Renewable Energy Credits or RECs definition
Examples of Renewable Energy Credits or RECs in a sentence
Subscriber shall be entitled to the benefits of all Renewable Energy Credits or RECs associated with Subscriber’s Pro-Rata Portion of the renewable energy generated at the Solar Projects during the term of this Agreement.
The Authority shall not procure energy from Category 3 eligible renewable resources (unbundled Renewable Energy Credits or RECs) exceeding 50% of the State law requirements, to achieve its renewable portfolio goals.
The Authority shall avoid the procurement of energy from Category 2 or 3 eligible renewable resources (unbundled Renewable Energy Credits or RECs) to the extent feasible.
If KU did not pay a separately stated demand charge in connection with the purchase, it charges OMU the entire purchase price that KU paid the seller for the energy (plus 7%).
Under the terms of this PPSA, PG&E will sell up to 50,000 MWh of energy and associated Green Attributes (Renewable Energy Credits or RECs) primarily from a group of six California-located geothermal and hydroelectric facilities to Tenaska from the period of April 23, 2014 through October 31, 2014.
The Authority shall avoid the procurement of energy from Category 3 eligible renewable resources (unbundled Renewable Energy Credits or RECs) to the extent feasible.
CPI acquires ownership of the excess energy and all renewable attributes associated with it, including Renewable Energy Credits or RECs.
Revenues received by renewable resources from bilateral agreements to sell renewable energy attributes (also referred to as Renewable Energy Credits, or RECs) to LSEs to meet state mandated procurement processes are defined to be nonmarket revenues.
Such easement includes a non-exclusive easement and right in favor of CRNF to operate, maintain, alter, relocate, repair and replace such water supply pipelines within the Fertilizer Water Pipeline Easement Area in a manner that does not materially interfere with the operation or use of the Refinery or any part thereof.
New York has a central procurement approach to renewable energy procurement – different than any other state in that that the State itself is the buyer of Renewable Energy Credits, or RECs. And the renewable energy industry is essentially in a public-private partnership with the state of New York by competing for long-term contracts to provide the RECs to New York; contracts that get wind and solar energy projects built.