Qualified Clean Energy definition

Qualified Clean Energy means energy produced by a hydroelectric generating resource. For the avoidance of doubt, Qualified Clean Energy as used in this Agreement refers only to that Qualified Clean Energy from the Hydro-Québec Power Resources and delivered over the New Transmission Facilities during the Services Term. This Energy must be tracked in the GIS to ensure a unit-specific accounting of the Delivery of Qualified Clean Energy to enable the Massachusetts Department of Environmental Protection to accurately account for such Qualified Clean Energy in the state greenhouse gas emissions inventory, created under chapter 298 of the Acts of 2008.
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Qualified Clean Energy means (i) energy produced by a generating resource qualified to produce Class I4 or New5 (collectively, “Tier 1”) Renewable Energy Credits (“RECs”) under the Renewable Portfolio Standard (“RPS”) statutes of at least one of the Procuring States (“Tier 1 Qualified Energy”6), or (ii) energy produced by a generating resource that meets the
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Qualified Clean Energy means (i) energy produced by a generating resource qualified to produce Class I2 or New (collectively, “Tier 1) Renewable Energy Credits (“RECs”)3 under the Renewable Portfolio Standard (“RPS”) statutes of at least one of the Procuring States (“Tier 1 Qualified Energy”), or (ii) energy produced by a generating resource that meets the requirements of (i) except that it is located in a non-contiguous control area, or (iii) energy produced by a hydro resource (for CT a resource that meets the requirements Conn. Gen. Stat.
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Examples of Qualified Clean Energy in a sentence

  • Buyer and Seller hereby agree that in such event Seller shall be under no obligation to schedule or transfer Deliveries of Qualified Clean Energy to the Delivery Point during such period.

  • Without limiting the generality of the foregoing, Seller shall submit an Internal Bilateral transaction for the Scheduled Qualified Clean Energy, or Qualified Shortfall Energy, as the case may be, by the applicable scheduling deadline and Buyer shall confirm the Internal Bilateral transaction submitted by Seller by the applicable scheduling deadline.

  • On or before the fifteenth (15th) day following the end of each month, Seller shall render to Buyer an invoice for the payment obligations incurred hereunder during the preceding month, based on the Qualified Clean Energy and Qualified Shortfall Energy, as applicable, Delivered in the preceding month, and associated Environmental Attributes deposited in Buyer’s GIS account or a GIS account designated by Buyer to Seller in writing in the preceding month.

  • The amount of Certificates transferred from Seller to Buyer under this Agreement for any hour (or shorter period to the extent that ISO-NE schedules Energy deliveries over a shorter period) will be the equivalent of the lesser of the aggregate amount of Metered Output or the Qualified Clean Energy or Qualified Shortfall Energy, as applicable, Delivered during that hour (or such shorter period).

  • Any such Internal Bilateral transactions will specify the hourly delivery of Scheduled Qualified Clean Energy or Qualified Shortfall Energy and will be entered into daily, with any necessary adjustments being made pursuant to ISO-NE settlement protocols, and Seller will not receive any payment associated with a Marginal Loss Revenue Fund allocation in connection with any such Internal Bilateral transactions.

  • Seller shall transfer the Qualified Clean Energy or Qualified Shortfall Energy, as applicable, to Buyer through Internal Bilateral transactions executed through ISO-NE and settled at the Delivery Point or, in the case of Qualified Shortfall Energy and as reasonably agreed from time to time by Buyer and Seller, the NEMASSBOST Hub, in each case, in accordance with all ISO-NE Practices and ISO-NE Rules.

  • Title to and risk of loss related to (a) Qualified Clean Energy shall transfer from Seller to Buyer at the Delivery Point and (b) Qualified Shortfall Energy shall transfer from Seller to Buyer at the Delivery Point or the NEMASSBOST Hub, as applicable.

  • If requested, a Party shall provide to the other Party additional information documenting the quantities of Qualified Clean Energy or Qualified Shortfall Energy, as applicable, and associated Environmental Attributes Delivered or provided hereunder.

