PG&E 2022 PCIA RPS Voluntary Allocation
and D.13-11-024.]
-11-025; D.10-03-021, as modified by D.11-01-025;
MASTER POWER PURCHASE AND SALE AGREEMENT
RENEWABLES PORTFOLIO STANDARD ENERGY ALLOCATION
CONFIRMATION LETTER
BETWEEN
SILICON VALLEY CLEAN ENERGY AUTHORITY, A CALIFORNIA JOINT
POWERS AUTHORITY
AND
PACIFIC GAS AND ELECTRIC COMPANY
Silicon Valley Clean
Energy Authority, a California Joint Powers Authority Party A Buyer , and Pacific Gas Party B Seller , each individually a
which becomes effective on the date fully executed by both P
as such term is defined in this Confirmation. This Transaction is governed by the Master Power Purchase and Sale Agreement between the Parties, effective as of 10/25/2017, together with the Cover Sheet, the Collateral Annex and Paragraph 10 to the Collateral Annex, and any other annexes thereto (collectively, as amended, restated, supplemented, or otherwise modified from defined in this Confirmation, have the meanings specified for such terms in the Master Agreement, the RPS (defined herein) or the Tariff (defined herein), as applicable. If there is a conflict between the terms in this Confirmation and those in the Master Agreement, this Confirmation shall control.
Section references herein are to this Confirmation unless otherwise noted.
ARTICLE 1
PRODUCT
1.1 Product. (a) all RPS Energy and Green Attributes generated and associated with the non-Greengate Resources in the Resource Pools, and (b) all Green Attributes associated with the Greengate Resources in the Resource Pools. During the Delivery Period, Seller shall provide Buyer Product equal to the Total Allocation Amount.
1.2 Exclusive Right. Buyer has exclusive right to Product for the Total Allocation Amount, including the right to account for or report Product equal to the Total Allocation Amount to a Governmental Entity.
Appendix A
("PARTY A")
("PARTY B")
This confirmation letter ("Confirmation") confirms the Transaction between C" " or "' ")
and Electric Company, a California corporation, (" " or " '') "Party" and together the "Parties'',
arties (the "Confirmation Effective Date"), in which Seller agrees to provide to Buyer Product, time to time, the ·'Master Agreement"'). The Master Agreement and this Confirmation are collecti vely referred to herein as the "Agreement". Capitalized terms used but not otherwise !Standard contract terms and conditions shown in shaded text arc those that .. may not h modified" per CPUC Decisions "D." 07
---·'Product" means
Buver's
PG&E 2022 PCIA RPS Voluntary Allocation
ARTICLE 2
TOTAL ALLOCATION AMOUNT
2.1 Total Allocation Amount Total s the sum of the Total Short-Term Allocation Amount and the Total Long-Term Allocation Amount.
2.2 Total Short-Term Allocation Amount. The Total Short-Term Allocation Amount is the sum of all Monthly Short-Term Allocation Amounts in the Delivery Period. For every month in the Delivery Period, the Monthly Short-Term Allocation Amount will be the sum of all PCIA Short-Term Allocation Amounts in the month, where a Short-Term Allocation every PCIA vintage applicable to Buyer as the sum of (a) the product of (i) Short-Term A Allocation Election, multiplied by (ii) Allocation Share for the applicable PCIA vintage, multiplied by (iii) the difference between (x) total RPS Energy for that month for every Resource in the Short-Term Resource Pool with the corresponding PCIA vintage, minus (y) any applicable Third Party Sales, plus (b) the product of (i) Short-Term B Allocation Election, multiplied by (ii) Allocation Share for the applicable PCIA vintage, multiplied by (iii) the difference between (x) total RPS Energy for that month for every Resource in the Long-Term Resource Pool with the corresponding PCIA vintage, minus (y) any applicable Third Party Sales.
2.3 Total Long-Term Allocation Amount. The Total Long-Term Allocation Amount is the sum of all Monthly Long-Term Allocation Amounts in the Delivery Period. For every month in the Delivery Period, the Monthly Long-Term Allocation Amount for a month will be the sum of all PCIA Long-Term Allocation Amounts in the month, where a -Term will be calculated for every PCIA vintage applicable to Buyer as the product of (i) Long-Term Allocation Election, multiplied by (ii) Allocation Share for the applicable PCIA vintage, multiplied by (iii) the difference between (x) total RPS Energy for that month for every Resource in the Long-Term Resource Pool with the corresponding PCIA vintage, minus (y) any applicable Third Party Sales.
