Default” has the meaning set forth in Section 11.1. “Excess Energy” has the meaning set forth in Exhibit C. “Executed Interconnection Agreement Milestone” means the date for completion of execution of the Interconnection Agreement by Seller and the PTO as set forth on the Cover Sheet. “Expected Commercial Operation Date” is the date set forth on the Cover Sheet by which Seller reasonably expects to achieve Commercial Operation. “Expected Construction Start Date” is the date set forth on the Cover Sheet by which Seller reasonably expects to achieve Construction Start. “Expected Energy” means the quantity of Energy that Seller expects to be able to deliver from the Facility during each Contract Year in the quantity specified on the Cover Sheet. “Facility” means the geothermal generating facility described on the Cover Sheet and in Exhibit A, located at the Site and including mechanical equipment and associated facilities and equipment required to deliver Energy to the Delivery Point. “Facility Energy” means for each hour the as-available electric energy generated by the Facility, which is net of Electrical Losses and Station Use and delivered to the Delivery Point, as measured by the Facility Meter.
“Facility Meter” means the CAISO Approved Meter that will measure all electric energy generated by the Facility, including Facility Energy. Without limiting Seller’s obligation to deliver Facility Energy to the Delivery Point, the Facility Meter may be located at the low voltage or the high voltage side of the main step up transformer, and Facility Energy will be subject to adjustment in accordance with CAISO meter requirements and Prudent Operating Practices to account for Electrical Losses and Station Use.
“FERC” means the Federal Energy Regulatory Commission or any successor government agency.
“Firm Clean Resource” means a resource that meets the requirements of CPUC D.21-06- 035, Ordering Paragraph 2(b), of CPUC D.21-06-035 as such decision has been interpreted by the CPUC in public guidance documents or other public communications issued prior to the Effective Date, including that such resource (i) is able to deliver firm power with a capacity factor of at least eighty percent (80%), (ii) is not subject to use limitations or weather dependent, (iii) is a generating resource, not storage, (iv) has zero on-site emissions or otherwise qualifies under the California Renewables Portfolio Standard (RPS) program eligibility rules as a PCC-1 resource, (v) is incremental to the CPUC’s baseline list, and (vi) is a Resource Adequacy Resource that is eligible to provide RA Capacity as set forth in the Resource Adequacy Rulings. “Force Majeure Event” has the meaning set forth in Section 10.1.
AI#09_Att. A: Draft Power Purchase Agreement with Mayacma Geothermal, LLC 9 115678033.2 0065872-00007
“Forced Facility Outage” means an unexpected failure of one or more components of the Facility that prevents Seller from generating Energy or making Facility Energy available at the Delivery Point and that is not the result of a Force Majeure Event. “Forward Certificate Transfers” has the meaning set forth in Section 4.8(a). “Full Capacity Deliverability Status” has the meaning set forth in the CAISO Tariff. “Future Environmental Attributes” shall mean any and all emissions, air quality or other environmental attributes other than Green Attributes or Renewable Energy Incentives under the RPS regulations or under any and all other international, federal, regional, state or other law, rule, regulation, bylaw, treaty or other intergovernmental compact, decision, administrative decision, program (including any voluntary compliance or membership program), competitive market or business method (including all credits, certificates, benefits, and emission measurements, reductions, offsets and allowances related thereto) that are attributable, now, or in the future, to the generation of electrical energy by the Facility and its displacement of conventional energy generation. Future Environmental Attributes do not include (i) any energy, capacity, reliability or other power attributes from the Facility, or (ii) investment tax credits or production tax credits associated with the construction or operation of the Facility, or other financial incentives in the form of credits, reductions, or allowances associated with the Facility that are applicable to a state or federal income taxation obligation.
“Gains” means, with respect to any Party, an amount equal to the present value of the economic benefit to it, if any (exclusive of Costs), resulting from the termination of this Agreement for the remaining Contract Term, determined in a commercially reasonable manner. Factors used in determining the economic benefit to a Party may include, without limitation, reference to information supplied by one or more third parties, which shall exclude Affiliates of the Non-Defaulting Party, including without limitation, quotations (either firm or indicative) of relevant rates, prices, yields, yield curves, volatilities, spreads or other relevant market data in the relevant markets, comparable transactions, forward price curves based on economic analysis of the relevant markets, settlement prices for comparable transactions at liquid trading hubs (e.g., SP-15), all of which should be calculated for the remaining Contract Term, and include the value of Green Attributes and Capacity Attributes.
“Governmental Authority” means any federal, state, provincial, local or municipal government, any political subdivision thereof or any other governmental, congressional or parliamentary, regulatory, or judicial instrumentality, authority, body, agency, department, bureau, or entity with authority to bind a Party at law, including the CPUC and CAISO; provided, however, that “Governmental Authority” shall not in any event include any Party. “Green Attributes” means any and all credits, benefits, emissions reductions, offsets, and allowances, howsoever entitled, attributable to the generation from the Facility and its avoided emissions of pollutants. Green Attributes include but are not limited to Renewable Energy Credits, as well as: (1) any avoided emissions of pollutants to the air, soil or water such as sulfur oxides (SOx), nitrogen oxides (NOx), carbon monoxide (CO) and other pollutants; (2) any avoided emissions of carbon dioxide (CO2), methane (CH4), nitrous oxide, hydrofluorocarbons, perfluorocarbons, sulfur hexafluoride and other greenhouse gases (GHGs) that have been AI#09_Att. A: Draft Power Purchase Agreement with Mayacma Geothermal, LLC 10 115678033.2 0065872-00007
determined by the United Nations Intergovernmental Panel on Climate Change, or otherwise by law, to contribute to the actual or potential threat of altering the Earth’s climate by trapping heat in the atmosphere; (3) the reporting rights to these avoided emissions, such as Green Tag Reporting Rights. Green Tags are accumulated on a MWh basis and one Green Tag represents the Green Attributes associated with one (1) MWh of Energy. Green Attributes do not include (i) any energy, capacity, reliability or other power attributes from the Facility, (ii) production tax credits associated with the construction or operation of the Facility and other financial incentives in the form of credits, reductions, or allowances associated with the Facility that are applicable to a state or federal income taxation obligation, (iii) fuel-related subsidies or “tipping fees” that may be paid to Seller to accept certain fuels, or local subsidies received by the generator for the destruction of particular preexisting pollutants or the promotion of local environmental benefits, or (iv) emission reduction credits encumbered or used by the Facility for compliance with local, state, or federal operating or air quality permits. If the Facility is a biomass or landfill gas facility and Seller receives any tradable Green Attributes based on the greenhouse gas reduction benefits or other emission offsets attributed to its fuel usage, it shall provide Buyer with sufficient Green Attributes to ensure that there are zero net emissions associated with the production of electricity from the Facility.
“Green Tag Reporting Rights” means the right of a purchaser of renewable energy to report the ownership of accumulated “green tags” in compliance with and to the extent permitted by applicable Law to a federal or state agency or any other party at the green tag purchaser’s discretion, and include, without limitation, rights under Section 1605(b) of the Energy Policy Act of 1992, and any present or future federal, state or local law, regulation or bill, certification program or international or foreign emissions trading program, including pursuant to the WREGIS Operating Rules.
“Guaranteed Capacity” is set forth on the Cover Sheet, as the same may be adjusted pursuant to Section 4 of Exhibit B.
“Guaranteed Commercial Operation Date” means the Expected Commercial Operation Date, as such date may be extended by the Development Cure Period pursuant to Section 3 of Exhibit B.
“Guaranteed Construction Start Date” means the Expected Construction Start Date, as such date may be extended by the Development Cure Period pursuant to Section 3 of Exhibit B. “Guaranteed Energy Production” means of the total Expected Energy, measured in MWh, for the applicable Performance Measurement Period. “Guaranteed RA Amount” is equal to
“Guarantor” means, with respect to Seller, any Person that (a) Buyer does not already have any material credit exposure to under any other agreements, guarantees, or other arrangements at the time its Guaranty is issued, (b) is an Affiliate of Seller, or other third party reasonably acceptable to Buyer, (c) has a Credit Rating of BBB- or better from S&P or a Credit AI#09_Att. A: Draft Power Purchase Agreement with Mayacma Geothermal, LLC 11 115678033.2 0065872-00007
Rating of Baa3 or better from Moody’s or has a tangible net worth of at least One Hundred Million Dollars ($100,000,000), (d) is incorporated or organized in a jurisdiction of the United States and is in good standing in such jurisdiction, and (e) executes and delivers a Guaranty for the benefit of Buyer.
“Guaranty” means a guaranty from a Guarantor provided for the benefit of Buyer substantially in the form attached as Exhibit L.
“Imbalance Energy” means the amount of energy in MWh, in any given Settlement Period or Settlement Interval, by which the amount of Facility Energy deviates from the amount of Scheduled Energy.
“Indemnifiable Loss(es)” has the meaning set forth in Section 16.1(a). “Initial Synchronization” means the initial delivery of Facility Energy to the Delivery Point.
“Installed Capacity” means the actual generating capacity of the Facility, not to exceed the Guaranteed Capacity, as measured in MW(AC) at the Delivery Point, that achieves Commercial Operation, adjusted for ambient conditions on the date of the performance test, and as evidenced by a certificate substantially in the form attached as Exhibit I hereto. “Interconnection Agreement” means the interconnection agreement entered into by Seller pursuant to which the Facility will be interconnected with the Transmission System, and pursuant to which Seller’s Interconnection Facilities and any other Interconnection Facilities will be constructed, operated and maintained during the Contract Term. “Interconnection Facilities” means the interconnection facilities, control and protective devices and metering facilities required to connect the Facility with the Transmission System (or Participating Transmission Owner’s distribution system, as applicable) in accordance with the Interconnection Agreement.
“Interest Rate” has the meaning set forth in Section 8.2. “Inter-SC Trade” or “IST” has the meaning set forth in the CAISO Tariff. “ITC” means the investment tax credit established pursuant to Section 48 of the United States Internal Revenue Code of 1986.
“Joint Powers Act” means the Joint Exercise of Powers Act of the State of California (Government Code Section 6500 et seq.).
“Joint Powers Agreement” means that certain Joint Powers Agreement dated December 19, 2008, as amended from time to time, under which Buyer is organized as a Joint Powers Authority in accordance with the Joint Powers Act.
AI#09_Att. A: Draft Power Purchase Agreement with Mayacma Geothermal, LLC 12 115678033.2 0065872-00007
“Law” means any applicable law, statute, rule, regulation, decision, writ, order, decree or judgment, permit or any interpretation thereof, promulgated or issued by a Governmental Authority, and includes the CAISO Tariff.
“Lender” means, collectively, any Person (i) providing senior or subordinated construction, interim, back leverage or long-term debt, equity or tax equity financing or refinancing for or in connection with the development, construction, purchase, installation or operation of the Facility, whether that financing or refinancing takes the form of private debt (including back-leverage debt), equity (including tax equity), public debt or any other form (including financing or refinancing provided to a member or other direct or indirect owner of Seller), including any equity or tax equity investor directly or indirectly providing financing or refinancing for the Facility or purchasing equity ownership interests of Seller and/or its Affiliates, and any trustee or agent or similar representative acting on their behalf, (ii) providing interest rate or commodity protection under an agreement hedging or otherwise mitigating the cost of any of the foregoing obligations or (iii) participating in a lease financing (including a sale leaseback or leveraged leasing structure) with respect to the Facility. “Letter(s) of Credit” means one or more irrevocable, standby letters of credit issued by a U.S. commercial bank or a foreign bank with a U.S. branch with such bank (a) having a Credit Rating of at least A- with an outlook designation of “stable” from S&P or A3 with an outlook designation of “stable” from Moody’s or (b) being reasonably acceptable to Buyer, in a form substantially similar to the letter of credit set forth in Exhibit K. “Licensed Professional Engineer” means an independent, professional engineer (a) reasonably acceptable to Buyer, (b) who has been retained by, or for the benefit of, the Lenders, or (c) who (i) is licensed to practice engineering in the State of California, (ii) has training and experience in the power industry specific to the technology of the Facility, (iii) is licensed in an appropriate engineering discipline for the required certification being made, and (iv) unless otherwise approved by Buyer, is not a representative of a consultant, engineer, contractor, designer or other individual involved in the development of the Facility or of a manufacturer or supplier of any equipment installed at the Facility.
“Local Capacity Area” has the meaning set forth in the CAISO Tariff. “Local Capacity Area Resources” has the meaning set forth in the CAISO Tariff. “Locational Marginal Price” or “LMP” has the meaning set forth in the CAISO Tariff. “Losses” means, with respect to any Party, an amount equal to the present value of the economic loss to it, if any (exclusive of Costs), resulting from termination of this Agreement for the remaining Contract Term, determined in a commercially reasonable manner. Factors used in determining economic loss to a Party may include, without limitation, reference to information supplied by one or more third parties, which shall exclude Affiliates of the Non-Defaulting Party, including without limitation, quotations (either firm or indicative) of relevant rates, prices, yields, yield curves, volatilities, spreads or other relevant market data in the relevant markets, comparable transactions, forward price curves based on economic analysis of the relevant markets, settlement prices for comparable transactions at liquid trading hubs (e.g., SP-15), all of which should be AI#09_Att. A: Draft Power Purchase Agreement with Mayacma Geothermal, LLC 13 115678033.2 0065872-00007
calculated for the remaining Contract Term and must include the value of Green Attributes, Capacity Attributes, and, in the case of Seller as the Non-Defaulting Party, Renewable Energy Incentives and Tax benefits determined on an after-tax basis which Seller has not been able to mitigate after use of reasonable efforts.
“Lost Output” has the meaning set forth in Section 4.7. “Milestones” means the development activities for significant permitting, interconnection, financing and construction milestones set forth on the Cover Sheet. “Monthly Delivery Forecast” has the meaning set forth in Section 4.3(b). “Moody’s” means Moody’s Investors Service, Inc., or its successors. “MW” means megawatts in alternating current, unless expressly stated in terms of direct current.
“MWh” means megawatt-hour measured in alternating current, unless expressly stated in terms of direct current.
“Negative LMP” means, in any Settlement Period or Settlement Interval, whether in the Day-Ahead Market or Real-Time Market, the LMP at the Delivery Point is less than Zero Dollars ($0).
“NERC” means the North American Electric Reliability Corporation or any successor entity performing similar functions.
“Net Qualifying Capacity” or “NQC” means the net capacity of a resource that can be counted towards system Resource Adequacy Requirements, as identified from time to time by the CAISO Tariff, the Resource Adequacy Rulings, or by another Governmental Authority having jurisdiction.
“Network Upgrades” has the meaning set forth in the CAISO Tariff. “Non-Defaulting Party” has the meaning set forth in Section 11.2. “Notice” shall, unless otherwise specified in the Agreement, mean written communications by a Party to be delivered by hand delivery, United States mail, overnight courier service, or electronic messaging (email).
“Notice of Claim” has the meaning set forth in Section 16.2. “NP 15” means the Existing Zone Generation Trading Hub for Existing Zone region NP15 as set forth in the CAISO Tariff.
“Operating Restrictions” means those rules, requirements, and procedures set forth on Exhibit O.
AI#09_Att. A: Draft Power Purchase Agreement with Mayacma Geothermal, LLC 14 115678033.2 0065872-00007
“Participating Transmission Owner” or “PTO” means an entity that owns, operates and maintains transmission or distribution lines and associated facilities or has entitlements to use certain transmission or distribution lines and associated facilities where the Facility is interconnected. For purposes of this Agreement, the Participating Transmission Owner is set forth in Exhibit A.
“Party” or “Parties” has the meaning set forth in the Preamble. “Performance Measurement Period” means each Contract Year during the Delivery Term; provided, that the Performance Measurement Period shall begin on the first 12-month Contract Year, and if the last Contract Year is less than 12 months, Guaranteed Energy Production shall be determined on a pro-rated basis.
“Performance Security” means (i) cash or (ii) a Letter of Credit or a (iii) a Guaranty, in the amount set forth on the Cover Sheet.
“Permitted Transferee” means (i) any Affiliate of Seller or (ii) any entity that satisfies, or is controlled by another Person that satisfies, the following requirements:
(a) A tangible net worth of
or a Credit Rating of at least BBB- from S&P or Baa3 from Moody’s; and (b) At least two (2) years of experience in the ownership and operations of power generation facilities similar to the Facility, or has retained a third-party with such experience to operate the Facility.
“Person” means any individual, sole proprietorship, corporation, limited liability company, limited or general partnership, joint venture, association, joint-stock company, trust, incorporated organization, institution, public benefit corporation, unincorporated organization, government entity or other entity.
“Planned Outage” has the meaning set forth in Section 4.6(a). “PMAX” means the applicable CAISO-certified maximum operating level of the Facility. “PNode” has the meaning set forth in the CAISO Tariff.
“Portfolio Content Category” means PCC1, PCC2 or PCC3, as applicable. “Portfolio Content Category 1” or “PCC1” means any Renewable Energy Credit associated with the generation of electricity from an Eligible Renewable Energy Resource consisting of the portfolio content set forth in California Public Utilities Code Section 399.16(b)(1) and California Public Utilities Commission Decision 11-12-052, as may be amended from time to time or as further defined or supplemented by Law.
“Product” has the meaning set forth on the Cover Sheet.
AI#09_Att. A: Draft Power Purchase Agreement with Mayacma Geothermal, LLC 15 115678033.2 0065872-00007
“Progress Report” means a progress report including the items set forth in Exhibit E. “Prudent Operating Practice” means (a) the applicable practices, methods and acts required by or consistent with applicable Laws and reliability criteria, and otherwise engaged in or approved by a significant portion of the electric utility and independent power producer industry during the relevant time period with respect to grid-interconnected, utility-scale geothermal generating facilities in the Western United States, or (b) any of the practices, methods and acts which, in the exercise of reasonable judgement in light of the facts known at the time the decision was made, could have been expected to accomplish the desired result at a reasonable cost consistent with good business practices, reliability, safety and expedition. Prudent Operating Practice is not intended to be limited to the optimum practice, method or act to the exclusion of all others, but rather to acceptable practices, methods or acts generally accepted in the industry with respect to grid-interconnected, utility-scale generating facilities in the Western United States.
Prudent Operating Practice includes compliance with applicable Laws, applicable safety and reliability criteria, and the applicable criteria, rules and standards promulgated in the National Electric Safety Code and the National Electrical Code, as they may be amended or superseded from time to time, including the criteria, rules and standards of any successor organizations. “PTC” means the production tax credit established pursuant to Section 45 of the United States Internal Revenue Code of 1986.
“Qualifying Capacity” has the meaning set forth in the CAISO Tariff. “RA Capacity” has the meaning set forth in the CAISO Tariff. “RA Deficiency Amount” means the liquidated damages payment that Seller shall pay to Buyer for an applicable RA Shortfall Month as calculated in accordance with Section 3.8(b). “RA Guarantee Date” means
“RA Shortfall Month” means, for purposes of calculating an RA Deficiency Amount under Section 3.8 any Showing Month during which there is an RA Shortfall. “Real-Time Forecast” means any Notice of any change to the Available Generating Capacity or hourly expected Facility Energy delivered by or on behalf of Seller pursuant to Section
4.3(d).
“Real-Time Market” has the meaning set forth in the CAISO Tariff. “Remedial Action Plan” has the meaning in Section 2.4.
“Renewable Energy Credit” has the meaning set forth in California Public Utilities Code Section 399.12(h) and CPUC D.08-08-028, as may be amended or supplemented from time to time or as further defined or supplemented by Law, is evidenced by a WREGIS Certificate, and is equivalent to one (1) MWh of energy from the Facility which shall be qualified and certified as an ERR.
AI#09_Att. A: Draft Power Purchase Agreement with Mayacma Geothermal, LLC 16 115678033.2 0065872-00007
“Renewable Energy Incentives” means: (a) all federal, state, or local Tax credits or other Tax benefits associated with the construction, ownership, or production of electricity from the Facility (including credits under Sections 38, 45, 46 and 48 of the Internal Revenue Code of 1986, as amended); (b) any federal, state, or local grants, subsidies or other like benefits relating in any way to the Facility; and (c) any other form of incentive relating in any way to the Facility that is not a Green Attribute or a Future Environmental Attribute. “Replacement RA” means Resource Adequacy Benefits, if any, equivalent to those that would have been provided by the Facility with respect to the applicable month in which a RA Deficiency Amount is due to. To the extent that the Facility would have qualified as a Local Capacity Area Resource for such month, the Replacement RA must be from a Local Capacity Area Resource located within the same Local Capacity Area as the Facility. “Resource Adequacy Benefits” means the rights and privileges attached to the Facility that satisfy any entity’s resource adequacy obligations, as those obligations are set forth in any Resource Adequacy Rulings and includes any local, zonal or otherwise locational attributes associated with the Facility, in addition to flex attributes. “Resource Adequacy Rulings” means CPUC Decisions 04-01-050, 04-10-035, 05-10-042, 06-04-040, 06-06-064, 06-07-031 06-07-031, 07-06-029, 08-06-031, 09-06-028, 10-06-036, 11-06-022, 12-06-025, 13-06-024, 14-06-050, 15-06-063, 16-06-045, 17-06-027, 19- 02-022, 19-06-026, 19-10-021, 20-06-002, 20-06-028, 20-06-31, 20-12-006, 21-06-035, and any other existing or subsequent decisions, resolutions, or rulings related to resource adequacy, including, without limitation, in each case as may be amended from time to time by the CPUC, and any other existing or subsequent ruling or decision, or any other resource adequacy Law, however described, as such decisions, rulings, Laws, rules or regulations may be amended or modified from time-to-time throughout the Delivery Term. “S&P” means the Standard & Poor’s Financial Services, LLC (a subsidiary of The McGraw-Hill Companies, Inc.) or its successor.
“Schedule” has the meaning set forth in the CAISO Tariff, and “Scheduled” has a corollary meaning.
“Scheduled Energy” means the Facility Energy that clears under the applicable CAISO market based on the final Day-Ahead Schedule, FMM Schedule (as defined in the CAISO Tariff), or any other financially binding Schedule, market instruction or dispatch for the Facility for a given period of time implemented in accordance with the CAISO Tariff. “Scheduling Coordinator” or “SC” means an entity certified by the CAISO as qualifying as a Scheduling Coordinator pursuant to the CAISO Tariff for the purposes of undertaking the functions specified in “Responsibilities of a Scheduling Coordinator,” of the CAISO Tariff, as amended from time to time.
“Security Interest” has the meaning set forth in Section 8.9. “Self-Schedule” has the meaning set forth in the CAISO Tariff.
AI#09_Att. A: Draft Power Purchase Agreement with Mayacma Geothermal, LLC 17 115678033.2 0065872-00007
“Seller” has the meaning set forth on the Cover Sheet.
“Seller’s WREGIS Account” has the meaning set forth in Section 4.8(a). “Settlement Amount” means the Non-Defaulting Party’s Costs and Losses, on the one hand, netted against its Gains, on the other. If the Non-Defaulting Party’s Costs and Losses exceed its Gains, then the Settlement Amount shall be an amount owing to the Non-Defaulting Party. If the Non-Defaulting Party’s Gains exceed its Costs and Losses, then the Settlement Amount shall be Zero Dollars ($0). The Settlement Amount does not include consequential, incidental, punitive, exemplary or indirect or business interruption damages; provided that the Parties agree that Seller’s lost revenue under this Agreement resulting from a Buyer Default may be included in the determination of Losses.
“Settlement Interval” has the meaning set forth in the CAISO Tariff. “Settlement Period” has the meaning set forth in the CAISO Tariff. “Shared Facilities” means the gen-tie lines, transformers, substations, or other equipment, permits, contract rights, and other assets and property (real or personal), in each case, as necessary to enable generation and delivery of energy from the Facility (which is excluded from Shared Facilities) to the point of interconnection, including the Interconnection Agreement itself, that are used in common with third parties.
“Showing Month” means the calendar month of the Delivery Term that is the subject of the compliance showing, as set forth in the Resource Adequacy Rulings and outlined in the CAISO Tariff. For illustrative purposes only, pursuant to the CAISO Tariff and Resource Adequacy Rulings in effect as of the Effective Date, the monthly compliance showing made in June is for the Showing Month of August.
