RPS Compliant definition
RPS Compliant means, when used with respect to the Facility or any other facility at any time, that all Energy generated by such facility at all times shall, together with all of the associated Environmental Attributes, qualify as a “portfolio content category 1” eligible renewable resource under the RPS Law and meet the requirements of Public Utilities Code Section 399.16(b)(1), as amended from time to time and any successor statute.
RPS Compliant when used with respect to the Facility at any time, means that all Energy generated by that Facility at that time would, if purchased by ▇▇▇▇▇ together with the associated Environmental Attributes (including RECs), be eligible to be credited against the Renewables Portfolio Standard.
RPS Compliant means, when used with respect to a Facility or any other facility at any time, that all Energy generated by the Facility and delivered to the Points of Delivery, or by such other facility, together with all of the associated Environmental Attributes, delivered to the Points of Delivery qualify as “portfolio content category 1” eligible renewable resource under the RPS Law and meet the requirements of California Public Utilities Code Section 399.16(b)(1), as amended from time to time and any successor statute.
Examples of RPS Compliant in a sentence
If notwithstanding such commercially reasonable efforts, the Facility is not RPS Compliant or EPC Compliant, Buyer shall remain obligated to purchase the Products at the full Contract Price.
More Definitions of RPS Compliant
RPS Compliant means, when used with respect to the Facility or any other facility at any time, that all Energy generated by such Facility or other facility, as applicable, at all times shall, together with all of the associated Environmental Attributes, qualify at least as a PCC3 REC under the RPS Law and meet the requirements of Public Utilities Code Section 399.16(b).
RPS Compliant means, when used with respect to the Facility or any other facility at any time, that all Energy generated by such Facility or facility, as applicable, and delivered to the Point of Delivery or other point of delivery, as applicable, at all times shall, together with all of the associated Green Attributes, qualify as a “portfolio content category 1” eligible renewable resource under the RPS Law and meet the requirements of Public Utilities Code Section 399.16(b)(1).
RPS Compliant when used with respect to the Facility or any other facility at any time, means (i) that all Energy generated by that facility at that time would, if purchased by a Retail Seller together with the associated Environmental Attributes, be eligible to be credited against the IPT of the Retail Seller for the year during which the Energy is purchased, and (ii) that all Energy generated by that facility at that time would, if purchased by Buyer together with the associated Environmental Attributes, be eligible to be credited against the IPT of Buyer’s members.
RPS Compliant means, when used with respect to the Facility or any other facility at any time, that all Energy generated by such facility at all times shall, together with all of the associated Environmental Attributes, qualify a... “RPS Compliance Period” means each “Compliance Period” as defined in the RPS Law. “RPS Law” means the California Renewable Energy Resources Act, including the California Renewables Portfolio Standard Program, Article 16 of Chapter 2.3, Division 1 of the Public Utilities Code, California Public Resources Code § 25740 through 25751, ... “SCADA” means the supervisory control and data acquisition system for the Facility. “Schedule” or “Scheduling” means the actions of Seller and Buyer, their Authorized Representatives, the Scheduling Coordinator, and the Transmission Providers, if applicable, of notifying, requesting and confirming to the CAISO the amounts of Facility... “Scheduled Outage” means any outage with respect to the Facility other than a Forced Outage. “Scheduled Outage Projection” has the meaning set forth in Section 4.4(a). “Scheduling Coordinator” has the meaning set forth in the CAISO Tariff. “Seller” has the meaning set forth in the preamble of this Agreement. “Seller Curtailment” has the meaning set forth in Section 7.4(d). “Seller’s Compliance Expenditure Cap” means Five Million Dollars ($5,000,000) in the aggregate during the Delivery Term. “Seller’s Knowledge” means (a) the actual knowledge of any officer of Seller or any officer of any manager or managing member of Seller of any fact, circumstance or condition or (b) the knowledge that any officer of Seller or any officer of any manage... “Settlement Statement” has the meaning set forth in the CAISO Tariff. “Shared Facilities Agreement” means those certain shared facilities agreements related to the Facility between Seller and any Person listed on Appendix N, in form and substance reasonably acceptable to Buyer. “Site” means the real property (including all fixtures and appurtenances thereto) and related physical and intangible property generally identified in Appendix B-1B or Appendix B-2B, as applicable, as owned or leased by Seller where the Facility is lo... “Site Control” means (a) Seller shall, to the extent necessary to provide Seller with full control of the Site, (i) own the Site, (ii) be the holder of a right-of-way grant from the BLM, (iii) be the lessee of the Site under a lease, or (iv) be the ma... “Site Control Documents” means the real property leases, rights-...