2.5 Change in Resource Pools. Seller may remove a Resource from the Resource Pools for the following reasons: (i) if s power purchase agreement corresponding to the Resource -eligible portfolio
due to an order or direction from a Governmental Authority or Governmental Entity, or (iii) if the Resource is owned by Seller but ceases operation for Seller. Seller may add Resources to the Resource Pools in the following ways: (a) Seller may add Resources with PCIA vintages corresponding to the PCIA vintages where Buyer has an Allocation Share, or (b) Seller may add Appendix A
" Allocation Amount" mean
" "
" " "PCIA
Amount" will be calculated for
" "
" "
"PCTA Long
Allocation Amount"
Seller'
has expired or is terminated, (ii) if the Resource is no longer in Seller's PCTA
PG&E 2022 PCIA RPS Voluntary Allocation
-
Resources from Customer Programs listed in Appendix D. With the exception of expirations of x B, Appendix C, and Appendix D, Seller
will provide Notice to Buyer identifying the facility or facilities that constitute the Resources being removed or added to the Resource Pools as soon as reasonably practicable. Seller shall retain the sole and absolute discretion to modify, enforce, or terminate its power purchase agreements for Resources during the Delivery Period. Buyer shall not have any right to or discretion to request changes to the Resources or the Resource Pools during the Delivery Period.
2.6 Third Party Sales. From the Confirmation Effective Date throughout the Delivery The amount of Third Party Sales will be incorporated in the calculation of the Monthly Short-Term Allocation Amount and Monthly Long-Term Allocation Amount for the applicable month in accordance with Article 2.
ARTICLE 3
3.1 Delivery. Throughout the Delivery Period, Seller shall deliver, and Buyer shall receive, Product in accordance with the Confirmation. Seller, or a qualified third party designated by Seller, will act as Scheduling Coordinator to deliver Product in each hour to the CAISO at the Delivery Point. Buyer shall take title and risk of loss of Product at the applicable Delivery Point selected by Seller.
3.2 Delivery Point. The Delivery Point is and shall mean where Seller, or a qualified third party designated by Seller, shall deliver to, and Buyer shall take possession of, Product, which shall be NP 15, SP 15, and/or ZP 26, as selected by Seller, except for Product from Greengate Resources, which will be conveyed in accordance with Article 4.
3.3 Delivery Period. The Delivery Period shall commence on January 1, 2023 and last through and until (a) December 31, 2024 for deliveries of the Short-Term Allocation Amount and/or (b) the Long-Term End Date for deliveries of the Long-Term Allocation Amount; provided that with regards to the Green Attributes portion of Product, the Delivery Period shall last through and until that date upon which the amount of Green Attributes conveyed to Buyer meets the Total Allocation Amount. The Long-Term End Date will be determined by comparing the end dates of all power purchase agreements for Resources in the Long-Term Resource Pool with a PCIA vintage applicable to Buyer, and the latest end date will ARTICLE 4
CONVEYANCE OF GREEN ATTRIBUTES
4.1 Green Attributes. Seller represents and warrants that Seller holds the rights to such Green Attributes from the Resources in the Resource Pools and Seller agrees to convey such Green Attributes to Buyer as included in the delivery of Product from the Resources in the Resource Pools subject to the terms and conditions of this Agreement.
4.2 Conveyance of Green Attributes. Seller shall convey to Buyer the Green Attributes associated with Product no later than twenty-five (25) Business Days once the following have occurred: (a) Seller has obtained the WREGIS Certificates for the Green Attributes for the Appendix A
Seller's power purchase agreements listed in Appendi
Period, Seller shall have the right to sell all or any portion of Product to a third party ("Third Party Sale").
DELIVERY
" "
" "
be the "Long Term End Date."
PG&E 2022 PCIA RPS Voluntary Allocation
applicable Calculation Period or calendar year and (b) Seller has received Monthly Cash Settlement Amount in accordance with Article 5 herein. Since WREGIS Certificates will only be created for whole MWh amounts of RPS 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. During the Delivery Period, Seller shall account in an aggregate amount equivalent to the Total Allocation Amount.
4.3 WREGIS Certificate True-Up. True-Up
deficit or surplus in WREGIS Certificates delivered to Buyer for a calendar month as compared to the sum of the (a) Monthly Short-Term Allocation Amount, plus (b) the Monthly Long-Term Allocation Amount f True-Up Any adjustments to resolve
a WREGIS Certificate True-Up
Buyer in accordance with Article 5, provided that no adjustments will be made for any WREGIS Certificate True-Up after twenty-four (24) months from the True-Up Month.
ARTICLE 5
COMPENSATION
5.1 Calculation Period.
portion thereof that Delivery was conveyed to Buyer.
5.2 Monthly Cash Settlement Amount. Buyer shall pay Seller the Monthly Cash Settlement Amount, in arrears, for each Calculation Period.
Monthly a particular Calculation Period shall be equal
to (a) plus (b) minus (c), where:
(a) equals the product of the (i) Index Price multiplied by (ii) the sum of (x) Monthly Short-Term Allocation Amount, plus (y) Monthly Long-Term Allocation Amount; and
(b) equals the product of (i) either (x) the forecasted RPS MPB for the applicable year, or (y) if available, the final RPS MPB for the applicable year, multiplied by (ii) the sum of (a) Monthly Short-Term Allocation Amount, plus (b) Monthly Long-Term Allocation Amount; and
(c) equals the product of the (i) Index Price multiplied by (ii) the sum of (x) Monthly Short-Term Allocation Amount, plus (y) Monthly Long-Term Allocation Amount.