“Site” means the real property on which the Facility is or will be located, as further described in Exhibit A, and as may be updated by Seller at the time it provides the Construction Start Date Certificate substantially in the form of Exhibit J; provided that any such update to the Site that includes real property that was not originally contained with or contiguous with the Site boundaries described in Exhibit A shall be subject to Buyer’s approval of such updates in its sole discretion. “Site” does not include any land rights or interests in the real property constituting the Site that relate to or are used by other projects constructed or owned by any party to any Shared Facility Agreements. Any update provided by Seller in the Construction Start Date Certificate shall be automatically incorporated in Exhibit A upon its receipt by Buyer, unless Buyer’s approval is otherwise required, then it shall be incorporated into Exhibit A upon Buyer’s approval. “Site Control” means that Seller (or, prior to the Delivery Term, its Affiliate): (a) owns or has the option to purchase the Site; (b) is the lessee or has the option to lease the Site; or (c) is the holder of an easement or an option for an easement, right-of-way grant, or similar instrument with respect to the Site.
“SP 15” means the Existing Zone Generation Trading Hub for Existing Zone region SP15 as set forth in the CAISO Tariff.
AI#09_Att. A: Draft Power Purchase Agreement with Mayacma Geothermal, LLC 18 115678033.2 0065872-00007
“Station Use” means:
(a) The Energy produced by the Facility that is used within the Facility to power the lights, motors, control systems and other electrical loads that are necessary for operation of the Facility; and
(b) The Energy produced by the Facility that is consumed within the Facility’s electric energy distribution system as losses.
“System Emergency” means any condition that requires, as determined and declared by CAISO or the PTO, automatic or immediate action to (i) prevent or limit harm to or loss of life or property, (ii) prevent loss of transmission facilities or generation supply in the immediate vicinity of the Facility, or (iii) to preserve Transmission System reliability. “Tax” or “Taxes” means all U.S. federal, state and local and any foreign taxes, levies, assessments, surcharges, duties and other fees and charges of any nature imposed by a Governmental Authority, whether currently in effect or adopted during the Contract Term, including ad valorem, excise, franchise, gross receipts, import/export, license, property, sales and use, stamp, transfer, payroll, unemployment, income, and any and all items of withholding, deficiency, penalty, additions, interest or assessment related thereto. “Tax Credits” means the PTC, ITC and any other state, local or federal production tax credit, depreciation benefit, tax deduction or investment tax credit specific to the production of renewable energy or investments in renewable energy facilities. “Technology Factor” means the then-applicable monthly percentage published by the CPUC and used to establish Qualifying Capacity for non-dispatchable geothermal resources that have less than three (3) years of historical production and bidding data. The Parties acknowledge and agree that the Technology Factors vary from year to year and month to month. “Terminated Transaction” has the meaning set forth in Section 11.2(a). “Termination Payment” has the meaning set forth in Section 11.3. “Test Energy” means Facility Energy delivered to the Delivery Point (a) commencing on the later of (i) the first date that the CAISO informs Seller in writing that Seller may deliver Facility Energy to the CAISO and (ii) the first date that the PTO informs Seller in writing that Seller has conditional or temporary permission to parallel and (b) ending upon the occurrence of the Commercial Operation Date.
“Test Energy Rate” has the meaning set forth in Section 3.6. “Transformer Failure” means failure of all or part of the main power transformer that results in the Facility being unable to generate Energy during such failure, and such failure was not caused by Seller and could not have been avoided through the exercise of Prudent Operating Practice.
AI#09_Att. A: Draft Power Purchase Agreement with Mayacma Geothermal, LLC 19 115678033.2 0065872-00007
“Transmission Provider” means any entity or entities transmitting or transporting the Facility Energy on behalf of Seller or Buyer to or from the Delivery Point. “Transmission System” means the transmission facilities operated by the CAISO, now or hereafter in existence, which provide energy transmission service within the CAISO grid from the Delivery Point.
“Ultimate Parent” means Open Mountain Energy, LLC, a Delaware limited liability company.
“Variable Energy Resource” or “VER” has the meaning set forth in the CAISO Tariff. “WREGIS” means the Western Renewable Energy Generation Information System or any successor renewable energy tracking program.
“WREGIS Certificate Deficit” has the meaning set forth in Section 4.8(d). “WREGIS Certificates” has the same meaning as “Certificate” as defined by WREGIS in the WREGIS Operating Rules and are designated as eligible for complying with the California Renewables Portfolio Standard.
“WREGIS Operating Rules” means those operating rules and requirements adopted by WREGIS as of January 4, 2021, as subsequently amended, supplemented or replaced (in whole or in part) from time to time.
1.2 Rules of Interpretation. In this Agreement, except as expressly stated otherwise or unless the context otherwise requires:
(a) headings and the rendering of text in bold and italics are for convenience and reference purposes only and do not affect the meaning or interpretation of this Agreement; (b) words importing the singular include the plural and vice versa and the masculine, feminine and neuter genders include all genders; (c) the words “hereof”, “herein”, and “hereunder” and words of similar import shall refer to this Agreement as a whole and not to any particular provision of this Agreement; (d) a reference to an Article, Section, paragraph, clause, Party, or Exhibit is a reference to that Article, Section, paragraph, clause of, or that Party or Exhibit to, this Agreement unless otherwise specified;
(e) a reference to a document or agreement, including this Agreement means such document, agreement or this Agreement including any amendment or supplement to, or replacement, novation or modification of this Agreement, but disregarding any amendment, supplement, replacement, novation or modification made in breach of such document, agreement or this Agreement;
AI#09_Att. A: Draft Power Purchase Agreement with Mayacma Geothermal, LLC 20 115678033.2 0065872-00007
(f) a reference to a Person includes that Person’s successors and permitted assigns;
(g) the terms “include” and “including” means “include or including without limitation” (as applicable) and any list of examples following such term shall in no way restrict or limit the generality of the word or provision in respect of which such examples are provided; (h) references to any statute, code or statutory provision are to be construed as a reference to the same as it may have been, or may from time to time be, amended, modified or reenacted, and include references to all bylaws, instruments, orders and regulations for the time being made thereunder or deriving validity therefrom unless the context otherwise requires; (i) in the event of a conflict, a mathematical formula or other precise description of a concept or a term shall prevail over words providing a more general description of a concept or a term;
(j) references to any amount of money shall mean a reference to the amount in United States Dollars;
(k) the expression “and/or” when used as a conjunction shall connote “any or all of”;
(l) words, phrases or expressions not otherwise defined herein that (i) have a generally accepted meaning in Prudent Operating Practice shall have such meaning in this Agreement or (ii) do not have well known and generally accepted meaning in Prudent Operating Practice but that have well known and generally accepted technical or trade meanings, shall have such recognized meanings; and
(m) each Party acknowledges that it was represented by counsel in connection with this Agreement and that it or its counsel reviewed this Agreement and that any rule of construction to the effect that ambiguities are to be resolved against the drafting party shall not be employed in the interpretation of this Agreement.
ARTICLE 2
TERM; CONDITIONS PRECEDENT
2.1 Contract Term.
(a) The term of this Agreement shall commence on the Effective Date and shall remain in full force and effect until the conclusion of the Delivery Term, subject to any early termination provisions set forth herein (“Contract Term”); provided, however, that subject to Buyer’s obligations in Section 3.6, Buyer’s obligations to pay for or accept any Product are subject to Seller’s completion of the conditions precedent pursuant to Section 2.2. (b) Applicable provisions of this Agreement shall continue in effect after termination, including early termination, to the extent necessary to enforce or complete the duties, obligations or responsibilities of the Parties arising prior to termination. The confidentiality AI#09_Att. A: Draft Power Purchase Agreement with Mayacma Geothermal, LLC 21 115678033.2 0065872-00007
obligations of the Parties under Article 18 and all indemnity and audit rights shall remain in full force and effect for three (3) years following the termination of this Agreement.
2.2 Conditions Precedent. The Delivery Term shall not commence until Seller completes each of the following conditions:
(a) Seller has delivered to Buyer (i) a completion certificate from a Licensed Professional Engineer substantially in the form of Exhibit H and (ii) a certificate from a Licensed Professional Engineer substantially in the form of Exhibit I setting forth the Installed Capacity on the Commercial Operation Date;
(b) A Participating Generator Agreement and a Meter Service Agreement between Seller and CAISO shall have been executed and delivered and be in full force and effect, and a copy of each such agreement delivered to Buyer;
(c) An Interconnection Agreement between Seller and the PTO shall have been executed and delivered and be in full force and effect and a copy of the Interconnection Agreement delivered to Buyer;
(d) All required regulatory authorizations, approvals and permits for the operation of the Facility have been obtained and shall be in full force and effect, and all conditions thereof that are capable of being satisfied on the Commercial Operation Date have been satisfied; (e) Seller has received CEC Precertification of the Facility (and reasonably expects to receive final CEC Certification and Verification for the Facility in no more than one hundred eighty (180) days from the Commercial Operation Date); (f) Seller (with the reasonable participation of Buyer) shall have completed all applicable WREGIS registration requirements that are reasonably capable of being completed prior to the Commercial Operation Date under WREGIS rules, including (as applicable) the completion and submittal of all applicable registration forms and supporting documentation, which may include applicable interconnection agreements, informational surveys related to the Facility, QRE service agreements, and other appropriate documentation required to effect Facility registration with WREGIS and to enable Renewable Energy Credit transfers related to the Facility within the WREGIS system;
(g) Seller has provided Buyer with a copy of written notice from CAISO supporting Commercial Operation, in accordance with the CAISO Tariff; (h) Seller has provided Buyer with a copy of written notice from the CAISO that the Facility has achieved either Full Capacity Deliverability Status or Interim Deliverability Status;
(i) Seller shall have caused the Facility to be included in the Full Network Model and has the ability to offer Bids into the CAISO Day-Ahead and Real-Time markets in respect of the Facility;
AI#09_Att. A: Draft Power Purchase Agreement with Mayacma Geothermal, LLC 22 115678033.2 0065872-00007
(j) Seller (or its Affiliate, if a sharing arrangement permitted by this Agreement is in effect) has obtained all real property rights, including Site Control, required for the operation of the Facility during the Delivery Term, and Seller has provided evidence of such rights to Buyer; (k) Insurance requirements for the Facility pursuant to Article 17 have been met, with evidence provided in writing to Buyer;
(l) Seller has certified in writing to Buyer that Seller has complied with the Workforce Requirements in Section 13.4 and provided reasonably requested documentation demonstrating such compliance as set forth in Section 13.4; (m) Seller has certified in writing to Buyer that Seller has satisfied the community benefit-related obligations set forth in Exhibit Q, and provided reasonably requested documentation demonstrating such compliance;
(n) Seller has delivered the Performance Security to Buyer in accordance with Section 8.8; and
(o) Seller has paid Buyer for all undisputed amounts owing under this Agreement as of the Commercial Operation Date, if any, including Construction Delay Damages, and Commercial Operation Delay Damages, in each case, if any and to the extent owed.
2.3 Development; Construction; Progress Reports. Following the Effective Date, within fifteen (15) days after the close of (i) each calendar quarter from the first calendar quarter following the Effective Date until the Expected Construction Start Date, and (ii) each calendar month from the first calendar month following the Expected Construction Start Date until the Commercial Operation Date, Seller shall provide a Progress Report to Buyer until the Commercial Operation Date and agrees to regularly scheduled meetings between representatives of Buyer and Seller to review such reports and discuss Seller’s construction progress. The form of the Progress Report is set forth in Exhibit E. Seller shall also provide Buyer with any reasonably requested documentation (subject to confidentiality restrictions) directly related to the achievement of Milestones within ten (10) Business Days of receipt of such request by Seller. For the avoidance of doubt, as between Seller and Buyer, Seller is solely responsible for the design and construction of the Facility, including the location of the Site, obtaining all permits and approvals to build the Facility, the Facility layout, and the selection and procurement of the equipment comprising the Facility.
2.4 Remedial Action Plan. If Seller misses three (3) or more Milestones, or misses any one (1) by more than ninety (90) days, except as the result of Force Majeure Event or Buyer Default, Seller shall submit to Buyer, within ten (10) Business Days of such missed Milestone completion date, a remedial action plan (“Remedial Action Plan”), which will describe in detail any delays (actual or anticipated) beyond the scheduled Milestone dates, including the cause of the delay, if known (e.g., governmental approvals, financing, property acquisition, design activities, equipment procurement, project construction, interconnection, or any other factor), Seller’s detailed description of its proposed course of action to achieve the missed Milestones and all subsequent Milestones by the Guaranteed Commercial Operation Date (including any extension thereof); provided, that delivery of any Remedial Action Plan shall not relieve Seller of its AI#09_Att. A: Draft Power Purchase Agreement with Mayacma Geothermal, LLC 23 115678033.2 0065872-00007
obligation to provide Remedial Action Plans with respect to any subsequent Milestones and to achieve the Guaranteed Commercial Operation Date in accordance with the terms of this Agreement. Subject to the provisions of Exhibit B, so long as Seller complies with its obligations under this Section 2.4, Seller shall not be considered in default of its obligations under this Agreement solely as a result of missing any Milestone.
2.5 Future Phases; Additional Projects. Seller grants Buyer the right of first offer to evaluate and negotiate the purchase of the output of any additional phases of the Facility, as well as any separate renewable energy or energy storage projects that are currently under development by, or will be developed by, Seller or affiliates of Seller, and that will use or share infrastructure, land, equipment (including the ability to jointly procure equipment), or other facilities as the Facility (“Additional Facilities”). Neither Seller nor Seller’s Affiliates may sell, market or deliver any Product associated with or attributable to any Additional Facilities to a party other than Buyer unless prior to selling or marketing the output from any such Additional Facilities, or entering into the agreement to sell, market or deliver any output from such Additional Facilities to a party other than Buyer, Seller or Seller’s Affiliates provide Buyer with a written offer to sell the output from such Additional Facilities on terms and conditions that Seller will offer to a third party. If Buyer accepts Seller’s offer, subject to negotiation of final documents, by providing written notice of such acceptance to Seller by 5:00 p.m. PPT on or before the thirtieth (30th) day following Buyer’s receipt of the offer (or if such thirtieth (30th) day is not a Business Day for Buyer, by 5:00 p.m.
PPT on the next Business Day) (the “Offer Deadline”), then Seller shall thereafter negotiate in good faith with Buyer to finalize the terms of, and enter into, an agreement for the purchase and sale of such output on substantially the same terms of Seller’s offer to Buyer. If Buyer and Seller are unable to finalize the terms of, and enter into, such agreement within forty-five (45) days following the Offer Deadline, Seller’s offer shall be deemed rejected and the provisions of Section 2.5 shall no longer apply. If Buyer does not accept the Seller’s offer by the Offer Deadline or is deemed to have rejected Seller’s offer as provided in the foregoing sentence, then Seller will have the right to solicit offers and enter into one or more agreements for the purchase and sale of such output with Persons other than Buyer on the terms and conditions acceptable to Seller in its sole discretion.
ARTICLE 3
PURCHASE AND SALE
3.1 Purchase and Sale of Product. Subject to the terms and conditions of this Agreement, during the Delivery Term, Buyer will purchase and receive all the Product produced by or associated with the Facility at the Contract Price and in accordance with Exhibit C, and Seller AI#09_Att. A: Draft Power Purchase Agreement with Mayacma Geothermal, LLC 24 115678033.2 0065872-00007
shall supply and deliver to Buyer all the Product produced by or associated with the Facility (net of applicable losses). At its sole discretion but subject to Section 5.2, Buyer may during the Delivery Term re-sell or use for another purpose all or a portion of the Product, provided that no such re-sale or use shall relieve Buyer of any obligations hereunder. During the Delivery Term, subject to and without limiting Seller’s right to retain CAISO revenues as described in Exhibit D, Buyer will have exclusive rights to offer, bid, or otherwise submit the Product, or any component thereof, purchased hereunder from the Facility after the Delivery Point for resale into the market or to any third party, and retain and receive any and all related revenues. Subject to Buyer’s obligation to pay for Deemed Delivered Energy, Buyer has no obligation to purchase from Seller any Product for which the associated Facility Energy is not or cannot be delivered to the Delivery Point as a result of an outage of the Facility, a Force Majeure Event, or a Curtailment Order.
3.2 Sale of Green Attributes. During the Delivery Term, Seller shall sell and deliver to Buyer, and Buyer shall purchase and receive from Seller, all Green Attributes attributable to the Facility Energy generated by the Facility.
3.3 Imbalance Energy. Buyer and Seller recognize that in any given Settlement Period there may be Imbalance Energy. To the extent there is any Imbalance Energy, any payments or charges related to such Imbalance Energy shall be for the account of Buyer.
3.4 Ownership of Renewable Energy Incentives. Seller shall have all right, title and interest in and to all Renewable Energy Incentives. Buyer acknowledges that any Renewable Energy Incentives belong to Seller. If any Renewable Energy Incentives, or values representing the same, are initially credited or paid to Buyer, Buyer shall cause such Renewable Energy Incentives or values relating to same to be assigned or transferred to Seller without delay. Buyer shall reasonably cooperate with Seller, at Seller’s sole expense, in Seller’s efforts to meet the requirements for any certification, registration, or reporting program relating to Renewable Energy Incentives.
3.5 Future Environmental Attributes.
(a) The Parties acknowledge and agree that as of the Effective Date, environmental attributes sold under this Agreement are restricted to Green Attributes; however, Future Environmental Attributes may be created by a Governmental Authority through Laws enacted after the Effective Date. Subject to the final sentence of this Section 3.5(a), and Sections
3.5(b) and 3.12, in such event, Buyer shall bear all costs and risks associated with the transfer, qualification, verification, registration and ongoing compliance for such Future Environmental Attributes, but there shall be no increase in the Contract Price. Upon Seller’s receipt of Notice from Buyer of Buyer’s intent to claim such Future Environmental Attributes, the Parties shall determine the necessary actions and additional costs associated with such Future Environmental Attributes. Seller shall have no obligation to alter the Facility or the operation of the Facility, including reduction of delivery of Energy to the Delivery Point, unless the Parties have agreed on all necessary terms and conditions relating to such alteration or change in operation and Buyer has agreed to reimburse Seller for all costs, losses, and liabilities associated with such alteration or change in operation or reduction.
AI#09_Att. A: Draft Power Purchase Agreement with Mayacma Geothermal, LLC 25 115678033.2 0065872-00007
(b) If Buyer elects to receive Future Environmental Attributes pursuant to Section 3.5(a), the Parties agree to negotiate in good faith with respect to the development of further agreements and documentation necessary to effectuate the transfer of such Future Environmental Attributes, including agreement with respect to (i) appropriate transfer, delivery and risk of loss mechanisms, and (ii) appropriate allocation of any additional costs to Buyer, as set forth above (in any event subject to Section 3.12); provided, that the Parties acknowledge and agree that such terms are not intended to alter the other material terms of this Agreement.
3.6 Test Energy. No less than fourteen (14) days prior to the first day on which Test Energy is expected to be available from the Facility, Seller shall notify Buyer of the availability of the Test Energy. If and to the extent the Facility generates Test Energy, Seller shall sell and Buyer shall purchase from Seller all Test Energy and any associated Products on an as-available basis for up to ninety (90) days from the first delivery of Test Energy. As compensation for such Test Energy and associated Product, Buyer shall pay Seller an amount equal to (the “Test Energy Rate”). For the avoidance of doubt, the conditions precedent in Section 2.2 are not applicable to the Parties’ obligations under this Section 3.6.
3.7 Capacity Attributes. Seller shall request Full Capacity Deliverability Status in pursuant to the CAISO Tariff. As between Buyer and Seller, Seller shall be responsible for the cost and installation of any Network Upgrades associated with obtaining such Full Capacity Deliverability Status.
(a) Throughout the Delivery Term, Seller grants, pledges, assigns and otherwise commits to Buyer all of the Capacity Attributes from the Facility. (b) On and after the RA Guarantee Date and thereafter throughout the Delivery Term, the following provisions shall apply:
(i) Seller shall use commercially reasonable efforts to maintain eligibility for Full Capacity Deliverability Status or Interim Deliverability Status for the Facility from the CAISO and shall perform all actions necessary to ensure that the Facility qualifies to provide Resource Adequacy Benefits to Buyer.
(ii) Seller hereby covenants and agrees to transfer all of the Resource Adequacy Benefits and other Capacity Attributes of the Facility to Buyer. (iii) Seller shall take all reasonable actions, including complying with all applicable registration and reporting requirements, and execute all documents or instruments necessary to enable Buyer to use all of the Capacity Attributes committed by Seller to Buyer pursuant to this Agreement.
3.8 Resource Adequacy Failure.
(a) RA Deficiency Determination. For each RA Shortfall Month, Seller shall pay to Buyer the RA Deficiency Amount as liquidated damages or provide Replacement RA, in each case, as the sole and exclusive remedy for the Capacity Attributes Seller failed to convey to Buyer.
AI#09_Att. A: Draft Power Purchase Agreement with Mayacma Geothermal, LLC 26 115678033.2 0065872-00007
(b) RA Deficiency Amount Calculation. For each RA Shortfall Month occurring after the RA Guarantee Date, Seller shall pay to Buyer an amount (the “RA Deficiency Amount”) equal to the product of (i) the difference, expressed in kW, of (A) the then-applicable Guaranteed RA Amount for such month, minus (B) the then-applicable Net Qualifying Capacity of the Facility for such month able to be shown on Buyer’s monthly or annual RA Plan to the CAISO and CPUC and counted as System Resource Adequacy Benefits and, if applicable, any Deemed Delivered RA (the “RA Shortfall Amount”), multiplied by provided that Seller may, as an
alternative to paying RA Deficiency Amounts, deliver Replacement RA to Buyer in an amount equal to all or a portion of the RA Shortfall Amount, provided that the Replacement RA capacity is communicated by Seller to Buyer with Replacement RA product information in a written notice substantially in the form of Exhibit M at least seventy-five (75) days before the applicable CPUC Showing Month for the purpose of monthly RA reporting.
3.9 CEC Certification and Verification. Seller shall take all necessary steps including, but not limited to, making or supporting timely filings with the CEC to obtain and maintain CEC Certification and Verification for the Facility throughout the Delivery Term, including compliance with all applicable requirements for certified facilities set forth in the current version of the RPS Eligibility Guidebook (or its successor). Seller shall obtain CEC Precertification by the Commercial Operation Date. Within thirty (30) days after the Commercial Operation Date, Seller shall apply with the CEC for final CEC Certification and Verification. Within after the Commercial Operation Date, which deadline will be extended on a day-for-day basis if there is a delay in CEC Certification and Verification and that delay is caused by any reason other than an act or omission of Seller, Seller shall obtain and maintain throughout the remainder of the Delivery Term the final CEC Certification and Verification. Seller must promptly notify Buyer and the CEC of any changes to the information included in Seller’s application for CEC Certification and Verification for the Facility.
3.10 CPUC Mid-Term Reliability Requirements.
(a) Seller acknowledges that Buyer intends to use this Agreement to comply with mandatory procurement obligations for incremental capacity pursuant to CPUC D.21-06-035.
Seller represents and warrants to Buyer that commencing on the Effective Date and continuing throughout the Contract Term:
(i) The Product includes the exclusive right to claim the Guaranteed Capacity of the Facility as an incremental resource for purposes of CPUC D.21-06-035; (ii) Seller has not and will not sell, assign or transfer the right to claim the output of the Facility as an incremental resource for purposes of CPUC D.21-06-035 to any other person or entity; and
(iii) Seller will reasonably cooperate with Buyer to support Buyer’s use of the Product to meet the procurement mandates set forth in CPUC D.21-06-035.
AI#09_Att. A: Draft Power Purchase Agreement with Mayacma Geothermal, LLC 27 115678033.2 0065872-00007
(b) Seller further acknowledges that Buyer intends to use this Agreement to comply with mandatory procurement obligations for incremental Firm Clean Resource capacity pursuant to CPUC D.21-06-035, Ordering Paragraph 2(b). In accordance with such requirements, as such decision has been interpreted by the CPUC in public guidance documents or other public communications issued prior to the Effective Date, Seller represents that the Facility shall meet the following requirements, subject to the terms of this Agreement:
(i) The Facility shall have zero on-site emissions or otherwise be eligible under the Renewables Portfolio Standard Program as a PCC1 resource; (ii) The Facility shall have a capacity factor of at least eighty percent (80%);
(iii) The Facility shall be able to deliver every day, year-round; (iv) The Facility shall not be use-limited;
(v) The Facility shall not be weather dependent;
(vi) The Facility is a generating resource, not storage; (vii) The Facility is incremental to the CPUC’s baseline list; and (viii) The Facility shall be eligible to provide RA Capacity as set forth in the Resource Adequacy Rulings.
