Renewable Portfolio Standards definition

Renewable Portfolio Standards or "RPS": The Hawai‘i law that mandates that Company and its subsidiaries generate or purchase certain amounts of their net electricity sales over time from qualified renewable resources. The RPS requirements in Hawai‘i are currently codified as Hawai‘i Revised Statutes (HRS) 269‑91 through 269-95.
Renewable Portfolio Standards or “RPS” means the Hawai‘i law that mandates that the Company and its subsidiaries generate or purchase certain amounts of their net electricity sales over time from qualified renewable resources. The RPS requirements in Hawai‘i are currently codified in HRS §§ 269-91 through 269-95.
Renewable Portfolio Standards or “RPS” means such standards, policies, goals or regulations, established by the respective government or entity established by the government for such purpose, targeting or mandating the development of, increase in, or purchase of renewable forms of electricity generation in such province;

Examples of Renewable Portfolio Standards in a sentence

  • This Section 3.4 (Renewable Portfolio Standards) is intended to specifically address the implementation of reasonable measures to cause the electric energy delivered from the Facility to come within the revised definition of "renewable electrical energy" under any RPS Amendment and is not intended for either Party to provide a means for renegotiating any other terms of this Agreement.

  • Revisions to this Agreement in accordance with the provisions of this Section 3.4 (Renewable Portfolio Standards) are not intended to increase Seller's risk of non-performance or default.

  • The report will show the source of the power and demonstrate that the power was provided in accordance with Renewable Portfolio Standards and the federal Clean Air Act regulations and permits.

  • When setting rates, IDT Energy will consider numerous factors including, but not limited to, current conditions on the PJM wholesale electricity market, the cost of obtaining electricity from all sources, capacity costs, settlement costs, costs of ancillary services, hedging costs, balancing costs, line loss costs, costs to comply with any applicable Renewable Portfolio Standards, IDT Energy’s expenses and margins, and all applicable taxes, fees, or assessments.

  • When setting rates, Residents Energy will consider numerous factors including, but not limited to, current conditions on the PJM wholesale electricity market, the cost of obtaining electricity from all sources, capacity costs, settlement costs, costs of ancillary services, hedging costs, balancing costs, line loss costs, costs to comply with any applicable Renewable Portfolio Standards, Residents Energy’s expenses and margins, and all applicable taxes, fees, or assessments.

  • The Price includes energy, congestion, capacity, ancillary services, losses, Auction Revenue Rights (“ARR”), and Renewable Portfolio Standards (RPS) compliance costs.

  • Renewable Energy in System Supply: The Competitive Supplier shall include Renewable Energy and Renewable Energy Certificates in the Firm Full-Requirements Power Supply mix in an amount equal to New York State’s Renewable Portfolio Standards in a manner designated by New York State.

  • RECs are purchased from suppliers of renewable sources of generation and are used to meet state mandated Renewable Portfolio Standards requirements.

  • As of the Effective Date and continuing throughout the Term, Seller represents and warrants that Seller holds the rights to all Environmental Attributes from the Plant, the Plant qualifies and is certified by the CEC as an ERR and the Plant’s Output qualifies under the California Renewable Portfolio Standards requirements.

  • Moeller, Of Credits and Quotas: Federal Tax Incentives for Renewable Resources, State Renewable Portfolio Standards, and the Evolution of Proposals for a Federal Renewable Portfolio Standard, 15 FORDHAM ENVTL.