5.3 Annual Cash Settlement Amount. By March 31 of each calendar year, Seller will perform a true-up process for every Monthly Cash Settlement Amount from the previous year , where Seller will recalculate every Monthly Cash
Settlement Amount from the prior calendar year that used the forecasted RPS MPB to instead use the final RPS MPB in congruence with Section 5.2.
Appendix A
Buyer's payment of the
transfer all ri ght, title, and interest in and to the WREGIS Certificates to Buyer's WREGIS A "WREGIS Certificate ----------- '' means any
or the same calendar month (" Month'}
wi ll be made as an adjustment on Sell er's monthly invoice to The "Calculation Period" shall be each calendar month or ------- The" Cash Settlement Amount" for
("Annual Cash Settlement Amount")
PG&E 2022 PCIA RPS Voluntary Allocation
(a) If, after determination of the Annual Cash Settlement Amount, Buyer owes Seller, Seller will invoice Buyer on the next monthly invoice. (b) If, after determination of the Annual Cash Settlement Amount, Seller owes Buyer, Seller shall credit Buyer within each future monthly invoice until the Annual Cash Settlement Amount is paid. If Seller owes Buyer and there are no remaining Calculation Periods, Seller shall pay Buyer the remaining Annual Cash Settlement Amount balance on the last monthly invoice.
5.4 Payment. Notwithstanding anything to the contrary in Article Six of the Master Agreement, Buyer shall pay Seller the Monthly Cash Settlement Amount four (4) calendar months following the applicable Calculation Period and on or before the later of: (a) the twenty-fifth (25th) day of the month in which Buyer receives from Seller an invoice for the Calculation Period to which the Monthly Cash Settlement Amount pertains, or (b) within fifteen (15) days following receipt of an invoice issued by Seller for such applicable Calculation Period, provided that if such payment due date is not a Business Day, then on the next Business Day. This provision shall survive termination or expiration of the Agreement for all amounts due prior to such termination or expiration.
ARTICLE 6
CREDIT TERMS
The credit and collateral terms set forth in the Master Agreement shall not apply to either Party to this Confirmation.
ARTICLE 7
7.1 Seller Representations and Warranties. Seller, and, if applicable, its successors, represents and warrants that throughout the Delivery Term of this Agreement that: (i) the Project (a) Project
immediately preceding paragraph means Resources in the Resource Pool, and the phrase the Delivery Period.
7.2 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 term is defined in Public Utilities
output delivered to Buyer 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.
Appendix A
SELLER'S REPRESENTATIONS, WARRANTIES, AND COVENA TS
ualities and is certified by the CEC as an Eligible Renew·able Energy Resource ("'ERR'') as sue Code Section 399.12 or Section 399.16; and (ii) the Project's For the avoidance of doubt, the term " " as used in the "Delivery Term" means
PG&E 2022 PCIA RPS Voluntary Allocation
Event of Default if Seller has used commercially reasonable efforts to comply with such change in law.
(a) For the avoidance of doubt, the phrase Delivery Term the immediately preceding paragraph means the Delivery Period.
7.3 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. (a)
immediately preceding paragraph means this Confirmation, and the means the first date of the Delivery Period.
7.4 In addition to the foregoing, Seller warrants, represents and covenants, as of the Confirmation Effective Date and throughout the Delivery Period, that:
(a) Seller has the contractual rights to sell all right, title, and interest in Product required to be delivered hereunder;
(b) at the time of delivery, all rights, title, and interest in Product required to be delivered hereunder are free and clear of all liens, taxes, claims, security interests, or other encumbrances of any kind whatsoever;
(c) Seller shall not substitute or purchase any Product from any generating resource other than the Resources in the Resource Pools hereunder; and (d) the facility(s) designated by Seller as the Resources in the Resource Pools and all electrical output from the facility(s) designated as the Resources in the Resource Pools are, or will be, by the first date of the Delivery Period, registered with WREGIS as RPS-eligible.