(c) In furtherance of Buyer’s compliance and reporting obligations related to the foregoing, and without limiting Seller’s obligations under any other provision of this Agreement, Seller agrees to provide documentation reasonably requested by Buyer in connection with such compliance obligations (subject to redaction of commercially sensitive information), including but not limited to the following:
(i) Evidence of interconnection, site control, notice to proceed with construction, and other evidence of construction status and progress towards Commercial Operation;
(ii) Engineering assessments demonstrating that the Facility satisfies the foregoing requirements; and
(iii) Any other engineering assessments, contractual support, or relevant information required or requested by the CPUC pursuant to CPUC D.21-06-035.
3.11 Non-Modifiable Standard Terms and Conditions.
(a) Eligibility: Seller, and, if applicable, its successors, represents and warrants that throughout the Delivery Term of this Agreement that: (i) the Project qualifies and is certified by the CEC as an Eligible Renewable Energy Resource (“ERR”) as such term is defined in Public Utilities Code Section 399.12 or Section 399.16; and (ii) the Project’s output delivered to Buyer AI#09_Att. A: Draft Power Purchase Agreement with Mayacma Geothermal, LLC 28 115678033.2 0065872-00007
qualifies under the requirements of the California Renewables Portfolio Standard. To the extent a change in law occurs after execution of this Agreement that causes this representation and warranty to be materially false or misleading, it shall not be an Event of Default if Seller has used commercially reasonable efforts to comply with such change in law. [STC 6]. (b) Transfer of Renewable Energy Credits: Seller and, if applicable, its successors, represents and warrants that throughout the Delivery Term of this Agreement the Renewable Energy Credits transferred to Buyer conform to the definition and attributes required for compliance with the California Renewables Portfolio Standard, as set forth in California Public Utilities Commission Decision 08-08-028, and as may be modified by subsequent decision of the California Public Utilities Commission or by subsequent legislation. To the extent a change in law occurs after execution of this Agreement that causes this representation and warranty to be materially false or misleading, it shall not be an Event of Default if Seller has used commercially reasonable efforts to comply with such change in law. [STC REC-1]. (c) Tracking of RECs in WREGIS: Seller warrants that all necessary steps to allow the Renewable Energy Credits transferred to Buyer to be tracked in the Western Renewable Energy Generation Information System will be taken prior to the first delivery under the contract. [STC REC-2].
(d) Applicable Law: Governing Law. This Agreement and the rights and duties of the Parties hereunder shall be governed by and construed, enforced and performed in accordance with the laws of the state of California, without regard to principles of conflicts of law. To the extent enforceable at such time, each Party waives its respective right to any jury trial with respect to any litigation arising under or in connection with this Agreement. [STC 17].
3.12 Compliance Expenditure Cap.
(a) The Parties acknowledge that an essential purpose of this Agreement is to provide renewable generation that meets the requirements of the California Renewables Portfolio Standard and Capacity Attributes to meet various compliance requirements, and that this Agreement is being used by Buyer to comply with mandatory procurement obligations of the CPUC including but not limited to CPUC D.21-06-035, and that Governmental Authorities, including the CEC, CPUC, CAISO and WREGIS, may undertake actions from time to time to implement a change in Law. Seller agrees to use commercially reasonable efforts to cooperate with Buyer with respect to any subsequently requested changes, modifications, or amendments to this Agreement needed to satisfy requirements of Governmental Authorities associated with changes in Law, including changes, modifications, or amendments to this Agreement to: (i) amend the Agreement to reflect any mandatory contractual language required by Governmental Authorities, including changes to the definition of Green Attributes and Capacity Attributes, or as may be required pursuant to CPUC D.21-06-035; (ii) require submission of any reports, data, or other information required by Governmental Authorities; (iii) provide additional documentation or information to respond to data requests from the CPUC or other Governmental Authorities; (iv) satisfy new compliance requirements of Governmental Authorities; or (v) take any other actions that may be requested by Buyer to assure that the Generating Facility is an Eligible Renewable Energy Resource under the California Renewables Portfolio Standard, that the Facility is eligible for and can provide Capacity Attributes to Buyer and that the Facility qualifies under the Mid-AI#09_Att. A: Draft Power Purchase Agreement with Mayacma Geothermal, LLC 29 115678033.2 0065872-00007
Term Reliability Requirements; provided that Seller shall have no obligation to modify this Agreement, or take other actions not required under this Agreement, if such modifications or actions would materially adversely affect, or could reasonably be expected to have or result in a material adverse effect on, any of Seller’s rights, benefits, risks and/or obligations under this Agreement.
(b) If a change in Laws occurring after the Effective Date has increased Seller’s known or reasonably expected costs and expenses to comply with Seller’s obligations under this Agreement with respect to obtaining, maintaining, conveying or effectuating Buyer’s use of (as applicable) any Product (any action required to be taken by Seller to comply with such change in Law, a “Compliance Action”), then the Parties agree that the maximum aggregate amount of costs and expenses Seller shall be required to bear during the Delivery Term to comply with all such Compliance Actions shall be capped at per MW of
Guaranteed Capacity (the “Compliance Expenditure Cap”). Seller’s internal administrative costs associated with obtaining, maintaining, conveying or effectuating Buyer’s use of (as applicable) any Product are excluded from the Compliance Expenditure Cap. (c) If Seller reasonably anticipates the need to incur costs and expenses in excess of the Compliance Expenditure Cap in order to take any Compliance Action, Seller shall provide Notice to Buyer of such anticipated costs and expenses. (d) Buyer will have sixty (60) days to evaluate such Notice (during which time period Seller is not obligated to take any Compliance Actions described in the Notice) and shall, within such time, either (1) agree to reimburse Seller for all or some portion of the Compliance Costs that exceed the Compliance Expenditure Cap, as applicable (such Buyer-agreed upon costs, the “Accepted Compliance Costs”), or (2) waive Seller’s obligation to take such Compliance Actions, or any part thereof for which Buyer has not agreed to reimburse Seller. If Buyer does not respond to a Notice given by Seller under this Section 3.12 within sixty (60) days after Buyer’s receipt of same, Buyer shall be deemed to have waived its rights to require Seller to take the Compliance Actions that are the subject of the Notice, and Seller shall have no further obligation to take, and no liability for any failure to take, the Compliance Actions that are the subject of the Notice for the remainder of the Term.
(e) If Buyer agrees to reimburse Seller for the Accepted Compliance Costs, then Seller shall take such Compliance Actions covered by the Accepted Compliance Costs as agreed upon by the Parties and Buyer shall reimburse Seller for Seller’s actual costs to effect the Compliance Actions, not to exceed the Accepted Compliance Costs, within sixty (60) days from the time that Buyer receives an invoice and documentation of such costs from Seller.
ARTICLE 4
OBLIGATIONS AND DELIVERIES
4.1 Delivery.
(a) Energy. Subject to the provisions of this Agreement, commencing on the Commercial Operation Date and through the end of the Contract Term, Seller shall supply and deliver the Product to Buyer at the Delivery Point, and Buyer shall take delivery of the Product at AI#09_Att. A: Draft Power Purchase Agreement with Mayacma Geothermal, LLC 30 115678033.2 0065872-00007
the Delivery Point in accordance with the terms of this Agreement. Seller will be responsible for paying or satisfying when due any costs or charges imposed in connection with the delivery of Facility Energy to the Delivery Point, including without limitation, Station Use, Electrical Losses, and any operation and maintenance charges imposed on Seller by the Transmission Provider directly relating to the Facility’s operations. Buyer will be responsible for paying or satisfying any such costs or charges imposed in connection with Facility Energy at and after the Delivery Point. The Facility Energy will be scheduled to the CAISO by Buyer (or Buyer’s designated Scheduling Coordinator) in accordance with Exhibit D.
(b) Green Attributes. All Green Attributes associated with the Facility Energy during the Delivery Term are exclusively dedicated to and will be conveyed to and purchased by Buyer. Seller represents and warrants that Seller holds the rights to all Green Attributes associated with the Facility Energy and has not sold the Green Attributes to any other person or entity, and Seller agrees to convey and hereby conveys all such Green Attributes to Buyer as included in the delivery of the Product from the Facility.
4.2 Title and Risk of Loss.
(a) Energy. Title to and risk of loss related to the Facility Energy, shall pass and transfer from Seller to Buyer at the Delivery Point. Seller warrants that all Product delivered to Buyer is free and clear of all liens, security interests, claims and encumbrances of any kind. (b) Green Attributes. Title to and risk of loss related to the Green Attributes shall pass and transfer from Seller to Buyer upon the transfer of such Green Attributes in accordance with WREGIS.
4.3 Forecasting. Unless otherwise agreed by the Parties, Seller shall provide the forecasts described below at its sole expense and in a format reasonably acceptable to Buyer (or Buyer’s designee). Seller shall use reasonable efforts to provide forecasts that are accurate and, to the extent not inconsistent with the requirements of this Agreement, shall prepare such forecasts, or cause such forecasts to be prepared, in accordance with Prudent Operating Practices. (a) Annual Forecast of Energy. No less than forty-five (45) days before (i) the first day of the first Contract Year of the Delivery Term and (ii) at the beginning of each calendar year for every subsequent Contract Year during the Delivery Term, Seller shall provide to Buyer and the SC (if applicable) a non-binding forecast of each month’s average-day expected Facility Energy, by hour, for the following calendar year in a form substantially similar to the table found in Exhibit F-1, or as reasonably requested by Buyer. (b) Monthly Forecast of Energy and Available Generating Capacity. No less than thirty (30) days before the beginning of Commercial Operation, and thereafter ten (10) Business Days before the beginning of each month during the Delivery Term, Seller shall provide to Buyer and the SC (if applicable) a non-binding forecast of the hourly expected Facility Energy, Available Generating Capacity for each day of the following month in a form substantially similar to the table found in Exhibit F-2 (“Monthly Delivery Forecast”). (c) Day-Ahead Forecast. By 5:30 AM PPT on the Business Day immediately preceding the date of delivery, or as otherwise specified by Buyer consistent with AI#09_Att. A: Draft Power Purchase Agreement with Mayacma Geothermal, LLC 31 115678033.2 0065872-00007
Prudent Operating Practice, Seller shall provide Buyer or its Scheduling Coordinator with a non-binding forecast of (i) Available Generating Capacity and (ii) hourly expected Facility Energy, in each case, for each hour of the immediately succeeding day (“Day-Ahead Forecast”). A Day-Ahead Forecast provided in a day prior to any non-Business Day(s) shall include non-binding forecasts for the immediate day, each succeeding non-Business Day and the next Business Day.
Each Day-Ahead Forecast shall clearly identify, for each hour, Seller’s best estimate of (i) the Available Generating Capacity and (ii) the hourly expected Facility Energy. Seller shall provide the Day-Ahead Forecast in the form of a CSV file or other mutually agreed file format delivered to Buyer’s Scheduling Coordinator and Buyer’s File Transfer Protocol (FTP) site as set forth in Exhibit N.
(d) Real-Time Forecasts. During the Delivery Term, Seller shall notify the Scheduling Coordinator of any changes from the Day-Ahead Forecast of one (1) MW or more in (i) Available Generating Capacity or (ii) hourly expected Facility Energy, in each case, whether due to ambient condition change, Forced Facility Outage, Force Majeure Event or other cause, as soon as reasonably possible, but no later than one (1) hour prior to the deadline for submitting Schedules to the CAISO in accordance with the rules for participation in the Real-Time Market.
If the Available Generating Capacity, or hourly expected Facility Energy changes by at least one (1) MW as of a time that is less than one (1) hour prior to the Real-Time Market deadline, but before such deadline, then Seller must notify Buyer or its Scheduling Coordinator as soon as reasonably possible. Such Real-Time Forecasts of Facility Energy shall contain information regarding the beginning date and time of the event resulting in the change in Available Generating Capacity, or hourly expected Facility Energy, as applicable, the expected end date and time of such event, and any other information required by the CAISO or reasonably requested by Buyer. These Real-Time Forecasts shall be communicated in a method acceptable to Buyer or its Scheduling Coordinator; provided that Buyer or its Scheduling Coordinator specifies the method no later than five (5) Business Days prior to the effective date of such requirement. In the event Buyer or its Scheduling Coordinator fails to provide Notice of an acceptable method for communications under this Section 4.3(d), then Seller shall send such communications by telephone and email to Buyer or its Scheduling Coordinator. At Buyer’s request, Seller shall arrange for Buyer to be provided real-time data via an interface with the Facility’s plant information system or equivalent (i) with respect to the Available Generating Capacity, and (ii) with respect to hourly expected Facility Energy quantities. Buyer shall be notified if, past the deadlines for Day-Ahead Forecasts provided in Section 4.3(c), there are change(s) in such Day-Ahead Forecasts of one (1) MW or (1) MWh per hour or more, as applicable, in (A) Available Generating Capacity or (B) hourly expected Facility Energy, in each case, whether due to Forced Facility Outage, Transmission System Outage, Force Majeure or other cause including (as appropriate) information regarding the beginning date and time of the event resulting in the change in Available Generating Capacity or hourly expected Facility Energy, as applicable, the expected end date and time of such event, and any other information required by the CAISO or reasonably requested by Buyer. (e) Forced Facility Outages. Notwithstanding anything to the contrary herein, Seller shall notify the Scheduling Coordinator of Forced Facility Outages promptly but no later than the time periods required by the CAISO Tariff and the CAISO’s outage management rules and Seller shall keep the Scheduling Coordinator informed of any developments that will affect either the duration of the outage or the availability of the Facility during or after the end of the outage.
AI#09_Att. A: Draft Power Purchase Agreement with Mayacma Geothermal, LLC 32 115678033.2 0065872-00007
(f) Forecasting Penalties. Subject to a Force Majeure Event, in the event Seller does not provide the notification required in Section 4.3(e) and Buyer incurs a loss or penalty resulting from its scheduling activities with respect to Facility Energy due to the failure of Seller to provide such notification, Seller shall be responsible for a Forecasting Penalty. Settlement of Forecasting Penalties shall occur as set forth in Article 8 of this Agreement. (g) CAISO Tariff Requirements. To the extent such obligations are applicable to the Facility, Seller will comply with all applicable obligations for Variable Energy Resources under the CAISO Tariff and the Eligible Intermittent Resource Protocol, including providing appropriate operational data and meteorological data, and will fully cooperate with Buyer, Buyer’s SC, and CAISO, in providing all data, information, and authorizations required thereunder.
4.4 Dispatch Down/Curtailment.
(a) General. Seller agrees to reduce the amount of Facility Energy, by the amount and for the period set forth in any Curtailment Order, Buyer Curtailment Order, or notice received from CAISO in respect of a Buyer Bid Curtailment, provided that Seller is not required to reduce such amount to the extent it would be inconsistent with the limitations of the Facility set out in the Operating Restrictions.
(b) Buyer Curtailment. Buyer shall have the right to order Seller to curtail deliveries of Facility Energy through Buyer Curtailment Orders, provided that Buyer shall pay Seller for all Deemed Delivered Energy associated with a Buyer Curtailment Period in excess of the Curtailment Cap at the Contract Price, in accordance with Exhibit C. (c) Failure to Comply. Subject to Section 4.4(a), if Seller fails to comply with a Buyer Curtailment Order, Buyer Bid Curtailment or Curtailment Order, then, for each MWh of Facility Energy that is delivered by the Facility to the Delivery Point in contradiction to the Buyer Curtailment Order, Buyer Bid Curtailment or Curtailment Order, Seller shall pay Buyer for each such MWh at an amount equal to the sum of (A) + (B) + (C), where: (A) is the amount, if any, paid to Seller by Buyer for delivery of such excess MWh and, (B) is the sum, for all Settlement Intervals with a Negative LMP during the Buyer Curtailment Period or Curtailment Period, of the absolute value of the product of (i) such excess MWh in each such Settlement Interval and (ii) the Negative LMP for such Settlement Interval, and (C) is any penalties assessed to Buyer by the CAISO or other charges assessed by the CAISO resulting from Seller’s failure to comply with the Buyer Curtailment Order, Buyer Bid Curtailment or Curtailment Order. (d) Seller Equipment Required for Curtailment Instruction Communications.
Subject to the last sentence of this Section 4.4(d), Seller shall acquire, install, and maintain such facilities, communications links and other equipment, and implement such protocols and practices, as necessary to respond and follow instructions, including an electronic signal conveying real time and intra-day instructions, to operate the Facility in accordance with this Agreement or a Governmental Authority, including to implement a Buyer Curtailment Order, Buyer Bid Curtailment or Curtailment Order in accordance with the then-current methodology used to transmit such instructions as it may change from time to time. If at any time during the Delivery Term Seller’s facilities, communications links or other equipment, protocols or practices are not AI#09_Att. A: Draft Power Purchase Agreement with Mayacma Geothermal, LLC 33 115678033.2 0065872-00007
in compliance with then-current methodologies, Seller shall take the steps necessary to become compliant as soon as reasonably possible. Seller shall be liable pursuant to Section 4.4(c) for failure to comply with a Buyer Curtailment Order, Buyer Bid Curtailment or Curtailment Order, during the time that Seller’s facilities, communications links or other equipment, protocols or practices are not in compliance with then-current methodologies. For the avoidance of doubt, a Buyer Curtailment Order, Buyer Bid Curtailment or Curtailment Order communication via such systems and facilities shall have the same force and effect on Seller as any other form of communication.
If Seller is directed by Buyer to install or implement facilities, communications links or other equipment, protocols or practices facilities pursuant to this Section 4.4(d) that are not otherwise required for the Facility pursuant to the CAISO Tariff, then the installation or implementation of such facilities, communications links or other equipment, protocols or practices facilities will be deemed Compliance Actions subject to the Compliance Expenditure Cap as set forth in Section
3.12. 4.5 Station Use. Seller will be responsible for procuring and paying for all Station Use. Station Use will be provided by the Facility, other renewable resources installed by Seller, or retail service from the applicable utility. Seller shall indemnify and hold harmless Buyer from any and all costs, penalties, charges or other adverse consequences that result from Facility Energy supplied for Station Use.
4.6 Reduction in Delivery Obligation. For the avoidance of doubt, and in no way limiting Section 3.1 or Exhibit G:
(a) Facility Maintenance. Seller shall provide to Buyer written schedules for scheduled maintenance for the Facility for each Contract Year no later than thirty (30) days prior to the first day of the applicable Contract Year. Buyer may provide comments no later than ten (10) Business Days after receiving any such schedule, and Seller will in good faith take into account any such comments. Seller will deliver to Buyer the final updated schedule of scheduled maintenance no later than ten (10) Business Days after receiving Buyer’s comments. Subject to the foregoing, and except as otherwise agreed by the Parties in writing, Seller shall be permitted to reduce deliveries of Product during any such period of scheduled maintenance on the Facility so long as (i) such reduction in deliveries for scheduled maintenance does not conflict with the availability requirements required pursuant to CPUC D.21-06-035, OP 6, and (ii) between June 1st and September 30th, Seller shall not schedule non-emergency maintenance that reduces the Energy generation of the Facility by more than ten percent (10%), unless (A) such outage is required to avoid damage to the Facility, (B) such maintenance is necessary to maintain equipment warranties and cannot be scheduled outside the period of June 1st to September 30th, (C) such outage is required in accordance with Prudent Operating Practice, and (D) the Parties mutually agree otherwise in writing (each of the foregoing, a “Planned Outage”). (b) Forced Facility Outage. Seller shall be permitted to reduce deliveries of Product during any Forced Facility Outage. Seller shall provide Buyer with Notice and expected duration (if known) of any Forced Facility Outage.
(c) System Emergencies and other Interconnection Events. Seller shall be permitted to reduce deliveries of Product during any period of System Emergency, Buyer AI#09_Att. A: Draft Power Purchase Agreement with Mayacma Geothermal, LLC 34 115678033.2 0065872-00007
Curtailment Period or upon Notice of a Curtailment Order pursuant to the terms of this Agreement, the Interconnection Agreement or applicable tariff.
(d) Force Majeure Event. Seller shall be permitted to reduce deliveries of Product during any Force Majeure Event.
(e) Buyer Default. Seller shall be permitted to reduce deliveries of Product during any period in which there is Buyer Default.
(f) Health and Safety. Seller shall be permitted to reduce deliveries of Product as necessary to maintain health and safety pursuant to Section 6.2.
4.7 Guaranteed Energy Production. Seller shall be required to deliver to Buyer no less than the Guaranteed Energy Production in each Performance Measurement Period. Seller shall be excused from achieving the Guaranteed Energy Production during any Performance Measurement Period only to the extent of any Force Majeure Events, System Emergency, Transformer Failure, Buyer’s Default or other failure to perform, Curtailment Periods, or Buyer Curtailment Periods. For purposes of determining whether Seller has achieved the Guaranteed Energy Production, in addition to the Facility Energy and Replacement Product delivered by Seller during the applicable Performance Measurement Period, Seller shall be deemed to have delivered to Buyer (1) any Deemed Delivered Energy and (2) Energy in the amount it could reasonably have delivered to Buyer but was prevented from delivering to Buyer by reason of any Force Majeure Events, System Emergency, Transformer Failure, Buyer Default, and Curtailment Periods (“Lost Output”). If Seller fails to achieve the Guaranteed Energy Production amount in any Performance Measurement Period, Seller shall pay Buyer damages calculated in accordance with Exhibit G.
4.8 WREGIS. Seller shall, at its sole cost and expense, take all actions and execute all documents or instruments necessary to ensure that all WREGIS Certificates associated with all Renewable Energy Credits corresponding to all Facility Energy are issued and tracked for purposes of satisfying the requirements of the California Renewables Portfolio Standard and transferred in a timely manner to Buyer for Buyer’s sole benefit. Seller shall transfer the Renewable Energy Credits to Buyer. Seller shall comply with all Laws, including the WREGIS reporting protocols and the WREGIS Operating Rules, regarding the certification and transfer of such WREGIS Certificates to Buyer and Buyer shall be given sole title to all such WREGIS Certificates. Seller shall be deemed to have satisfied its warranty under Section 3.11(c) to the extent Seller fulfills its obligations under Section 4.8(a) through (f). In addition:
(a) Prior to the Commercial Operation Date, Seller shall register the Facility with WREGIS and establish an account with WREGIS (“Seller’s WREGIS Account”), which Seller shall maintain until the end of the Delivery Term. Seller shall transfer the WREGIS Certificates using “Forward Certificate Transfers” (as described in the WREGIS Operating Rules) from Seller’s WREGIS Account to the WREGIS account(s) of Buyer or the account(s) of a designee that Buyer identifies by Notice to Seller (“Buyer’s WREGIS Account”). Seller shall be responsible for all expenses associated with registering the Facility with WREGIS, establishing and maintaining Seller’s WREGIS Account, paying WREGIS Certificate issuance and transfer fees, and transferring WREGIS Certificates from Seller’s WREGIS Account to Buyer’s WREGIS Account.
AI#09_Att. A: Draft Power Purchase Agreement with Mayacma Geothermal, LLC 35 115678033.2 0065872-00007
(b) Seller shall cause Forward Certificate Transfers to occur on a monthly basis in accordance with the certification procedure established by the WREGIS Operating Rules. Since WREGIS Certificates will only be created for whole MWh amounts of Facility Energy generated, any fractional MWh amounts (i.e., kWh) will be carried forward until sufficient generation is accumulated for the creation of a WREGIS Certificate.
(c) Seller shall, at its sole expense, ensure that the WREGIS Certificates for a given calendar month correspond with the Facility Energy for such calendar month as evidenced by the Facility’s metered data.
(d) Due to the ninety (90) day delay in the creation of WREGIS Certificates relative to the timing of invoice payment under Section 8.2, Buyer shall make an invoice payment for a given month in accordance with Section 8.2 before the WREGIS Certificates for such month are formally transferred to Buyer in accordance with the WREGIS Operating Rules and this Section 4.8. Notwithstanding this delay, Buyer shall have all right and title to all such WREGIS Certificates upon payment to Seller in accordance with Section 8.2. (e) A “WREGIS Certificate Deficit” means any deficit or shortfall in WREGIS Certificates delivered to Buyer for a calendar month as compared to the Facility Energy invoiced by Seller to Buyer for the same calendar month (“Deficient Month”) caused by an error or omission of Seller. If any WREGIS Certificate Deficit is caused, or the result of any action or inaction by Seller, then the amount of Energy in the Deficient Month shall be reduced by the amount of the WREGIS Certificate Deficit for purposes of calculating Buyer’s payment to Seller under Article 8 and the Guaranteed Energy Production for the applicable Performance Measurement Period; provided, however, that such adjustment shall not apply to the extent that Seller either (x) resolves the WREGIS Certificate Deficit within ninety (90) days after the Deficient Month or (y) provides Replacement Product (as defined in Exhibit G) delivered to NP 15 EZ Gen Hub as Scheduled Energy within ninety (90) days after the Deficient Month (i) upon a schedule reasonably acceptable to Buyer and (ii) provided that such deliveries do not impose additional costs upon Buyer for which Seller refuses to provide reimbursement. Without limiting Seller’s obligations under this Section 4.8, if a WREGIS Certificate Deficit is caused solely by an error or omission of WREGIS, the Parties shall cooperate in good faith to cause WREGIS to correct its error or omission.
