FIT Act definition

FIT Act means The Act on Purchase of Renewable Energy Sourced Electricity by Electric Utilities (Act Xx. 000 xx 0000, xx xxxxxxx) xx Xxxxx.
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FIT Act means the Act on Special Measures Concerning Feed-in Tariff Scheme for Renewable Energy by electric power companies in Japan (Act No. 108 of August 30, 2011)
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Examples of FIT Act in a sentence

  • The State maintains existing contracts with Federally Qualified Health Centers.

  • Based on the priority dispatch rules which were stipulated by the Ordinance for Enforcement of the FIT Act and Operational guidelines for the power transmission and distribution business, etc.

  • These curtailment requirements are stipulated in the Ministerial Ordinance for Enforcement of the FIT Act (No. 46 of 2012).

  • The newly approved capacity has stagnated lately because some strict measures reduced the accumulated idle capacity in the revised FIT Act of 2017.

  • Thus the FIT Act was revised in May 2016 and the revised act was put into force in April 2017.Overview and concept of the auction system Applicable to power generation for business use with capacity of 2MW <Solar power>Setting of price targetsor moreHold three auctions over the next two years (FY2017 and 2018) on a trial basisThe auction volume is estimated at 1 to 1.5 GW. The ceiling on the auction price is set at 21 yen/kWh for the first auction.

  • Even after the Feed-in Tariff (FIT) Act (The Act on Special Measures concerning the Procurement of Renewable Electric Energy by Operators of Electric Utilities, Act No. 108 of 2011) was enforced in July 2012, utilities can curtail wind and solar for a maximum of 30 days (8% annual) without compensation.

  • Some utilities have required wind developers and owners to install secondary batteries onsite to mitigate wind variability in addition to the 30-day uncompensated curtailment.Priority dispatch is not given for renewables in Japan, and it is described in neither the FIT Act nor the Ministerial Ordinance.

  • The FIT program under the revised FIT Act is based on the following fundamentals: 1) creation of a new approval scheme; 2) cost-efficient introduction; 3) introduction of power sources with a long lead time; 4) review of surcharge exemption system; and 5) transition to power purchase by transmission and distribution operators.

  • Description on the priority dispatch is not in either the FIT Act or the Ministerial Ordinance.

  • When looking at the change in CO2 emissions associated with power generation while setting FY 2012, the year the FIT Act was enforced, as the baseline (100), emissions in FY2015 are lower by 9 points.

Related to FIT Act

  • IT Act means the Income Tax Act, 1961;

  • VAT Act means the Value Added Tax Act, No 89 of 1991, as may be amended from time to time.

  • FILOT Act means Title 12, Chapter 44, of the Code, and all future acts successor or supplemental thereto or amendatory thereof.

  • Budget Act means an act containing appropriations which form a portion of the state's annual budget.

  • ECT Act means the Electronic Communications and Transaction Act No 25 of 2002, as amended;

  • the 1981 Act which means the Compulsory Purchase (Vesting Declarations) Act 1981.

  • the 1985 Act means the Companies Act 1985;

  • the 1991 Act means the Water Industry Act 1991(a);

  • the 1989 Act means the Local Government and Housing Act 1989;

  • the 1988 Act means the Local Government Finance Act 1988.

  • FW Act means the Fair Work Act 2009, as amended from time to time.

  • Society Act means the Society Act of the Province of British Columbia from time to time in force and all amendments to it;

  • the 1998 Act (“Deddf 1998”) means the Teaching and Higher Education Act 1998;

  • the 1961 Act means the Land Compensation Act 1961(d); “the 1965 Act” means the Compulsory Purchase Act 1965(e); “the 1980 Act” means the Highways Act 1980(f);

  • POPI Act means the Protection of Personal Information Act, 4 of 2013;

  • the 1990 Act means the Town and Country Planning Act 1990;

  • the 1999 Act means the Greater London Authority Act 1999;

  • Corrupt Act means any offence in respect of corruption or corrupt activities contemplated in the Prevention and Combating of Corrupt Activities Act No. 12 of 2004;

  • the 1972 Act means the Local Government Act 1972.

  • the 1996 Act means the Education Act 1996;

  • FMC Act means the Financial Markets Conduct Act 2013.

  • Privacy Act means the Privacy Act 1988 (Cth).

  • Violent act means behavior that resulted in homicide,

  • Electricity Act means the Electricity Act, 1998, S.O. 1998, c. 15, Schedule A;

  • ACNC Act means the Australian Charities and Not-for-profits Commission Act 2012 (Cth).

  • Mining Act means the Mining Xxx 0000;