More Definitions of Renewable Portfolio Standards

Renewable Portfolio Standards. (“RPS Costs”)” means the costs or charges associated with satisfying the obligations renewable portfolio standards (including MA Solar Carve-Out Program) at the levels required by current applicable law, and inclusive of the draft regulations filed by the Massachusetts DOER on April 5, 2019. MA Solar Carve-Out Program means solar renewable energy certificates or making alternative compliance payments to comply with currently applicable law for various solar carve-out programs set by the Massachusetts Department of Energy Resources. MA Solar Carve-Out Program costs are included in Renewable Portfolio Standards costs.
Renewable Portfolio Standards means the regulations promulgated as NH Code Admin. Rules PUC Chapter 2500 pursuant to NH RSA 362-F, as amended, modified, restated and superseded from time to time, that require a minimum percentage of electricity sold to end-use customers in the State of New Hampshire to be derived from certain renewable energy generating resources, as commenced on January 1, 2008.
Renewable Portfolio Standards or “RPS” means the Hawai‘i law that mandates that the Company and its subsidiaries generate or purchase certain amounts of their net electricity sales over time from qualified renewable resources. The RPS requirements in Hawai‘i are currently codified in HRS §§ 269-91 through 269-95.“RFP Schedule” means the schedule set forth in Table 3-1, Section 3.1 of this RFP.
Renewable Portfolio Standards means the standards for renewable energy that must be met pursuant to the provisions of the Act. Pursuant to these standards, each electric power supplier or BGS provider serving retail customers in the State of New Jersey shall include in its power portfolio electricity generated from renewable energy sources.
Renewable Portfolio Standards in the United States: A Status Update.” Washington: Xxxxxxxx Berkeley National Laboratory. Xxxxxxx, Xxxxx. 2021. “U.S. Renewables Portfolio Standards 2021 Status Update: Early Release.” Washington: Xxxxxxxx Berkeley National Laboratory. Xxxxxxxxx, Xxxxxx X. 2020. Private Power in the U.S. States: Business Interests and the Design of State-Level Climate and Renewable Energy Policies. PhD Diss., Northwestern University. Xxxxxxxxx, Xxxxxx X. Forthcoming. “California Cap-and-Trade: History, Design and Effectiveness.” In Contesting Carbon, edited by Xxxxxxx X. Xxxx. Philadelphia: Routledge. Xxxxxxxx, Xxxxxxx X. and Xxxxx X. Xxxxx. 2021. “Farmers vs. Lakers: Agriculture, Amenity, and Community in Predicting Opposition to United States Wind Energy Development.” Energy Research and Social Science 72:101873. Xxxxxxx, Xxxx. 2021. “A Modern Electric Grid is Crucial to Reach our Clean Energy Climate Goals.” The Hill, June 10, 2021.https:// xxxxxxx.xxx/xxxxxxx/xxxxxx-xxxxxxxxxxx/000000-x-xxxxxx- electric-grid-is-crucial-to-reach-our-clean-energy Xxxxxxxxxx, Xxxxxxx and Xxxx Xxxxxxx. 2021. “Challenges of a Clean Energy Transition and Implications for Energy Infrastructure Policy.” Aspen Economic Strategy Group. July 14. Xxxxxxx-Xxxxxxxx, Xxxxxxx, X. X. Xxxxxx, Xxxx Xxx, and Xxxxxxx Xxxxx. 2016. “The Spreading of Innovation: State Adoptions of Energy and Climate Change Policy.” Review of Policy Research 33(5):544–565. Xxxxxx, Xxxx. 2008. “Failure and Opportunity: Environmental Groups in U.S. Climate Change Policy.” Environmental Politics 17(2):319–336. Xxxxx, Xxxx. 2021. “Maine Question 1’s Support and Opposition Campaigns Raised $99.6 Million, Totaling $241.75 Per Vote.” Ballotpedia News, December 17, 2021. xxxxx://xxxx.xxxxxxxxxxx. org/2021/12/17/maine-question-1s-support-and-opposition- campaigns-raised-99-6-million-totaling-241-75-per-vote/ California State Archives. 2002. Assembly Appropriations Committee Files. SB 1078. Canada Energy Regulator. 2020. “Export Sales Summary Report by Destination and Source.” Retrieved June 1, 2021 from xxxxx://xxxx.xxxxxx.xx.xx/CommodityStatistics/Statistics. aspx?language=english

Related to Renewable Portfolio Standards

  • Renewable Portfolio Standard or “RPS” means a state or federal law, rule or regulation that requires a stated amount or minimum proportion or quantity of electricity that is sold or used by specified persons to be generated from Renewable Energy Sources.

  • California Renewables Portfolio Standard means the renewable energy program and policies codified in California Public Utilities Code Sections 399.11 through 399.31 and California Public Resources Code Sections 25740 through 25751, as such provisions may be amended or supplemented from time to time.

  • Energy efficiency portfolio standard means a requirement to

  • Portfolio Supervisor means First Trust Advisors L.P. and its successors in interest, or any successor portfolio supervisor appointed as hereinafter provided." Section 1.01 (26) shall be added to read as follows:

  • Portfolio Securities or "investments" of the Series shall mean, respectively, such assets, net assets, securities, portfolio securities or investments which are from time to time under the management of the Subadviser pursuant to this Agreement.

  • Commercial motor vehicle means a motor vehicle or combination of motor vehicles used in commerce to transport passengers or property if the motor vehicle:

  • Pretreatment standards means all applicable Federal rules and regulations implementing Section 307 of the Act, as well as any nonconflicting State or local standards. In cases of conflicting standards or regulations, the more stringent thereof shall be applied.

