[{"data":1,"prerenderedAt":-1},["ShallowReactive",2],{"doc-detail-168159-en":3,"doc-seo-168159-105":30,"detail-sidebar-cat-1-en-105":93},{"code":4,"msg":5,"data":6},0,"success",{"doc_id":7,"user_id":8,"nickname":9,"user_avatar":10,"doc_module":11,"category_id":12,"category_name":13,"doc_title":14,"doc_description":15,"doc_content":16,"file_id":17,"file_url":18,"file_type":19,"file_size":20,"view_count":11,"is_deleted":4,"is_public":11,"is_downloadable":11,"audit_status":11,"page_count":21,"language":22,"language_code":23,"site_id":24,"html_lang":23,"table_of_contents":25,"faqs":26,"seo_title":27,"seo_description":15,"update_tm":28,"read_time":29},168159,962084928904,"Jake","https://ap-avatar.wpscdn.com/davatar_155a257f0dc6eb9ab79c44ca47cae57d",1,18,"Letters","Resource Adequacy Purchase Agreement - Energy Storage Option - Revised 7-28-2014","Resource Adequacy Purchase Agreement (Energy Storage Option) sets out the purchase and sale framework between Southern California Edison Company and the Seller for energy storage capacity. It governs product purchase, storage units and delivery points, contract term and conditions precedent, delivery schedules, defaults and termination payments, interconnection and charging services, design/build obligations, milestones, commissioning and testing, and ongoing operation, maintenance, and repair duties. It also details monthly capacity payments, billing and invoice dispute mechanics, delivery obligations, credit and collateral, security interests, and related governmental and environmental charges.","Revised 7-28-2014\n2013 LCR PRO FORMA\nRESOURCE ADEQUACY PURCHASE AGREEMENT\n(ENERGY STORAGE OPTION)\nbetween\nSOUTHERN CALIFORNIA EDISON COMPANY\nand\n[SELLER]\n[Date]\nRECITALS\t1\nAGREEMENT\t2\n\u0013 TOC \\o \"1-3\" \\f \u0014ARTICLE One.\tPURCHASE AND SALE of PRODUCT\t\u0013 PAGEREF _Toc394335319 \\h \u00142\u0015\n1.01.\tPurchase and Sale of Product.\t\u0013 PAGEREF _Toc394335320 \\h \u00142\u0015\n1.02.\tStorage Units.\t\u0013 PAGEREF _Toc394335321 \\h \u00144\u0015\n1.03.\tDelivery Points.\t\u0013 PAGEREF _Toc394335322 \\h \u00144\u0015\nARTICLE Two.\tTERM; CONDITIONS PRECEDENT AND DELIVERY PERIOD\t\u0013 PAGEREF _Toc394335323 \\h \u00144\u0015\n2.01.\tTerm.\t\u0013 PAGEREF _Toc394335324 \\h \u00144\u0015\n2.02.\tApproval Date; Termination Related to Failure to Timely Obtain Regulatory Approval.\t\u0013 PAGEREF _Toc394335325 \\h \u00144\u0015\n2.03.\tExpected Initial Delivery Date.\t\u0013 PAGEREF _Toc394335326 \\h \u00145\u0015\n2.04.\tDelivery Period.\t\u0013 PAGEREF _Toc394335327 \\h \u00145\u0015\n2.05.\tPut Delivery Period; RA Delivery Period.\t\u0013 PAGEREF _Toc394335328 \\h \u00148\u0015\n2.06.\tDelayed Initial Delivery Date.\t\u0013 PAGEREF _Toc394335329 \\h \u00148\u0015\n2.07.\tNo Liability of SCE.\t\u0013 PAGEREF _Toc394335330 \\h \u00148\u0015\n2.08.\tSeller’s Queue Position.\t\u0013 PAGEREF _Toc394335331 \\h \u00148\u0015\nARTICLE Three.\tEVENTS OF DEFAULT; REMEDIES; TERMINATION\t\u0013 PAGEREF _Toc394335332 \\h \u00149\u0015\n3.01.\tEvents of Default.\t\u0013 PAGEREF _Toc394335333 \\h \u00149\u0015\n3.02.\tSeller Events of Default.\t\u0013 PAGEREF _Toc394335334 \\h \u00149\u0015\n3.03.\tEarly Termination Date.