Bundled Green Energy definition

Bundled Green Energy means Energy, Green Attributes, and any other Product, the quantity of which is measured based on the amount of Delivered Energy, in each case, that are produced by or associated with the Project. The quantity of Bundled Green Energy shall be equal to the lesser of the quantity of (i) [When Seller is SC for the Project or when Buyer is SC but Project is not in the VER Forecasting Program: Contract Energy] [When SDG&E is SC for the Project and Project is in the VER Forecasting Program: Delivered Energy] (ii) Green Attributes that are delivered to Buyer, and (iii) any other Product that is delivered to Buyer, the quantity of which is measured based on the amount of Delivered Energy. For example, if the quantity of Renewable Energy Credits that are delivered to Buyer is less than the quantity of the [When Seller is SC for the Project or when Buyer is SC but Project is not in the VER Forecasting Program: Contract Energy] [When SDG&E is SC for the Project and Project is in the VER Forecasting Program: Delivered Energy], then the quantity of Bundled Green Energy shall be equal to the quantity of Renewable Energy Credits that are delivered to Buyer.
Bundled Green Energy means Energy, Green Attributes, and any other Product, the quantity of which is measured based on the amount of Delivered Energy, in each case, that are produced by or associated with the Project. The quantity of Bundled Green Energy shall be equal to the lesser of the quantity of (i) [When Seller is SC for the Project or when Buyer is SC but Project is not in the VER Forecasting Program: Contract Energy [When SDG&E is SC for the Project and Project is in the VER Forecasting Program: Delivered Energy (ii) Green Attributes that are delivered to Buyer, and (iii) any other Product that is delivered to Buyer, the quantity of which is measured based on the amount of Delivered Energy. For example, if the quantity of Renewable Energy Credits that are delivered to Buyer is less than the quantity of the [When Seller is SC for the Project or when Buyer is SC but Project is not in the VER Forecasting Program: Contract Energy [When SDG&E is SC for the Project and Project is in the VER Forecasting Program: Delivered Energy , then the quantity of Bundled Green Energy shall be equal to the quantity of Renewable Energy Credits that are delivered to Buyer.
Bundled Green Energy means Energy and Green Attributes, in each case, that are produced by or associated with the Project. The quantity of Bundled Green Energy shall be equal to the lesser of the quantity of (i) [When Seller is SC for the Project or when SDG&E is SC but Project is not in the VER Forecasting Program: Contract Energy] [When SDG&E is SC for the Project and Project is in the VER Forecasting Program: Delivered Energy] and (ii) Green Attributes that are delivered to Buyer. For example, if the quantity of Renewable Energy Credits that are delivered to Buyer is less than the quantity of the [When Seller is SC for the Project or when SDG&E is SC but Project is not in the VER Forecasting Program: Contract Energy] [When SDG&E is SC for the Project and Project is in the VER Forecasting Program: Delivered Energy], then the quantity of Bundled Green Energy shall be equal to the quantity of Renewable Energy Credits that are delivered to Buyer.

Examples of Bundled Green Energy in a sentence

  • For each month during which Seller has achieved “Full Capacity Deliverability Status,” as defined in the CAISO Tariff (“FCDS”) as determined by the CAISO, Buyer shall pay Seller for the Product an amount equal to the sum for each hour in the month of the product of the Energy Price times the sum of Bundled Green Energy plus Deemed Bundled Green Energy in each hour (“Monthly Energy Payment”).

  • For each month during which Seller has not achieved FCDS as determined by the CAISO, Buyer shall pay Seller for the Product an amount equal to the sum for each hour in the month of the product of (i) the Energy Price minus [insert the $/MWh equal to the Deliverability Value] (“Deliverability Value”) times (ii) the sum of Bundled Green Energy plus Deemed Bundled Green Energy (together, the “Monthly Energy Payment”).

  • For each month, Buyer shall pay Seller for the Product an amount equal to the sum for each hour in the month of the product of the Energy Price times the sum of Bundled Green Energy plus Deemed Bundled Green Energy in each hour (“Monthly Energy Payment”).

  • The quantity of Bundled Green Energy that Seller expects to be able to deliver to Buyer during each Contract Year is [_____] MWh (“Contract Quantity”).

