Renewable Energy Certificate definition

Renewable Energy Certificate or "REC" means a certificate

Renewable Energy Certificate or “REC” means a certificate, credit, allowance, green tag, or other transferable indicia, howsoever entitled, created by an Applicable Program or Certification Authority indicating generation of a particular quantity of energy, or Product associated with the generation of a specified quantity of energy from a Renewable Energy Source by a Renewable Energy Facility. A REC may include some or all additional Environmental Attributes associated with the generation of electricity, and those Environmental Attributes may, but need not be, Verified or Certified by the same or different Verification Authorities or Certification Authorities, and disaggregated and retained or sold separately, all as the Parties agree in a Product Order. A REC is separate from the energy produced and may be separately transferred or conveyed.

Renewable Energy Certificate or “REC” means a certificate, credit, allowance, green tag, or other transferable indicia, howsoever entitled, created by an applicable program or certification authority indicating generation of a particular quantity of energy, or product associated with the generation of a megawatt-hour (MWh) from a renewable energy source by a renewable energy Project.

Examples of Renewable Energy Certificate in a sentence

• Except as otherwise expressly set forth in this REC Contract (and as otherwise amended, supplemented and modified herein), this REC Contract shall be subject to and governed by all the terms and conditions from the form of the agreement entitled “Master Renewable Energy Certificate Purchase and Sale Agreement” attached hereto as Exhibit J (hereinafter the “Master REC Agreement”) and such terms, as modified hereby, are incorporated herein by reference.

• The following describes a Transaction between Buyer and Seller for the sale, purchase and delivery of Product pursuant to the terms of the Master Renewable Energy Certificate Purchase and Sale Agreement between them dated [ ] (the “Agreement”).

• Use additional sheets as necessary Exhibit A / Part B – Renewable Energy Certificate Disclosure Document for Delivery number (corresponding to Delivery numbers specified in Part A) If the transaction entails multiple REC Deliveries, fill out a separate Part B for each Delivery.

More Definitions of Renewable Energy Certificate

Renewable Energy Certificate or "REC" means a certificate representing the environmental benefits or attributes of one megawatt-hour of generation from a generating facility that produces Class I or Class II renewable energy, but shall not include a solar renewable energy certificate or an offshore wind renewable energy certificate.

Renewable Energy Certificate means either (i) a certificate issued by an affiliate of the regional

Renewable Energy Certificate or “REC” means the Renewable Energy (Solar) Certificate issued by the Central Agency in accordance with the procedure prescribed by it and under the provision specified in the Central Electricity Regulatory Commission (Terms & Conditions for recognition and issuance of Renewable Energy Certificate for Renewable Energy Generation)Regulation, 2010.

Renewable Energy Certificate means a New England Generation Information

Renewable Energy Certificate means a certificate issued under Section 54-17-603.

Renewable Energy Certificate or “REC” means a certificate that represents the attributes related to one megawatt-hour of electricity generation.

Renewable Energy Certificate. (REC or Certificate) means a unique representation of the environmental, economic, and social benefits associated with the generation of electricity from renewable energy sources that produce Qualifying Electricity. One Certificate is created in association with the generation of one MegaWatt-hour (MWh) of Qualifying Electricity. While a Certificate is always directly associated with the generation of one MWh of electricity, transactions for Certificates may be conducted independently of transactions for the associated electricity.