OREC Agreements definition

OREC Agreements means NYSERDA Agreement No. 177285 entered into between NYSERDA and EW2 and NYSERDA Agreement No. 177286 entered into between NYSERDA and BW resulting from NYSERDA ORECRFP20-1 regarding the acquisition by NYSERDA of offshore wind renewable energy certificates.

Examples of OREC Agreements in a sentence

  • Any expenditures made as part of the Alternate Economic Investment shall count towards EW2 or BW Verified Dollars pursuant to the OREC Agreements of the applicable project solely to the extent such investment satisfies the definition of EW2 Verified Dollars or BW Verified Dollars, as applicable, under the applicable OREC Agreement.