  • Buyer shall pay Seller, on the date payment would otherwise be due in respect of the month in which any such Economic Dispatch Down occurred an amount equal to the positive difference, if any, of (Y) the product of the Energy Price, times, minus (Z) the product of the positive value of the Sales Price, if received, times the amount of Deemed Bundled Green Energy resulting from such Economic Dispatch Down.

  • For each month, Buyer shall pay Seller for the Product an amount equal to the sum for each hour in the month of the product of the Energy Price times the Bundled Green Energy in each hour (“Monthly Energy Payment”).

  • The quantity of Bundled Green Energy that Seller expects to be able to deliver to Buyer during each Contract Year is [_____] MWh [For solar facilities, insert: to be degraded each Contract Year by [insert manufacturer’s degradation factor] (“Contract Quantity”).

  • The Monthly Energy Payment for a Project System shall equal the sum for each hour in the month of the product of (a) the Energy Price times (b) Generation Facility Bundled Green Energy for such Project System in such hour.

  • In the interest of facilitating my services to your company, I may send data over the Internet, store electronic data via computer software applications hosted remotely on the Internet, or allow access to data through third-party vendors secured portals or clouds.

  • Throughout the Delivery Period, Seller shall be required to deliver Bundled Green Energy to Buyer from the Project (in the aggregate) no less than the Guaranteed Energy Production (as defined below) in any twenty-four (24) consecutive calendar month period during the Delivery Period (“Performance Measurement Period”).


More Definitions of Bundled Green Energy

Bundled Green Energy means Energy and Green Attributes, in each case, that is produced by or associated with the Project. The quantity of Bundled Green Energy shall be equal to the lesser of the quantity of (i) [When Seller is SC for the Project or when Buyer is SC but Project is not VER Forecasting Program eligible (VER Forecasting Program eligible projects are wind and solar projects): Contract Energy] [When SDG&E is SC for the Project and Project is VER Forecasting Program eligible (VER Forecasting Program eligible projects are wind and solar projects): Delivered Energy] and (ii) Green Attributes that are delivered to Buyer. For example, if the quantity of Renewable Energy Credits that are delivered to Buyer is less than the quantity of the [When Seller is SC for the Project or when Buyer is SC but Project is not VER Forecasting Program eligible (VER Forecasting Program eligible projects are wind and solar projects): Contract Energy] [When SDG&E is SC for the Project and Project is VER Forecasting Program eligible (VER Forecasting Program eligible projects are wind and solar projects): Delivered Energy], then the quantity of Bundled Green Energy shall be equal to the quantity of Renewable Energy Credits that are delivered to Buyer.
Bundled Green Energy means Energy, Green Attributes, and any other Product, the quantity of which is measured based on the amount of Delivered Energy, in each case, that are produced by or associated with the Project. The quantity of Bundled Green Energy shall be equal to the lesser of the quantity of (i) [When Seller is SC for the Project or when Buyer is SC but Project is not in the VER
Bundled Green Energy means Energy, Green Attributes, and any other Product, the quantity of which is measured based on the amount of Delivered Energy, in each case, that is produced by or associated with the Project. The quantity of Bundled Green Energy shall be equal to the lesser of the quantity of (i) [When Seller is SC for the Project or when Buyer is SC but Project is not in PIRP: Contract Energy] [When SDG&E is SC for the Project and Project is in PIRP: Delivered Energy] (ii) Green Attributes that are delivered to Buyer, and (iii) any other Product that is delivered to Buyer, the quantity of which is measured based on the amount of Delivered Energy. For example, if the quantity of Renewable Energy Credits that are delivered to Buyer is less than the quantity of the [When Seller is SC for the Project or when Buyer is SC but Project is not in PIRP: Contract Energy] [When SDG&E is SC for the Project and Project is in PIRP: Delivered Energy], then the quantity of Bundled Green Energy shall be equal to the quantity of Renewable Energy Credits that are delivered to Buyer.
Bundled Green Energy means, with respect to each Project System, the Generation Facility Bundled Green Energy and Energy Storage System Bundled Green Energy for such Project System, without duplication.

Related to Bundled Green Energy

  • 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.

  • Net Energy The total quantity of electric energy (measured in kilowatt hours) produced by the Facility over a given time period and delivered to the Point of Interconnection, as measured by the revenue meter. "Net Energy" the equivalent of "Actual Output."

  • Electric power supplier means a person or entity that is duly