(f) If WREGIS changes the WREGIS Operating Rules after the Effective Date or applies the WREGIS Operating Rules in a manner inconsistent with this Section 4.8 after the Effective Date, the Parties promptly shall modify this Section 4.8 as reasonably required to cause and enable Seller to transfer to Buyer’s WREGIS Account a quantity of WREGIS Certificates for each given calendar month that corresponds to the Facility Energy in the same calendar month.
4.9 Green-e Certification. Seller shall execute all documents or instruments reasonably required by Buyer in order for the Facility to be eligible for Green-E certification.
4.10 Interconnection Capacity. Seller shall be responsible for all costs of interconnecting the Facility to the Transmission System. Seller shall ensure during the Test Energy period and throughout the Delivery Term that (a) the Facility will have and maintain interconnection capacity available or allocable to the Facility under the Interconnection Agreement AI#09_Att. A: Draft Power Purchase Agreement with Mayacma Geothermal, LLC 36 115678033.2 0065872-00007
that is no less than the Guaranteed Capacity and (b) Seller shall have sufficient interconnection capacity and rights under the Interconnection Agreement to interconnect the Facility with the CAISO Grid and to allow Buyer to dispatch the Facility in accordance with the CAISO Tariff and as contemplated under this Agreement, including with respect to Resource Adequacy, and to allow Buyer’s dispatch rights of the Facility to be fully reflected in the CAISO’s market optimization and not result in CAISO market awards that are not physically feasible (collectively, the “Dedicated Interconnection Capacity”). Buyer shall be entitled to all rights and benefits associated with the Dedicated Interconnection Capacity, including any associated deliverability rights. Seller shall hold Buyer harmless from any penalties, imbalance energy charges, or other costs from CAISO or under the Agreement resulting from Seller’s inability to provide the Dedicated Interconnection Capacity.
4.11 Ancillary Services. If, at any time during the Delivery Term, Buyer requests Seller to provide Ancillary Services that, are not currently available as of the Effective Date, but which may become recognized at a future date in the CAISO market (such as reactive power), and Seller is able to provide any such Product from the Facility without material adverse effect (including any obligation to incur more than de minimis costs or liabilities) on Seller or the Facility or Seller’s obligations or liabilities under this Agreement, then Seller shall use commercially reasonable efforts to coordinate with Buyer to provide such Product. If provision of any such new Product would have a material adverse effect (including any obligation to incur more than de minimis costs or liabilities) on Seller or the Facility or Seller’s obligations or liabilities under this Agreement, then Seller shall be obligated to provide such Product only if the Parties first execute an amendment to the Agreement with respect to such Product that reasonably addresses such material adverse effects. For the avoidance of doubt, provision of any Ancillary Services that results in an uncompensated reduction to the Facility Energy shall be deemed a material adverse effect on Seller’s obligations or liabilities under this Agreement.
ARTICLE 5
TAXES
5.1 Allocation of Taxes and Charges. Seller shall pay or cause to be paid all Taxes on or with respect to the Facility or on or with respect to the sale and making available of Product to Buyer, that are imposed on Product prior to its delivery to Buyer at the time and place contemplated under this Agreement. Buyer shall pay or cause to be paid all Taxes on or with respect to the delivery to and purchase by Buyer of Product that are imposed on Product at and after its delivery to Buyer at the time and place contemplated under this Agreement (other than withholding or other Taxes imposed on Seller’s income, revenue, receipts or employees), if any.
If a Party is required to remit or pay Taxes that are the other Party’s responsibility hereunder, such Party shall promptly pay the Taxes due and then seek and receive reimbursement from the other for such Taxes. In the event any sale of Product hereunder is exempt from or not subject to any particular Tax, Buyer shall provide Seller with all necessary documentation to evidence such exemption or exclusion within thirty (30) days after the Effective Date or Seller’s request, as the case may be. If Buyer does not provide such documentation, then Buyer shall indemnify, defend, and hold Seller harmless from any liability with respect to Taxes from which Buyer claims it is exempt.
AI#09_Att. A: Draft Power Purchase Agreement with Mayacma Geothermal, LLC 37 115678033.2 0065872-00007
5.2 Cooperation. Each Party shall use reasonable efforts to implement the provisions of and administer this Agreement in accordance with the intent of the Parties to minimize all Taxes, so long as no Party is materially adversely affected by such efforts. The Parties shall cooperate to minimize Tax exposure; provided, however, that neither Party shall be obligated to incur any financial or operational burden to reduce Taxes for which the other Party is responsible hereunder without receiving due compensation therefor from the other Party. All Product delivered by Seller to Buyer hereunder shall be a sale made at wholesale, with Buyer reselling such Product.
ARTICLE 6
MAINTENANCE OF THE FACILITY
6.1 Maintenance of the Facility. Seller shall comply with Law and Prudent Operating Practice relating to the operation and maintenance of the Facility and the generation and sale of Product.
6.2 Maintenance of Health and Safety. Seller shall take reasonable safety precautions with respect to the operation, maintenance, repair and replacement of the Facility. If Seller becomes aware of any circumstances relating to the Facility that create an imminent risk of damage or injury to any Person or any Person’s property, Seller shall take prompt, reasonable action to prevent such damage or injury and shall give Notice to Buyer’s emergency contact identified on Exhibit N of such condition. Such action may include, to the extent reasonably necessary, disconnecting and removing all or a portion of the Facility, or suspending the supply of Facility Energy to Buyer.
6.3 Shared Facilities. The Parties acknowledge and agree that the Facility is a phased portion of a geothermal resource, and as a result, certain of the Shared Facilities and Interconnection Facilities (including a transformer, substation and associated equipment and real property), and Seller’s rights and obligations under the Interconnection Agreement, may be subject to certain shared facilities or co-tenancy agreements (“Shared Facilities Agreements”) to be entered into among Seller, the Participating Transmission Owner, Seller’s Affiliates, or third parties pursuant to which certain Interconnection Facilities may be subject to joint ownership and shared maintenance and operation arrangements; provided that such Shared Facilities Agreements (i) shall permit Seller to perform or satisfy, and shall not purport to limit, its obligations hereunder, including providing the Dedicated Interconnection Capacity, (ii) continue to provide for separate metering and a separate Resource ID for the Facility, and (iii) shall not allow any Affiliate of Seller or third party to use the Dedicated Interconnection Capacity if such use would have an adverse impact on Buyer’s dispatch rights of the Facility. Seller shall hold Buyer harmless from any penalties, imbalance energy charges, or other costs or losses from CAISO or under the Agreement resulting from a third party’s use of the Dedicated Interconnection Capacity.
ARTICLE 7
METERING
7.1 Metering. Seller shall measure the amount of Facility Energy using the Facility Meter. All meters will be operated pursuant to applicable CAISO-approved calculation methodologies and maintained as Seller’s cost. Subject to meeting any applicable CAISO requirements, the Facility Meter shall be programmed to adjust for Electrical Losses and Station AI#09_Att. A: Draft Power Purchase Agreement with Mayacma Geothermal, LLC 38 115678033.2 0065872-00007
Use from the Facility to the Delivery Point in a manner subject to Buyer’s prior written approval, not to be unreasonably withheld. Metering will be consistent with the Metering Diagram to be set forth as Exhibit P, an updated version of which shall be provided by Seller to Buyer at least thirty (30) days prior to Commercial Operation. Each meter shall be kept under seal, such seals to be broken only when the meters are to be tested, adjusted, modified or relocated. In the event Seller breaks a seal, Seller shall notify Buyer as soon as practicable. In addition, Seller hereby agrees to provide all meter data to Buyer in a form reasonably acceptable to Buyer, and consents to Buyer obtaining from CAISO the CAISO meter data directly relating to the Facility and all inspection, testing and calibration data and reports. Seller and Buyer, or Buyer’s Scheduling Coordinator, shall cooperate to allow both Parties to retrieve the meter reads from the CAISO Operational Meter Analysis and Reporting (OMAR) web or directly from the CAISO meter(s) at the Facility.
7.2 Meter Verification. If Buyer or Seller has reason to believe there may be a meter malfunction, Seller shall test the meter. In addition, upon Buyer’s reasonable request, Seller shall test the meter on an annual basis. The tests shall be conducted by independent third parties qualified to conduct such tests. Buyer shall be notified seven (7) days in advance of such tests and have a right to be present during such tests. If a meter is inaccurate, it shall be promptly repaired or replaced. If a meter is inaccurate by more than one percent (1%) and it is not known when the meter inaccuracy commenced (if such evidence exists such date will be used to adjust prior invoices), then the invoices covering the period of time since the last meter test shall be adjusted for the amount of the inaccuracy on the assumption that the inaccuracy persisted during one-half of such period so long as such adjustments are accepted by CAISO and WREGIS; provided, such period may not exceed twelve (12) months.
ARTICLE 8
INVOICING AND PAYMENT; CREDIT
8.1 Invoicing. Seller shall use commercially reasonable efforts to deliver an invoice to Buyer for Product no later than ten (10) Business Days after the end of the prior monthly delivery period. Each invoice shall reflect (a) records of metered data, including CAISO metering and transaction data sufficient to document and verify the amount of Product delivered by the Facility for any Settlement Period during the preceding month, including the amount of Facility Energy produced by the Facility as read by the Facility Meter, the amount of Replacement RA and Replacement Product delivered to Buyer (if any), the calculation of Facility Energy, Deemed Delivered Energy, Lost Output, and Adjusted Energy Production, the LMP prices at the Delivery Point for each Settlement Period, and the Contract Price applicable to such Product in accordance with Exhibit C (such amounts, the “Monthly Product Payments”); (b) access to any records, including invoices or settlement data from the CAISO, necessary to verify the accuracy of any amount and the Monthly Product Payments; and (c) be in a format reasonably specified by Buyer, covering the services provided in the preceding month determined in accordance with the applicable provisions of this Agreement. Buyer shall, and shall cause its Scheduling Coordinator to, provide Buyer with all reasonable access (including, in real time, to the maximum extent reasonably possible) to any records, including invoices or settlement data from the CAISO, forecast data and other information, all as may be necessary from time to time for Seller to prepare and verify the accuracy of all invoices.
8.2 Payment. Buyer shall make payment to Seller of Monthly Product Payments for AI#09_Att. A: Draft Power Purchase Agreement with Mayacma Geothermal, LLC 39 115678033.2 0065872-00007
Product (and any other amounts) by wire transfer or ACH payment to the bank account designated by Seller in Exhibit N, which may be updated by Seller by Notice hereunder; provided, however, that changes to invoice, payment, wire transfer and other banking information in the Agreement must be made in writing and delivered via certified mail and shall include contact information for an authorized person who is available by telephone to verify the authenticity of such requested changes to the Agreement. Buyer shall pay undisputed invoice amounts within thirty (30) days after Buyer’s receipt of Seller’s invoice, or the end of the prior monthly billing period, whichever is later. If such due date falls on a weekend or legal holiday, such due date shall be the next Business Day. Payments made after the due date will be considered late and will bear interest on the unpaid balance. If the amount due is not paid on or before the due date or if any other payment that is due and owing from one Party to another is not paid on or before its applicable due date, a late payment charge shall be applied to the unpaid balance and shall be added to the next billing statement. Such late payment charge shall be calculated based on the annualized prime rate published on the date of the invoice in The Wall Street Journal or, if The Wall Street Journal is not published on that day, the nextsucceeding date of publication, plus two percent (2%) (the “Interest Rate”). If the due date occurs on a day that is not a Business Day, the late payment charge shall begin to accrue on the next succeeding Business Day.
8.3 Books and Records. To facilitate payment and verification, each Party shall maintain all books and records necessary for billing and payments, including copies of all invoices under this Agreement, for a period of at least two (2) years or as otherwise required by Law. Upon ten (10) Business Days’ Notice to the other Party, either Party shall be granted reasonable access to the accounting books and records within the possession or control of the other Party pertaining to all invoices generated pursuant to this Agreement. Seller acknowledges that in accordance with California Government Code Section 8546.7, Seller may be subject to audit by the California State Auditor with regard to Seller’s performance of this Agreement because the compensation under this Agreement exceeds Ten Thousand Dollars ($10,000).
8.4 Payment Adjustments; Billing Errors. Payment adjustments shall be made if Buyer or Seller discovers there have been good faith inaccuracies in invoicing that are not otherwise disputed under Section 8.5, an adjustment to an amount previously invoiced or paid is required due to a correction of data by the CAISO, or there is determined to have been a meter inaccuracy sufficient to require a payment adjustment; provided, however, that except to the extent recognized by and resulting in an adjustment by CAISO, there shall be no adjustments to prior invoices based upon meter inaccuracies. If the required adjustment is in favor of Buyer, Buyer’s next monthly payment shall be credited in an amount equal to the adjustment. If the required adjustment is in favor of Seller, Seller shall add the adjustment amount to Buyer’s next monthly invoice. Adjustments in favor of either Buyer or Seller shall bear interest, until settled in full, in accordance with Section 8.2, accruing from the date on which the adjusted amount should have been due. Unless otherwise agreed by the Parties, no adjustment of invoices shall be permitted after twenty-four (24) months from the date of the invoice.
8.5 Billing Disputes. A Party may, in good faith, dispute the correctness of any invoice or any adjustment to an invoice rendered under this Agreement or adjust any invoice for any arithmetic or computational error within twelve (12) months of the date the invoice, or adjustment to an invoice, was rendered. In the event an invoice or portion thereof, or any other claim or adjustment arising hereunder, is disputed, payment of the undisputed portion of the invoice shall AI#09_Att. A: Draft Power Purchase Agreement with Mayacma Geothermal, LLC 40 115678033.2 0065872-00007
be required to be made when due. Any invoice dispute or invoice adjustment shall be in writing and shall state the basis for the dispute or adjustment. Payment of the disputed amount shall not be required until the dispute is resolved. Upon resolution of the dispute, any required payment shall be made within five (5) Business Days of such resolution along with interest accrued at the Interest Rate from and including the original due date to but excluding the date paid. Inadvertent overpayments shall be returned upon request or via adjustments in accordance with Section 8.4.
Any dispute with respect to an invoice is waived if the other Party is not notified in accordance with this Section 8.5 within twelve (12) months after the invoice is rendered or subsequently adjusted, except to the extent any misinformation was from a third party not affiliated with the Party seeking the adjustment and such third party corrects its information after the twelve-month period. If an invoice is not rendered within twelve (12) months after the close of the month during which performance occurred, the right to payment for such performance is waived.
8.6 Netting of Payments. The Parties hereby agree that they shall discharge mutual debts and payment obligations due and owing to each other on the same date through netting, in which case all amounts owed by each Party to the other Party for the purchase and sale of Product during the monthly billing period under this Agreement or otherwise arising out of this Agreement, including any related damages calculated pursuant to Exhibit B, interest, and payments or credits, shall be netted so that only the excess amount remaining due shall be paid by the Party who owes it.
8.7 Seller’s Development Security. To secure its obligations under this Agreement prior to the Commercial Operation Date, Seller shall deliver the Development Security to Buyer within thirty (30) days after the Effective Date. Seller shall maintain the Development Security in full force and effect and shall within five (5) Business Days after any draw thereon, replenish the Development Security in the event Buyer collects or draw down any portion of the Development Security for any reason permitted under this Agreement, other than to satisfy a Damage Payment or a Termination Payment; provided that Seller will have no obligation to replenish the Development Security in an aggregate amount greater than the limitation of liability set forth in Section 12.3. Except to the extent Seller elects to apply the Development Security to the Performance Security, upon the earlier of (i) Seller’s delivery of the Performance Security, or (ii) sixty (60) days after termination of this Agreement, Buyer shall return the Development Security to Seller, less the amounts drawn in accordance with this Agreement.
8.8 Seller’s Performance Security. To secure its obligations under this Agreement, Seller shall deliver Performance Security to Buyer on or before the Commercial Operation Date.
If the Performance Security is a Guaranty, it shall be substantially in the form set forth in Exhibit L. Seller shall maintain the Performance Security in full force and effect, subject to any draws made by Buyer in accordance with this Agreement, in which event Seller shall within five (5) Business Days after any such draw replenish the Performance Security, until the following have occurred (the “Performance Security End Date”): (a) the Delivery Term has expired or terminated early; and (b) all payment obligations of the Seller arising under this Agreement, including compensation for penalties, Termination Payment, indemnification payments or other damages are paid in full (whether directly or indirectly such as through set-off or netting).
Following the occurrence of the Performance Security End Date, Buyer shall promptly return to Seller the unused portion of the Performance Security.
AI#09_Att. A: Draft Power Purchase Agreement with Mayacma Geothermal, LLC 41 115678033.2 0065872-00007
8.9 First Priority Security Interest in Cash or Cash Equivalent Collateral. To secure its obligations under this Agreement, and until released as provided herein, Seller hereby grants to Buyer a present and continuing first-priority security interest (“Security Interest”) in, and lien on (and right to net against), and assignment of the Development Security, Performance Security, any other cash collateral and cash equivalent collateral posted pursuant to Sections 8.7 and 8.8 and any and all interest thereon or proceeds resulting therefrom or from the liquidation thereof, whether now or hereafter held by, on behalf of, or for the benefit of Buyer, and Seller agrees to take all action as Buyer reasonably requires in order to perfect Buyer’s Security Interest in, and lien on (and right to net against), such collateral and any and all proceeds resulting therefrom or from the liquidation thereof.
Upon or any time after the occurrence and continuance of an Event of Default caused by Seller, an Early Termination Date resulting from an Event of Default caused by Seller, or an occasion provided for in this Agreement where Buyer is authorized to retain all or a portion of the Development Security or Performance Security, Buyer may do any one or more of the following (in each case subject to the final sentence of this Section 8.9):
(a) Exercise any of its rights and remedies with respect to the Development Security and Performance Security, including any such rights and remedies under Law then in effect;
(b) Draw on any outstanding Letter of Credit issued for its benefit and retain any cash held by Buyer as Development Security or Performance Security; and (c) Liquidate all Development Security or Performance Security (as applicable) then held by or for the benefit of Buyer free from any claim or right of any nature whatsoever of Seller, including any equity or right of purchase or redemption by Seller.
Buyer shall apply the proceeds of the collateral realized upon the exercise of any such rights or remedies to reduce Seller’s obligations under this Agreement (Seller remains liable for any amounts owing to Buyer after such application), subject to Buyer’s obligation to return any surplus proceeds remaining after these obligations are satisfied in full.
8.10 Financial Statements. In the event a Guaranty is provided as Performance Security in lieu of cash or a Letter of Credit, Seller shall provide to Buyer, or cause the Guarantor to provide to Buyer, unaudited quarterly and annual audited financial statements of the Guarantor (including a balance sheet and statements of income and cash flows), all prepared in accordance with generally accepted accounting principles in the United States, consistently applied.
ARTICLE 9
NOTICES
9.1 Addresses for the Delivery of Notices. Any Notice required, permitted, or contemplated hereunder shall be in writing, shall be addressed to the Party to be notified at the address set forth on Exhibit N or at such other address or addresses as a Party may designate for itself from time to time by Notice hereunder.
9.2 Acceptable Means of Delivering Notice. Each Notice required, permitted, or AI#09_Att. A: Draft Power Purchase Agreement with Mayacma Geothermal, LLC 42 115678033.2 0065872-00007
contemplated hereunder shall be deemed to have been validly served, given or delivered as follows: (a) if sent by United States mail with proper first class postage prepaid, three (3) Business Days following the date of the postmark on the envelope in which such Notice was deposited in the United States mail; (b) if sent by a regularly scheduled overnight delivery carrier with delivery fees either prepaid or an arrangement with such carrier made for the payment of such fees, the next Business Day after the same is delivered by the sending Party to such carrier; (c) if sent by electronic communication (including electronic mail or other electronic means) , at the time indicated by the time stamp upon delivery, and, if after 5:00 p.m. Pacific Prevailing Time, on the next Business Day; or (d) if delivered in person, upon receipt by the receiving Party.
Notwithstanding the foregoing, Notices of outages or other scheduling or dispatch information or requests, may be sent by electronic communication and shall be considered delivered upon successful completion of such transmission.
ARTICLE 10
FORCE MAJEURE
10.1 Definition.
(a) “Force Majeure Event” means any act or event that delays or prevents a Party from timely performing all or a portion of its obligations under this Agreement or from complying with all or a portion of the conditions under this Agreement if such act or event, despite the exercise of reasonable efforts, cannot be avoided by and is beyond the reasonable control (whether direct or indirect) of and without the fault or negligence of the Party relying thereon as justification for such delay, nonperformance, or noncompliance. (b) Without limiting the generality of the foregoing, so long as the following events otherwise satisfy the requirements of a Force Majeure Event as defined above, a Force Majeure Event may include an act of God or the elements, such as flooding, lightning, hurricanes, tornadoes, or ice storms; explosion; fire; volcanic eruption; flood; epidemic or pandemic, including in connection with efforts occurring after the Effective Date to combat the epidemic disease designated COVID-19 and the related virus designated SARS-CoV-2 and any mutations thereof (“COVID-19”); landslide; mudslide; sabotage; terrorism; earthquake; or other cataclysmic events; an act of public enemy; war; blockade; civil insurrection; riot; civil disturbance; or strikes or other labor difficulties caused or suffered by a Party or any third party except as set forth below. (c) Notwithstanding the foregoing, the term “Force Majeure Event” does not include (i) economic conditions that render a Party’s performance of this Agreement at the Contract Price unprofitable or otherwise uneconomic (including an increase in component costs for any reason, including foreign or domestic tariffs, Buyer’s ability to buy electric energy or any other Product at a lower price, or Seller’s ability to sell the Product, or any component thereof, at a higher price, than under this Agreement); (ii) Seller’s inability to obtain permits or approvals of any type for the construction, operation, or maintenance of the Facility, except to the extent such inability is caused by a Force Majeure Event; (iii) the inability of a Party to make payments when due under this Agreement, unless the cause of such inability is an event that would otherwise constitute a Force Majeure Event as described above that disables physical or electronic facilities necessary to transfer funds to the payee Party; (iv) a Curtailment Period, unless such Curtailment Period is caused by a Force Majeure Event; (v) Seller’s inability to obtain sufficient labor, AI#09_Att. A: Draft Power Purchase Agreement with Mayacma Geothermal, LLC 43 115678033.2 0065872-00007
equipment, materials, or other resources to build or operate the Facility except to the extent such inability is caused by a Force Majeure Event; or (vi) any equipment failure except if such equipment failure is caused by a Force Majeure Event.
10.2 No Liability If a Force Majeure Event Occurs. Neither Seller nor Buyer shall be liable to the other Party in the event it is prevented from performing its obligations hereunder in whole or in part due to a Force Majeure Event. The Party rendered unable to fulfill any obligation by reason of a Force Majeure Event shall take reasonable actions necessary to remove such inability. Nothing herein shall be construed as permitting that Party to continue to fail to perform after said cause has been removed. Neither Party shall be considered in breach or default of this Agreement if and to the extent that any failure or delay in the Party’s performance of one or more of its obligations hereunder is caused by a Force Majeure Event. Notwithstanding the foregoing, the occurrence and continuation of a Force Majeure Event shall not (a) suspend or excuse the obligation of a Party to make any payments due hereunder, (b) suspend or excuse the obligation of Seller to achieve the Guaranteed Construction Start Date or the Guaranteed Commercial Operation Date beyond the extensions provided in Exhibit B, or (c) limit Buyer’s right to declare an Event of Default pursuant to Section 11.1(b)(ii) or Section 11.1(b)(iv) and receive a Damage Payment upon exercise of Buyer’s rights pursuant to Section 11.2.
