Renewable Attributes definition

Renewable Attributes means any renewable or environmental attributes or credits, including Renewable Energy Certificates (RECs) or otherwise, in respect of the Project, existing now or in the future. Roundtrip Efficiency – has the meaning ascribed to it in Appendix 7. Roundtrip Efficiency Test – means the Duty Cycle test set forth in APPENDIX 3 CONTRACT CAPACITY TEST AND OTHER TESTS.

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Renewable Attributes means those attributes, whether existing as at the Contract Date or coming into existence in the future, associated with the Facility having decreased environmental impacts due to or through the generation of Renewable Electricity, and includes:

Renewable Attributes means the environmental attributes associated with energy generation represented by a renewable energy certificate that can be used to comply with Oregon’s renewable portfolio standards in ORS 469A.050 and ORS 469A.055. Renewable attributes do not include greenhouse gas offsets from methane capture not associated with generation of electricity and do not include environmental attributes represented by a thermal renewable energy certificate created under ORS 469A.132.

Examples of Renewable Attributes in a sentence

• Contract for the Purchase & Sale of Solar Energy and Conveyance of Renewable Attributes and Related Capacity, dated as of February 5, 2010, between Developer and the Authority.

• The Connecting Transmission Owner and Interconnection Customer have executed a Contract for the Purchase & Sale of Renewable Energy, Related Capacity and Renewable Attributes, fully executed on April 16, 2018 (“Purchase and Sale Agreement”).

• In the event that an enactment, adoption, or promulgation of a law, rule or regulation by a Governmental Authority results in the availability of any present or future Renewable Attributes and/or derivative products in respect of the Project or energy storage projects, generally, then in consideration of the Monthly Capacity Payment, Seller shall transfer all of Seller’s rights, title and interests in such Renewable Attributes and/or derivative products to Buyer.

• Subscriber further acknowledges that Provider makes no representation or warranty as to Subscriber’s ability to utilize the Renewable Attributes.

• Lessee shall retain all tax depreciation rights, income tax credits and other tax benefits with respect to the Improvements; provided, however, that any Renewable Attributes (as defined in the BOOT Contract) shall be transferred to Lessor as provided in Section 5.1 (Monthly Capacity Payments; Renewable Attributes) of the BOOT Contract.

More Definitions of Renewable Attributes

Renewable Attributes means CFPCs, FBTCs, LCFS Credits, and RINs and, to the extent approved by the Parties in writing in accordance with Section 2.4, other similar market valued renewable credits available from the Product output from the Project.

Renewable Attributes means renewable attributes associated with a Generator’s facility having decreased environmental impacts through the production of renewable electricity.

Renewable Attributes means any and all renewable resource attributes (including renewable energy certificates or credits or similar rights arising out of any applicable REC Registration Program), green tags, emissions or carbon credits, reductions, offsets, and allowances, and any other environmentally related attributes that are, or in the future may be, recognized by any Governmental Authority, and that are attributable to the availability, production, purchase or sale of Energy from the Facility. For the avoidance of doubt, “Renewable Attributes” do not include any Tax Benefits.

Renewable Attributes has the meaning given in the Solar Project PPA. Schedule of Project Participants shall mean the Schedule of Project Participants contained in Schedule 1 hereto, as the same may be amended or supplemented from time to time in accordance with the provisions hereof. Seller shall have the meaning set forth in the Recitals of this Power Sales Contract.

Renewable Attributes. ’ means tradeable renewable energy credits (with or without other features), tradeable emissions credits, emission offsets or other market instruments created or obtained by use of renewable energy resources or technologies.

Renewable Attributes means any of the following that are attributable to a community solar facility or solar field or the electricity generated by a facility or field provided by the federal or state government or any other legislative authority of a political subdivision in the state:

Renewable Attributes means any renewable or environmental attributes or credits, including Renewable Energy Certificates (RECs) or otherwise, in respect of the Project, existing now or in the future. Roundtrip Efficiency – has the meaning ascribed to it in Appendix 7. S&P – means the S&P Global Ratings (a division of S&P Global Inc.) or its successor.