Renewable Identification Number definition

Renewable Identification Number means a thirty-eight (38) character numeric code that is generated by the producer or importer of renewable fuel representing gallons of renewable fuel produced/imported and assigned to batches of renewable fuel that are transferred to others such that a change of ownership is effected, or any similar successor instrument thereof.
Renewable Identification Number or “RIN” (or equivalent) assigned to a batch of bio-fuel made from the biogas for the purpose of tracking its production, use, and trading as defined by the “Renewable Fuel Standard” or “RFS” (or equivalent) of the UNITED STATES ENVIRONMENTAL PROTECTION AGENCY, a federal public agency, implemented according to the Energy Policy Act of 2005 or under any other similar Law or voluntary program; and, (ii) any “Low Carbon Fuels Standard” or “LCFS” emission credits (or equivalent) as defined by Low Carbon Fuel Standard Program pf the CALIFORNIA AIR RESOURCE BOARD, a California public entity, pursuant to the California Assembly Bill AB 32 and the Governor’s Executive Order S-01-07 or any variant of that standard or under any other similar Law or voluntary program; and,
Renewable Identification Number or “RIN” means a number generated to represent a volume of renewable fuel as set forth in Regulation of Fuels and Fuel Additives: Changes to Renewable Fuel Standard Program, 75 Fed. Reg. 16484 (March 26, 2010) (codified at 40 C.F.R. §80.145 (2011); 40 C.F.R. §60.1426 (2012)).

Examples of Renewable Identification Number in a sentence

  • For Subscriber’s located in the United States, CPI will participate in an application to the U.S. Environmental Protection Agency (“EPA”) to permit vehicle charging data (“Charging Data”) collected by CPI from centrally networked charging stations to be utilized in a process to generate an environmental credit called a Renewable Identification Number (“RIN)” under the Renewable Fuel Standard program.

  • Unless set forth in the Special Provisions, no sale or transfer of Product under this Agreement shall result in the transfer of Renewable Identification Number credits, as that term is defined by the U.S. Environmental Protection Agency (EPA) statutes, rules and regulations applicable to the EPA Renewable Fuel Standard program.

  • As to each Renewable Identification Number that is identified by Borrowers as Eligible Renewable Identification Numbers in a Borrowing Base Report submitted to Agent, such Renewable Identification Number is not excluded as ineligible by virtue of one or more of the excluding criteria (other than any Agent-discretionary criteria) set forth in the definition of Eligible Renewable Identification Numbers.

  • The Parties can analyze how the Renewable Natural Gas facilities to be installed can provide economic or environmental attributes (e.g., Renewable Identification Number credits) for the City, Black Hills, or other Renewable Natural Gas industry participants.

  • When Buyer's purchase is for its own account based on the conditions above, such sales shall be agreed upon based on current spot market prices and applicable Carbon Intensity Price (“CIP”) and Renewable Identification Number price (“RIN”).

  • Eco is obligated to provide GFE with undenatured export offers on a continuous basis during the Term in an effort to assist GFE in managing its Renewable Identification Number (RIN) regulatory requirements.

  • Eco is obligated to provide HLBE with undenatured export offers on a continuous basis during the Term in an effort to assist HLBE in managing its Renewable Identification Number (RIN) regulatory requirements.

  • To the extent the Renewable Natural Gas may be eligible to generate, or required to generate Environmental Credits (e.g., Environmental Protection Agency Renewable Identification Number credits, California Low Carbon Fuel Standards credits, or other state environmental), Customer shall own all rights and interests in and have the exclusive right to register or generate such Environmental Credits.


More Definitions of Renewable Identification Number

Renewable Identification Number means one of the mechanisms established to allow obligated parties to demonstrate compliance with renewable fuel volume obligations established under the Energy Policy Act of 2005 (Public Law 109-58) and the Energy Independence and Security Act of 2007 (Public Law 110-140). A renewable identification number is assigned to a unit of renewable fuel for purposes of tracking its production and use. Once the unit of fuel is consumed, the renewable identification number can be used to satisfy renewable fuel obligations and can be sold or traded to obligated parties to satisfy their renewable fuel obligations in current or future years.
Renewable Identification Number means any Renewable Identification Number as defined in 40 C.F.R. § 80.1401 and regulated as part of Renewable Fuel Standards.
Renewable Identification Number has the meaning assigned to that term in the Supply and Offtake Agreement (as in effect on the date hereof).