10.3 Notice. Within five (5) Business Days of knowledge of commencement of a Force Majeure Event, the non-performing Party shall provide the other Party with oral notice of the event of Force Majeure, and within two (2) weeks of the commencement of the Force Majeure Event the non-performing Party shall provide the other Party with Notice in the form of a letter describing in detail the particulars of the occurrence giving rise to the Force Majeure claim. Failure to provide timely Notice as described in the preceding sentence constitutes a waiver of a Force Majeure claim for all periods of time prior to delivery of such notice. The suspension of performance due to a claim of Force Majeure must be of no greater scope and of no longer duration than is required by the Force Majeure.
10.4 Termination Following Force Majeure Event. If a Force Majeure Event has occurred after the Commercial Operation Date that has caused either Party to be wholly or partially unable to perform its obligations hereunder, and the impacted Party has claimed and received relief from performance of its obligations for a consecutive twelve (12) month period, then the non-claiming Party may terminate this Agreement upon written Notice to the other Party with respect to the Facility experiencing the Force Majeure Event. Upon any such termination, neither Party shall have any liability to the other Party, save and except for those obligations specified in Section
2.1(b), and Buyer shall promptly return to Seller any Development Security or Performance Security then held by Buyer, less any amounts drawn in accordance with this Agreement.
ARTICLE 11
DEFAULTS; REMEDIES; TERMINATION
11.1 Events of Default. An “Event of Default” shall mean, (a) with respect to a Party (the “Defaulting Party”) that is subject to the Event of Default the occurrence of any of the following:
AI#09_Att. A: Draft Power Purchase Agreement with Mayacma Geothermal, LLC 44 115678033.2 0065872-00007
(i) the failure by such Party to make, when due, any payment required pursuant to this Agreement and such failure is not remedied within ten (10) Business Days after Notice thereof;
(ii) any representation or warranty made by such Party herein is false or misleading in any material respect when made or when deemed made or repeated, and such default is not remedied within thirty (30) days after Notice thereof (or such longer additional period, not to exceed an additional sixty (60) days, if the Defaulting Party is unable to remedy such default within such initial thirty (30) days period despite exercising commercially reasonable efforts); (iii) the failure by such Party to perform any material covenant or obligation set forth in this Agreement (except to the extent constituting a separate Event of Default set forth in this Section 11.1) and such failure is not remedied within thirty (30) days after Notice thereof (or such longer additional period, not to exceed an additional ninety (90) days, if the Defaulting Party is unable to remedy such default within such initial thirty (30) days period despite exercising commercially reasonable efforts);
(iv) such Party becomes Bankrupt;
(v) such Party assigns this Agreement or any of its rights hereunder other than in compliance with Section 14.2 or 14.3, as applicable; or (vi) such Party consolidates or amalgamates with, or merges with or into, or transfers all or substantially all of its assets to, another entity and, at the time of such consolidation, amalgamation, merger or transfer, the resulting, surviving or transferee entity fails to assume all the obligations of such Party under this Agreement to which it or its predecessor was a party by operation of Law or pursuant to an agreement reasonably satisfactory to the other Party. (b) with respect to Seller as the Defaulting Party, the occurrence of any of the following:
(i) if at any time during the Delivery Term, Seller delivers or attempts to deliver electric energy to the Delivery Point for sale under this Agreement that was not generated by the Facility, except for Replacement Product;
(ii) the failure by Seller to achieve Commercial Operation within days after the Guaranteed Commercial Operation Date, as such date may be extended by a Development Cure Period pursuant to Section 3 of Exhibit B; (iii) if not remedied within ten (10) days after Notice thereof, the failure by Seller to deliver a Remedial Action Plan on the timeframe set forth under Section 2.4; (iv) the failure by Seller to achieve Construction Start within days after the Guaranteed Construction Start Date, as such date may be extended by a Development Cure Period pursuant to Section 3 of Exhibit B; (v) if, in any consecutive six (6) month period after the Commercial Operation Date, the Adjusted Energy Production amount (calculated in accordance with Exhibit G) AI#09_Att. A: Draft Power Purchase Agreement with Mayacma Geothermal, LLC 45 115678033.2 0065872-00007
for such period is not at least ten percent (10%) of the Expected Energy amount for such period, and Seller fails to either (x) demonstrate to Buyer’s reasonable satisfaction, within ten (10) Business Days after Notice from Buyer, a legitimate reason (which may include a Force Majeure Event or Transformer Failure) for the failure to meet the ten percent (10%) minimum; or (y) deliver to Buyer within fifteen (15) Business Days after Notice from Buyer a plan or report developed by Seller that describes the cause of the failure to meet the ten percent (10%) and the actions that Seller has taken, is taking, or proposes to take in an effort to cure such condition along with the written confirmation of a Licensed Professional Engineer that such plan or report is in accordance with Prudent Operating Practices and capable of cure within a reasonable period of time, not to exceed one hundred eighty (180) days;
(vi) if, beginning in the second Contract Year, the Adjusted Energy Production amount is not at least of the total Expected Energy amount for such Contract Year; provided that if the cause of any such shortfall is a Transformer Failure, and such failure was not caused by Seller and could not have been avoided through the exercise of Prudent Operating Practice, then the energy not generated and delivered during such failure will be treated as Lost Output solely for purposes of this subsection, for a cumulative period not to exceed one-hundred eighty (180) days during such Contract Year; (vii) if, in any two (2) consecutive Contract Year period during the Delivery Term, the Adjusted Energy Production amount is not at least of the total Expected Energy amount for such period; provided that if the cause of any such shortfall is a Transformer Failure, and such failure was not caused by Seller and could not have been avoided through the exercise of Prudent Operating Practice, then the energy not generated and delivered during such failure will be treated as Lost Output solely for purposes of this subsection, for a cumulative period not to exceed one-hundred eighty (180) days during such Contract Year; (viii) failure by Seller to satisfy the collateral requirements pursuant to Sections 8.7 or 8.8 within five (5) Business Days after Notice and expiration of the cure periods set forth therein, including the failure to replenish the Development Security or Performance Security amount in accordance with this Agreement in the event Buyer draws against either for any reason other than to satisfy a Damage Payment or a Termination Payment; (ix) with respect to any Guaranty provided for the benefit of Buyer, the failure by Seller to provide for the benefit of Buyer either (1) cash, (2) a replacement Guaranty from a different Guarantor meeting the criteria set forth in the definition of Guarantor, or (3) a replacement Letter of Credit from an issuer meeting the criteria set forth in the definition of Letter of Credit, in each case, in the amount required hereunder within ten (10) Business Days after Seller receives Notice of the occurrence of any of the following events:
(A) if any representation or warranty made by the Guarantor in connection with this Agreement is false or misleading in any material respect when made or when deemed made or repeated, and such default is not remedied within thirty (30) days after Notice thereof; (B) the failure of the Guarantor to make any payment required or to perform any other material covenant or obligation in any Guaranty; AI#09_Att. A: Draft Power Purchase Agreement with Mayacma Geothermal, LLC 46 115678033.2 0065872-00007
(C) the Guarantor becomes Bankrupt;
(D) the Guarantor shall fail to meet the criteria for an acceptable Guarantor as set forth in the definition of Guarantor;
(E) the failure of the Guaranty to be in full force and effect (other than in accordance with its terms) prior to the indefeasible satisfaction of all obligations of Seller hereunder; or
(F) the Guarantor shall repudiate, disaffirm, disclaim, or reject, in whole or in part, or challenge the validity of any Guaranty; or (x) with respect to any outstanding Letter of Credit provided for the benefit of Buyer that is not then required under this Agreement to be canceled or returned, the failure by Seller to provide for the benefit of Buyer either (1) cash, or (2) a substitute Letter of Credit from a different issuer meeting the criteria set forth in the definition of Letter of Credit, in each case, in the amount required hereunder within ten (10) Business Days after Seller receives Notice of the occurrence of any of the following events:
(A) the issuer of the outstanding Letter of Credit shall fail to maintain a Credit Rating of at least A- by S&P or A3 by Moody’s; (B) the issuer of such Letter of Credit becomes Bankrupt; (C) the issuer of the outstanding Letter of Credit shall fail to comply with or perform its obligations under such Letter of Credit and such failure shall be continuing after the lapse of any applicable grace period permitted under such Letter of Credit;
(D) the issuer of the outstanding Letter of Credit shall fail to honor a properly documented request to draw on such Letter of Credit; (E) the issuer of the outstanding Letter of Credit shall disaffirm, disclaim, repudiate or reject, in whole or in part, or challenge the validity of, such Letter of Credit;
(F) such Letter of Credit fails or ceases to be in full force and effect at any time; or
(G) Seller shall fail to renew or cause the renewal of each outstanding Letter of Credit on a timely basis as provided in the relevant Letter of Credit and as provided in accordance with this Agreement, and in no event less than sixty (60) days prior to the expiration of the outstanding Letter of Credit.
11.2 Remedies; Declaration of Early Termination Date. If an Event of Default with respect to a Defaulting Party shall have occurred and be continuing, the other Party (“Non-Defaulting Party”) shall have the following rights:
AI#09_Att. A: Draft Power Purchase Agreement with Mayacma Geothermal, LLC 47 115678033.2 0065872-00007
(a) to send Notice, designating a day, no earlier than the day such Notice is deemed to be received and no later than twenty (20) days after such Notice is deemed to be received, as an early termination date of this Agreement (“Early Termination Date”) that terminates this Agreement (the “Terminated Transaction”) and ends the Delivery Term effective as of the Early Termination Date;
(b) to accelerate all amounts owing between the Parties, and to collect as liquidated damages (i) the Damage Payment (in the case of an Event of Default by Seller occurring before the Commercial Operation Date under Section 11.1(b)(ii) and Section 11.1(b)(iv)) or (ii) the Termination Payment calculated in accordance with Section 11.3 below (in the case of any other Event of Default by either Party);
(c) to withhold any payments due to the Defaulting Party under this Agreement; (d) to suspend performance; or
(e) to exercise any other right or remedy available at law or in equity, including specific performance or injunctive relief, except to the extent such remedies are expressly limited under this Agreement;
provided, that payment by the Defaulting Party of the Damage Payment or Termination Payment, as applicable, shall constitute liquidated damages and the Non-Defaulting Party’s sole and exclusive remedy for any Terminated Transaction and the Event of Default related thereto.
11.3 Damage Payment; Termination Payment.
(a) For an Early Termination Date designated as a result of a Seller Event of Default prior to the Commercial Operation Date under Section 11.1(b)(ii) or Section 11.1(b)(iv), Buyer shall be entitled to the Damage Payment pursuant to Section 11.2(b)(i), and any interest accrued thereon. Buyer shall be entitled to immediately retain for its own benefit those funds held as Development Security and any interest accrued thereon, and any amount of Development Security that Seller has not yet posted with Buyer shall be immediately due and payable by Seller to Buyer. There will be no amounts owed to Seller. The Parties agree that Buyer’s damages in the event of an Early Termination Date prior to the Commercial Operation Date caused by Seller’s default under Section 11.1(b)(ii) or Section 11.1(b)(iv) would be difficult or impossible to determine and that the damages set forth in this Section 11.3(a) are a reasonable approximation of Buyer’s harm or loss
(b) For all other Events of Default, the termination payment (“Termination Payment”) for a Terminated Transaction shall be the aggregate of all Settlement Amounts plus any or all other amounts due to or from the Non-Defaulting Party (as of the Early Termination Date) netted into a single amount. If the Non-Defaulting Party’s aggregate Gains exceed its aggregate Losses and Costs, if any, resulting from the termination of this Agreement, the net Settlement Amount shall be zero. The Non-Defaulting Party shall calculate, in a commercially reasonable manner, a Settlement Amount for the Terminated Transaction as of the Early Termination Date. Third parties supplying information for purposes of the calculation of Gains or Losses may include, without limitation, dealers in the relevant markets, end-users of the relevant AI#09_Att. A: Draft Power Purchase Agreement with Mayacma Geothermal, LLC 48 115678033.2 0065872-00007
product, information vendors and other sources of market information. The Settlement Amount shall not include consequential, incidental, punitive, exemplary, indirect or business interruption damages. Without prejudice to the Non-Defaulting Party’s duty to mitigate, the Non-Defaulting Party shall not have to enter into replacement transactions to establish a Settlement Amount.
Seller’s liabilities and Buyer’s remedies under this Section 11.3(b) in the event of an Early Termination Date prior to the Commercial Operation Date are subject to the limitations set forth in Section 12.3.
(c) Each Party agrees and acknowledges that (a) the actual damages that the Non-Defaulting Party would incur in connection with a Terminated Transaction would be difficult or impossible to predict with certainty, (b) the Damage Payment or Termination Payment described in Section 11.3 or this Section 11.3 (as applicable) is a reasonable and appropriate approximation of such damages, and (c) the Damage Payment or Termination Payment described in Section 11.2 or this Section 11.3 (as applicable) is the exclusive remedy of the Non-Defaulting Party in connection with a Terminated Transaction but shall not otherwise act to limit any of the Non-Defaulting Party’s rights or remedies if the Non-Defaulting Party does not elect the Damage Payment or Termination Payment (as applicable) as its remedy for an Event of Default by the Defaulting Party.
11.4 Notice of Payment of Termination Payment. As soon as practicable after a Terminated Transaction, Notice shall be given by the Non-Defaulting Party to the Defaulting Party of the amount of the Damage Payment or Termination Payment and whether the Termination Payment is due to or from the Non-Defaulting Party. The Notice shall include a written statement explaining in reasonable detail the calculation of such amount and the sources for such calculation.
The Damage Payment or Termination Payment, as applicable, shall be made to or from the Non-Defaulting Party, as applicable, within ten (10) Business Days after such Notice is effective.
11.5 Disputes With Respect to Termination Payment. If the Defaulting Party disputes the Non-Defaulting Party’s calculation of the Termination Payment, in whole or in part, the Defaulting Party shall, within five (5) Business Days of receipt of the Non-Defaulting Party’s calculation of the Termination Payment, provide to the Non-Defaulting Party a detailed written explanation of the basis for such dispute. Disputes regarding the Termination Payment shall be determined in accordance with Article 15.
11.6 Rights And Remedies Are Cumulative. Except where an express and exclusive remedy or measure of liquidated damages is provided, the rights and remedies of a Party pursuant to this Article 11 shall be cumulative and in addition to the rights of the Parties otherwise provided in this Agreement.
ARTICLE 12
LIMITATION OF LIABILITY AND EXCLUSION OF WARRANTIES.
12.1 No Consequential Damages. EXCEPT TO THE EXTENT PART OF AN
EXPRESS REMEDY OR MEASURE OF DAMAGES HEREIN, OR PART OF AN ARTICLE 16 INDEMNITY CLAIM BY A THIRD PARTY, OR INCLUDED IN A LIQUIDATED
DAMAGES CALCULATION, OR ARISING FROM FRAUD OR INTENTIONAL
MISREPRESENTATION, NEITHER PARTY SHALL BE LIABLE TO THE OTHER OR ITS AI#09_Att. A: Draft Power Purchase Agreement with Mayacma Geothermal, LLC 49 115678033.2 0065872-00007
INDEMNIFIED PERSONS FOR ANY SPECIAL, PUNITIVE, EXEMPLARY, INDIRECT, OR
CONSEQUENTIAL DAMAGES, OR LOSSES OR DAMAGES FOR LOST REVENUE OR
LOST PROFITS, WHETHER FORESEEABLE OR NOT, ARISING OUT OF, OR IN CONNECTION WITH THIS AGREEMENT, BY STATUTE, IN TORT OR CONTRACT.
12.2 Waiver and Exclusion of Other Damages. EXCEPT AS EXPRESSLY SET
FORTH HEREIN, THERE IS NO WARRANTY OF MERCHANTABILITY OR FITNESS FOR
A PARTICULAR PURPOSE, AND ANY AND ALL IMPLIED WARRANTIES ARE DISCLAIMED. THE PARTIES CONFIRM THAT THE EXPRESS REMEDIES AND
MEASURES OF DAMAGES PROVIDED IN THIS AGREEMENT SATISFY THE ESSENTIAL PURPOSES HEREOF. ALL LIMITATIONS OF LIABILITY CONTAINED IN
THIS AGREEMENT, INCLUDING, WITHOUT LIMITATION, THOSE PERTAINING TO SELLER’S LIMITATION OF LIABILITY AND THE PARTIES’ WAIVER OF
CONSEQUENTIAL DAMAGES, SHALL APPLY EVEN IF THE REMEDIES FOR BREACH OF WARRANTY PROVIDED IN THIS AGREEMENT ARE DEEMED TO “FAIL OF THEIR ESSENTIAL PURPOSE” OR ARE OTHERWISE HELD TO BE INVALID OR UNENFORCEABLE.
FOR BREACH OF ANY PROVISION FOR WHICH AN EXPRESS AND EXCLUSIVE
REMEDY OR MEASURE OF DAMAGES IS PROVIDED, SUCH EXPRESS REMEDY OR
MEASURE OF DAMAGES SHALL BE THE SOLE AND EXCLUSIVE REMEDY, THE OBLIGOR’S LIABILITY SHALL BE LIMITED AS SET FORTH IN SUCH PROVISION, AND ALL OTHER REMEDIES OR DAMAGES AT LAW OR IN EQUITY ARE WAIVED. IF NO
REMEDY OR MEASURE OF DAMAGES IS EXPRESSLY PROVIDED HEREIN, THE OBLIGOR’S LIABILITY SHALL BE LIMITED TO DIRECT DAMAGES ONLY. THE
VALUE OF ANY RENEWABLE ENERGY INCENTIVES AND TAX BENEFITS, DETERMINED ON AN AFTER-TAX BASIS, LOST DUE TO BUYER’S DEFAULT (WHICH
SELLER HAS NOT BEEN ABLE TO MITIGATE AFTER USE OF REASONABLE EFFORTS)
AND AMOUNTS DUE IN CONNECTION WITH THE RECAPTURE OF ANY RENEWABLE
ENERGY INCENTIVES AND TAX CREDITS, IF ANY, SHALL BE DEEMED TO BE DIRECT DAMAGES.
TO THE EXTENT ANY DAMAGES REQUIRED TO BE PAID HEREUNDER ARE LIQUIDATED, INCLUDING UNDER SECTIONS 3.8, 4.7, 4.8, 11.2 AND 11.3, AND AS
PROVIDED IN EXHIBIT B AND EXHIBIT G THE PARTIES ACKNOWLEDGE THAT THE
DAMAGES ARE DIFFICULT OR IMPOSSIBLE TO DETERMINE, THAT OTHERWISE
OBTAINING AN ADEQUATE REMEDY IS INCONVENIENT, AND THAT THE
LIQUIDATED DAMAGES CONSTITUTE A REASONABLE APPROXIMATION OF THE
ANTICIPATED HARM OR LOSS AND (UNLESS EXPRESSLY STATED TO THE CONTRARY), AN EXCLUSIVE REMEDY. IT IS THE INTENT OF THE PARTIES THAT
THE LIMITATIONS HEREIN IMPOSED ON REMEDIES AND THE MEASURE OF
DAMAGES BE WITHOUT REGARD TO THE CAUSE OR CAUSES RELATED THERETO,
INCLUDING THE NEGLIGENCE OF ANY PARTY, WHETHER SUCH NEGLIGENCE BE SOLE, JOINT OR CONCURRENT, OR ACTIVE OR PASSIVE. THE PARTIES HEREBY
WAIVE ANY RIGHT TO CONTEST SUCH PAYMENTS AS AN UNREASONABLE PENALTY.
AI#09_Att. A: Draft Power Purchase Agreement with Mayacma Geothermal, LLC 50 115678033.2 0065872-00007
THE PARTIES ACKNOWLEDGE AND AGREE THAT MONEY DAMAGES AND THE
EXPRESS REMEDIES PROVIDED FOR HEREIN ARE AN ADEQUATE REMEDY FOR THE
BREACH BY THE OTHER OF THE TERMS OF THIS AGREEMENT, AND EACH PARTY
WAIVES ANY RIGHT IT MAY HAVE TO SPECIFIC PERFORMANCE WITH RESPECT TO ANY OBLIGATION OF THE OTHER PARTY UNDER THIS AGREEMENT.
ARTICLE 13
REPRESENTATIONS AND WARRANTIES; AUTHORITY
13.1 Seller’s Representations and Warranties. As of the Effective Date, Seller represents and warrants as follows:
(a) Seller is a Delaware limited liability company, duly organized, validly existing and in good standing under the laws of the jurisdiction of its formation and is qualified to conduct business in the state of California and each jurisdiction where the failure to so qualify would have a material adverse effect on the business or financial condition of Seller. (b) Seller has the power and authority to enter into and perform this Agreement and is not prohibited from entering into this Agreement or discharging and performing all covenants and obligations on its part to be performed under and pursuant to this Agreement, except where such failure does not have a material adverse effect on Seller’s performance under this Agreement. The execution, delivery and performance of this Agreement by Seller has been duly authorized by all necessary limited liability company action on the part of Seller and does not and will not require the consent of any trustee or holder of any indebtedness or other obligation of Seller or any other party to any other agreement with Seller. (c) The execution and delivery of this Agreement, consummation of the transactions contemplated herein, and fulfillment of and compliance by Seller with the provisions of this Agreement will not conflict with or constitute a breach of or a default under any Law presently in effect having applicability to Seller, subject to any permits that have not yet been obtained by Seller, the documents of formation of Seller or any outstanding trust indenture, deed of trust, mortgage, loan agreement or other evidence of indebtedness or any other agreement or instrument to which Seller is a party or by which any of its property is bound. (d) This Agreement has been duly executed and delivered by Seller. This Agreement is a legal, valid and binding obligation of Seller enforceable in accordance with its terms, except as limited by laws of general applicability limiting the enforcement of creditors’ rights or by the exercise of judicial discretion in accordance with general principles of equity.
AI#09_Att. A: Draft Power Purchase Agreement with Mayacma Geothermal, LLC 51 115678033.2 0065872-00007
(e) The Facility will be located in the State of California. (f) As between Buyer and Seller, Seller will be responsible for obtaining all permits necessary to construct and operate the Facility, including to the extent applicable, Seller or an Affiliate will be the applicant on any CEQA documents. (g) Seller shall maintain site control of the Facility throughout the Delivery Term.
(h) Seller represents and warrants that it has not and will not knowingly utilize equipment or resources for the construction, operation or maintenance of the Facility that rely on work or services exacted from any person under the threat of a penalty and for which the person has not offered himself or herself voluntarily (“Forced Labor”). The Parties acknowledge that pursuant to the business advisory jointly issued by the U.S. Departments of State, Treasury, Commerce and Homeland Security on July 1, 2020, equipment or resources sourced from the Xinjiang region of China are presumed to involve Forced Labor.
13.2 Buyer’s Representations and Warranties. As of the Effective Date, Buyer represents and warrants as follows:
(a) Buyer is a joint powers authority and a validly existing community choice aggregator, duly organized, validly existing and in good standing under the laws of the State of California and the rules, regulations and orders of the California Public Utilities Commission, and is qualified to conduct business in each jurisdiction of the Joint Powers Agreement members. All Persons making up the governing body of Buyer are the elected or appointed incumbents in their positions and hold their positions in good standing in accordance with the Joint Powers Agreement and other Law.
(b) Buyer has the power and authority to enter into and perform this Agreement and is not prohibited from entering into this Agreement or discharging and performing all covenants and obligations on its part to be performed under and pursuant to this Agreement, except where such failure does not have a material adverse effect on Buyer’s performance under this Agreement. The execution, delivery and performance of this Agreement by Buyer has been duly authorized by all necessary action on the part of Buyer and does not and will not require the consent of any trustee or holder of any indebtedness or other obligation of Buyer or any other party to any other agreement with Buyer.
(c) The execution and delivery of this Agreement, consummation of the transactions contemplated herein, and fulfillment of and compliance by Buyer with the provisions of this Agreement will not conflict with or constitute a breach of or a default under any Law presently in effect having applicability to Buyer, including but not limited to community choice aggregation, the Joint Powers Act, competitive bidding, public notice, open meetings, election, referendum, or prior appropriation requirements, the documents of formation of Buyer or any outstanding trust indenture, deed of trust, mortgage, loan agreement or other evidence of indebtedness or any other agreement or instrument to which Buyer is a party or by which any of its property is bound.
