Examples of Portfolio Content Category 1 in a sentence
For Compliance Period 3, AMP shall procure not less than 75 percent of the eligible renewable energy resource electricity products associated with contracts executed after June 1, 2010 from Portfolio Content Category 1, and not more than 10 percent from Portfolio Content Category 3.
Seller shall ensure that the Product qualifies as Portfolio Content Category 1 throughout the Delivery Term.
If a change of law occurs after execution of the PPA that impacts Facility’s CEC certification or the Product’s qualification as Portfolio Content Category 1, then Seller shall comply with such change of law as necessary to maintain the Facility CEC certification and Product eligibility described above.
Furthermore, Seller hereby sells and conveys all Green Attributes associated with the Product produced from the Generating Facilities (other than resource adequacy attributes and ancillary services) to Purchaser as part of the Portfolio Content Category 1 Product being delivered.
Beginning in calendar year 2021 and annually thereafter, AMP shall procure not less than 75 percent of the eligible renewable energy resource electricity products associated with contracts executed after June 1, 2010 from Portfolio Content Category 1, and not more than 10 percent from Portfolio Content Category 3.
Specifications for Portfolio Content Category 1 are described in California Public Utilities Code §399.16, California Public Utilities Commission Decision 00-00-000, and other applicable statutes, regulations, and regulatory orders.
For Compliance Period 1, AMP shall procure not less than 50 percent of the eligible renewable energy resource electricity products associated with contracts executed after June 1, 2010 from Portfolio Content Category 1, and not more than 25 percent from Portfolio Content Category 3.
For Compliance Period 2, AMP shall procure not less than 65 percent of the eligible renewable energy resource electricity products associated with contracts executed after June 1, 2010 from Portfolio Content Category 1, and not more than 15 percent from Portfolio Content Category 3.
For electricity products from Portfolio Content Category 1, contracts of any duration may count as excess procurement.Formatted: Numbered + Level: 1 + Numbering Style: i, ii, iii, … + Start at: 1 + Alignment: Right + Aligned at: 1" + Indent at: 1.25"ii.
Arroyo believes that the prices of the contracts are reasonable, although the California market for Portfolio Content Category 1 (“PCC1”) energy is illiquid and not transparent so that obtaining fresh and publicly available comparable pricing information with which to assess price reasonableness is challenging.