ARTICLE 8
TERMINATION AND CALCULATION OF TERMINATION PAYMENT
In the event this Transaction becomes a Terminated Transaction pursuant to Section 5.2 of the Master Agreement, then the Settlement Amount with respect to this Transaction shall not be calculated in accordance with the Master Agreement, but instead shall be calculated as follows:
The Non-Defaulting Party shall determine its Gains and Losses by determining the Market Quotation Average Price for the Terminated Transaction. In the event the Non-Defaulting Party is not able, after commercially reasonable efforts, to obtain the Market Quotation Average Price with respect to the Terminated Transaction, then the Non-Defaulting Party shall calculate its Gains and Losses for the Terminated Transaction in a commercially reasonable manner by calculating the arithmetic mean of the quotes of at least three (3) Broker or Index Quotes based on the offers to sell or bids to buy, as applicable, obtained for transactions substantially similar to the Terminated Transaction. Such Broker or Index Quotes must be obtained assuming that the Party obtaining the quote will provide sufficient credit support for the proposed transaction. In the event Appendix A
" "as used in
For the avoidance of doubt, the term ·'contract" as used in the phrase "first delivery"
PG&E 2022 PCIA RPS Voluntary Allocation
the Non-Defaulting Party is not able, after commercially reasonable efforts to obtain at least three (3) such Broker or Index Quotes with respect to the Terminated Transaction, then the Non-Defaulting Party shall calculate its Gains and Losses for such Terminated Transaction in a commercially reasonable manner by reference to information supplied to it by one or more third parties 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.
Third parties supplying such information may include, without limitation, dealers in the relevant markets, end-users of the relevant product, information vendors and other sources of market information; provided, however, that such third parties shall not be Affiliates of either Party. Only in the event the Non-Defaulting Party is not able, after using commercially reasonable efforts, to obtain such third-party information, then the Non-Defaulting Party shall calculate its Gains and Losses for such Terminated Transaction in a commercially reasonable manner using relevant market data it has available to it internally. If the Non- aggregate Gains exceed its aggregate Losses and Costs, if any, resulting from the termination of this Transaction, the Settlement Amount for this Transaction will be zero.
ARTICLE 9
GENERAL PROVISIONS
9.1 Buyer Audit Rights. In addition to any audit rights provided under the Master Agreement, Seller shall, upon the Confirmation Effective Date and continuing until the end of the Delivery Period, provide documentation (which may include, for example, WREGIS reports) sufficient to demonstrate that Product has been conveyed and delivered to Buyer.
9.2 Governing Law.
(a) Notwithstanding any provision to the contrary in the Master Agreement, the Governing Law applicable to this Agreement shall be as set forth herein. This Section 9.2 does not change the Governing Law applicable to any other confirmation or transaction entered into between the Parties under the Master Agreement. (b) 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.
Appendix A
Defaulting Party 's
PG&E 2022 PCIA RPS Voluntary Allocation
ACKNOWLEDGED AND AGREED TO:
SILICON VALLEY CLEAN ENERGY
AUTHORITY, a California Joint Powers
Authority
Sign: Sign:
Print:
Title:
Date:
Print:
Title:
Date:
Don Howerton
Director, Structured Energy Transactions
7/25/22
Appendix A
Buyer, or Party A:
Monica Padi lla
~euer, or rarty H:
PACIFIC GAS AND ELECTRIC
COMPANY, a California corporation
coo & Director of Powe r Resources
7/20/2022
A-1
PG&E 2022 PCIA RPS Voluntary Allocation
most recent PCIA-vintaged share of RPS Energy, as
within
successor
Allocation Share is listed in Appendix E.
and/
. As of the Confirmation Effective
APPENDIX A
DEFINED TERMS
Any capitalized terms used in this Confirmation but not otherwise defined below shall have the meaning ascribed to such term in the Master Agreement:
Appendix A
"Allocation Share'' means Buyer's
determined by Seller, through Seller's load forecasting processes to establish energy procurement revenue requirements for rate-setting purposes, Energy Resource Recovery Account or Resource Adequacy proceedings, or proceedings
Date, Buyer's
"Applicable Law" means any statute, la\v, treaty, rule, tariff, regulation, ordinance, code, permit, enactment, injunction, order, writ, decision, authorization, judgment, decree or other legal or regulatory determination or restriction by a court or Governmental Authority of competent jurisdiction, or any binding interpretation of the foregoing, as any of them is amended or supplemented from time to time, that apply to either or both of the Parties, the Product, or the terms of the Agreement.
"Annual Cash Settlement Amount'' has the meaning set forth in Section 5.3. "Balancing Authority" has the meaning set forth in the Tariff. "Business Day'· means all calendar days other than those days on which the Federal Reserve member banks in New York City are authorized or required by law to be closed, and shall be betvveen the hours of 8:00 a.m. and 5:00 p.m. Pacific Prevailing Time for the relevant Party's principal place of business where the relevant Party, in each instance unless otherwise specified, shall be the Party from whom written communications or payment or delivery is being sent and by whom written communications or payment or delivery is to be received. "Buyer" means Party A.
"CAISO" means the California lndependent System Operator Corporation or the successor organization to the functions thereof.
"Confirmation Effective Date" means the date in which the Confirmation is full y executed by both Parties.
·'CPUC" means the California Public Utilities Commission. ·'California Renewables Portfolio Standard'' or "RPS" means the California renewables portfolio standard, as set forth in Cal. Pub. Util. Code §§ 399.11 et seq. and Cal. Pub. Res. Code §§ 25740-2575 1, 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 California Public Utilities Commission ('·CPUC") as set forth in CPUC Decision ("D") 08-08-028, D.08-04-009, D.11-01-025, D.11-12-020, D.11-12-052, D.12-06-038 and D.1 4-1 2-023, and as may be modified A-2
PG&E 2022 PCIA RPS Voluntary Allocation
Customer Programs
Communities (DAC) programs.
DAC-Green Tariff program, as set
forth in CPUC Decision 18-06-027, as such decision may be amended from time to time or as further defined or supplemented by any law, rule, regulation, or other legal or regulatory determination by a court or Governmental Authority.
electrical energy, measured in MWh
Energy Resource Recovery Account means the balancing account where utilities, including Seller, record and track energy procurement costs, as described in CPUC Decision D.02- 10-062 and subsequent CPUC decisions addressing Energy Resource Recovery Account issues, as those obligations may be altered from time to time.
Appendix A
by subsequent decision of the CPUC or by subsequent legislation, and regulations promulgated with respect thereto.
"CEC" means the California Energy Commission.
"CPUC" means the California Public Utilities Commission. " ________ " means Green Tariff Shared Renewables (GTSR) and Disadvantaged "Disadvantaged Communities" or "DAC' means the
"Deli very Period" has the meaning set forth in Section 3.3. "Delivery Point" has the meaning set forth in Section 3.2. "Energy" means
" "
"FERC'' means the Federal Energy Regulatory Commission. "Green Attributes" means any and all credits, benefits, emissions reductions, offsets, and allowances, howsoever entitled, attributable to the generation from the Resource, and its avoided emission of pollutants. Green Attributes include but are not limited to Renewable Energy Credits, as well as: (a) any avoided emission of pollutants to the air, soil or water such as sulfur oxides (SOx), nitrogen oxides (NOx), carbon monoxide (CO) and other pollutants; (b) any avoided emissions of carbon dioxide (CO2), methane (CH4), nitrous ox ide, hydrofluorocarbons, perfluorocarbons, sulfur hexafluoride and other greenhouse gases (GHGs) that have been determined by the United ations Intergovermnental Panel on Climate Change, or otherwise by I aw, to contribute to the actual or potential threat of altering the Earth 's climate by trapping heat in the atmosphere; (c) the reporting rights to these avoided emissions, such as Green Tag Reporting Rights. Green Tag Reporting Rights are the right of a Green Tag Purchaser to report the ownersh ip of accumulated Green Tags in compliance with federal or state Law, if applicable, and to a federal or state agency or any other party at the Green Tag Purchaser's discretion, and include without limitation those Green Tag Reporting Rights accruing under Section 1605(6) of The Energy Policy Act of 1992 and any present or future federal , state, or local Law, regulation or bill, and international or fore ign emissions trad ing program. Green Tags are accumulated on a MWh basis and one Green Tag represents the Green Attributes associated with one (1) MWh of Electric Energy. Green Attributes do not include (i) any Electric Energy, capacity, reliability or other power attributes from the Resource, (ii) production tax credits associated with the construction or operation of the Resource and other fin ancial incentives in the form of credits, reductions, or A-3
PG&E 2022 PCIA RPS Voluntary Allocation
implemented per Senate Bill (SB) 43 (Stats. 2013, ch. 413 (Wolk)) and CPUC Decision 15-01-051.
Long-Term Allocation Election is the percentage specified in Section 2.4. power
purchase agreements with terms that have 10 years or more remaining from the start of the Delivery Period.
Monthly Cash Settlement Amount has the meaning set forth in Section 6.2.
Monthly Long-Term Allocation Amount
Monthly Short-Term Allocation Amount
is a charge to ensure that both PG&E
customers and those who have left PG&E service to purchase electricity from other providers pay for the above-market costs for electric generation resources that were procured by PG&E on their Appendix A
allowances associated with the Resource 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 envirornnental benefits, or (iv) emission reduction credits encumbered or used by the Resource for compliance with local, state, or federal operating and/or air quality permits. If the Resource is a biomass or biogas facility and Seller receives any tradable Green Attributes based on the greenhouse gas reduction benefits or other emission offsets attributed to its fue l 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 Resource. "Green Tariff Shared Renewables" or "GTSR'' means the Green Tariff Shared Renewables Program
"Greengate Resources" means the Halkirk I Wind Project, Blackspring Ridge IA Wind Project, and Blackspring Ridge 18 Wind Project (all affiliates of Greengate Power Corporation). "Governmental Authority'' or "Goverrnnental Entity" means any federal , state, local or municipal government, governmental department, commission, board, bureau, agency, or instrumentality, or any judicial, regulatory or administrative body, or the CAISO or any other transmission authority, having or asserting jurisdiction over a Party or the Agreement. " "
"Long-Term End Date" has the meaning set forth in Section 3.3. "Long-Term Resource Pool" means Seller's Resources in Appendix C reflecting "MWh" means megmvatt-hour.
