Section Provision Proposed Revision Comment/Basis Article 1 Section 3. Guiding Principles What is meant by a “prospective” Generation Company? Section 3 3.2 Any Contestable Customer shall be allowed to enter into a Suggested definition: Retail Supply Contract (RSC) with any legitimate prospective A Prospective Generation Company is an entity Generation Companies, and shall whose power plant is currently under construction. be deemed compliant with the mandatory requirement despite the commercial operation of such plant at a subsequent period of time. 3.5 Any Generation Company What is the extent of “strict monitoring”? that failed to put up the power plant as per its RSC with the The RES Contract should have such terms Contestable Customer shall be that in the event that the power plant is subject to strict monitoring. To not put up on time, the Prospective supply the affected Contestable Generation Company shall be responsible Customer, a temporary supplier for sourcing the supply at the agreed price. shall be appointed by the ERC and shall be given six (6) months It is proposed that the second sentence should be period to secure an RES license. removed as it is the duty of the RES and the Contestable Customer (CC) to foresee and provide for such contingency 3.1 Contestable Customers shall What are considered as “special be given up to 25 June 2016 to circumstances”?
Section Provision Proposed Revision Comment/Basis Article 1 Section 3 Section 3. Guiding Principles 3.2 Any Contestable Customer shall be allowed to enter into a Retail Supply Contract (RSC) with any legitimate prospective Generation Companies, and shall be deemed compliant with the mandatory requirement despite the commercial operation of such plant at a subsequent period of time. What is meant by a “prospective” Generation Company? Suggested definition: A Prospective Generation Company is an entity whose power plant is currently under construction. 3.5 Any Generation Company that failed to put up the power plant as per its RSC with the Contestable Customer shall be subject to strict monitoring. To supply the affected Contestable Customer, a temporary supplier shall be appointed by the ERC and shall be given six (6) months period to secure an RES license. What is the extent of “strict monitoring”? The RES Contract should have such terms that in the event that the power plant is not put up on time, the Prospective Generation Company shall be responsible for sourcing the supply at the agreed price. It is proposed that the second sentence should be removed as it is the duty of the RES and the Contestable Customer (CC) to foresee and provide for such contingency 3.1 Contestable Customers shall be given up to 25 June 2016 to What are considered as “special circumstances”?