Renewable Energy Benefits definition

Renewable Energy Benefits means any and all renewable and environmental attributes, emissions reductions, credits, offsets, allowances reporting rights and benefits, however entitled, (a) available, allocated, assigned, awarded, certified or otherwise transferred or granted to Supplier or Buyer by the PC Administrator or any Governmental Authority in any jurisdiction in connection with the Generating Facility; or (b) associated with the production of energy from the Generating Facility or based in whole or part on the Generating Facility's use of renewable resources for generation or because the Generating Facility constitutes a renewable energy system or the like or because the Generating Facility does not produce greenhouse gasses, regulated emissions or other pollutants, whether any such credits, offsets, allowances or benefits exist now or in the future or whether they arise under existing Law or any future Law or whether such credit, offset, allowance or benefit or any Law, or the nature of such, is foreseeable or unforeseeable, but in all cases shall not mean PCs or Tax Credits. Renewable Energy Benefits includes such credits, offsets, allowance or benefits attributable to Energy generated by and Energy consumed by the Generating Facility, such as Station Usage (parasitic load).
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Renewable Energy Benefits means any and all renewable and environmental attributes, emissions reductions, credits, offsets, allowances reporting rights and benefits, howsoever entitled, associated with the production of the Solar Energy Output, and includes any and all Renewable Energy Certificates and Renewable Energy Benefits Reporting Rights. Renewable Energy Benefits exclude and do not include any Tax Credits or other tax incentives existing now or in the future associated with the construction, ownership or operation of the Facility.
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Renewable Energy Benefits means all Environmental Attributes and Environmental In- centives created during the Term, and solely for the Term.
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Examples of Renewable Energy Benefits in a sentence

  • Renewable Energy Benefits: Measuring the Economics provides the first quantification of the macroeconomic impact of renewable energy deployment.

  • While the Jobs Annual Review provides an overview of the status and trends in renewable energy employment, IRENA’s study Renewable Energy Benefits: Leveraging Local Industries explores how benefits such as income generation and job creation can be maximised through leveraging existing industries to develop a local sector for renewables.

  • Seller desires to sell and deliver to Buyers at the Point of Interconnection the Solar Energy Output generated by the Facility and any Renewable Energy Benefits associated with such Solar Energy Output.

  • The terms and provisions contained in this PPA constitute the entire agreement between Buyers and Seller with respect to the subject matter hereof, and shall supersede all previous communications, representations, or agreements, either oral or written, between Buyer and Seller with respect to the sale of Solar Energy Output and Renewable Energy Benefits from the Facility.

  • Seller shall not (a) sell, divert, grant, transfer or assign any Solar Energy Output, Renewable Energy Benefits, or Capacity Rights to any Person other than Buyer, (b) provide Buyer with any such items from any source other than the Facility or (c) divert, redirect or make available the Facility or any resource therefrom to another generating facility or any third party.

  • The decision on where best to localize the activities for each segment of the value chain is essential in order to maximise these benefits.The study on Renewable Energy Benefits: Leveraging Local Industries analyses the different activities and tasks required for the deployment of small and large scale solar photovoltaic (PV) as well as onshore wind that present opportunities for local value creation.

  • No Change in Applicable Law that eliminates, reduces or otherwise modifies any obligations of a Buyer to obtain Renewable Energy Benefits to comply with Applicable Law shall, in any such case, modify the obligations of the Parties hereunder.

  • All Renewable Energy Benefits shall be exclusively dedicated to and shall be vested in Buyer and Supplier hereby transfers to Buyer all Renewable Energy Benefits.

  • IRENA launched three major reports at IOREC 2016: Policy and Regulations for Private Sector Renewable Energy Mini-Grids Development; Renewable Energy Benefits: Decentralized Solutions in the Agri-food Chain; and Mini-grids: Innovative Technologies Outlook.

  • Renewable Energy Benefits: Leveraging Local Capacity for Offshore Wind, IRENA, Abu Dhabi.


More Definitions of Renewable Energy Benefits

Renewable Energy Benefits means any and all renewable and environmental attributes, emissions reductions, credits, offsets, allowances or benefits, however entitled,
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Renewable Energy Benefits means any and all renewable energy, environmental, economic, emissions and other related credits, offsets, allowances or benefits (i) allocated, assigned, awarded, certified or otherwise transferred or granted to Supplier or Buyer by any Governmental Authority in any jurisdiction in connection with the Generating Facility or (ii) derived or received by Supplier or Buyer in any manner from the ownership or operation of, or production of energy from the Generating Facility or based in whole or part on the Generating Facility's use of renewable resources for generation or because the Generating Facility constitutes a Renewable Energy System or the like or because the Generating Facility does not produce greenhouse gasses or other emissions, whether any such credits, offsets, allowances or benefits exist now or in the future or whether they arise under existing Law or any future Law or whether such credit, offset, allowance or benefit or any Law, or the nature of such, is foreseeable or unforeseeable, but in all cases shall not mean PCs or Tax Credits. Renewable Energy Benefits includes such credits, offsets, allowance or benefits attributable to Energy sold under this Agreement, and Energy consumed by the Generating Facility, such as Station Usage (parasitic load).
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Renewable Energy Benefits means any and all renewable and environmental attributes, emissions reductions attributes, Portfolio Energy Credits (and any equivalent rights in any other jurisdictions), credits, offsets, allowances, reporting rights and benefits, howsoever entitled, and includes any and all: (a) available, allocated, assigned, awarded, certified or otherwise transferred or granted to Supplier or Buyer by the PC Administrator or any Governmental Authority in any jurisdiction in connection with the Facility or the generation, transmission or use of the Product, including those related to the Clean Air amendments of 1970 and regulations of the Environmental Protection Agency thereunder; (b) associated with the production of Energy or based in whole or part on the Facility’s use of renewable resources for generation or because the Generating Facility constitutes a Renewable Energy System or the like or because the Facility does not produce or produces less greenhouse gasses, regulated emissions or other pollutants, whether any such credits, offsets, allowances or benefits exist now or in the future and whether they arise under existing Law or any future Law or whether such credit, offset, allowance or benefit or any Law, or the nature of such, is foreseeable or
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Renewable Energy Benefits means (i) any and all Renewable Energy Certificates, (ii) any and all Renewable Energy Benefits Reporting Rights and (iii) any and all renewable and environmental attributes, emissions reductions, credits, offsets, allowances reporting rights and benefits, howsoever entitled, created by any existing (as of the Effective Date) Applicable Law, and any and all other existing (as of the Effective Date) international, federal, regional, state or other law, rule, regulation, bylaw, treaty or other intergovernmental compact, decision, administrative decision, program (including any voluntary compliance or membership program), competitive market or business method (including all credits, certificates, benefits, and emission measurements, reductions, offsets and allowances related thereto), associated with the production of the Solar Energy Output, whether or not already described in clause (i) or (ii) of this sentence. Renewable Energy Benefits exclude and do not include (i) any Tax Credits or other tax incentives existing now or in the future associated with the construction, ownership or operation of the Facility, (ii) any energy, capacity, reliability or other power attributes from the Facility, or (iii) any Future Environmental Benefits.
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Renewable Energy Benefits means any and all renewable and environmental attributes, emissions, reductions, Portfolio Energy Credits (and any equivalent
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Related to Renewable Energy Benefits

  • Renewable Energy Credits or “RECs” – means a renewable energy credit as defined in the Green-e Energy National Standard and shall include all the renewable attributes associated with the applicable level of corresponding energy production.

  • Renewable energy means the grid quality electricity generated from renewable energy sources;

  • Renewable Energy Source means an energy source that is not fossil carbon-based, non- renewable or radioactive, and may include solar, wind, biomass, geothermal, landfill gas, or wave, tidal and thermal ocean technologies, and includes a Certified Renewable Energy Source.