\t\u0013 PAGEREF _Toc394335335 \\h \u001411\u0015\n3.04.\tCalculation of Termination Payment.\t\u0013 PAGEREF _Toc394335336 \\h \u001412\u0015\n3.05.\tNotice of Termination Payment.\t\u0013 PAGEREF _Toc394335337 \\h \u001413\u0015\n3.06.\tLimitation on Seller’s Ability to Make or Agree to Third Party Sales from the Project/Storage Units after Early Termination Date.\t\u0013 PAGEREF _Toc394335338 \\h \u001414\u0015\n3.07.\tEffect of Termination.\t\u0013 PAGEREF _Toc394335339 \\h \u001414\u0015\nARTICLE Four.\tinterconnection\t\u0013 PAGEREF _Toc394335340 \\h \u001415\u0015\n4.01.\tInterconnection Studies.\t\u0013 PAGEREF _Toc394335341 \\h \u001415\u0015\n4.02.\tSCE Termination Right – Excess Network Upgrade Costs.\t\u0013 PAGEREF _Toc394335342 \\h \u001415\u0015\n4.03.\tEstablishment of Charging Energy Service.\t\u0013 PAGEREF _Toc394335343 \\h \u001417\u0015\n4.04.\tAcknowledgment.\t\u0013 PAGEREF _Toc394335344 \\h \u001417\u0015\nARTICLE Five.\tDESIGN AND CONSTRUCTION OF STORAGE UNITS\t\u0013 PAGEREF _Toc394335345 \\h \u001417\u0015\n5.01.\tSeller’s Obligations.\t\u0013 PAGEREF _Toc394335346 \\h \u001417\u0015\n5.02.\tChanges in Operational Characteristics.\t\u0013 PAGEREF _Toc394335347 \\h \u001418\u0015\n5.03.\tEPC Contractor.\t\u0013 PAGEREF _Toc394335348 \\h \u001418\u0015\nARTICLE Six.\tCONSTRUCTION PERIOD AND MILESTONES\t\u0013 PAGEREF _Toc394335349 \\h \u001419\u0015\n6.01.\tMilestone Schedule.\t\u0013 PAGEREF _Toc394335350 \\h \u001419\u0015\n6.02.\tProvision of Information.\t\u0013 PAGEREF _Toc394335351 \\h \u001419\u0015\n6.03.\tInspection Rights.\t\u0013 PAGEREF _Toc394335352 \\h \u001420\u0015\nARTICLE Seven.\tCOMMISSIONING AND TESTING\t\u0013 PAGEREF _Toc394335353 \\h \u001421\u0015\n7.01.\tInitial Commercial Operation Test.\t\u0013 PAGEREF _Toc394335354 \\h \u001421\u0015\n7.02.\tPeriodic Testing.\t\u0013 PAGEREF _Toc394335355 \\h \u001421\u0015\n7.03.\tTesting Costs.\t\u0013 PAGEREF _Toc394335356 \\h \u001422\u0015\n7.04.\tCAISO Certification.\t\u0013 PAGEREF _Toc394335357 \\h \u001423\u0015\n7.05.\tAdditional Requirements for RA Capacity Qualification Tests.\t\u0013 PAGEREF _Toc394335358 \\h \u001423\u0015\nARTICLE Eight.\tSELLER’S OPERATION, MAINTENANCE AND REPAIR OBLIGATIONS\t\u0013 PAGEREF _Toc394335359 \\h \u001424\u0015\n8.01.\tSeller’s Operation Obligations.\t\u0013 PAGEREF _Toc394335360 \\h \u001424\u0015\n8.02.\tSeller’s Maintenance and Repair Obligations.\t\u0013 PAGEREF _Toc394335361 \\h \u001425\u0015\nARTICLE Nine.\tMONTHLY CAPACITY PAYMENTS AND OTHER COMPENSATION\t\u0013 PAGEREF _Toc394335362 \\h \u001428\u0015\n9.01.\tCompensation.\t\u0013 PAGEREF _Toc394335363 \\h \u001428\u0015\n9.02.\tMonthly Capacity Payment.\t\u0013 PAGEREF _Toc394335364 \\h \u001428\u0015\n9.03.\tAllocation of Other Payments and Costs During RA Delivery Periods.\t\u0013 PAGEREF _Toc394335365 \\h \u001429\u0015\n9.04.\tVariable O&M Payment During Put Delivery Periods.\t\u0013 PAGEREF _Toc394335366 \\h \u001431\u0015\n9.05.\tEnergy from Start-Up During Put Delivery Period.\t\u0013 PAGEREF _Toc394335367 \\h \u001431\u0015\n9.06.\tEnergy Adjustment Payment.\t\u0013 PAGEREF _Toc394335368 \\h \u001431\u0015\nARTICLE Ten.