EPS Compliance definition

EPS Compliance or “EPS Compliant” when used with respect to the Facility or any other facility providing Replacement Energy at any time, means that the Facility or facility, as applicable, satisfies both the PUC Performance Standard and the CEC Performance Standard in effect at the time; provided, if it is impossible for the Facility or facility, as applicable, to satisfy both the PUC Performance Standard and the CEC Performance Standard in effect at any time, the Facility or facility, as applicable, shall be deemed EPS Compliant if it satisfies the CEC Performance Standard in effect at the time and those portions of the PUC Performance Standard in effect at the time that it is possible for the Facility or facility, as applicable, to satisfy while at the same time satisfying the CEC Performance Standard in effect at the time.
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EPS Compliance or “EPS Compliant” when used with respect to the Generating Facilities, means that the Generating Facilities comply with EPS Law and satisfy the CEC Performance Standard in effect at the time.
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Examples of EPS Compliance in a sentence

  • The Buyer will not execute the applicable PPA until the CPUC Energy Division provides the EPS Compliance Letter.

  • TITLE AND RISK OF LOSS 40 Section 7.1 In General 40 Section 7.2 Scheduling Coordinator; CAISO Cost Allocation 41 Section 7.3 Forecasting and Scheduling of Energy 41 Section 7.4 Curtailment 44 Section 7.5 No Payment 45 Section 7.6 Title; Risk of Loss 45 Section 7.7 RPS and EPS Compliance 45 ARTICLE VIII ENVIRONMENTAL ATTRIBUTES 46 Section 8.1 Transfer of Environmental Attributes 46 Section 8.2 Reporting of Ownership of Environmental Attributes.

  • Per Section 12.6, Seller may incorporate storage technologies (at its own cost and for its own benefit) as long as the incorporation of storage technologies does not affect the Facility’s EPS Compliance or RPS Compliance and Seller is otherwise able to continue to comply with all other obligations of Seller under this Agreement.