  • Except as set forth in Article 20, Seller shall be responsible for delivering its Qualified Clean Energy to the Delivery Point, and all Deliveries of Qualified Shortfall Energy as provided herein, in each case, consistent with all standards and requirements set forth by the FERC, ISO-NE, other Independent System Operators, as applicable, and any other applicable Governmental Entity or applicable tariff.

  • Buyer and Seller desire to enter into this Agreement whereby Buyer shall purchase and Seller shall sell Qualified Clean Energy and associated Environmental Attributes (each as defined herein) in accordance with the terms of this Agreement.


More Definitions of Qualified Clean Energy

Qualified Clean Energy means i.) energy produced by a generating resource qualified to produce Class I2 or New (collectively, “Tier 1) Renewable Energy Credits (“RECs”)3 under the Renewable Portfolio Standard (“RPS”) statutes of at least one of the Procuring States (“Tier 1
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Qualified Clean Energy means energy produced by an offshore wind, fuel cell, or anaerobic digestion generating resource qualified to produce Class I Renewable Energy Credits (“RECs”).
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Qualified Clean Energy means Energy produced by (i) a RPS Class I Renewable Generation Unit, or (ii) a hydroelectric generating resource that consists of Incremental Hydroelectric Generation. For the avoidance of doubt, Qualified Clean Energy as used in this Agreement refers only to that Qualified Clean Energy from the Facility(ies) listed in Exhibit A. This Energy must be tracked in the GIS to ensure a unit specific accounting of the Delivery of Qualified Clean Energy to enable the Massachusetts Department of Environmental Protection to accurately account for the Energy in the state greenhouse gas emissions inventory, created under chapter 298 of the Acts of 2008.
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Qualified Clean Energy means (i) energy produced by a generating resource qualified to produce Class I or Class III Renewable Energy Credits (“RECs”), (ii) energy discharged from Energy Storage, or (iii) energy savings from Passive Demand Response measures in which the actual energy savings can be measured and verified.
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Qualified Clean Energy means energy produced by a hydroelectric generating resource. For the avoidance of doubt, Qualified Clean Energy from the Hydro-Quebec Power Resources and delivered over the New Transmission Facilities during the Services Term. This energy must be tracked in the GIS to ensure a unit-specific accounting of the Delivery of Qualified Clean Energy to enable the Massachusetts Department of Environmental Protection to accurately account for such Qualified Clean Energy in the state greenhouse gas emission inventory, created under chapter 298 of the Acts of 2008.
Sample 1
Qualified Clean Energy means i.) energy produced by a generating resource qualified to produce Class I2 or New (collectively, “Tier 1) Renewable Energy Credits (“RECs”)3 under the Renewable Portfolio Standard (“RPS”) statutes of at least one of the Procuring States (“Tier 1 Qualified Energy”), or ii.) energy by a generating resource that meets the requirements of (i) except that it is located in a non‐contiguous control area, or iii.) energy produced by a hydro resource, including those that meet the requirements of either Section 4 of Connecticut Public Act 13‐303 or Chapter 39‐31 of the General Laws of Rhode Island(“Hydropower Resource”)4, or iv.) energy produced by a hydro resource that firms up intermittent renewable resources pursuant to 2.2.12.1.f.
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Related to Qualified Clean Energy

  • Qualified CFC Holding Company means a Wholly Owned Subsidiary of the Issuer that is a limited liability company, the primary asset of which consists of Equity Interests in either (i) a Foreign Subsidiary or (ii) a limited liability company the primary asset of which consists of Equity Interests in a Foreign Subsidiary.

  • Qualified city means a city that has incorporated an authority under the municipal lighting authority act, 2012 PA 392, MCL 123.1261 to 123.1295.

  • Qualified Census Tract means any Census tract which is designated by the Secretary of Housing and Urban Development as having 50 percent or more of the households at an income level which is less than 60 percent of the Area Gross Median Income in accordance with Section 42(d)(5) of the Code.

