Qualifying Facilities (PURPA Standard Offer Contract)

Consistent with the Federal Energy Regulatory Commission’s (FERC) PURPA regulations 18 C.F.R. § 292.304,新 Qualifying Facilities Standard Offer Contract (“New QF SOC”) adopted through California Public Utilities Commission (CPUC) 决定(D.) 20-05-006 includes the following two pricing options for both capacity and energy. 见下表.

 

通知:2020年12月22日,可持续发展目标&E, together with the other Investor-Owned Utilities (IOUs), sent a letter to the Executive Director of the California Public Utilities Commission (Commission) requesting suspension of the fixed energy price option of the New QF Standard Offer Contract (SOC), consistent with the Federal Energy Regulatory Commission’s Order No. 872, which became effective on January 1, 2021. If any QF files an application requesting the fixed energy price option and the Commission acts to suspend it before the New QF SOC is executed, 西班牙&E will deny the application and offer the QF the option of taking a variable energy price together with a fixed capacity price instead.
 
定价选项 能源价格 容量的价格
固定价格期权:  Seller elects pricing fixed at time of contract execution
  • 3-year average of publicly available CAISO locational marginal prices for the PNode specific to QF
  • Calculated on a monthly basis with periods based on the Commissioner's most recently approved standard time-of-use periods, and a collar based on prices at the relevant Energy Trading Hub
  • 5-year weighted average of publicly available resource adequacy prices
  • Shaped to time periods based on generation capacity allocation factors adopted by the Commission and applied to updated time-of-use periods
  • 2.5% escalation factor for each year of the contract term after the last year included in the average
  • A capacity price is based on the provision of Resource Adequacy.
Pricing at Time of Delivery Option : Seller elects pricing at time of delivery Locational marginal pricing from CAISO's day-ahead market for the node specific to a QF
  • Same methodology used for capacity price at time of execution (above)
  • Price recalculated annually based on changes in the cost of RA and/or capacity allocation factors, 以及使用时间

 

The maximum term for the New QF SOC is twelve years for new facilities and seven years for existing facilities, and the contract will be available until suspended by the CPUC’s Executive Director.

Parties interested in submitting an offer for a New QF SOC should first certify or recertify itself with FERC using 556年形成. Once the certification docket number is available, the completed 556年形成

 

免责声明

The PURPA QF information on this page (including any presentations prepared by 西班牙&E and any imbedded links) is provided by 西班牙&为公众提供便利. This information may not completely or accurately describe or link to all relevant provisions of the PURPA QF regulations, and expressly does not constitute legal advice to or for any party. A party should consult with appropriate experts on how the PURPA QF regulations can impact any specific transaction, 协议, 的关系, 或情况. The publication of the information on this page does not constitute an offer to buy or sell electricity. Every PURPA QF power purchase 协议 between 西班牙&E和任何一方都必须遵守可持续发展目标&E management approval and the prior execution of definitive documents by both parties.