AI#09_Att. A: Draft Power Purchase Agreement with Mayacma Geothermal, LLC 52 115678033.2 0065872-00007
(d) This Agreement has been duly executed and delivered by Buyer. This Agreement is a legal, valid and binding obligation of Buyer enforceable in accordance with its terms, except as limited by laws of general applicability limiting the enforcement of creditors’ rights or by the exercise of judicial discretion in accordance with general principles of equity. (e) Buyer warrants and covenants that with respect to its contractual obligations under this Agreement, it will not claim, and affirmatively waives, immunity on the grounds of sovereignty or similar grounds with respect to itself or its revenues or assets from (1) suit, (2) jurisdiction of court (provided that such court is located within a venue permitted in law and under the Agreement), (3) relief by way of injunction, order for specific performance or recovery of property, (4) attachment of assets, or (5) execution or enforcement of any judgment; provided, however that nothing in this Agreement shall waive the obligations or rights set forth in the California Tort Claims Act (Government Code Section 810 et seq.). (f) Buyer is a “local public entity” as defined in Section 900.4 of the Government Code of the State of California.
13.3 General Covenants. Each Party covenants that commencing on the Effective Date and continuing throughout the Contract Term:
(a) It shall continue to be duly organized, validly existing and in good standing under the laws of the jurisdiction of its formation and to be qualified to conduct business in California and each jurisdiction where the failure to so qualify would have a material adverse effect on its business or financial condition;
(b) It shall maintain (or obtain from time to time as required) all regulatory authorizations, approvals, and permits necessary for it to legally perform its obligations under this Agreement; and
(c) It shall perform its obligations under this Agreement in compliance with all terms and conditions in its governing documents and in material compliance with any Law.
13.4 Workforce Requirements. Seller shall comply with all applicable federal, state and local laws, statutes, ordinances, rules and regulations, and orders and decrees of any courts or administrative bodies or tribunals, including without limitation employment discrimination laws and prevailing wage laws. Although the Facility is not a public work as defined by California Labor Code section 1720, with respect to any construction work contracted by Seller in furtherance of this Agreement, Seller shall use commercially reasonable efforts to: (a) comply with California prevailing wage provisions applicable to public works projects, including but not limited to those set forth in California Labor Code sections 1770, 1771, 1771.1, 1772, 1773, 1773.1, 1774, 1775, 1776, 1777.5, and 1777.6, as they may be amended from time to time (“Prevailing Wage Requirement”); (b) encourage the participation and use of (i) contractors, subcontractors and businesses owned by disabled veterans, (ii) contractors, subcontractors and businesses that are located in or employ workers living in a Disadvantaged Community (DAC Zone) as identified by the CalEPA CalEnviroScreen Tool, and (iii) if applicable, the participation of local residents in the construction of the Facility, as well as the ongoing operations and maintenance of the Facility after COD, including permanent residents who live within the applicable county where the Facility is AI#09_Att. A: Draft Power Purchase Agreement with Mayacma Geothermal, LLC 53 115678033.2 0065872-00007
located and within a 100-mile radius of the installation, and to the extent not inconsistent with the foregoing requirements of this subsection (b); and (c) cause the majority of the construction work to the extent feasible in light of Seller’s deadlines and other terms and conditions set forth herein, to be conducted using union labor (together with the Prevailing Wage Requirement, the “Workforce Requirements”). As a condition precedent to commencement of the Delivery Term, Seller must certify that it complied with the Workforce Requirements, and be able to demonstrate, upon request, compliance with this requirement by providing documentation reasonably requested by Buyer.
Nothing herein shall require Seller, its contractors and subcontractors to comply with, or assume liability created by other inapplicable provisions of any California labor laws. Buyer agrees that Seller’s obligations under this Section 13.4 with shall be satisfied upon the execution of a project labor agreement related to construction of the Facility.
13.5 Diversity Reporting. Seller agrees to complete the Supplier Diversity and Labor Practices questionnaire available at https://forms.gle/4VahoVD3h7pvE4dF6, as may be updated from time to time, or a similar questionnaire, at the reasonable request of Buyer and to comply with similar regular reporting requirements related to diversity and labor practices from time to time. A current example of the Supplier Diversity and Labor Practices questionnaire is attached as Exhibit R.
ARTICLE 14
ASSIGNMENT
14.1 General Prohibition on Assignments. Except as provided in this Article 14, neither Party may voluntarily assign this Agreement or its rights or obligations under this Agreement, without the prior written consent of the other Party, which consent shall not be unreasonably withheld. Except as provided in this Article 14, any Change of Control of Seller, or direct or indirect change of control of Buyer (whether voluntary or by operation of law), will be deemed an assignment and will require the prior written consent of the other Party, which consent shall not be unreasonably withheld. Any assignment made in violation of the conditions to assignment set out in this Article 14 shall be null and void. Buyer shall have no obligation to provide any consent, or enter into any agreement, that materially and adversely affects any of Buyer’s rights, benefits, risks or obligations under this Agreement. Seller shall be responsible for Buyer’s reasonable costs associated with the preparation, review, execution and delivery of documents in connection with any assignment of this Agreement by Seller, including without limitation reasonable attorneys’ fees.
14.2 Collateral Assignment. Subject to the provisions of this Section 14.2, Seller has the right to assign this Agreement as collateral for any financing or refinancing of the Facility. In connection with any financing or refinancing of the Facility by Seller, Buyer shall in good faith work with Seller and Lenders to agree upon a consent to collateral assignment of this Agreement (“Collateral Assignment Agreement”). Each Collateral Assignment Agreement must be in form and substance agreed to by Buyer, Seller and the applicable Lender, such agreement not to be unreasonably withheld. Buyer will not be subject to obligations under more than one Collateral Assignment Agreement at any time. Each Collateral Assignment Agreement must include, among AI#09_Att. A: Draft Power Purchase Agreement with Mayacma Geothermal, LLC 54 115678033.2 0065872-00007
others, the following provisions unless otherwise agreed to by Buyer, Seller and the applicable Lender:
(a) Buyer shall give notice of an Event of Default by Seller to the Person(s) to be specified by Lender in the Collateral Assignment Agreement before exercising its right to terminate this Agreement as a result of such Event of Default; provided that such notice shall be provided to Lender at the time such notice is provided to Seller and any additional cure period of Lender agreed to in the Collateral Assignment Agreement shall not commence until Lender has received notice of such Event of Default;
(b) Lender will have the right to cure an Event of Default on behalf of Seller if Lender sends a written notice to Buyer before the later of (i) the expiration of any cure period, and (ii) five (5) Business Days after Lender’s receipt of notice of such Event of Default from Buyer, indicating Lender’s intention to cure. Lender must remedy or cure such Event of Default within the cure period under this Agreement and any additional cure periods agreed in the Collateral Assignment Agreement up to a maximum of ninety (90) days (or, in the event of a bankruptcy of Seller or any foreclosure or similar proceeding if required by Lender to cure any Event of Default, an additional reasonable period of time to complete such proceedings and effect such cure not to exceed one hundred eighty (180) days without the written consent of Buyer, which consent shall not be unreasonably withheld), provided that if Lender is prohibited by any court order or bankruptcy or insolvency proceedings from curing the Event of Default or from commencing or prosecuting foreclosure proceedings, the foregoing time periods shall be extended by the period of such prohibition;
(c) Following an Event of Default by Seller under this Agreement, Buyer may require Seller (or Lender, if Lender has provided the notice set forth in subsection (b) above) to provide to Buyer a report concerning:
(i) The status of efforts by Seller or Lender to develop a plan to cure the Event of Default;
(ii) Impediments to the cure plan or its development;
(iii) If a cure plan has been adopted, the status of the cure plan’s implementation (including any modifications to the plan as well as the expected timeframe within which any cure is expected to be implemented); and
(iv) Any other information which Buyer may reasonably require related to the development, implementation and timetable of the cure plan.
Seller or Lender must provide the report to Buyer within ten (10) Business Days after Notice from Buyer requesting the report. Buyer will have no further right to require the report with respect to a particular Event of Default after that Event of Default has been cured; (d) Lender will have the right to consent before any termination of this Agreement which does not arise out of an Event of Default; (e) Lender will receive prior notice of and the right to approve material AI#09_Att. A: Draft Power Purchase Agreement with Mayacma Geothermal, LLC 55 115678033.2 0065872-00007
amendments to this Agreement, which approval will not be unreasonably withheld, delayed or conditioned;
(f) If this Agreement is transferred to Lender pursuant to subsection (b) above, Lender must assume all of Seller’s obligations arising under this Agreement on and after the date of such assumption; provided, before such assumption, if Buyer advises Lender that Buyer will require that Lender cure (or cause to be cured) any Event of Default existing as of the transfer date in order to avoid the exercise by Buyer (in its sole discretion) of Buyer’s right to terminate this Agreement with respect to such Event of Default, then Lender at its option, and in its sole discretion, may elect to either:
(i) Cause such Event of Default to be cured (other than any Events of Default which relate to Seller’s bankruptcy or similar insolvency proceedings, to representations and warranties made by Seller or to Seller’s failure to perform obligations under other agreements, or which are otherwise personal to Seller), or
(ii) Not assume this Agreement.
(g) If Lender elects to transfer this Agreement, then Lender must cause the transferee to assume all of Seller’s obligations arising under this Agreement arising after the date of such assumption as a condition of the sale or transfer. Such sale or transfer may be made only to an entity that meets the definition of Permitted Transferee; (h) Subject to Lender’s cure of any Events of Defaults under the Agreement in accordance with Section 14.2(f), if (i) this Agreement is rejected in Seller’s Bankruptcy or otherwise terminated in connection therewith Lender or its designee shall have the right to elect within ninety (90) days after such rejection or termination, to enter into a replacement agreement with Buyer having substantially the same terms as this Agreement for the remaining term thereof, and, promptly after Lender’s written request, Buyer must enter into such replacement agreement with Lender or Lender’s designee, or (ii) if Lender or its designee, directly or indirectly, takes possession of, or title to, the Facility after any such rejection or termination of this Agreement, promptly after Buyer’s written request, Lender must itself or must cause its designee to promptly enter into a new agreement with Buyer having substantially the same terms as this Agreement for the remaining term thereof, provided that in the event a designee of Lender, directly or indirectly, takes possession of, or title to, the Facility (including possession by a receiver or title by foreclosure or deed in lieu of foreclosure), if such designee is not an entity that meets the definition of Permitted Transferee then such designee shall be subject to the prior written approval of Buyer, such approval not to be unreasonably withheld; and
(i) The Parties shall negotiate any Collateral Assignment Agreement in good faith, including variations to the provisions set forth in this Section 14.2, and to the extent the Collateral Assignment Agreement executed by Buyer and Lender varies from such provisions, the terms of such Collateral Assignment Agreement shall be controlling. In addition, Buyer shall cooperate with Seller or any Lender to execute or arrange for delivery of estoppels reasonably requested by Seller or Lender.
AI#09_Att. A: Draft Power Purchase Agreement with Mayacma Geothermal, LLC 56 115678033.2 0065872-00007
14.3 Buyer Limited Assignment. Notwithstanding anything to the contrary, Buyer may make a limited assignment to an entity (“Limited Assignee”) that has, or provides a parent guaranty, in form and substance reasonably acceptable to Seller from an entity with, a Credit Rating of at least A from S&P or Baa2 from Moody’s of Buyer’s right to receive Product (which shall not be for retail sale) and its obligation to make payments to Seller, which assignment shall be expressly subject to Limited Assignee’s timely payment of amounts due under this Agreement, at any time upon not less than thirty (30) days’ Notice by delivering a written request for such assignment, which request must include a proposed assignment agreement substantially in the form attached to this Agreement as Exhibit S. Provided that Buyer delivers a proposed assignment agreement complying with the previous sentence, Seller agrees to (i) comply with Limited Assignee’s reasonable requests for know-your-customer and similar account opening information and documentation with respect to Seller, including but not limited to information related to forecasted generation, credit rating, and compliance with anti-money laundering rules, the Dodd-Frank Act, the Commodity Exchange Act, the Patriot Act and similar rules, regulations, requirements and corresponding policies, and (ii) promptly execute such assignment agreement and implement such assignment as contemplated thereby, subject only to the countersignature of Limited Assignee and Buyer and Seller’s ability to make the representations and warranties contained therein. Limited Assignee and Buyer shall comply with all reasonable requests received by any Lender in connection with such limited assignment, including providing any requested acknowledgments in any Collateral Assignment Agreement.
ARTICLE 15
DISPUTE RESOLUTION
15.1 Venue. The Parties agree that any suit, action or other legal proceeding by or against any party (or its Affiliates or designees) with respect to or arising out of this Agreement shall be brought in the federal courts of the United States or the courts of the State of California sitting in San Francisco County, California.
15.2 Dispute Resolution. In the event of any dispute arising under this Agreement, within ten (10) days following the receipt of a written Notice from either Party identifying such dispute, the Parties shall meet, negotiate and attempt, in good faith, to resolve the dispute quickly, informally and inexpensively. If the Parties are unable to resolve a dispute arising hereunder within the earlier of either thirty (30) days of initiating such discussions, or within forty (40) days after Notice of the dispute, the Parties shall submit the dispute to mediation prior to seeking any and all remedies available to it at Law in or equity. The Parties will cooperate in selecting a qualified neutral mediator selected from a panel of neutrals and in scheduling the time and place of the mediation as soon as reasonably possible, but in no event later than thirty (30) days after the request for mediation is made. The Parties agree to participate in the mediation in good faith and to share the costs of the mediation, including the mediator’s fee, equally, but such shared costs shall not include each Party’s own attorneys’ fees and costs, which shall be borne solely by such Party. If the mediation is unsuccessful, then either Party may seek any and all remedies available to it at law or in equity, subject to the limitations set forth in this Agreement.
AI#09_Att. A: Draft Power Purchase Agreement with Mayacma Geothermal, LLC 57 115678033.2 0065872-00007
ARTICLE 16
INDEMNIFICATION
16.1 Indemnity. Each Party (the “Indemnifying Party”) agrees to defend, indemnify and hold harmless the other Party, its directors, officers, agents, attorneys, employees and representatives (each an “Indemnified Party” and collectively, the “Indemnified Group”) from and against all third party claims, demands, losses, liabilities, penalties, and expenses, including reasonable attorneys’ and expert witness fees, for personal injury or death to Persons and damage to the property of any third party to the extent arising out of, resulting from, or caused by the negligent or willful misconduct of the Indemnifying Party, its Affiliates, its directors, officers, employees or agents (collectively, “Indemnifiable Losses”). Nothing in this Section shall enlarge or relieve Seller or Buyer of any liability to the other for any breach of this Agreement. Neither Party shall be indemnified for its damages resulting from its sole negligence, intentional acts, or willful misconduct. These indemnity provisions shall not be construed to relieve any insurer of its obligations to pay claims consistent with the provisions of a valid insurance policy.
16.2 Notice of Claim. Subject to the terms of this Agreement and upon obtaining knowledge of an Indemnifiable Loss for which it is entitled to indemnity under this Article 16, the Indemnified Party will promptly provide Notice to the Indemnifying Party in writing of any damage, claim, loss, liability or expense which Indemnified Party has determined has given or could give rise to an Indemnifiable Loss under Section 16.1 (“Claim”). The Notice is referred to as a “Notice of Claim”. A Notice of Claim will specify, in reasonable detail, the facts known to Indemnified Party regarding the Indemnifiable Loss.
16.3 Failure to Provide Notice. A failure to give timely Notice or to include any specified information in any Notice as provided in this Section 16.3 will not affect the rights or obligations of any Party hereunder except and only to the extent that, as a result of such failure, any Party which was entitled to receive such Notice was deprived of its right to recover any payment under its applicable insurance coverage or was otherwise materially damaged as a direct result of such failure and, provided further, Indemnifying Party is not obligated to indemnify any member of the Indemnified Group for the increased amount of any Indemnifiable Loss which would otherwise have been payable to the extent that the increase resulted from the failure to deliver timely a Notice of Claim.
16.4 Defense of Claims. If, within ten (10) Business Days after giving a Notice of Claim regarding a Claim to Indemnifying Party pursuant to Section 16.2, Indemnified Party receives Notice from Indemnifying Party that Indemnifying Party has elected to assume the defense of such Claim, Indemnifying Party will not be liable for any legal expenses subsequently incurred by Indemnified Party in connection with the defense thereof; provided, however, that if Indemnifying Party fails to take reasonable steps necessary to defend diligently such Claim within ten (10) Business Days after receiving Notice from Indemnifying Party that Indemnifying Party believes Indemnifying Party has failed to take such steps, or if Indemnifying Party has not undertaken fully to indemnify Indemnified Party in respect of all Indemnifiable Losses relating to the matter, Indemnified Party may assume its own defense, and Indemnifying Party will be liable for all reasonable costs or expenses, including attorneys’ fees, paid or incurred in connection therewith.
Without the prior written consent of Indemnified Party, Indemnifying Party will not enter into any settlement of any Claim which would lead to liability or create any financial or other obligation on AI#09_Att. A: Draft Power Purchase Agreement with Mayacma Geothermal, LLC 58 115678033.2 0065872-00007
the part of Indemnified Party for which Indemnified Party is not entitled to indemnification hereunder; provided, however, that Indemnifying Party may accept any settlement without the consent of Indemnified Party if such settlement provides a full release to Indemnified Party and no requirement that Indemnified Party acknowledge fault or culpability. If a firm offer is made to settle a Claim without leading to liability or the creation of a financial or other obligation on the part of Indemnified Party for which Indemnified Party is not entitled to indemnification hereunder and Indemnifying Party desires to accept and agrees to such offer, Indemnifying Party will give Notice to Indemnified Party to that effect. If Indemnified Party fails to consent to such firm offer within ten (10) calendar days after its receipt of such Notice, Indemnified Party may continue to contest or defend such Claim and, in such event, the maximum liability of Indemnifying Party to such Claim will be the amount of such settlement offer, plus reasonable costs and expenses paid or incurred by Indemnified Party up to the date of such Notice.
16.5 Subrogation of Rights. Upon making any indemnity payment, Indemnifying Party will, to the extent of such indemnity payment, be subrogated to all rights of Indemnified Party against any third party in respect of the Indemnifiable Loss to which the indemnity payment relates; provided that until Indemnified Party recovers full payment of its Indemnifiable Loss, any and all claims of Indemnifying Party against any such third party on account of said indemnity payment are hereby made expressly subordinated and subjected in right of payment to Indemnified Party’s rights against such third party. Without limiting the generality or effect of any other provision hereof, Buyer and Seller shall execute upon request all instruments reasonably necessary to evidence and perfect the above-described subrogation and subordination rights.
16.6 Rights and Remedies are Cumulative. Except for express remedies already provided in this Agreement, the rights and remedies of a Party pursuant to this Article 16 are cumulative and in addition to the rights of the Parties otherwise provided in this Agreement.
ARTICLE 17
INSURANCE
17.1 Insurance.
(a) General Liability. Seller shall maintain, or cause to be maintained, at Seller’s sole expense, (i) commercial general liability insurance, which shall be written on an “occurrence” basis (and not a “claims-made” or “claims reported” basis), and which shall include products and completed operations and personal injury insurance, in a minimum amount of Two Million Dollars ($2,000,000) per occurrence, and an annual aggregate of not less than Four Million Dollars ($4,000,000), and which shall provide contractual liability insurance in said amount; and (ii) umbrella or excess liability insurance policy that has at least as broad coverage as the commercial general liability insurance described in section 17.1(a)(i) hereto with a limit of liability of Five Million Dollars ($5,000,000). Defense costs shall be provided as an additional benefit and not included within the limits of liability. Such insurance shall contain standard cross-liability and severability of interest provisions. Seller shall cause Buyer to be an additional insured on all of the insurance policies described in this Section 17.1(a). (b) Employer’s Liability Insurance. Seller, if it has employees, shall maintain Employers’ Liability insurance with a limit of One Million Dollars ($1,000,000) for injury or death AI#09_Att. A: Draft Power Purchase Agreement with Mayacma Geothermal, LLC 59 115678033.2 0065872-00007
occurring as a result of each accident. With regard to bodily injury by disease, the One-Million-Dollar ($1,000,000) policy limit will apply to each employee. (c) Workers Compensation Insurance. Seller, if it has employees, shall also maintain at all times during the Contract Term workers’ compensation and employers’ liability insurance coverage in accordance with applicable requirements of California Law. (d) Business Auto Insurance. Seller shall maintain at all times during the Contract Term business auto insurance for bodily injury and property damage with a combined single limit of Two Million Dollars ($2,000,000) per occurrence. Such insurance shall cover liability arising out of Seller’s use of all owned (if any), non-owned and hired vehicles, including trailers or semi-trailers in the performance of the Agreement. (e) Construction All-Risk Insurance. Seller shall maintain or cause to be maintained during the construction of the Facility prior to the Commercial Operation Date, construction all-risk form property insurance covering the Facility during such construction periods and naming the Seller (and Lender if any) as the loss payee. (f) Contractor’s Pollution Liability. Seller shall maintain or cause to be maintained during the construction of the Facility prior to the Commercial Operation Date, Pollution Legal Liability Insurance in the amount of Two Million Dollars ($2,000,000) per occurrence and in the aggregate, naming the Seller (and Lender if any) as additional named insured.
(g) Umbrella Liability Insurance. Seller may choose any combination of primary, excess or umbrella liability policies to meet the insurance requirements under Sections 17.1(a), (b) and (d) above.
(h) Contractor Insurance. Seller shall require all contractors under its engineering, procurement, and construction contract for the Facility to carry insurance of at least the same types and with at least the same limits as described in Sections 17.1(a-f). Such insurance must be procured and fully in place before commencement of any work by contractor. The contractor shall include Seller as an additional insured to insurance carried pursuant to this Section
17.1(h). The contractor shall provide a primary and non-contributory endorsement and a waiver of subrogation to Seller for the required coverage pursuant to this Section 17.1(g). (i) Evidence of Insurance and Other Insurance Requirements. Within thirty (30) days after execution of the Agreement and upon annual renewal thereafter (except insurance required in Section 17.1(h)), Seller shall deliver to Buyer certificates of insurance evidencing such coverage. Regarding insurance required in Section 17.1(h), within ten (10) days after placement of such insurance and upon annual renewal thereafter, Seller shall deliver to Buyer certificates of insurance evidencing such coverage. Seller shall provide to Buyer a copy of any insurance policy required under this Article 17 within ten calendar days of a request by Buyer. Seller shall require all insurance policies required under this Article 17 obligate the insurer to provide Buyer at least thirty (30) days’ prior Notice in the event of any cancellation or termination of coverage, and Seller shall not cancel or terminate any policy required under this Article 17 without prior written consent from Buyer. All insurance required under this Article 17 shall be primary coverage without right AI#09_Att. A: Draft Power Purchase Agreement with Mayacma Geothermal, LLC 60 115678033.2 0065872-00007
of contribution from any insurance of Buyer. The insurance requirements of this Article 17 do not affect, cap or limit Seller’s obligations or liability to Buyer as provided under other provisions of this Agreement or applicable law, including any and all of Seller’s indemnification obligations under the Agreement.
ARTICLE 18
CONFIDENTIAL INFORMATION
18.1 Definition of Confidential Information. The following constitutes “Confidential Information,” whether oral or written which is delivered by Seller to Buyer or by Buyer to Seller including: (a) pricing and other commercially sensitive terms and conditions of, and proposals and negotiations related to, this Agreement, and (b) information that either Seller or Buyer stamps or otherwise identifies as “confidential” or “proprietary” before disclosing it to the other.
Confidential Information does not include (i) information that was publicly available at the time of the disclosure, other than as a result of a disclosure in breach of this Agreement; (ii) information that becomes publicly available through no fault of the recipient after the time of the delivery; (iii) information that was rightfully in the possession of the recipient (without confidential or proprietary restriction) at the time of delivery or that becomes available to the recipient from a source not subject to any restriction against disclosing such information to the recipient; and (iv) information that the recipient independently developed without a violation of this Agreement.
Notwithstanding the foregoing, the Parties acknowledge and agree that Buyer intends to make publicly available a version of this Agreement with certain pricing and commercially sensitive provisions removed or redacted.
