Energization definition

Energization or “Energize” or “Energized” means, with respect to a Designated System, the approval by the IPA that a Designated System has met all requirements for energization under the ABP, including the establishment of a Standing Order. If the Designated System is a Community Renewable Energy Generation Project, Energization shall also include the occurrence of having a Community Solar Subscription Mix of at least fifty percent (50%).

Energization or “Energize” or “Energized” means, with respect to a Designated System, the approval by the IPA that a Designated System has met all requirements for energization under the SFA, including the establishment of a Standing Order. If the Designated System is a Community Renewable Energy Generation Project, Energization shall also include the occurrence of at least fifty percent (50%) of the Non-Anchor Nameplate Capacity of the Designated System being Subscribed by End Use Customers (through a “subscription” as defined in Section 1-10 of the IPA Act).

Energization means the time when the Cable is fully installed and the fiber meets testing criteria agreed to by the Parties.

Examples of Energization in a sentence

• For avoidance of doubt, the payment of such Advance of Capital amount may occur prior to the Energization of the Designated System; and in such case, the Advance of Capital amount is not included in the Maximum Allowable Payment in any Quarterly Netting Statement and no Quarterly Payment Cycle is assigned to such Designated System until such Designated System is Energized.

• If the Designated System is a Community Renewable Energy Generation Project, the following shall apply: subsequent to Energization, the quantity of RECs used for purposes of the REC payment shall be subject to four (4) additional payment adjustments as hereinafter provided based on the information in the Community Solar Quarterly Report submitted by Seller to the IPA pursuant to Section 6.2 for each of the first four (4) full Quarterly Periods7 after Energization.

• Upon Energization, the Delivery Term shall be deemed to have commenced in the month after the first REC transfer has occurred, and as such, the Delivery Term may commence prior to the Date of Energization.

• If a REC transfer occurs prior to the date of Energization, all such RECs that are transferred to Buyer’s PJM-EIS GATS or M-RETS account may be retired by Xxxxx and shall not be returned to Seller even if the Designated System fails to eventually be approved for Energization; and unless the Designated System is Energized, the Delivery Term shall not be deemed to have commenced.

• In this case, with respect to the portion of the Maximum Allowable Payment associated with such Designated System, the Maximum Allowable Payment will reflect (a) the initial Advance of Capital amount and (b) the remaining balance of the REC Purchase Payment Amount associated with such Designated System upon Energization if such Designated System is not a Community Renewable Energy Generation Project, is Energized and its Actual Nameplate Capacity is equal to or less than 25 kW.

More Definitions of Energization

Energization or “Energize” or “Energized” means, with respect to a Designated System, the approval by the IPA that a Designated System has met all requirements for energization under the ABP, including the establishment of a Standing Order. If the Designated System is a Community Renewable Energy Generation Project, Energization shall also include the occurrence of having a Community Solar Subscription Mix of at least fifty percent (50%). Further, if the Designated System is a Community Renewable Energy Generation Project that is a School Project as indicated in Schedule A of the Product Order for such Designated System, Energization shall also include the occurrence of having ten percent (10%) of the Actual Nameplate Capacity Subscribed by a public school or such other entity as may be approved by the IPA. “Environmental Attributes” excludes electric energy and capacity produced, but means any other emissions, air quality, or other environmental attribute, aspect, characteristic, claim, credit, benefit, reduction, offset or allowance, howsoever entitled or designated, resulting from, attributable to or associated with the generation of a renewable energy resource or low-carbon resource now or in the future eligible for procurement under Illinois law (see 20 ILCS 3855/1-56, 20 ILCS 3855/1-75, et seq.), whether existing as of the Effective Date or in the future, and whether as a result of any present or future local, state or federal laws or regulations or local, state, national or international voluntary program, as well as any and all generation attributes under any and all 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) that are attributable, now or in the future; and further, means: (a) any such credits, certificates, benefits, offsets and allowances computed on the basis of the Designated System’s generation using renewable technology or displacement of fossil-fuel derived or other conventional energy generation; (b) any certificates or credits issued pursuant to the PJM-EIS GATS or M-RETS in connection with energy generated by the Designated System; and (c) any voluntary emission reduction credits obtained or obtainable by Selle...

Energization. , “Energized” or “Energizing” means the electrical energization of the Collection System Substation, Collection System Circuit, Turbine, or other applicable component of the Project, to enable the delivery of energy from the Turbines to the Point of Interconnection, at rated capacity and otherwise in accordance with the intended design of all such facilities.

Energization means the electrical energization of the control system of a Wind Turbine or the Wind Turbines, as the case may be, and the Project Interconnection Facilities from the Delivery Point, with the ability to receive or deliver electric energy to or from the Wind Turbines through the Delivery Point.

Energization or “Energize” or “Energized” means, with respect to a Designated System, the approval by the IPA that a Designated System has met all requirements for energization under the ABP,

Energization or “Energize” or “Energized” means, with respect to a Designated System, the approval by the IPA that a Designated System has met all requirements for energization under the ABP, including the establishment of a Standing Order. If the Designated System is a Community Renewable Energy Generation Project, Energization shall also include the occurrence of having a Community Solar 4 NTD: IPA Act Section 1-75(c)(1)(K)(ii): “At least 20% from distributed renewable energy generation devices with a nameplate capacity of more than 25 kilowatts and no more than 5,000 kilowatts.” Subscription Mix of at least fifty percent (50%).5

Energization or “Energize” or “Energized” means, with respect to a Designated System, the approval by the IPA that a Designated System has met all requirements for energization under the ABP, including the establishment of a Standing Order. If the Designated System is a Community Renewable Energy Generation Project, Energization shall also include the occurrence of having a Community Solar Subscription Mix of at least fifty percent (50%) of the Actual Nameplate Capacity of the Designated System being subscribed (through a “subscription” as defined in Section 1- 10 of the IPA Act).%).5

Energization or “Energize” or “Energized” means, with respect to a Designated System, the approval by the IPA that a Designated System has met all requirements for energization under the ABP, including the establishment of a Standing Order. If the Designated System is a Community Renewable Energy Generation Project, Energization shall also include the occurrence of having a Community Solar Subscription Mix of at least fifty percent (50%). Further, if the Designated System is a Community Renewable Energy Generation Project that is a School Project as indicated in Schedule A of the Product Order for such Designated System, Energization shall also include the occurrence of having ten percent (10%) of the Actual Nameplate Capacity Subscribed by a public school or such other entity as may be approved by the IPA.