Renewable Component definition

Renewable Component means, for a hybrid plant, the part of the Facility which utilizes solar or wind power generation technology.
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Examples of Renewable Component in a sentence

  • Renewable Component Liquidated Damages shall be equal to the amount of the annual shortfall (in kWh) multiplied by the average Energy Charge (in $/kWh) for the applicable Contract Year.

  • Project Company shall provide the PSCC with [real time] updates of the current production and the seven (7) day hourly production forecast for the Renewable Component.

  • If the Facility is a hybrid Facility, the Project Company guarantees that, for each Contract Year, the Net Energy Output derived from the Renewable Component shall be equal to or greater than the Guaranteed Amount of Rewable Energy.

  • After the end of each Contract Year, GPA shall verify the amount of Net Energy Output derived from the Renewable Component for such year and if it is less than the Guranteed Amount of Renewable Energy applicable to such year, the Project Company shall be liable for Renewable Component Liquidated Damages which shall be payable as part of the next monthly invoice.

  • Review of Thermodynamic and Transport Properties of 1-Butanol as Renewable Component of Biofuel.

  • If there is whitespace in the key/value pair this should be properly enclosed in quotation marks to ensure the argument is parsed correctly.

  • This premise of the petitioner is not correct as the entire object and purpose of REC Mechanism is to provide an alternative mechanism for promotion of renewable energy generation, where in Renewable Component of energy generation are eligible for REC which are tradable in the Energy Exchanges and Electricity Component are treated akin to conventional generator.

  • This administrative function is too attenuated from the operational needs of the System to qualify as an exempt Renewable Component.

  • Similarly, Company's sale to, and Customer's use of, the System at the end of the lease is also exempt under the Renewable Component exemption, except for the on-site monitoring component.

Related to Renewable Component

  • Principal Component The principal payment plus any interest payments that are either due after the date specified in, or are specified as ineligible for stripping in, the applicable Supplemental Agreement.

  • Original component manufacturer means an organization that designs and/or engineers a part and is entitled to any intellectual property rights to that part.

  • Class D Component The Component having such designation.

  • Service Component means certain enabling Software, hardware peripherals and associated documentation which may be separately provided by Symantec as an incidental part of a Service.

  • Class C Component The Component having such designation.

  • Cannabis testing facility means an entity registered by

  • Facility component means any part of a facility, including equipment.

  • Interest Component Each future interest payment, or portion thereof, due on or prior to the Maturity Date, or if the Debt Security is subject to redemption or repayment prior to the Maturity Date, the first date on which such Debt Security is subject to redemption or repayment.

  • Corresponding Component As identified in the Preliminary Statement with respect to any Class of Non-Vertically Retained Principal Balance Certificates or Lower-Tier Regular Interest.

  • Base Load Generation Resource means a Generation Capacity Resource that operates at least 90 percent of the hours that it is available to operate, as determined by the Office of the Interconnection in accordance with the PJM Manuals.

  • Total resource cost test or "TRC test" means a standard that is met if, for an investment in energy efficiency or demand-response measures, the benefit-cost ratio is greater than one. The benefit-cost ratio is the ratio of the net present value of the total benefits of the program to the net present value of the total costs as calculated over the lifetime of the measures. A total resource cost test compares the sum of avoided electric utility costs, representing the benefits that accrue to the system and the participant in the delivery of those efficiency measures, as well as other quantifiable societal benefits, including avoided natural gas utility costs, to the sum of all incremental costs of end-use measures that are implemented due to the program (including both utility and participant contributions), plus costs to administer, deliver, and evaluate each demand-side program, to quantify the net savings obtained by substituting the demand-side program for supply resources. In calculating avoided costs of power and energy that an electric utility would otherwise have had to acquire, reasonable estimates shall be included of financial costs likely to be imposed by future regulations and legislation on emissions of greenhouse gases.

  • SOFR Compounded Index means the Compounded Daily SOFR rate as published at 15:00 (New York time) by Federal Reserve Bank of New York (or a successor administrator of SOFR) on the website of the Federal Reserve Bank of New York, or any successor source; and

  • Component means an article, material, or supply incorporated directly into an end product.

  • Fully Burdened Manufacturing Cost means, with respect to any Licensed Product supplied by or on behalf of NVCR to Zai hereunder if such Licensed Product (or any precursor or intermediate thereof) is manufactured by a Third Party manufacturer [***].

  • Basic gas supply service means gas supply service that is

  • Ultra Low Sulfur Diesel Fuel means diesel fuel that has a sulfur content of no more than fifteen parts per

  • Class E Component The Component having such designation.

  • Accrual Components As specified in the Preliminary Statement.

  • Development Cost means the total of all costs incurred in the completion of a Development excluding Developer Fee, operating deficit reserves, and total land cost as typically shown in the Development Cost line item on the development cost pro forma.

  • Structural component means a component that supports non-variable forces or weights (dead loads) and variable forces or weights (live loads).

  • Measurement Point means the emission source for which continuous emission measurement systems (CEMS) are used for emission measurement, or the cross-section of a pipeline system for which the CO2 flow is determined using continuous measurement systems;

  • Manufacturing Cost means [***].

  • Baseline means the “Initial Small Business Lending Baseline” set forth on the Initial Supplemental Report (as defined in the Definitive Agreement), subject to adjustment pursuant to Section 3(a).

  • Initial Component Balance As specified in the Preliminary Statement.

  • Development Costs means costs incurred to obtain access to reserves and to provide facilities for extracting, treating, gathering and storing the oil and gas from reserves. More specifically, development costs, including applicable operating costs of support equipment and facilities and other costs of development activities, are costs incurred to: