Biofined Renewable Fuels definition

Biofined Renewable Fuels means renewable fuels made from Bio Feedstocks, including, but not limited to, iso-paraffinic kerosene, jet fuel, diesel, naphtha, petroleum jelly and liquefied petroleum gas. This term has been replaced by “Bio-Synfined Renewable Fuels”.
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Examples of Biofined Renewable Fuels in a sentence

  • The date on which the Initial Biofined Renewable Fuels Production Plant achieves operations for commercial purposes after the completion of commissioning and satisfaction of performance tests.

  • The date on which the third Biofined Renewable Fuels Production Plant or such Independent Plant achieves operations for commercial purposes after the completion of commissioning and satisfaction of performance tests.

  • The Project Manager shall implement and be responsible for the development and construction of the Initial Biofined Renewable Fuels Production Plant in accordance with the Initial Budget and the Capital Budget.

  • If Syntroleum no longer owns an ownership interest in Licensee, Licensee and Syntroleum will negotiate in good faith an upfront royalty fee for the second and any subsequent Site License Agreements to be entered into pursuant to this Agreement which upfront fee will be calculated utilizing the lesser of (i) a commercially reasonable royalty fee per gallon and (ii) $XXX per gallon of Biofined Renewable Fuels produced at the Licensed Plant adjusted annually for inflation using the BLS.

  • In addition, the Subsequent Budget shall include the estimated amounts and dates for making each Member’s Capital Contributions necessary for the development, construction and operation of such additional Biofined Renewable Fuels Production Plant or for the expansion of the Initial Biofined Renewable Fuels Production Plant.

  • Each such updated Financial Model, from and after approval by the Management Committee, shall be the Financial Model for the Initial Biofined Renewable Fuels Production Plant for purposes of this Agreement.

  • The date on which the second Biofined Renewable Fuels Production Plant or such Independent Plant achieves operations for commercial purposes after the completion of commissioning and satisfaction of performance tests.

  • The Capital Budget shall include the estimated dates for making each Member’s Capital Contributions with respect to the development, construction and initial operation of the Initial Biofined Renewable Fuels Production Plant.

  • Notwithstanding the above for purposes of Section 2.2(l), each Member shall be free to use its own tax assumptions, price assumptions and other economic and operating projections in analyzing the performance of a Biofined Renewable Fuels Production Plant, which assumptions used by the Party shall be reasonable.

  • Notwithstanding the above for purposes of Section 2.2(l), each Member shall be free to use its own tax assumptions, price assumptions and other economic and operating projections in analyzing the performance of a Biofined Renewable Fuels Production Plant, which assumptions by the Party shall be reasonable.

Related to Biofined Renewable Fuels

  • Renewable fuel means a fuel that is derived from Eligible Energy Resources. This term does not include a fossil fuel or a waste product from a fossil fuel source.

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

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

  • Class I renewable energy means electric energy produced from

  • Renewable energy project means (A) a project

  • 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.

  • Ethanol blended gasoline means the same as defined in section 214A.1.

  • Gas supply service means the provision to customers of the

  • Aviation gasoline means fuel designed for use in the operation of aircraft other than jet aircraft,

  • 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 means energy derived from sunlight, wind, falling water, biomass, sustainable or

  • Class II renewable energy means electric energy produced at a

  • energy storage means, in the electricity system, deferring the final use of electricity to a moment later than when it was generated, or the conversion of electrical energy into a form of energy which can be stored, the storing of such energy, and the subsequent reconversion of such energy into electrical energy or use as another energy carrier;

  • Basic gas supply service means gas supply service that is

  • Energy storage system means a system which stores energy and releases it in the same form as was input.

  • 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.

  • Fossil fuel-fired means the combustion of fossil fuel or any derivative of fossil fuel, alone or in combination with any other fuel, independent of the percentage of fossil fuel consumed in any calendar year (expressed in mmBtu).

  • energy from renewable sources or ‘renewable energy’ means energy from renewable non-fossil sources, namely wind, solar (solar thermal and solar photovoltaic) and geothermal energy, ambient energy, tide, wave and other ocean energy, hydropower, biomass, landfill gas, sewage treatment plant gas, and biogas;

  • Transport Gas means the gas purchased by a Customer from a supplier other than KUB that Customer has arranged to have Delivered to KUB for delivery to the Customer by KUB.

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

  • Biodiesel means a fuel composed of mono-alkyl esters of long chain fatty acids derived from vegetable oils or animal fats, and, in accordance with standards specified by the American society for testing and materials, designated B100, and meeting the requirements of D-6751, as approved by the department of agriculture.

  • 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.

  • Natural Gas Liquids means those hydrocarbon components that can be recovered from natural gas as a liquid including, but not limited to, ethane, propane, butanes, pentanes plus, and condensates;

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

  • Fossil fuel means natural gas, petroleum, coal, or any form of solid, liquid, or gaseous fuel derived from such material.

  • Coal means high-grade, medium-grade and low-grade category A and B coal within the meaning of the international codification system for coal established by the United Nations Economic Commission for Europe and clarified in the Council decision of 10 December 2010 on State aid to facilitate the closure of uncompetitive coal mines;