" "
" ________________ " has the meaning set forth in Section 2.3. " ________________ " has the meaning seat forth in Section 2.2. "PG&E" means the Pacific Gas and Electric Company, its successors and assigns. "PCJA" or "Power Charge Indifference Ad justment"
A-4
PG&E 2022 PCIA RPS Voluntary Allocation
behalf. fers to expenditures for generation resources that cannot be fully recovered through sales of these resources at current market prices. .
Renewable Energy Credits REC has the meaning set forth in California Public Utilities Code Section 399.12(h) and CPUC Decision 08-08-028, as may be amended from time to time or as further defined or supplemented by Law.
Resource Adequacy RA load serving entities,
as such obligations are described in CPUC Decisions D.04-10-035 and D.05-10-042 and subsequent CPUC decisions addressing Resource Adequacy issues, as those obligations may be altered from time to time, and all other capacity procurement obligations established by any other entity, including the CAISO.
Pool(s).
RPS Energy from Resources from the applicable Resource
power
purchase agreements with terms that have less than 10 years remaining from the start of the Delivery Period.
Appendix A
"Above market" re
"PCJA Long-Term Al location Amount" has the meaning set forth in Section 2.3. "PCJA Short-Term Allocation Amount" has the meaning set forth in Section 2.2. "Product" has the meaning set forth in Section 1.1
" ___________ "or _"_ "
"Resource(s)" means generation units owned by Seller or contracted by Seller, which corresponding costs are recovered through the PCIA.
" ________ " or ~ ,, means the procurement obl igation of "Resource Pools" means the Short-Term Resource Pool (Appendix B) and Long-Term Resource Pool (Appendix C).
" _____ " means the Energy generated
"Scheduling Coordinator (SC)" means an entity certifi ed by the CAJSO to perform the functions as described in the Tariff.
"Sell er" means Party B.
"Short-Term A Allocation Election'' is the percentage specified Section 2.4. "Short-Term B Allocation Election" is the percentage specified in Section 2.4. "Short-Term Resource Pool" means Seller's Resources in Appendix B reflecting PG&E 2022 PCIA RPS Voluntary Allocation
WREGIS
any successor renewable energy tracking program.
WREGIS Certificate
the WREGIS Operating Rules and are designated as eligible for complying with the California Renewables Portfolio Standard.
A-5
Appendix A
"Tariff' means the FERC-approved California Independent System Operator Tariff, including any current CAISO-published "Operating Procedures" and "Business Practice Manuals," as may be amended, supplemented or replaced from time to time. "Third Party Sale" has the meaning set forth in Section 2.6. "Total Allocation Amount'" has the meaning set forth in Section 2.1. "Total Long-Term Allocation Amount'" has the meaning set forth in Section 2.3. "Total Short-Term Allocation Amount" has the meaning set forth in Section 2.2. " ____ ,, means the Western Renewable Energy Generation Information System or " ________ " has the same meaning as "Certificate" as defined by WREGTS in PG&E 2022 PCIA RPS Voluntary Allocation
APPENDIX B
LIST OF RESOURCES IN SHORT-TERM RESOURCE POOL
Resource Name Technology CEC RPS ID PCIA
Vintage
End Date
Olsen Power Partners Small Hydro 60175 Non-Vintaged 12/31/2026 El Nido Biomass Facility Biomass 60473 2005 2/8/2031
Chowchilla Biomass Facility Biomass 60471 2005 2/8/2031 Klondike Wind Power III Project Wind 60602 2007 3/31/2023 CalRenew-1 Solar PV 60475 2015 4/29/2030
Shiloh II Wind Project Wind 60639 2007 1/31/2029
