GHG Credits definition

GHG Credits means greenhouse gas credits or allowances, including all attributes associated with renewable energy, associated with the displacement of generation from greenhouse gas emitting facilities;
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GHG Credits has the meaning set forth in Section 15.03(b)(ii).
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GHG Credits means any instrument, credit, offset, allowance or similar right to emit Greenhouse Gas issued by a Governmental Authority in accordance with Legal Requirements or any revenues which are allocated to or received by any Person or generating facility associated with any GHG emissions or the avoidance of or reduction in the production of GHG emissions.
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Examples of GHG Credits in a sentence

  • These offsets involve more than detailed engineering calculations.

  • Allocated, issued or has the right to obtain GHG Credits for a portion of, or its entire fleet of generating units (all or some of the generating units owned, managed, or controlled by Seller that are subject to the GHG Regulations) (“Seller’s Fleet”), then Seller shall obtain and utilize a proportional amount of such GHG Credits to mitigate SCE’s AB 32 Reimbursement Obligation at no cost to SCE.

  • GHG Credits Derived from the Destruction of Methane in LFG The GHG reductions achieved by the destruction of methane in LFG have market value and can be sold in voluntary and compliance markets.

  • Employer Services: Skills for Change is a leader in making diversity a corporate asset from providing specialized training to integration in the workplace.

  • In the event that Seller is allocated, issued or has the right to obtain Non-AB 32 GHG Credits or revenues (as described in Section 15.02(e) above) for a portion of, or its entire fleet of generating units, then Seller shall utilize a proportional amount of such Non-AB 32 GHG Credits or revenues to mitigate the GHG Charges otherwise reimbursable by SCE at no cost to SCE.

  • At SCE’s request, Seller shall furnish information pertaining to the aggregate quantity of GHG Credits or Non-AB 32 GHG Credits or revenues allocated by CARB (and/or any other Governmental Authority) to Seller, any of Seller’s Affiliates, and/or the Generating Unit(s) for Greenhouse Gas attributable to the Project during the Delivery Period (or any portion thereof).

  • An IOU may record in the CHP Program Reports as progress towards obtaining its MW Targets and GHG Emissions Reduction Targets the MWs, GHG Credits or GHG Debits associated with the PPA at the time of execution.

  • GHG Credits: Any emission reduction (greenhouse gas) credits that may result from the installation of any energy efficient products or equipment by the Participant or contractors at any Property under the Program will be assigned to Nelson Hydro/City of Nelson.

  • Provided that Nalcor has provided to Emera all the Energy, GHG Credits and/or money as may be required under (a), (b) and/or (c) in respect of a failure to deliver Block B Undelivered Energy, such remedies are Emera’s sole and exclusive rights, remedies and recourses in respect of such failure, and Nalcor shall have no further obligations or liabilities in respect of such failure.

  • The pricing mechanisms provided for by Sections 2.4(a) and (b) will be in reference to pricing that is available for a non-firm, Energy-only product in respect of which a purchaser receives no GHG Credits.


More Definitions of GHG Credits

GHG Credits has the meaning set forth in Section 11.03(d)(iii).
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GHG Credits means units used to determine compliance with the green house gas emissions standards established by U.S. Environmental Protection Agency’s light-duty vehicle greenhouse gas emissions standards program discussed in the EPA GHG Emissions Regulations.
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Related to GHG Credits

  • 9% Credits means Federal Credit allocated on a competitive basis under the provisions of this Plan.

  • 4% Credits means Federal Credit available to Bond Financed Projects which meet the requirements of this Plan.

  • Employer Credits means the amounts credited to the Participant’s Deferred Compensation Account by the Employer pursuant to the provisions of Section 4.2.

  • Credits means the Federal and State Housing Tax Credit program.

  • Service Credits means the service credits payable to the Purchaser by the Service Provider in the event that the Service Levels are not met and identified as service credits in the Pricing Schedule.

  • Emission Reduction Credits or “ERC(s)” means emission reductions that have been authorized by a local air pollution control district pursuant to California Division 26 Air Resources; Health and Safety Code Sections 40709 and 40709.5, whereby such district has established a system by which all reductions in the emission of air contaminants that are to be used to offset certain future increases in the emission of air contaminants shall be banked prior to use to offset future increases in emissions.