  • Qualified company means a For- eign Issuer whose securities are quali- fied for investment on a tax-deferred basis by a Canadian Retirement Ac- count under Canadian law.

  • QUALIFIED MUNICIPAL CORPORATION means a municipal corporation that, by resolution or ordinance adopted on or before December 31, 2011, adopted Ohio adjusted gross income, as defined by section 5747.01 of the Ohio Revised Code, as the income subject to tax for the purposes of imposing a municipal income tax.

  • Clean energy means energy generation that is 90% or

  • Solar energy means the sun used as the sole source of energy for producing electricity.

  • Public corporation means a county, city, village, township, port district, drainage district, special assessment district, or metropolitan district of this state, or a board, commission, or another authority or agency created by or under an act of the legislature of this state.

  • Qualified GIC A guaranteed investment contract or surety bond providing for the investment of funds in the Custodial Account and insuring a minimum, fixed or floating rate of return on investments of such funds, which contract or surety bond shall:

  • Sales finance company means that term as defined in section 2 of the motor vehicle sales finance act, MCL 492.102.

  • Eligible Corporation means any domestic C corporation (as defined in section 1361(a)(2) of the Code) other than a corporation which is exempt from, or is not subject to, tax under section 11 of the Code, an entity described in section 851(a) or 856(a) of the Code, a REMIC; or an organization to which part I, subchapter T, chapter 1, subtitle A of the Code applies. The Term "Related Person" means any person that bears a relationship to the Transferee enumerated in section 267(b) or 707(b)(1) of the Code, using "20 percent" instead of "50 percent" where it appears under the provisions; or is under common control (within the meaning of section 52(a) and (b) of the Code) with the Transferee.

  • CFC Holding Company means a Subsidiary, substantially all of the assets of which consist of Equity Interests or Indebtedness of (a) one or more CFCs or (b) one or more CFC Holding Companies.

  • Electric distribution company (EDC) means any electric utility subject to the jurisdiction of the Commission.

  • Neighborhood electric vehicle means a self-propelled

  • Qualified United States financial institution means an institution that:

  • Qualified low-income community investment or “QLICI” shall have the same meaning as set forth in IRC § 45D(d) and 26 C.F.R. 1.45D-1(d).

  • Plug-in hybrid electric vehicle means a motor vehicle that:

  • Plug-in Hybrid Electric Vehicle (PHEV) means a vehicle that is similar to a Hybrid but is equipped with a larger, more advanced battery that allows the vehicle to be plugged in and recharged in addition to refueling with gasoline. This larger battery allows the car to be driven on a combination of electric and gasoline fuels.

  • qualified U.S. Bank means a qualified U.S. bank as defined in Rule 17f-5 under the Investment Company Act of 1940;

  • financial holding company means a financial holding company as defined in point (20) of Article 4(1) of Regulation (EU) No 575/2013;

  • Renewable Energy Certificate or "REC" means a certificate

  • Asset Management Company/UTI AMC/AMC/Investment Manager means the UTI Asset Management Company Limited incorporated under the Companies Act, 1956, (1 of 1956) [replaced by The Companies Act, 2013 (No.18 of 2013)] and approved as such by Securities and Exchange Board of India (SEBI) under sub-regulation (2) of Regulation 21 to act as the Investment Manager to the schemes of UTI Mutual Fund.

  • clear height ’, in relation to a sign, means the vertical distance between the lowest edge of the sign and the natural level of the surrounding ground, footway or roadway immediately below the sign;

  • Subchapter S Corporation (as defined in the Internal Revenue Code of 1986, as amended), Borrower may pay cash dividends on its stock to its shareholders from time to time in amounts necessary to enable the shareholders to pay income taxes and make estimated income tax payments to satisfy their liabilities under federal and state law which arise solely from their status as Shareholders of a Subchapter S Corporation because of their ownership of shares of stock of Borrower, or (d) purchase or retire any of Borrower's outstanding shares or alter or amend Borrower's capital structure.

  • Solar renewable energy certificate or "SREC" means a

  • Class I renewable energy means electric energy produced from