Laserfiche WebLink
ORDER NO. PSC -2023 -0180 -PAA -EQ <br />DOCKET NO. 20230046 -EQ <br />PAGE 14 <br />VkV- <br />Attachment A <br />Page 9 of 42 <br />gAhAffer providing to the QS, PPL shall not be required to purchase or reedve.energy from the OS during any period in <br />which, due to operational circumstances, the purchase or receipt of such energy would result in FPL's incurring costs greater than those <br />which it world incur if it did not make such purchases. An example of such an occurrence would be a period during which the load being <br />served is such that the generating units on line are base load units operating; at their minimum continuous ratings and the purchase of <br />additional energy would require taking a base load unit off the line and replacing the remaining load served by that unit with peaking -type <br />generation. FPL shall give the QS as much prior notice as practicable of its indent not to purchase or receive energy and firm capacity <br />pursuant to this Section. <br />8.4.71f the Facility has a Committed Capacity less than 75 MW, control, scheduling and dispatch of firm capacity and energy shall: <br />The the responsibility of the QS, If the Facility has a Committed Capacity greater than or equal to 75 MW, then coWi, wilteduling and. <br />dispatch.of firm capacity and energy shall be the responsibility of the QS, except during a "Dispatch Hour", i.e., mVj*& <br />ftv for whist! <br />FPL requests the delivery of such capacity and energy. During any Dispatch Hour: (a) control of the Facility will 4&r be by Seller's <br />rnanual control under the direction of FPL (whether orally or in writing) or by Automatic Generation Control by FP1,'s .rystem control center, <br />as determined by FPL; and (b) FPL may request that the real power output be at any level up to the Committed Capacity of the Facility,,, <br />provided, in no event shall FPL require the real power output of the Facility to be below the Facility's Minimum Load without decornimitting; <br />the Facility. The Facility shall deliver the capacity and energy requested by FPL wilhin --_minutes, taking into account the operating <br />,limitations of the generating equipment as specified by the manufacturer, provided such time period specified herein is considered reasonable' <br />'by prudent industry standards for the technology and equipment being utilized and assuming the Facility is operating; at or above its <br />Minimum Load. Start-up time from Cold Shutdown and Facility Turnaround time from Hot to Hot will be taken into consideration provided <br />such are reasonable and consistent with prudent industry practices for the technology and equipment being utilized. The Facility's Operating <br />Charaoter stics have been provided by the QS and are set forth in Appendix D, Section IV of Rate Schedule QS -2. <br />8.4:191f'the Facility has a Committed Capacity of less than 75 MW, FPL may require during certain periods, by oral, written; or <br />electronic notification that the QS cause the Facility to reduce output to a'level below the Committed Capacity but not lower than the <br />Fatality*s'Mirimnart Load FPL shall provide as much notice as practicable; normally such notice will be of at least four (4) haunts. The <br />A*#Mcyof such request: shall not exceed eighteen (18) times per calendar year and the duration of each request shall not exceed four (A) <br />hulks,. <br />8.4.9FP .'s exercise of its rights under this Section 8 shall not give rise to any liability or payment obligation on the part of FPL, <br />ttcltlthng any Bairn for breach of contract or for breach of any covenant of good faith and fair dealing. <br />CompletionfPerformance Security <br />The tYtu%tycnattemplated by this Section 9 constitutes secutiil+f„ hubs not a hmrtahpn vt; QS's Abligat ortitfrY%t mall <br />." <br />>rmtbes'exciusiveremedy'fJi Q failure to perform in accordance vti�llls Agreement: <br />9.1 As security for the achievement of the Guaranteed Capacky Delivery Date and satisfactory performance of its obligations <br />hereunder, the QS shall provide FPL either: (a) an unconditional, irrevocable, standby letter :of credits) with an expiration date no earlier <br />than the end of the first (I st) anniversary of the Capacity Delivery Date (or the next business day thereafter), issued by a U.S. commercial <br />bank or the U.S. branch of a foreign bank having a Credit. Rating of A- or higher by S&P or A3 or higher by Moody's (a "Qualified Issuer'). <br />in form and substance acceptable'to FPL incl <br />(including provisions (i) penmttutg partial and full draws and (ii) permitting FPL to draw in full i <br />such letter of credit is not renewed or replaced as required by the terms hereof at least thirty (30) business days prior to its expiration date] <br />"Letter of Credit'); (b) a bond, issued by a financially sound Company acceptable to FPL and in a form and substance acceptable to FPI,, <br />a cash collateral deposited with FPL ("Cash Collateral') (any of (a), (b) or{4 ft "Cornpletion(Performance Seeur# , <br />Complefion4lafiamarice Security shall be provided in the amount and by the date listed be1w. <br />S$0,00 per lout (err -the number ofkV of. Oottmtitted Capacityset forth in Sat>ltow" ta.bedelivered to: PPL within i the ? <br />�s;d ttftbe EdrveDate; and <br />(b),$iom peeriw (for'the number oft' Committed Capacity set forth in S'eet#m'9:l be delivered to'FPL two years <br />before the Guaranrteed`Capacity Delivery Date, <br />"Credit Rating" means with respect to arty entity, on any date of determination, the respective ratings then asst yrilty's <br />tuusectured, senior long-term debt or deposit obligations (not supported by third party credit enhancement) by S&P, Moody'. ed <br />,rating agency or agencies or if such entity does not have a rating for its unsecured, senior long -teat debt or deposit otingations the <br />rating assigned to such entity as its "corporate credit rating" by S&P.. <br />Issued by: <br />Effective: <br />