  • Tax Credits means any state, local and/or federal production tax credit, tax deduction, and/or investment tax credit specific to the production of renewable energy and/or investments in renewable energy facilities.

  • Renewable Energy Credits means a certificate, credit, allowance, green tag, or other transferable indicia, howsoever entitled, allocated, assigned or otherwise awarded or certified by any Governmental Authority, program administrator, certification board or similar entity in connection with the production or generation of each MWh of energy from the Project. For the avoidance of doubt, “Renewable Energy Credits” shall not include any ITC, State Renewable Energy Incentives or other tax benefits, credits, or incentives.

  • Company Matching Contributions means any contributions made to the Company Matching Account of a Participant by a Participating Employer as provided for in Section 4.02.

  • Employer Matching Contributions means the Employer matching contributions made to the Trust Fund pursuant to Article V (Employer Matching Contributions).

  • Auction Revenue Rights Credits means the allocated share of total FTR auction revenues or costs credited to each holder of Auction Revenue Rights, calculated and allocated as specified in Operating Agreement, Schedule 1, section 7.4.3, and the parallel provisions of Tariff, Attachment K-Appendix, section 7.4.3.

  • Universal Credit means any payment of Universal Credit payable under the Welfare Reform Act 2012, the Universal Credit Regulations 2013, The Universal Credit (Consequential, Supplementary, Incidental and Miscellaneous Provisions) Regulations 2013, Universal Credit (Miscellaneous Amendments) Regulations 2013 and the Universal Credit (Transitional Provisions) Regulations 2014;

  • Participant’s Account means an account maintained for each Participant’s participation in DSUs and/or RSUs under the Plan;

  • Deferred Account means the participant's Deferred Pension Account, Deferred Dividends Account, Deferred Retainer Account, Deferred Fees Account, Deferred Cash Account and/or Deferred Stock Account.

  • Service Level Credit is defined in Section 8.

  • Service credit year means an accumulation of months of

  • Death master file match means a search of the death master file that results in a match of the social security number or the name and date of birth of an insured, an annuity owner or a retained asset account holder.[PL 2017, c. 129, §1 (NEW).]

  • Company Matching Account means (i) the sum of all of a Participant's Annual Company Matching Amounts, plus (ii) amounts credited in accordance with all the applicable crediting provisions of this Plan that relate to the Participant's Company Matching Account, less (iii) all distributions made to the Participant or his or her Beneficiary pursuant to this Plan that relate to the Participant's Company Matching Account.

  • frozen account means an account with a relevant institution which is held or controlled (directly or indirectly) by a designated person;

  • Class PO Deferred Amount As to any Distribution Date, the aggregate of the applicable PO Percentage of each Realized Loss, other than any Excess Loss, to be allocated to the Class PO Certificates on such Distribution Date on or prior to the Senior Credit Support Depletion Date or previously allocated to the Class PO Certificates and not yet paid to the Holders of the Class PO Certificates.

  • Aggregate Account means, with respect to each Participant, the value of all accounts maintained on behalf of a Participant, whether attributable to Employer or Employee contributions, subject to the provisions of Section 9.2.

  • Qualified Matching Contributions means Matching Contributions which are immediately nonforfeitable when made, and which would be nonforfeitable, regardless of the age or service of the Employee or whether the Employee is employed on a certain date, and which may not be distributed, except upon one of the events described under Section 401(k)(2)(B) of the Code and the regulations thereunder.

  • Employer Contributions means the amount transferred by an employer to a funding account or a health reimbursement account.

  • Omnibus Account means any Shareholder Account the record owner of which is a registered broker-dealer which has agreed with the Transfer Agent to provide sub-transfer agent functions relating to each Sub-shareholder Account within such Shareholder Account as contemplated by this Schedule I in respect of each of the Funds.

  • Company Credit Agreement means the Amended and Restated Credit Agreement, dated as of September 30, 2016, as amended from time to time, among the Company, the guarantors named therein, the lenders named therein, and Xxxxx Fargo Bank, National Association, as administrative agent and collateral agent, and all pledge, security, guaranty and other agreements and documents related thereto.

  • Deactivation Avoidable Cost Credit means the credit paid to Generation Owners pursuant to Tariff, Part V, section 114.