Rattlesnake Road Wind Power
Project Wind 60553 2008 1/4/2024
Hatchet Ridge Wind 60741 2008 12/13/2025
CM10 Solar PV 60713 2008 12/31/2028
CM48 Solar PV 60786 2009 1/31/2031
Mt. Poso Biomass 60695 2009 2/20/2027
Vantage Wind Energy Center Wind 60712 2009 10/3/2025
Big Creek Waterworks Small Hydro 60900 2009 6/22/2030
Norman Ross Burgess - Three Forks
Water Power Project Small Hydro 60502 2010 10/31/2031
Avenal Park Solar PV 60912 2009 8/4/2031
Sun City Project Solar PV 60913 2009 8/4/2031
Sand Drag Solar PV 60914 2009 8/4/2031
Halkirk I Wind Project Wind 60989 2010 12/18/2032
Coram Brodie Wind 60973 2010 6/5/2032
Shiloh III Wind Project Wind 61069 2010 3/8/2032
Wind Resource II Wind 61468 2012 9/30/2023
ABEC Bidart-Old River Digester Gas 62369 2012 3/9/2029
ABEC Bidart-Stockdale Digester Gas 60886 2012 9/11/2023 Diablo Winds Wind 60030 2013 6/30/2031
B-1
Appendix A
PG&E 2022 PCIA RPS Voluntary Allocation
APPENDIX C
LIST OF RESOURCES IN LONG-TERM RESOURCE POOL
Resource Name Technology CEC RPS ID PCIA
Vintage
End Date
Montezuma Wind Energy
Center Wind 60543 2010 1/27/2036
High Plains Ranch II Solar PV 60603 2008 10/30/2038
Topaz Solar Farm Solar PV 61698 2008 10/26/2039
Ivanpah Unit 1 Solar Thermal 62273 2009 1/20/2039
Ivanpah Unit 3 Solar Thermal 62275 2009 1/26/2039
AV Solar Ranch One Solar PV 60790 2009 11/20/2039
Alpine Solar Project Solar PV 60755 2010 1/17/2033
Agua Caliente Solar Project Solar PV 60894 2009 6/22/2039 High Plains Ranch III Solar PV 60603 2010 9/30/2038
Mojave Solar Project Solar Thermal 60848 2009 12/3/2039 Genesis Solar Energy Project Solar Thermal 60605 2009 3/6/2039 DTE Stockton Biomass 60964 2009 2/20/2039
Alpaugh 50 Solar PV 60945 2010 3/7/2038
Alpaugh North Solar PV 60946 2010 3/7/2038
Atwell Island Solar PV 60947 2010 3/11/2038
Corcoran Solar PV 60948 2010 8/14/2038
White River Solar PV 60949 2010 6/26/2038
Sunshine Landfill Landfill Gas 60815 2010 8/31/2034
Potrero Hills Landfill Landfill Gas 63116 2010 4/12/2041 Blackspring Ridge IA Wind 60987 2010 5/11/2034
Blackspring Ridge IB Wind 60988 2010 5/11/2034
Desert Center Solar Farm Solar PV 61068 2010 12/16/2039 Mesquite Solar 1 Solar PV 60875 2010 3/7/2033
North Star Solar Solar PV 61198 2010 6/18/2035
Vasco Wind Energy Center Wind 61344 2010 3/12/2037
Montezuma II Wind Energy
Center Wind 61345 2010 3/13/2037
Kansas South Solar PV 61264 2011 6/24/2033
Westlands Solar Farms Solar PV 61755 2011 4/30/2034
Orion Solar Solar PV 61570 2011 6/25/2034
North Sky River Energy
Center Wind 61385 2011 12/20/2037
Copper Mountain Solar 2 Solar PV 60990 2011 5/12/2040
Shiloh IV Wind Project Wind 61617 2011 1/27/2038
Mammoth G3 Geothermal 60315 2012 3/31/2033
West Antelope Solar PV 61850 2012 2/8/2035
C-1
Appendix A
PG&E 2022 PCIA RPS Voluntary Allocation
Western Antelope Blue Sky
Ranch A Solar PV 61517 2012 2/16/2035
Nevada Irrigation District
(NID) - Dutch Flat / Rollins /
Bowman Small Hydro
60264 / 60265 /
60171 2012 6/30/2033
SPI Biomass Portfolio
Anderson 2 / Burney / Lincoln
/ Sonora / Quincy Biomass
61146 / 60087 /
60088 / 60576 /
60089 2012 9/8/2035
Kansas Solar PV 61263 2012 12/31/2037
Lost Hills Solar Solar PV 61893 2012 12/31/2043
Cuyama Solar Array Solar PV 61891 2012 12/31/2043
Blackwell Solar Solar PV 61892 2012 12/31/2043
Henrietta Solar Solar PV 61841 2012 9/30/2036
Kent South Solar PV 61262 2012 2/18/2035
Algonquin SKIC 20 Solar Solar PV 61558 2012 5/14/2035
White River Solar 2 Solar PV 62045 2012 10/1/2034
Mammoth G1 Geothermal 60306 2012 12/25/2033
Alamo Solar, LLC Solar PV 61453 2012 6/29/2035
