Renewable Energy Resources Fund definition

Renewable Energy Resources Fund means, with respect to this Agreement, a State of Illinois special fund as established by Section 1-56 of the Illinois Power Agency Act.” The following is added as Section 1.58.1:
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Examples of Renewable Energy Resources Fund in a sentence

  • First, Illinois Solar for All is funded through the Renewable Energy Resources Fund.

  • On August 10, 2017, $150 million was transferred from the Renewable Energy Resources Fund to the General Revenue Fund.

  • Buyer shall on an annual basis seek an appropriation by the State of Illinois for the Renewable Energy Resources Fund sufficient to allow payment under this Agreement.

  • For which the utility is the counterparty; for the Illinois Solar for All Program, the State of Illinois is (or will be) the counterparty to many REC delivery contracts with those payments funded using the Renewable Energy Resources Fund.

  • All renewable energy credits procured using monies from the Illinois Power Agency Renewable Energy Resources Fund shall be permanently retired.

  • All disbursements from the Illinois Power Agency Renewable Energy Resources Fund shall be made only upon warrants of the Comptroller drawn upon the Treasurer as custodian of the Fund upon vouchers signed by the Director or by the person or persons designated by the Director for that purpose.

  • Payment under this Agreement is subject to Buyer’s receipt of a sufficient financial appropriation from the State of Illinois for the Renewable Energy Resources Fund.

  • As introduced underP.A. 99-0906, funding for the Illinois Solar for All Program came from a combination of funds collected under Section 16-108(k) collections (i.e., those used to support RPS activities more generally) and funds in the IPA-administered Renewable Energy Resources Fund.

  • The price paid to procure renewable energy credits using monies from the Illinois Power Agency Renewable Energy Resources Fund shall not exceed the winning bid prices paid for like resources procured for electric utilities required to comply with Section 1-75 of this Act.

  • Illinois Power Agency Renewable Energy Resources Fund – 836 This fund was created as a special fund in the State Treasury.

Related to Renewable Energy Resources Fund

  • Renewable energy resource means a resource that naturally replenishes over a human, not a geological, time frame and that is ultimately derived from solar power, water power, or wind power. Renewable energy resource does not include petroleum, nuclear, natural gas, or coal. A renewable energy resource comes from the sun or from thermal inertia of the earth and minimizes the output of toxic material in the conversion of the energy and includes, but is not limited to, all of the following:

  • Renewable energy means energy derived from sunlight, wind, falling water, biomass, sustainable or

  • renewable energy sources means renewable sources such as small hydro, wind, solar including its integration with combined cycle, biomass, bio fuel cogeneration, urban or municipal waste and other such sources as approved by the MNRE;

  • Renewable Energy Source means an energy source that is not fossil carbon-based, non- renewable or radioactive, and may include solar, wind, biomass, geothermal, landfill gas, or wave, tidal and thermal ocean technologies, and includes a Certified Renewable Energy Source.

  • Renewable energy facility means an electric generation unit or other facility or installation that produces electric energy using a Renewable Energy Source.

  • Renewable Energy Credit has the meaning set forth in California Public Utilities Code Section 399.12(h) and CPUC Decision 00-00-000, as may be amended from time to time or as further defined or supplemented by Law.

  • Renewable resource means: (a) Water; (b) wind; (c) solar

  • Energy means electricity, natural gas, steam, hot or chilled water, fuel oil, or other product for use in a building, or renewable on-site electricity generation, for purposes of providing heating, cooling, lighting, water heating, or for powering or fueling other end-uses in the building and related facilities, as reflected in Utility bills or other documentation of actual Energy use.