18.2 Duty to Maintain Confidentiality. Confidential Information will retain its character as Confidential Information but may be disclosed by the recipient (the “Receiving Party”) if and to the extent such disclosure is required (a) to be made by any requirements of Law, (b) pursuant to an order of a court or (c) in order to enforce this Agreement. If the Receiving Party becomes legally compelled (by interrogatories, requests for information or documents, subpoenas, summons, civil investigative demands, or similar processes or otherwise in connection with any litigation or to comply with any applicable law, order, regulation, ruling, regulatory request, accounting disclosure rule or standard or any exchange, control area or independent system operator request or rule) to disclose any Confidential Information of the disclosing Party (the “Disclosing Party”), Receiving Party shall provide Disclosing Party with prompt notice so that Disclosing Party, at its sole expense, may seek an appropriate protective order or other appropriate remedy. If the Disclosing Party takes no such action after receiving the foregoing notice from the Receiving Party, the Receiving Party is not required to defend against such request and shall be permitted to disclose such Confidential Information of the Disclosing Party, with no liability for any damages that arise from such disclosure. Each Party hereto acknowledges and agrees that information and documentation provided in connection with this Agreement may be subject to the California Public Records Act (Government Code Section 6250 et seq.). The provisions of this Article 18 shall survive and shall continue to be binding upon the Parties for period of one (1) year following the date of termination of this Agreement.
18.3 Irreparable Injury; Remedies. Receiving Party acknowledges that its obligations hereunder are necessary and reasonable in order to protect Disclosing Party and the business of Disclosing Party, and expressly acknowledges that monetary damages would be inadequate to AI#09_Att. A: Draft Power Purchase Agreement with Mayacma Geothermal, LLC 61 115678033.2 0065872-00007
compensate Disclosing Party for any breach or threatened breach by Receiving Party of any covenants and agreements set forth in this Article 18. Accordingly, Receiving Party acknowledges that any such breach or threatened breach will cause irreparable injury to Disclosing Party and that, in addition to any other remedies that may be available, in law, in equity or otherwise, Disclosing Party will be entitled to obtain injunctive relief against the threatened breach of this Article 18 or the continuation of any such breach, without the necessity of proving actual damages.
18.4 Disclosure to Lenders, Etc.. Notwithstanding anything to the contrary in this Article 18, Confidential Information may be disclosed by Seller to any actual or potential Lender or investor or any of its agents or Affiliates, and Seller’s actual or potential agents, consultants, contractors, or trustees, or by Buyer to any actual or potential Limited Assignee, so long as the Person to whom Confidential Information is disclosed either is bound by similarly restrictive confidentiality obligations as those contained in this Agreement, or agrees in writing to be bound by the confidentiality provisions of this Article 18 to the same extent as if it were a Party.
18.5 Press Releases. Neither Party shall issue (or cause its Affiliates to issue) a press release regarding the transactions contemplated by this Agreement unless both Parties have agreed upon the contents of any such public statement. A Party’s consent shall not be unreasonably withheld, conditioned or delayed.
ARTICLE 19
MISCELLANEOUS
19.1 Entire Agreement; Integration; Exhibits. This Agreement, together with the Cover Sheet and Exhibits attached hereto constitutes the entire agreement and understanding between Seller and Buyer with respect to the subject matter hereof and supersedes all prior agreements relating to the subject matter hereof, which are of no further force or effect. The Exhibits attached hereto are integral parts hereof and are made a part of this Agreement by reference. The headings used herein are for convenience and reference purposes only. In the event of a conflict between the provisions of this Agreement and those of the Cover Sheet or any Exhibit, the provisions of first the Cover Sheet, and then this Agreement shall prevail, and such Exhibit shall be corrected accordingly. This Agreement shall be considered for all purposes as prepared through the joint efforts of the Parties and shall not be construed against one Party or the other Party as a result of the preparation, substitution, submission or other event of negotiation, drafting or execution hereof.
19.2 Amendments. This Agreement may only be amended, modified or supplemented by an instrument in writing executed by duly authorized representatives of Seller and Buyer; provided, that, for the avoidance of doubt, this Agreement may not be amended by electronic mail communications.
19.3 No Waiver. Waiver by a Party of any default by the other Party shall not be construed as a waiver of any other default.
19.4 No Agency, Partnership, Joint Venture or Lease. Seller and the agents and employees of Seller shall, in the performance of this Agreement, act in an independent capacity and not as officers or employees or agents of Buyer. Under this Agreement, Seller and Buyer AI#09_Att. A: Draft Power Purchase Agreement with Mayacma Geothermal, LLC 62 115678033.2 0065872-00007
intend to act as energy seller and energy purchaser, respectively, and do not intend to be treated as, and shall not act as, partners in, co-venturers in or lessor/lessee with respect to the Facility or any business related to the Facility. This Agreement shall not impart any rights enforceable by any third party (other than a permitted successor or assignee bound to this Agreement or, to the extent set forth herein, any Lender and/or Indemnified Party).
19.5 Severability. In the event that any provision of this Agreement is unenforceable or held to be unenforceable, the Parties agree that all other provisions of this Agreement have force and effect and shall not be affected thereby. The Parties shall, however, use their best endeavors to agree on the replacement of the void, illegal or unenforceable provision(s) with legally acceptable clauses which correspond as closely as possible to the sense and purpose of the affected provision and this Agreement as a whole.
19.6 Mobile-Sierra. Notwithstanding any other provision of this Agreement, neither Party shall seek, nor shall they support any third party seeking, to prospectively or retroactively revise the rates, terms or conditions of service of this Agreement through application or complaint to FERC pursuant to the provisions of Section 205, 206 or 306 of the Federal Power Act, or any other provisions of the Federal Power Act, absent prior written agreement of the Parties. Further, absent the prior written agreement in writing by both Parties, the standard of review for changes to the rates, terms or conditions of service of this Agreement proposed by a Party shall be the “public interest” standard of review set forth in United Gas Pipe Line Co. v. Mobile Gas Service Corp., 350 U.S. 332 (1956) and Federal Power Commission v. Sierra Pacific Power Co., 350 U.S. 348 (1956). Changes proposed by a non-Party or FERC acting sua sponte shall be subject to the most stringent standard permissible under applicable law.
19.7 Counterparts; Electronic Signatures. This Agreement may be executed in one or more counterparts, all of which taken together shall constitute one and the same instrument and each of which shall be deemed an original. The Parties may rely on electronic and scanned signatures as originals. Delivery of an executed signature page of this Agreement by a PDF attachment to an email shall be the same as delivery of an original executed signature page.
19.8 Binding Effect. This Agreement shall inure to the benefit of and be binding upon the Parties and their respective successors and permitted assigns.
19.9 No Recourse to Members of Buyer. Buyer is organized as a Joint Powers Authority in accordance with the Joint Exercise of Powers Act of the State of California (Government Code Section 6500, et seq.) pursuant to its Joint Powers Agreement and is a public entity separate from its constituent members. Buyer shall solely be responsible for all debts, obligations and liabilities accruing and arising out of this Agreement. Seller shall have no rights and shall not make any claims, take any actions or assert any remedies against any of Buyer’s constituent members, or the employees, directors, officers, consultants or advisors or Buyer or its constituent members, in connection with this Agreement.
19.10 Forward Contract. The Parties acknowledge and agree that this Agreement constitutes a “forward contract” within the meaning of the U.S. Bankruptcy Code, and Buyer and Seller are “forward contract merchants” within the meaning of the U.S. Bankruptcy Code. Each Party further agrees that, for all purposes of this Agreement, each Party waives and agrees not to AI#09_Att. A: Draft Power Purchase Agreement with Mayacma Geothermal, LLC 63 115678033.2 0065872-00007
assert the applicability of the provisions of 11 U.S.C. § 366 in any bankruptcy proceeding wherein such Party is a debtor. In any such proceeding, each Party further waives the right to assert that the other Party is a provider of last resort to the extent such term relates to 11 U.S.C. §366 or another provision of 11 U.S.C. § 101-1532.
19.11 Further Assurances. Each of the Parties hereto agree to provide such information, execute and deliver any instruments and documents and to take such other actions as may be necessary or reasonably requested by the other Party which are not inconsistent with the provisions of this Agreement and which do not involve the assumptions of obligations other than those provided for in this Agreement, to give full effect to this Agreement and to carry out the intent of this Agreement.
[Signatures on following page]
AI#09_Att. A: Draft Power Purchase Agreement with Mayacma Geothermal, LLC 115678033.2 0065872-00007
IN WITNESS WHEREOF, the Parties have caused this Agreement to be duly executed as of the Effective Date.
MAYACMA GEOTHERMAL LLC, a
Delaware limited liability company
By:
Name:
Title:
MARIN CLEAN ENERGY, a California
joint powers authority
By:
Name:
Title:
MARIN CLEAN ENERGY, a California
joint powers authority
By:
Name:
Title:
AI#09_Att. A: Draft Power Purchase Agreement with Mayacma Geothermal, LLC Exhibit A - 1
115678033.2 0065872-00007
EXHIBIT A
FACILITY DESCRIPTION
Site Name: Bottlerock Geothermal Project
Site includes all or some of the following APNs:
County: Lake County
CEQA Lead Agency:
Type of Facility: Geothermal
Operating Characteristics of Facility:
Guaranteed Capacity: 7 MW
Delivery Point: The PNode designated by the CAISO for the Facility Participating Transmission Owner:
Interconnection Point: The Facility shall interconnect to Bottlerock Substation near Cobb, California.
AI#09_Att. A: Draft Power Purchase Agreement with Mayacma Geothermal, LLC Exhibit B - 1
115678033.2 0065872-00007
EXHIBIT B
FACILITY CONSTRUCTION AND COMMERCIAL OPERATION
1. Construction of the Facility.
a. “Construction Start” will occur upon satisfaction of the following: (i) Seller has acquired the applicable regulatory authorizations, approvals and permits required for the commencement of construction of the Facility, (ii) Seller has engaged all contractors and ordered all essential equipment and supplies as, in each case, can reasonably be considered necessary so that physical construction of the Facility may begin and proceed to completion without foreseeable interruption of material duration, and (iii) Seller has executed an engineering, procurement, and construction contract and issued thereunder a full notice to proceed that authorizes the contractor to mobilize to Site and begin physical construction of the Facility at the Site. The date of Construction Start will be evidenced by and subject to Seller’s delivery to Buyer of a certificate substantially in the form attached as Exhibit J hereto, and the date certified therein shall be the “Construction Start Date.” The Seller shall use commercially reasonable efforts to cause Construction Start to occur no later than the Guaranteed Construction Start Date. b. If Construction Start is not achieved by the Guaranteed Construction Start Date, Seller shall pay Construction Delay Damages to Buyer for each day for which Construction Start has not begun after the Guaranteed Construction Start Date.
Construction Delay Damages. On or before the tenth (10th) day of each month, Buyer shall invoice Seller for Construction Delay Damages, if any, accrued during the prior month and, within ten (10) days following Seller’s receipt of such invoice, Seller shall pay Buyer the amount of the Construction Delay Damages set forth in such invoic
Construction Delay
Damages shall be refundable to Seller pursuant to Section 2 b. of this Exhibit B.
The Parties agree that Buyer’s receipt of Construction Delay Damages shall be Buyer’s sole and exclusive remedy for Seller’s unexcused delay in achieving the Construction Start Date on or before the Guaranteed Construction Start Date, but shall (x) not be construed as Buyer’s declaration that an Event of Default has occurred under any provision of Section 11.1 and (y) not limit Buyer’s right to declare an Event of Default pursuant to Section 11.1(b)(ii) or 11.1(b)(iv) and receive a Damage Payment upon exercise of Buyer’s default right pursuant to Section 11.2.
2. Commercial Operation of the Facility. “Commercial Operation” means the condition existing when (i) Seller has fulfilled all of the conditions precedent in Section 2.2 of the Agreement and provided Notice from a Licensed Professional Engineer to Buyer substantially in the form of Exhibit H (the “COD Certificate”) and (ii) Seller has notified Buyer in writing that it has provided the required documentation to Buyer and met the conditions for achieving Commercial Operation. The “Commercial Operation Date” AI#09_Att. A: Draft Power Purchase Agreement with Mayacma Geothermal, LLC Exhibit B - 2
115678033.2 0065872-00007
shall be the later of days prior to the Expected Commercial Operation Date, or (y) the date on which Commercial Operation is achieved. a. Seller shall cause Commercial Operation for the Facility to occur by the Guaranteed Commercial Operation Date. Seller shall notify Buyer that it intends to achieve Commercial Operation at least sixty (60) days before the anticipated Commercial Operation Date.
b. If Seller achieves the Commercial Operation Date by the Guaranteed Commercial Operation Date, all Construction Delay Damages paid by Seller shall be refunded by Buyer.
c. If Seller does not achieve Commercial Operation by the Guaranteed Commercial Operation Date, Seller shall pay Commercial Operation Delay Damages to Buyer for each day after the Guaranteed Commercial Operation Date until the Commercial Operation Date. Commercial Operation Delay Damages shall be payable to Buyer by Seller until the Commercial Operation Date. Commercial Operation Delay Damages shall be paid in advance on a monthly basis by Seller to A prorated amount of Commercial
Operation Delay Damages will be returned to Seller if the Commercial Operation Date occurs during a month in which the Commercial Operation Delay Damages were paid in advance. The Parties agree that Buyer’s receipt of Commercial Operation Delay Damages shall be Buyer’s sole and exclusive remedy for Seller’s unexcused delay in achieving the Commercial Operation Date on or before the Guaranteed Commercial Operation Date, but shall (x) not be construed as Buyer’s declaration that an Event of Default has occurred under any provision of Section
11.1 and (y) not limit Buyer’s right to declare an Event of Default under Section
11.2(b)(ii) and receive a Damage Payment upon exercise of Buyer’s rights pursuant to Section 11.2.
d. Notwithstanding any provision in this Agreement to the contrary, if the Commercial Operation Date has not occurred by April 1, 2024, upon the prior written request of Buyer, Seller shall use commercially reasonable efforts to deliver to Buyer Resource Adequacy Benefits from a resource other than the Facility in a quantity not to exceed the Guaranteed RA Amount (“Bridge Capacity”), subject to the following terms and conditions:
AI#09_Att. A: Draft Power Purchase Agreement with Mayacma Geothermal, LLC Exhibit B - 3
115678033.2 0065872-00007
3. Extension of the Guaranteed Dates. The Guaranteed Construction Start Date and the Guaranteed Commercial Operation Date shall both, subject to notice and documentation requirements set forth below, be automatically extended on a day-for-day basis for the duration of any and all delays arising out of the following circumstances:
a. a Force Majeure Event occurs; or
b.
c. the Interconnection Facilities or Network Upgrades are not complete and ready for the Facility to connect and sell Product at the Delivery Point by the Guaranteed Commercial Operation Date, despite the exercise of commercially reasonable efforts by Seller; or
d. Buyer has not made all necessary arrangements to receive the Facility Energy at the Delivery Point by the Guaranteed Commercial Operation Date.
Day-for-day extensions under subsections (a) through (c) above shall not exceed All of the day-for-day extensions
allowed under subsections (a) through (d) above, collectively, are the “Development Cure Period”. Notwithstanding anything to the contrary, no extension shall be given under the Development Cure Period if (i) the delay was the result of Seller’s failure to take all commercially reasonable actions to meet its requirements and deadlines, (ii) for extensions for a Force Majeure Event under subsection (a) above, if the delay does not otherwise satisfy the requirements of a Force Majeure Event, including the notice and documentation requirements under Section 10.3, or (iii) for delays that are not claimed as a Force Majeure Event, Seller failed to provide written notice as required in the next sentence. For delays that are not claimed as a Force Majeure Event, Seller shall provide prompt written notice to Buyer of a delay, but in no case more than thirty (30) days after Seller became aware of such delay, except that in the case of a delay occurring within sixty (60) days of the Expected Commercial Operation Date, or after such date, Seller must provide written AI#09_Att. A: Draft Power Purchase Agreement with Mayacma Geothermal, LLC Exhibit B - 4
115678033.2 0065872-00007
notice within five (5) Business Days of Seller becoming aware of such delay. Upon request from Buyer, Seller shall provide documentation demonstrating to Buyer’s reasonable satisfaction that and delays described above, including from Force Majeure Events, did not result from Seller’s actions or failure to take commercially reasonable actions.
4. Failure to Reach Guaranteed Capacity. If, at Commercial Operation, the Installed Capacity is less than one hundred percent (100%) of the Guaranteed Capacity, Seller shall have days after the Commercial Operation Date to install additional capacity or Network Upgrades such that the Installed Capacity is equal to (but not greater than) the Guaranteed Capacity, and Seller shall provide to Buyer a new certificate substantially in the form attached as Exhibit I hereto specifying the new Installed Capacity. If Seller fails to construct the Guaranteed Capacity by such date, Seller shall pay “Capacity Damages” to Buyer, in an amount equal to
for each MW that the Guaranteed Capacity exceeds the Installed Capacity, and the Guaranteed Capacity and other applicable portions of the Agreement shall be adjusted accordingly and the Expected Energy shall be reduced to an amount equal to the product of (a) the amount of Expected Energy in effect prior to such adjustment, multiplied by (b) the ratio of the Installed Capacity as of such date to the Guaranteed Capacity.
AI#09_Att. A: Draft Power Purchase Agreement with Mayacma Geothermal, LLC
Exhibit C - 1
115678033.2 0065872-00007
EXHIBIT C
COMPENSATION
Buyer shall compensate Seller for the Product in accordance with this Exhibit C. (a) Contract Price. Buyer shall pay Seller the Contract Price for each MWh of Facility Energy plus the amount of Deemed Delivered Energy above the Curtailment Cap, if any, up to of the Expected Energy for each Contract Year.
(b) Annual Excess Energy Deliveries.
(i) If, at any point in any Contract Year, the amount of Facility Energy plus the amount of Deemed Delivered Energy above the Curtailment Cap exceeds of the Expected Energy for such Contract Year, the price to be paid for additional Facility Energy or Deemed Delivered Energy shall be equal to the lesser of (a) the Delivery Point LMP for the Real-Time Market for the applicable Settlement Interval or (b) of the Contract Price, but not less than $0.00/MWh.
(ii) If, at any point in any Contract Year, the amount of Facility Energy plus the amount of Deemed Delivered Energy above the Curtailment Cap exceeds one of the Expected Energy for such Contract Year, no payment shall be owed by Buyer for any additional Facility Energy or Deemed Delivered Energy. (c) Excess Settlement Interval Deliveries. If during any Settlement Interval, Seller delivers Product amounts, as measured by the amount of Facility Energy, in excess of the product of the Guaranteed Capacity and the duration of the Settlement Interval, expressed in hours (“Excess Energy”), then the price applicable to all such Excess Energy in such Settlement Interval shall be Zero Dollars ($0), and if there is a Negative LMP during such Settlement Interval, Seller shall pay to Buyer an amount equal to the absolute value of the Negative LMP times such Excess Energy.
(d) Curtailment Payments. Seller shall receive no compensation from Buyer for (i) Facility Energy or Deemed Delivered Energy during any Curtailment Period and (ii) Deemed Delivered Energy in amounts below the Curtailment Cap. Buyer shall pay for Deemed Delivered Energy above the Curtailment Cap in accordance with paragraphs (a) and (b) of this Exhibit C. (e) Test Energy. Test Energy is compensated at the Test Energy Rate in accordance with Section 3.6.
AI#09_Att. A: Draft Power Purchase Agreement with Mayacma Geothermal, LLC Exhibit D - 1
115678033.2 0065872-00007
EXHIBIT D
SCHEDULING COORDINATOR RESPONSIBILITIES
(a) Buyer as Scheduling Coordinator for the Facility. Upon Initial Synchronization of the Facility to the CAISO Grid, Buyer (or its designated qualified third party) shall be the Scheduling Coordinator and provide Scheduling Coordinator services with the CAISO for the Facility for both the delivery and the receipt of Test Energy and the Product at the Delivery Point.
At least thirty (30) days prior to the Initial Synchronization of the Facility to the CAISO Grid, (i) Seller shall take all actions and execute and deliver to Buyer and the CAISO all documents necessary to authorize or designate Buyer (or Buyer’s designee) as the Scheduling Coordinator for the Facility effective as of the Initial Synchronization of the Facility to the CAISO Grid, and (ii) Buyer shall, and shall cause its designee to, take all actions and execute and deliver to Seller and the CAISO all documents necessary to authorize or designate Buyer or its designee as the Scheduling Coordinator for the Facility effective as of the Initial Synchronization of the Facility to the CAISO Grid. On and after Initial Synchronization of the Facility to the CAISO Grid, Seller shall not authorize or designate any other party to act as the Facility’s Scheduling Coordinator, nor shall Seller perform for its own benefit the duties of Scheduling Coordinator, and Seller shall not revoke Buyer’s authorization to act as the Facility’s Scheduling Coordinator unless agreed to by Buyer. Buyer (as the Facility’s SC) shall submit Schedules to the CAISO in accordance with this Agreement and the applicable CAISO Tariff, protocols and Scheduling practices for Product on a day-ahead, hour-ahead, fifteen-minute market or real time basis, as determined by Buyer. Buyer shall cause its Scheduling Coordinator to reasonably cooperate with Seller during the testing and commissioning of the Facility prior to the Commercial Operation Date. (b) Notices. Buyer (as the Facility’s SC) shall provide Seller with access to a web-based system through which Seller shall submit to Buyer (as the Facility’s SC) and the CAISO all notices and updates required under the CAISO Tariff regarding the Facility’s status, including, but not limited to, all outage requests, forced outages, forced outage reports, clearance requests, or must offer waiver forms. Seller will cooperate with Buyer to provide such notices and updates. If the web-based system is not available, Seller shall promptly submit such information to Buyer (as the Facility’s SC) and the CAISO (in order of preference) telephonically, by electronic mail, transmission to the personnel designated to receive such information. (c) CAISO Costs and Revenues. Except as otherwise set forth below, Buyer (as Scheduling Coordinator for the Facility) shall be responsible for CAISO costs (including penalties, Imbalance Energy costs, and other charges) and shall be entitled to all CAISO revenues (including credits, Imbalance Energy revenues, and other payments), including revenues associated with CAISO dispatches, bid cost recovery, Inter-SC Trade credits, or other credits in respect of the Product Scheduled or delivered from the Facility. Seller shall assume all liability and reimburse Buyer for any and all costs or charges, (i) incurred by Buyer because of Seller’s failure to perform its obligations under the Agreement, (ii) incurred by Buyer because of any outages for which notice has not been provided as required, (iii) associated with Resource Adequacy Capacity (as defined by the CAISO) from the Facility (including RAIMM and other Non-Availability Charges (as defined by the CAISO)), and (iv) to the extent arising as a result of Seller’s failure to comply with a timely Buyer Curtailment Order if such failure results in incremental costs to Buyer. The Parties agree that any Availability Incentive Payments (as defined in the CAISO Tariff) are for the benefit AI#09_Att. A: Draft Power Purchase Agreement with Mayacma Geothermal, LLC Exhibit D - 2
115678033.2 0065872-00007
of the Seller and for Seller’s account and that any Non-Availability Charges (as defined in the CAISO Tariff) are the responsibility of the Seller and for Seller’s account. In addition, if during the Delivery Term, the CAISO implements or has implemented any sanction or penalty related to scheduling requirements imposed on Seller as Facility owner (but not in connection with obligations of Buyer hereunder), outage reporting, or generator operation, and any such sanctions or penalties are imposed upon the Facility or to Buyer as Scheduling Coordinator due to failure by Seller to abide by the CAISO Tariff or the outage notification requirements set forth in this Agreement, the cost of the sanctions or penalties shall be the Seller’s responsibility. (d) CAISO Settlements. Buyer (as the Facility’s SC) shall be responsible for all settlement functions with the CAISO related to the Facility. Buyer shall render a separate invoice to Seller for any CAISO payments, charges or penalties (“CAISO Charges Invoice”) for which Seller is responsible under this Agreement. CAISO Charges Invoices shall be rendered after settlement information becomes available from the CAISO that identifies any CAISO charges.
Notwithstanding the foregoing, Seller acknowledges that the CAISO will issue additional invoices reflecting CAISO adjustments to such CAISO charges. Buyer will review, validate, and if requested by Seller under paragraph (e) below, dispute any charges that are the responsibility of Seller in a timely manner and consistent with Buyer’s existing settlement processes for charges that are Buyer’s responsibilities. Subject to Seller’s right to dispute and to have Buyer pursue the dispute of any such invoices, Seller shall pay the amount of CAISO Charges Invoices within ten (10) Business Days of Seller’s receipt of the CAISO Charges Invoice. If Seller fails to pay such CAISO Charges Invoice within that period, Buyer may net or offset any amounts owing to it for these CAISO Charges Invoices against any future amounts it may owe to Seller under this Agreement. The obligations under this Section with respect to payment of CAISO Charges Invoices shall survive the expiration or termination of this Agreement. (e) Dispute Costs. Buyer (as the Facility’s SC) may be required to dispute CAISO settlements in respect of the Facility. Buyer agrees to pay costs and expenses (including reasonable attorneys’ fees) associated with its involvement with such CAISO disputes, except to the extent they relate to CAISO charges payable by Seller under this Agreement with respect to the Facility. (f) Terminating Buyer’s Designation as Scheduling Coordinator. At least thirty (30) days prior to expiration of this Agreement or as soon as reasonably practicable upon an earlier termination of this Agreement, the Parties will take all actions necessary to terminate the designation of Buyer as Scheduling Coordinator for the Facility as of 11:59 p.m. on such expiration date.
