Energy Generation definition

Energy Generation. (General) shall mean all Energy Generation that is not Energy Generation (Limited) as defined above.

Split View

AI-Powered Contracts

Draft, Review & Redline at the Speed of AI

Get StartedBook a Demo

Energy Generation means any facility, whether privately or publically owned, that produces energy from (i) renewable natural resources such as sunlight, wind, water, or geo-thermal heat, and/or (ii) the burning of non-toxic materials and/or biomass such as solid waste, trash, or plant materials, or (iii) the burning of natural gas or other clean burning fuels. This term shall not include gas or oil processing or manufacturing facilities.

Energy Generation or “Power Generation” means the production of electric power using fuel oil and its derivatives, natural gas, renewable energy sources, or any other method.

Examples of Energy Generation in a sentence

• The Scheduled Energized Date shall be the date that is twelve (12) months from the Trade Date of such Product Order if the Designated System is a Distributed Renewable Energy Generation Device, or eighteen (18) months from the Trade Date of such Product Order if the Designated System is a Community Renewable Energy Generation Project.

• Unless extended pursuant to Section 2.4(b), the Scheduled Energized Date shall be the date that is twelve (12) months from the Trade Date of such Product Order if the Designated System is a Distributed Renewable Energy Generation Device, or eighteen (18) months from the Trade Date of such Product Order if the Designated System is a Community Renewable Energy Generation Project.

• With respect to a Distributed Renewable Energy Generation Device, the Standing Order shall be for the automatic recurring transfer of all RECs from such Designated System.

• Additionally, if there is an increase in the Collateral Requirement for a Community Renewable Energy Generation Project based on information in Seller’s ABP Part I Application and ABP Part II Application for such Designated System, Seller shall not be required to post additional Performance Assurance Amount at the time of Energization.

• For avoidance of doubt, with respect to a Designated System that is a Community Renewable Energy Generation Project, the Designated System Contract Maximum REC Quantity and the Delivery Year Expected REC Quantities shall be adjusted pursuant to Section 2.6(b) and Section 2.6(c) and the updated Schedule B and REC Delivery schedule will be issued by the IPA to Buyer and Seller pursuant to Section 2.6(g).

• Notwithstanding the foregoing, if there is an increase in the Collateral Requirement for a Community Renewable Energy Generation Project in the quarterly payment adjustments pursuant to Sections 2.6(a)-(b), Seller shall not be required to post additional Performance Assurance Amount at the time of such payment adjustment(s).

• Unless extended pursuant to Section 2.4(b), the Scheduled Energized Date shall be the date that is eighteen (18) months from the Trade Date of such Product Order if the Designated System is a Distributed Renewable Energy Generation Device, or twenty-four (24) months from the Trade Date of such Product Order if the Designated System is a Community Renewable Energy Generation Project.

• Seller warrants that all necessary steps to allow the Renewable Energy Credits transferred to Buyer to be tracked in the Western Renewable Energy Generation Information System will be taken prior to the first delivery under the contract.

• Seller warrants that all necessary steps to allow the Renewable Energy Credits transferred to Buyer to be tracked in the Western Renewable Energy Generation Information System will be taken prior to the first delivery under this contract.

• The Hydro-Québec Power Resources shall be, as of and after the Effective Date, Qualified Clean Energy Generation Units, and the Energy sold under this Agreement is Qualified Clean Energy or Qualified Shortfall Energy, as applicable.

More Definitions of Energy Generation

Energy Generation means that portion of Energy that is delivered directly to the Delivery Point and is not Discharging Energy.

Energy Generation means a facility where electricity on a large scale for distribution into the national grid, is generated and includes the use of non-renewable and renewable energy sources and use waste material to generate such energy, as well as the ancillary infrastructure and buildings such as substations, step-down and storage facilities exceeding 25m², but excludes linear utility services;

Energy Generation means facilities using energy resources to produce heat and electricity for consumers;

Energy Generation means the actual or estimated quantity of solar electricity generation produced by the SGU (kWh) measured in accordance with clause 15.3.

Energy Generation means the production of electrical energy resources