Examples of Portfolio Standard in a sentence
When procuring power, Salem will request bids for power with a higher renewable content than is required by the Renewable Portfolio Standard.
Seller, and, if applicable, its successors, represents and warrants that throughout the Delivery Term of this Agreement: (i) the Project qualifies and is certified by the CEC as an Eligible Renewable Energy Resource (“ERR”) as such term is defined in Public Utilities Code Section 399.12 or Section 399.16; and (ii) the Project’s output delivered to Buyer qualifies under the requirements of the California Renewables Portfolio Standard.
Seller represents that the Product and Green Attributes from the Facility have not been, nor will be, sold or used to satisfy any California Renewables Portfolio Standard obligation other than the RPS Requirements applicable to MCE.
Seller and, if applicable, its successors, represents and warrants that throughout the Term of this Agreement the Renewable Energy Credits transferred to Buyer conform to the definition and attributes required for compliance with the California Renewables Portfolio Standard, as set forth in California Public Utilities Commission Decision 00-00-000, and as may be modified by subsequent decision of the California Public Utilities Commission or by subsequent legislation.
Xxxxx’s goal is for the standard product to be 100% green.1 The optional product will be even greener than the standard product, for example by including a higher percentage of “new” 1 Green electricity sources include both renewable resources, such as wind and solar, and clean, non−renewable resources, such as combined heat and power, required by the Massachusetts Alternative Energy Portfolio Standard.