  • Reliability Standards means the criteria, standards, rules and requirements relating to reliability established by a Standards Authority.

  • National Ambient Air Quality Standards or “NAAQS” means national ambient air quality standards that are promulgated pursuant to Section 109 of the Act, 42 U.S.C. § 7409.

  • Commercial sex act means any sex act on account of which anything of value is given to or received by any person.

  • Safety Standards means all laws, union rules and trade or industry custom or codes of any kind whatsoever, in effect from the date of this Agreement through Final Acceptance of the construction work, pertaining to worker safety and accident prevention applicable to the Project and/or the construction work (including, but not limited to, rules, regulations and standards adopted pursuant to the Occupational Safety and Health Act of 1970, as amended from time to time).

  • New Jersey Stormwater Best Management Practices (BMP) Manual or “BMP Manual” means the manual maintained by the Department providing, in part, design specifications, removal rates, calculation methods, and soil testing procedures approved by the Department as being capable of contributing to the achievement of the stormwater management standards specified in this chapter. The BMP Manual is periodically amended by the Department as necessary to provide design specifications on additional best management practices and new information on already included practices reflecting the best available current information regarding the particular practice and the Department’s determination as to the ability of that best management practice to contribute to compliance with the standards contained in this chapter. Alternative stormwater management measures, removal rates, or calculation methods may be utilized, subject to any limitations specified in this chapter, provided the design engineer demonstrates to the municipality, in accordance with Section IV.F. of this ordinance and N.J.A.C. 7:8-5.2(g), that the proposed measure and its design will contribute to achievement of the design and performance standards established by this chapter.

  • Ombud ’ means each of the following:

  • Public Finance Management Act ’ means the Public Finance Management Act, 1999 (Act No. 1 of 1999);

  • Security Standards means the final rule implementing HIPAA’s Security Standards for the Protection of Electronic PHI, as amended.

  • Technical Standards means the technical standards set out in paragraph 2.4 of the Order Form;

  • Uniform Standards of Professional Appraisal Practice means the current standards of the appraisal profession, developed for appraisers and users of appraisal services by the Appraisal Standards Board of the Appraisal Foundation.

  • NERC Reliability Standards means the most recent version of those reliability standards applicable to the Generating Facility, or to the Generator Owner or the Generator Operator with respect to the Generating Facility, that are adopted by the NERC and approved by the applicable regulatory authorities, which are available at xxxx://xxx.xxxx.xxx/files/Reliability_Standards_Complete_Set.pdf, or any successor thereto.

  • Common Reporting Standard (CRS) means the Standard for Automatic Exchange of Financial Account Information (“AEOFAI”) in Tax Matters and was developed in response to the G20 request and approved by the Organisation for Economic Co-operation and Development (OECD) Council on 15 July 2014, calls on jurisdictions to obtain information from their financial institutions and automatically exchange that information with other jurisdictions on an annual basis. It sets out the financial account information to be exchanged, the financial institutions required to report, the different types of accounts and taxpayers covered, as well as common due diligence procedures to be followed by financial institutions.

  • Availability Standards has the meaning set forth in the CAISO Tariff.

  • Water quality standards means provisions of state or federal law which consist of a designated use or uses for the waters of the Commonwealth and water quality criteria for such waters based upon such uses. Water quality standards are to protect the public health or welfare, enhance the quality of water and serve the purposes of the State Water Control Law (§ 62.1-44.2 et seq. of the Code of Virginia) and the federal Clean Water Act (33 USC § 1251 et seq.).

  • Air Standards Manager means the Manager, Human Toxicology and Air Standards Section, Standards Development Branch, or any other person who represents and carries out the duties of the Manager, Human Toxicology and Air Standards Section, Standards Development Branch, as those duties relate to the conditions of this Certificate.

  • Commercial vehicle means a motor vehicle, trailer, or semitrailer used or

  • Portfolio Data means the Key Terms in relation to all outstanding Trades between you and us in a form and standard that is capable of being reconciled. The information comprising the Portfolio Data for Portfolio Data Delivery Date will be prepared as at the close of business New York time on the immediately preceding Business Day.

  • Servicing Standards As defined in Section 3.01(a).

  • Municipal Finance Management Act means the Local Government: Municipal Finance Management Act, 2003 (Act No. 56 of 2003);