  • Renewable energy system means a fixture, product, device, or interacting group of fixtures, products, or devices on the customer's side of the meter that use 1 or more renewable energy resources to generate electricity. Renewable energy system includes a biomass stove but does not include an incinerator or digester.

  • renewable energy sources means renewable sources such as small hydro, wind, solar including its integration with combined cycle, biomass, bio fuel cogeneration, urban or municipal waste and other such sources as approved by the MNRE;

  • Renewable Energy Credit has the meaning set forth in California Public Utilities Code Section 399.12(h) and CPUC Decision 00-00-000, as may be amended from time to time or as further defined or supplemented by Law.

  • Renewable energy resources means energy derived from solar, wind, geothermal, biomass, and hydroelectricity. A fuel cell using hydrogen derived from these eligible resources is also an eligible electric generation technology. Fossil and nuclear fuels and their derivatives are not eligible resources.

  • Renewable energy resource means a resource that naturally replenishes over a human, not a geological, time frame and that is ultimately derived from solar power, water power, or wind power. Renewable energy resource does not include petroleum, nuclear, natural gas, or coal. A renewable energy resource comes from the sun or from thermal inertia of the earth and minimizes the output of toxic material in the conversion of the energy and includes, but is not limited to, all of the following:

  • Eligible Renewable Energy Resource or “ERR” has the meaning set forth in California Public Utilities Code Section 399.12 and California Public Resources Code Section 25741, as either code provision is amended or supplemented from time to time.

  • Renewable energy project means (A) a project

  • Class I renewable energy means electric energy produced from

  • Renewable Energy Standard means the minimum renewable energy capacity portfolio, if applicable, and the renewable energy credit portfolio required to be achieved under section 28 or former section 27.

  • Renewable energy facility means an electric generation unit or other facility or installation that produces electric energy using a Renewable Energy Source.

  • Pharmacy benefits management means the administration or management of prescription drug

  • Class II renewable energy means electric energy produced at a

  • Health Benefits means health maintenance organization, insured or self-funded medical, dental, vision, prescription drug and behavioral health benefits.

  • Rechargeable Electrical Energy Storage System (REESS) means the rechargeable energy storage system that provides electric energy for electrical propulsion.

  • Resource Adequacy Benefits means the rights and privileges attached to the Generating Facility that satisfy any Person’s resource adequacy obligations, as those obligations are set forth in any Resource Adequacy Rulings and shall include any local, zonal or otherwise locational attributes associated with the Generating Facility.

  • Pharmacy benefits manager means a person that performs pharmacy benefits management.

  • Electric generation service means the provision of retail

  • Annual Energy Use means, (i) with respect to the first 5 years following the Effective Date, the annual electricity usage, expressed in kilowatt hours (“kWhs”), within the Party’s respective jurisdiction and (ii) with respect to the period after the fifth anniversary of the Effective Date, the annual electricity usage, expressed in kWhs, of accounts within a Party’s respective jurisdiction that are served by the Authority and (b) “Total Annual Energy” means the sum of all Parties’ Annual Energy Use. The initial values for Annual Energy use are designated in Exhibit C, and shall be adjusted annually as soon as reasonably practicable after January 1, but no later than March 1 of each year

  • energy service means the physical benefit, utility or good derived from a combination of energy with energy-efficient technology or with action, which may include the operations, maintenance and control necessary to deliver the service, which is delivered on the basis of a contract and in normal circumstances has proven to result in verifiable and measurable or estimable energy efficiency improvement or primary energy savings;

  • Health benefits plan means a benefits plan which pays or

  • Net energy metering means the difference between the kilowatt-hours consumed by a customer-generator and the kilowatt-hours generated by the customer- generator's facility over any time period determined as if measured by a single meter capable of registering the flow of electricity in two directions.

  • Renewable Resources means one of the following sources of energy: solar, wind, tidal, geothermal, biomass, hydroelectric facilities or digester gas.

  • Additional gap medical benefits means the benefits (if any) payable in respect of medical expenses that are more than the schedule fee and which otherwise meet the requirements of the fund’s no or known gap policy, provided always that the medical expenses relate to a professional service that: