Net Zero City definition

Net Zero City means a city that produces sustainable, carbon free energy in amounts equal to, or exceeding, the amounts which it consumes, which may be accomplished through a combination of the following (as well as other) strategies: (i) integrating renewable and distributed energy generation sources (i.e., supply side); (ii) smart grid technologies to increase energy efficiency, increase the usage of clean power, and reduce overall energy consumption, particularly at peak demand periods (i.e., demand side); and (iii) energy storage technologies. As a Net Zero City, the City will make a favorable impact on its immediate environment, and also contribute to improving the environment globally, which may include, but is not limited to, the creation of thousands of new jobs focusing on power conservation, systems to support the smart grid, clean/green energy generation, and downstream activities related to companies attracted to the City for its ability to supply clean energy to manufacturing, industrial and commercial processes.
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Examples of Net Zero City in a sentence

  • Successful applicant cities will combine the benefits of traditional pairings, including increased cultural, commercial and intergovernmental relationships, with the latest technologies and the overriding commitment to attain the status of being a Net Zero City, all in the advancement of global sustainability.

  • The City endeavors to become the “alternative energy capital of the world” and to this end is committed to the following: (i) becoming a Net Zero City (as that term is defined in Section 1); and (ii) establishing Smart Sister City ties with other cities around the world that are committed to similar goals.

  • The goal of the sister cities portion of the Project is to “partner” with cities that share the common goal of becoming a Net Zero City.

  • In order to become a Smart Sister City to the City under this portion of the Project, an applicant city must do the following: (i) demonstrate a commitment to the goal of producing as much energy as it consumes from sustainable resources; and (ii) achieve certain measurable benchmarks on the path to becoming a Net Zero City.

Related to Net Zero City

  • Distribution Company means a distribution company as defined in Section 1 of Chapter 164 of the Massachusetts General Laws.3

  • General Motors Financial Company, Inc. means General Motors Financial Company, Inc. (f/k/a AmeriCredit Corp.).

  • Plug-in Hybrid Electric Vehicle (PHEV) means a vehicle that is similar to a Hybrid but is equipped with a larger, more advanced battery that allows the vehicle to be plugged in and recharged in addition to refueling with gasoline. This larger battery allows the car to be driven on a combination of electric and gasoline fuels.

  • Sales finance company means that term as defined in section 2 of the motor vehicle sales finance act, MCL 492.102.

  • mixed financial holding company means a mixed financial holding company as defined in point (21) of Article 4(1) of Regulation (EU) No 575/2013;