\tAllocation of Standard capacity product payments and charges; ADJUSTMENTS TO MONTHLY ENERGY CAPACITY PAYMENT\t\u0013 PAGEREF _Toc394335369 \\h \u001436\u0015\n","cbCaiam8Xioz9Bqy","https://ap.wps.com/l/cbCaiam8Xioz9Bqy","docx",298577,168,"English","en",105,"# Recitals\n# Purchase and Sale of Product\n## Purchase and Sale of Product\n## Storage Units\n## Delivery Points\n# Term; Conditions Precedent and Delivery Period\n## Term\n## Approval Date; Termination Related to Failure to Timely Obtain Regulatory Approval\n## Expected Initial Delivery Date\n## Delivery Period\n## Put Delivery Period; RA Delivery Period\n# Events of Default; Remedies; Termination\n## Events of Default\n## Seller Events of Default\n## Early Termination Date\n## Calculation of Termination Payment\n# Interconnection\n## Interconnection Studies\n## SCE Termination Right – Excess Network Upgrade Costs\n# Design and Construction of Storage Units\n## Seller’s Obligations\n## Changes in Operational Characteristics\n## EPC Contractor\n# Construction Period and Milestones\n## Milestone Schedule\n## Provision of Information\n## Inspection Rights\n# Commissioning and Testing\n## Initial Commercial Operation Test\n## Periodic Testing\n## Testing Costs\n## CAISO Certification\n# Seller’s Operation, Maintenance and Repair Obligations\n## Seller’s Operation Obligations\n## Seller’s Maintenance and Repair Obligations\n# Monthly Capacity Payments and Other Compensation\n## Compensation\n## Monthly Capacity Payment\n## Allocation of Other Payments and Costs\n# Payment and Billing\n## Billing Period\n## Timeliness of Payment\n## Disputes and Adjustments of Invoices\n# Product Delivery Obligations (RA Delivery Periods)\n## Product\n## Adjustments to Product Provided\n## Delivery of Product\n# Credit and Collateral\n## Financial Information\n## Seller’s Credit Requirements\n## Administration of Performance Assurance\n# Collateral Assignment\n## Consent to Collateral Assignment\n# Governmental and Environmental Charges\n## Governmental Charges\n## Compliance with Laws and Indemnification","[{\"question\":\"What does the agreement cover for the energy storage option?\",\"answer\":\"It covers purchase and sale of the product, storage units and delivery points, delivery schedules, interconnection, design/construction, commissioning/testing, operations and maintenance, and the associated payments and delivery obligations.\"},{\"question\":\"How does the agreement handle term, approvals, and termination related to regulatory delays?\",\"answer\":\"It defines the contract term and approval date, including termination rights tied to failure to obtain regulatory approval on time, and sets conditions governing related delivery period adjustments.\"},{\"question\":\"What payment, billing, credit, and collateral provisions govern the Seller?\",\"answer\":\"It specifies monthly capacity payments and other compensation, billing period rules, payment timeliness, dispute and invoice adjustment mechanics, netting rights, and Seller credit requirements including performance assurance and security interests.\"}]","Resource Adequacy Purchase Agreement - Energy Storage Option - Revised 7-28-2014 | 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