(g) Master Data File and Resource Data Template. Seller shall provide the data to the CAISO (and to Buyer) that is required for the CAISO’s Master Data File and Resource Data Template (or successor data systems) for the Facility consistent with this Agreement. Neither Party shall change such data without the other Party’s prior written consent. (h) NERC Reliability Standards. Buyer (as Scheduling Coordinator) shall cooperate reasonably with Seller to the extent necessary to enable Seller to comply, and for Seller to demonstrate Seller’s compliance with, NERC reliability standards. This cooperation shall include the provision of information in Buyer’s possession that Buyer (as Scheduling Coordinator) has provided to the CAISO related to the Facility or actions taken by Buyer (as Scheduling Coordinator) related to Seller’s compliance with NERC reliability standards.
AI#09_Att. A: Draft Power Purchase Agreement with Mayacma Geothermal, LLC Exhibit E - 1
115678033.2 0065872-00007
EXHIBIT E
PROGRESS REPORTING FORM
Each Progress Report must include the following items:
1. Executive Summary.
2. Facility description.
3. Site plan of the Facility.
4. Description of any material planned changes to the Facility or the Site.
5. Gantt chart schedule showing progress on achieving each of the Milestones.
6. Summary of activities during the previous calendar quarter or month, as applicable, including any OSHA labor hour reports.
7. Forecast of activities scheduled for the current calendar quarter.
8. Written description about Seller’s progress towards achieving the Milestones, including whether Seller has met or is on target to meet the Milestones, identification of any missed Milestones, including the cause of delay, and a detailed description of Seller’s corrective actions to achieve the missed Milestones and all subsequent Milestones by the Guaranteed Commercial Operation Date.
9. List of issues that are likely to potentially affect Seller’s Milestones.
10. A status report of start-up activities including a forecast of activities ongoing and after start-up, a report on Facility performance including performance projections for the next twelve (12) months.
11. Prevailing wage reports as required by Law.
12. Progress and schedule of all major agreements, contracts, permits, approvals, technical studies, financing agreements and major equipment purchase orders showing the start dates, completion dates, and completion percentages.
13. Pictures, in sufficient quantity and of appropriate detail, in order to document construction and startup progress of the Facility, the interconnection into the Transmission System and all other interconnection utility services.
14. Supplier Diversity Reporting (if applicable). Format to be provided by Buyer.
15. Any other documentation reasonably requested by Buyer.
AI#09_Att. A: Draft Power Purchase Agreement with Mayacma Geothermal, LLC Exhibit F-1 - 1
115678033.2 0065872-00007
EXHIBIT F-1
FORM OF AVERAGE EXPECTED ENERGY REPORT
Average Expected Energy (in MWh)
1:00 2:00 3:00 4:00 5:00 6:00 7:00 8:00 9:00 10:00 11:00 12:00 13:00 14:00 15:00 16:00 17:00 18:00 19:00 20:00 21:00 22:00 23:00 24:00 JAN
FEB
MAR
APR
MAY
JUN
JUL
AUG
SEP
OCT
NOV
DEC
The foregoing table is provided for informational purposes only, and it shall not constitute, or be deemed to constitute, an obligation of any of the Parties to this Agreement.
AI#09_Att. A: Draft Power Purchase Agreement with Mayacma Geothermal, LLC Exhibit F-2 - 1
115678033.2 0065872-00007
EXHIBIT F-2
FORM OF MONTHLY AVAILABLE CAPACITY FORECAST
Available Generating Capacity (in MWh) – [Insert Month] 1:00 2:00 3:00 4:00 5:00 6:00 7:00 8:00 9:00 10:00 11:00 12:00 13:00 14:00 15:00 16:00 17:00 18:00 19:00 20:00 21:00 22:00 23:00 24:00 Day 1
Day 2
Day 3
Day 4
Day 5
[insert additional rows for each day in the month]
Day
29 Day
30 Day
31 The foregoing table is provided for informational purposes only, and it shall not constitute, or be deemed to constitute, an obligation of any of the Parties to this Agreement.
AI#09_Att. A: Draft Power Purchase Agreement with Mayacma Geothermal, LLC Exhibit G - 1
115678033.2 0065872-00007
EXHIBIT G
GUARANTEED ENERGY PRODUCTION DAMAGES CALCULATION
In accordance with Section 4.7, if Seller fails to achieve the Guaranteed Energy Production during any Performance Measurement Period, a liquidated damages payment shall be due from Seller to Buyer, calculated as follows:
[(A – B) * (C – D)]
where:
A = the Guaranteed Energy Production amount for the Performance Measurement Period, in MWh
B = the Adjusted Energy Production amount for the Performance Measurement Period, in MWh
C = Price for Replacement Product for the Contract Year, in $/MWh, which shall be calculated by Buyer in a commercially reasonable manner. Buyer is not required to enter into a replacement transaction in order to determine this amount.
D = the Contract Price for the Contract Year, in $/MWh
No payment shall be due if the calculation of (A - B) or (C - D) yields a negative number.
Buyer will send Seller Notice of the amount of damages owing, if any, and such amount shall be payable to Buyer within thirty (30) days from the date of such Notice.
As used above:
“Adjusted Energy Production” shall mean the sum of the following: Facility Energy + Deemed Delivered Energy + Lost Output + Replacement Product. “Lost Output” has the meaning given in Section 4.7 of the Agreement. The Lost Output shall be calculated in the same manner as Deemed Delivered Energy is calculated, in accordance with the definition thereof.
“Replacement Energy” means energy produced by a facility other than the Facility that, at the time delivered to Buyer, qualifies under Public Utilities Code 399.16(b)(1), and has Green Attributes that have the same or comparable value, including with respect to the timeframe for retirement of such Green Attributes, if any, as the Green Attributes that would have been generated by the Facility during the Contract Year for which the Replacement Energy is being provided, and that is scheduled as an Inter-SC Trade to Buyer and delivered to a delivery point and upon a schedule that is reasonably acceptable to Buyer.
“Replacement Green Attributes” means Renewable Energy Credits of the same Portfolio Content Category (i.e., PCC1) as the Green Attributes portion of the Product and of the same AI#09_Att. A: Draft Power Purchase Agreement with Mayacma Geothermal, LLC Exhibit G - 2
115678033.2 0065872-00007
timeframe for retirement as the Renewable Energy Credits that would have been generated by the Facility during the Performance Measurement Period for which the Replacement Green Attributes are being provided.
“Replacement Product” means (a) Replacement Energy and (b) Replacement Green Attributes.
AI#09_Att. A: Draft Power Purchase Agreement with Mayacma Geothermal, LLC Exhibit H - 1
115678033.2 0065872-00007
EXHIBIT H
FORM OF COMMERCIAL OPERATION DATE CERTIFICATE
This certification (“Certification”) of Commercial Operation is delivered by [Licensed Professional Engineer] (“Engineer”) to Marin Clean Energy, a California joint powers authority (“Buyer”) in accordance with the terms of that certain Renewable Power Purchase Agreement dated [date] (“Agreement”) by and between Mayacma Geothermal LLC, a Delaware limited liability company (“Seller”), and Buyer. All capitalized terms used in this Certification but not otherwise defined herein shall have the respective meanings assigned to such terms in the Agreement.
As of [date], Engineer hereby certifies and represents to Buyer the following:
1. Seller has installed equipment for the Facility with a nameplate capacity of no less than ninety-five percent (95%) of the Guaranteed Capacity.
2. The Facility’s testing included a performance test demonstrating peak electrical output of no less than ninety-five percent (95%) of the Guaranteed Capacity for the Facility at the Delivery Point, as adjusted for ambient conditions on the date of the Facility testing, and such peak electrical output, as adjusted, was [peak output in MW].
3. The Facility is fully operational, reliable and interconnected, fully integrated and synchronized with the Transmission System.
4. Seller has demonstrated functionality of the Facility’s communication systems and automatic generation control (AGC) interface to operate the Facility as necessary to respond and follow instructions, including an electronic signal conveying real time and intra-day instructions, directed by the Buyer in accordance with the Agreement and/or the CAISO.
5. Seller has commissioned all equipment in accordance with its respective manufacturer’s specifications,
6. Authorization to parallel the Facility was obtained by the Participating Transmission Provider, [Name of Participating Transmission Owner as appropriate] on [date].
7. The Transmission Provider has provided documentation supporting full unrestricted release for Commercial Operation by [Name of Participating Transmission Owner as appropriate] on [date].
8. The CAISO has provided notification supporting Commercial Operation, in accordance with the CAISO Tariff on [date].
EXECUTED by [Licensed Professional Engineer]
this ________ day of _____________, 20__.
AI#09_Att. A: Draft Power Purchase Agreement with Mayacma Geothermal, LLC Exhibit H - 2
115678033.2 0065872-00007
[LICENSED PROFESSIONAL ENGINEER]
By:
Printed Name:
Title:
AI#09_Att. A: Draft Power Purchase Agreement with Mayacma Geothermal, LLC Exhibit I - 1
115678033.2 0065872-00007
EXHIBIT I
FORM OF INSTALLED CAPACITY CERTIFICATE
This certification (“Certification”) of Installed Capacity is delivered by [Licensed Professional Engineer] (“Engineer”) to Marin Clean Energy, a California joint powers authority (“Buyer”) in accordance with the terms of that certain Renewable Power Purchase Agreement dated [date] (“Agreement”) by and between Mayacma Geothermal LLC, a Delaware limited liability company (“Seller”) and Buyer. All capitalized terms used in this Certification but not otherwise defined herein shall have the respective meanings assigned to such terms in the Agreement.
I hereby certify that the performance test for the Facility demonstrated peak electrical output of __ MW AC at the Delivery Point, as adjusted for ambient conditions on the date of the performance test (“Installed Capacity”).
EXECUTED by [Licensed Professional Engineer]
this ________ day of _____________, 20__.
[LICENSED PROFESSIONAL ENGINEER]
By:
Printed Name:
Title:
AI#09_Att. A: Draft Power Purchase Agreement with Mayacma Geothermal, LLC Exhibit J - 1
115678033.2 0065872-00007
EXHIBIT J
FORM OF CONSTRUCTION START DATE CERTIFICATE
This certification of Construction Start Date (“Certification”) is delivered by Mayacma Geothermal LLC, a Delaware limited liability company (“Seller”) to Marin Clean Energy, a California joint powers authority (“Buyer”) in accordance with the terms of that certain Renewable Power Purchase Agreement dated [date] (“Agreement”) by and between Seller and Buyer. All capitalized terms used in this Certification but not otherwise defined herein shall have the respective meanings assigned to such terms in the Agreement.
Seller hereby certifies and represents to Buyer the following:
1. Construction Start (as defined in Exhibit B of the Agreement) has occurred, and a copy of the notice to proceed that Seller issued to its contractor as part of Construction Start is attached hereto;
2. the Construction Start Date occurred on [date] (the “Construction Start Date”); and
3. the precise Site on which the Facility is located is, which must be within the boundaries of the previously identified Site: ___________________________________________.
IN WITNESS WHEREOF, the undersigned has executed this Certification on behalf of Seller this ________ day of _____________, 20__.
[_______________________________]
By:
Printed Name:
Title:
AI#09_Att. A: Draft Power Purchase Agreement with Mayacma Geothermal, LLC Exhibit K - 1
115678033.2 0065872-00007
EXHIBIT K
FORM OF LETTER OF CREDIT
[Issuing Bank Letterhead and Address]
IRREVOCABLE STANDBY LETTER OF CREDIT NO. [XXXXXXX]
Date: _____________________
Bank Ref.: _________________
Amount: US$_______________
Expiration Date: ____________
APPLICANT DETAILS TO BE PROVIDED
Beneficiary:
Marin Clean Energy
1125 Tamalpais Avenue
San Rafael, CA 94901
Attn: Director of Finance
Ladies and Gentlemen:
By the order of __________ (“Applicant”), we, [insert bank name and address] (“Issuer”) hereby issue our Irrevocable Standby Letter of Credit No. [XXXXXXX] (the “Letter of Credit”) in favor of Marin Clean Energy, a California joint powers authority (“Beneficiary”), for an amount not to exceed the aggregate sum of U.S. $[XXXXXX] (United States Dollars [XXXXX] and 00/100), pursuant to that certain Renewable Power Purchase Agreement dated as of [Date of Contract / Agreement should be in the past or on the date of issuance. In case of future contract date the Letter of Credit text will be adjusted to reflect this change] and as amended (the “Agreement”) between Applicant and Beneficiary. This Letter of Credit shall become effective immediately and shall expire on [XXXXXX] which is one year after the issue date of this Letter of Credit, or any expiration date extended in accordance with the terms hereof (the “Expiration Date”).
Funds under this Letter of Credit are available to Beneficiary by presentation on or before the Expiration Date of a dated statement purportedly signed by your duly authorized representative, in the form attached hereto as Exhibit A, containing one of the two alternative paragraphs set forth in paragraph 2 therein, referencing our Letter of Credit No. [XXXXXXX] (“Drawing Certificate”).
The Drawing Certificate may be presented by (a) physical delivery, (b) email to [bank email address], or (c) facsimile to [bank fax number] [optional if bank needs fax confirmation -, confirmed by [email to [bank email address]] [telephone confirmation to the Issuer at [phone number]. Transmittal by facsimile or email shall be deemed delivered when received.
The original of this Letter of Credit (and all amendments, if any) is not required to be presented in connection with any presentment of a Drawing Certificate by Beneficiary hereunder in order to AI#09_Att. A: Draft Power Purchase Agreement with Mayacma Geothermal, LLC Exhibit K - 2
115678033.2 0065872-00007
receive payment.
We hereby agree with the Beneficiary that documents presented under and in compliance with the terms of this Letter of Credit will be duly honored upon presentation to the Issuer on or before the Expiration Date. All payments made under this Letter of Credit shall be made with Issuer’s own immediately available funds by means of wire transfer in immediately available United States dollars to Beneficiary’s account as indicated by Beneficiary in its Drawing Certificate or in a communication accompanying its Drawing Certificate.
Partial draws are permitted under this Letter of Credit, and this Letter of Credit shall remain in full force and effect with respect to any continuing balance.
It is a condition of this Letter of Credit that the Expiration Date shall be deemed automatically extended without an amendment for a one year period beginning on the present Expiration Date hereof and upon each anniversary for such date, unless at least one hundred twenty (120) days prior to any such Expiration Date we have sent to you written notice by registered mail or overnight courier service that we elect not to extend this Letter of Credit, in which case it will expire on the date specified in such notice. No presentation made under this Letter of Credit after such Expiration Date will be honored.
Notwithstanding any reference in this Letter of Credit to any other documents, instruments or agreements, this Letter of Credit contains the entire agreement between Beneficiary and Issuer relating to the obligations of Issuer hereunder.
This Letter of Credit is issued subject to the rules of the ‘International Standby Practices 1998’, International Chamber of Commerce Publication No. 590 (“ISP98”) and, as to matters not addressed by ISP98, shall be governed and construed in accordance with the laws of state of California.
Please address all correspondence regarding this Letter of Credit to the attention of the Letter of Credit Department at [insert bank address information], referring specifically to Issuer’s Letter of Credit No. [XXXXXXX]. For telephone assistance, please contact Issuer’s Standby Letter of Credit Department at [XXX-XXX-XXXX] and have this Letter of Credit available.
All notices to Beneficiary shall be in writing and are required to be sent by certified letter, overnight courier, or delivered in person to: Marin Clean Energy, Attn: Director of Finance, 1125 Tamalpais Avenue San Rafael, CA 94901. Only notices to Beneficiary meeting the requirements of this paragraph shall be considered valid. Any notice to Beneficiary which is not in accordance with this paragraph shall be void and of no force or effect. [Bank Name]
___________________________
[Insert officer name]
[Insert officer title]
AI#09_Att. A: Draft Power Purchase Agreement with Mayacma Geothermal, LLC Exhibit K - 3
115678033.2 0065872-00007
Exhibit A: (DRAW REQUEST SHOULD BE ON BENEFICIARY’S LETTERHEAD) Drawing Certificate
[Insert Bank Name and Address]
Ladies and Gentlemen:
The undersigned, a duly authorized representative of Marin Clean Energy, a California joint powers authority, as beneficiary (the “Beneficiary”) of the Irrevocable Letter of Credit No. [XXXXXXX] (the “Letter of Credit”) issued by [insert bank name] (the “Bank”) by order of __________ (the “Applicant”), hereby certifies to the Bank as follows:
1. Applicant and Beneficiary are party to that certain Renewable Power Purchase Agreement dated as of ___________, 2022 (the “Agreement”).
2. Beneficiary is making a drawing under this Letter of Credit in the amount of U.S. $___________ because a Seller Event of Default (as such term is defined in the Agreement) or other occasion provided for in the Agreement where Beneficiary is authorized to draw on the Letter of Credit has occurred.
OR
Beneficiary is making a drawing under this Letter of Credit in the amount of U.S. $___________, which equals the full available amount under the Letter of Credit, because Applicant is required to maintain the Letter of Credit in force and effect beyond the Expiration Date of the Letter of Credit but has failed to provide Beneficiary with a replacement Letter of Credit or other acceptable instrument within forty-five (45) days prior to such Expiration Date.
3. The undersigned is a duly authorized representative of Marin Clean Energy, a California joint powers authority and is authorized to execute and deliver this Drawing Certificate on behalf of Beneficiary.
You are hereby directed to make payment of the requested amount to Marin Clean Energy, a California joint powers authority by wire transfer in immediately available funds to the following account:
[Specify account information]
Marin Clean Energy
_______________________________
Name and Title of Authorized Representative
Date___________________________
AI#09_Att. A: Draft Power Purchase Agreement with Mayacma Geothermal, LLC Exhibit L - 1
115678033.2 0065872-00007
EXHIBIT L
FORM OF GUARANTY
This Guaranty (this “Guaranty”) is entered into as of [date] (the “Effective Date”) by and between [_____], a [______] (“Guarantor”), and Marin Clean Energy, a California joint powers authority (together with its successors and permitted assigns, “Buyer”).
Recitals
A. Buyer and Mayacma Geothermal LLC, a Delaware limited liability company (“Seller”), entered into that certain Renewable Power Purchase Agreement (as amended, restated or otherwise modified from time to time, the “PPA”) dated as of [____], 2022.
B. Guarantor is entering into this Guaranty as Performance Security to secure Seller’s obligations under the PPA, as required by Section 8.8 of the PPA.
C. It is in the best interest of Guarantor to execute this Guaranty inasmuch as Guarantor will derive substantial direct and indirect benefits from the execution and delivery of the PPA.
D. Initially capitalized terms used but not defined herein have the meaning set forth in the PPA.
Agreement
1. Guaranty. For value received, Guarantor does hereby unconditionally, absolutely and irrevocably guarantee, as primary obligor and not as a surety, to Buyer the full, complete and prompt payment by Seller of any and all amounts and payment obligations now or hereafter owing from Seller to Buyer under the PPA, including, without limitation, compensation for penalties, the Termination Payment, indemnification payments or other damages, as and when required pursuant to the terms of the PPA (the “Guaranteed Amount”), provided, that Guarantor’s aggregate liability under or arising out of this Guaranty shall not exceed ________ Dollars ($___________). The Parties understand and agree that any payment by Guarantor or Seller of any portion of the Guaranteed Amount shall thereafter reduce Guarantor’s maximum aggregate liability hereunder on a dollar-for-dollar basis. This Guaranty is an irrevocable, absolute, unconditional and continuing guarantee of the full and punctual payment and performance, and not of collection, of the Guaranteed Amount and, except as otherwise expressly addressed herein, is in no way conditioned upon any requirement that Buyer first attempt to collect the payment of the Guaranteed Amount from Seller, any other guarantor of the Guaranteed Amount or any other Person or entity or resort to any other means of obtaining payment of the Guaranteed Amount. In the event Seller shall fail to duly, completely or punctually pay any Guaranteed Amount as required pursuant to the PPA, Guarantor shall promptly pay such amount as required herein.
2. Demand Notice. For avoidance of doubt, a payment shall be due for purposes of this Guaranty only when and if a payment is due and payable by Seller to Buyer under the terms and conditions of the Agreement. If Seller fails to pay any Guaranteed Amount as required pursuant AI#09_Att. A: Draft Power Purchase Agreement with Mayacma Geothermal, LLC Exhibit L - 2
115678033.2 0065872-00007
to the PPA for five (5) Business Days following Seller’s receipt of Buyer’s written notice of such failure (the “Demand Notice”), then Buyer may elect to exercise its rights under this Guaranty and may make a demand upon Guarantor (a “Payment Demand”) for such unpaid Guaranteed Amount.
A Payment Demand shall be in writing and shall reasonably specify in what manner and what amount Seller has failed to pay and an explanation of why such payment is due and owing, with a specific statement that Buyer is requesting that Guarantor pay under this Guaranty. Guarantor shall, within five (5) Business Days following its receipt of the Payment Demand, pay the Guaranteed Amount to Buyer.
3. Scope and Duration of Guaranty. This Guaranty applies only to the Guaranteed Amount.
This Guaranty shall continue in full force and effect from the Effective Date until the earlier of the following: (x) all Guaranteed Amounts have been paid in full (whether directly or indirectly through set-off or netting of amounts owed by Buyer to Seller), or (y) replacement Performance Security is provided in an amount and form required by the terms of the PPA. Further, this Guaranty (a) shall remain in full force and effect without regard to and shall not be affected or impaired by any invalidity, irregularity or unenforceability in whole or in part of this Guaranty, and (b) subject to the preceding sentence, shall be discharged only by complete performance of the undertakings herein. Without limiting the generality of the foregoing, the obligations of the Guarantor hereunder shall not be released, discharged, or otherwise affected and this Guaranty shall not be invalidated or impaired or otherwise affected for the following reasons:
(i) the extension of time for the payment of any Guaranteed Amount, or (ii) any amendment, modification or other alteration of the PPA, or (iii) any indemnity agreement Seller may have from any party, or (iv) any insurance that may be available to cover any loss, except to the extent insurance proceeds are used to satisfy the Guaranteed Amount, or
(v) any voluntary or involuntary liquidation, dissolution, receivership, insolvency, bankruptcy, assignment for the benefit of creditors, reorganization, arrangement, composition or readjustment of, or other similar proceeding affecting, Seller or any of its assets, including but not limited to any rejection or other discharge of Seller’s obligations under the PPA imposed by any court, trustee or custodian or any similar official or imposed by any law, statue or regulation, in each such event in any such proceeding, or
(vi) the release, modification, waiver or failure to pursue or seek relief with respect to any other guaranty, pledge or security device whatsoever, or (vii) any payment to Buyer by Seller that Buyer subsequently returns to Seller pursuant to court order in any bankruptcy or other debtor-relief proceeding, or (viii) those defenses based upon (A) the legal incapacity or lack of power or authority of any Person, including Seller and any representative of Seller to enter into the PPA or perform its obligations thereunder, (B) lack of due execution, delivery, validity or enforceability, including of the PPA, or (C) Seller’s inability to pay any Guaranteed Amount or perform its obligations under the PPA, or AI#09_Att. A: Draft Power Purchase Agreement with Mayacma Geothermal, LLC Exhibit L - 3
115678033.2 0065872-00007
(ix) any other event or circumstance that may now or hereafter constitute a defense to payment of the Guaranteed Amount, including, without limitation, statute of frauds and accord and satisfaction;
provided that, subject to Guarantor’s payment of a Guaranteed Amount in accordance with Paragraph 2, Guarantor reserves the right to assert for itself in a subsequent proceeding any defenses, setoffs or counterclaims that Seller is or may be entitled to assert against Buyer (except for such defenses, setoffs or counterclaims that may be asserted by Seller with respect to the PPA, but that are expressly waived under any provision of this Guaranty).