Examples of Renewable Generation Resource in a sentence
Seller shall use only the Renewable Generation Resource specified in this Agreement as the source of energy for the Net Energy sold to Buyer hereunder, and shall maintain the status of the Facility as a Qualifying Facility throughout the Term of this Agreement.
TRP shall make every effort to inform MEAN of a potential Renewable Generation Resource as soon as the TRP becomes aware of the potential resource.
TRP shall provide advance notice to MEAN prior to interconnecting any Renewable Generation Resource owned by an end-use customer.
A Renewable Generation Resource that was installed and operational prior to May 19, 2016, or other Renewable Generation Resource for which the TRP has an executed interconnection agreement prior to October 2, 2016, may, at the discretion of the Board of Directors of MEAN, be grandfathered if the TRP reports to MEAN all necessary data regarding the resource within sixty (60) days of MEAN’s request for such data.
Capacity value refers to the percent contribution of a Renewable Generation Resource to reliably meet demand.
MEAN may at its discretion assume the Renewable Generation Resource produced at its nameplate capacity when calculating the credit on the Total Requirements Power Supply Contract bill for the energy delivered to the distribution system and the increase to the TRP’s kWh billing amount for energy purchased from MEAN as further described on Appendix A to this Policy.
Several observations can be made concerning the results presented in Table 5.
Each Renewable Generation Resource will be treated as if it were a MEAN generation resource through a sale or assignment to MEAN, as further described on Appendix A to this Policy.
If a TRP’s purchase of output from such Renewable Generation Resource is made pursuant to a contract that is either not assignable by its terms or provides for the purchase of electrical output at other than the MEAN Avoided Cost Rate, the TRP shall sell the electrical output it purchases from the facility to MEAN at MEAN’s Avoided Cost Rate.
If a TRP’s purchase of output from such Renewable Generation Resource is made pursuant to a contract that is assignable by its terms and provides for the purchase of electrical output at the MEAN Avoided Cost Rate, the TRP shall assign the contract to MEAN.