CID Solar PV Project Solar PV 62285 2012 3/19/2035
Old River One Solar PV 60853 2013 2/8/2035
Shafter Solar Solar PV 62325 2013 7/15/2035
Rising Tree Wind Farm II Wind 62426 2013 8/6/2035
Kekawaka Creek
Hydroelectric Facility Small Hydro 60186 2013 5/31/2035 RE Astoria Solar PV 62284 2013 1/2/2034
Midway Solar Farm I Solar PV 61295 2013 5/31/2040
California Flats Solar Project Solar PV 62552 2013 4/9/2034 Portal Ridge Solar C Project Solar PV 61684 2014 4/20/2037 Sunray 2 Solar PV 62694 2014 8/24/2037
Bayshore Solar A Solar PV 63133 2015 1/22/2038
Bayshore Solar B Solar PV 63134 2015 1/22/2038
Bayshore Solar C Solar PV 63135 2015 1/22/2038
Java Solar Solar PV 63137 2016 12/31/2039
RE Gaskell West 3 Solar PV 63619 2017 1/14/2038
RE Gaskell West 4 Solar PV 63617 2017 1/14/2038
RE Gaskell West 5 Solar PV 63618 2017 1/14/2038
PGE Alta Small Hydro 60033 Pre-2002 N/A
PGE Coleman Small Hydro 60037 Pre-2002 N/A
PGE Cow Creek Small Hydro 60038 Pre-2002 N/A
PGE Crane Valley Small Hydro 60039 Pre-2002 N/A
PGE Deer Creek Small Hydro 60040 Pre-2002 N/A
PGE De Sabla Small Hydro 60041 Pre-2002 N/A
PGE Dutch Flat 1 Small Hydro 60042 Pre-2002 N/A
C-2
Appendix A
PG&E 2022 PCIA RPS Voluntary Allocation
PGE Halsey Small Hydro 60043 Pre-2002 N/A
PGE Hat 1 Small Hydro 60045 Pre-2002 N/A
PGE Hat 2 Small Hydro 60046 Pre-2002 N/A
PGE Newcastle Small Hydro 60053 Pre-2002 N/A
PGE Oak Flat Small Hydro 60276 Pre-2002 N/A
PGE Phoenix Small Hydro 60054 Pre-2002 N/A
PGE Potter Valley Small Hydro 60055 Pre-2002 N/A
PGE Five Points Solar PV 61432 2010 N/A
PGE Stroud Solar PV 61434 2010 N/A
PGE Westside Solar PV 61433 2010 N/A
PGE Cantua Solar PV 61823 2011 N/A
PGE Giffen Solar PV 61822 2011 N/A
PGE Huron Solar PV 61821 2011 N/A
PGE Gates Solar PV 62353 2012 N/A
PGE Guernsey Solar PV 62354 2012 N/A
PGE West Gates Solar PV 62352 2012 N/A
PGE Rock Creek RPS Small Hydro 62269 Pre-2002 N/A
PGE San Joaquin 1A Small Hydro 60056 Pre-2002 N/A
PGE San Joaquin 2 Small Hydro 60057 Pre-2002 N/A
PGE South Small Hydro 60059 Pre-2002 N/A
PGE Spaulding 1 Small Hydro 60060 Pre-2002 N/A
PGE Spaulding 2 Small Hydro 60061 Pre-2002 N/A
PGE Spaulding 3 Small Hydro 60062 Pre-2002 N/A
PGE Spring Gap Small Hydro 60063 Pre-2002 N/A
PGE Toadtown Small Hydro 60064 Pre-2002 N/A
Vaca-Dixon Solar (PG&E) Solar PV 60966 2010 N/A
PGE Volta 1 Small Hydro 60066 Pre-2002 N/A
PGE Volta 2 Small Hydro 60067 Pre-2002 N/A
PGE West Point Small Hydro 60068 Pre-2002 N/A
PGE Wise 1 Small Hydro 60069 Pre-2002 N/A
PGE Wise 2 Small Hydro 60070 Pre-2002 N/A
PGE A.G.Wishon Small Hydro 60032 Pre-2002 N/A
C-3
Appendix A
PG&E 2022 PCIA RPS Voluntary Allocation
APPENDIX D
LIST OF PCIA-ELIGIBLE RESOURCES IN TEMPORARY RESOURCE POOLS Resource Name Resource
Pool
Technology CEC RPS
ID
PCIA
Vintage
End Date
Shafter Solar GTSR Solar PV 62325 2013 7/15/2035
Columbia Solar Energy GTSR Solar PV 62051 2012 12/13/2035 Morelos del Sol GTSR Solar PV 62272 2013 2/29/2036
Woodmere Solar Farm
GTSR,
DAC Solar PV 62429 2013 2/24/2036
CED Corcoran Solar 3 GTSR Solar PV 62783 2015 11/30/2036 CED Oro Loma Solar
Project A
GTSR
Solar PV 62841 2014 2/23/2037
Avenal Solar Project A GTSR Solar PV 62840 2014 3/9/2037 CED Oro Loma Solar
Project B
GTSR
Solar PV 62841 2014 3/9/2037
Avenal Solar Project B GTSR Solar PV 62840 2014 3/9/2037 Westside Solar GTSR Solar PV 61185 2015 5/1/2037
Aspiration Solar G GTSR Solar PV 61486 2015 10/26/2037
Summer Wheat
GTSR,
DAC Solar PV 61837 2015 12/9/2038
White River Solar 2 GTSR Solar PV 62045 2012 10/1/2034
D-1
Appendix A
PG&E 2022 PCIA RPS Voluntary Allocation
APPENDIX E
ALLOCATION SHARE
E-1
Appendix A
BUYER'S