The table below shows the methodology used to calculate each of these risks, and to which category of projects in PG&E’s portfolio the risks apply. More detailed descriptions of each risk are described in the subsections below. Table 6-1 Pacific Gas and Electric Company Deterministic Model Risks RISK METHODOLOGY APPLIES TO For non-Qualifying Facility (QF) projects executed post2002, 100% of contracted volumes For QFs, typically Standard based on an average of the Generation three most recent calendar Online Projects Variability year deliveries QFs, utility-owned generation (UOG) and IDWA generation projections are updated to reflect the most recent hydro forecast. In Development projects with high likelihood of failure are labeled (0% deliveries “OFF” Project Failure assumption) In Development Projects All other In Development projects are (assume “ON” 100% of contracted delivery) Under Construction Professional Projects/Under Project Delay judgment/Communication Development with counterparties Projects/Approved Mandated Programs
The table below shows the methodology used to calculate each of these risks, and to which category of projects in PG&E’s portfolio the risks apply. More detailed descriptions of each risk are described in the subsections below. Table 6-1 Pacific Gas and Electric Company Deterministic Model Risks RISK METHODOLOGY APPLIES TO Standard Generation Variability For non-Qualifying Facility (QF) projects executed post2002, 100% of contracted volumes For QFs, typically based on an average of the three most recent calendar year deliveries QFs, utility-owned generation (UOG) and IDWA generation projections are updated to reflect the most recent hydro forecast. Online Projects Project Failure In Development projects with high likelihood of failure are labeled “OFF” (0% deliveries assumption) All other In Development projects are “ON” (assume 100% of contracted delivery) In Development Projects Project Delay Professional judgment/Communication with counterparties Under Construction Projects/Under Development Projects/Approved Mandated Programs