Renewable Qualifying Multiplier definition

Renewable Qualifying Multiplier has the meaning given to that term in paragraph 2.1 of Part E of Annex 7 (FMS arrangements, Sustainability Criteria and RQM Calculation Methodology);
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Examples of Renewable Qualifying Multiplier in a sentence

  • The Renewable Qualifying Multiplier shall, in respect of each Settlement Unit within an RQM Calculation Month, be the amount so calculated by the CfD Counterparty in accordance with the RQM Calculation Methodology.

  • To derive this value the loss-adjusted net metered output would be multiplied by: • Renewable Qualifying Multiplier or “RQM” (in the case of fuels with variable renewable energy content) and• Qualifying Power Output or ‘QPO’ (in the case of qualifying CHP generating stations).The key underlying principle for metering arrangements is that payments under the CfD will be made on the basis of net ‘green’ electricity that is generated and is available for sale.

  • Generators are required to undertake the FMS Procedures detailed within this questionnaire for each Renewable Qualifying Multiplier (RQM) Calculation Month.

  • This questionnaire forms a part of the current approach and expectations of Low Carbon Contracts Company Ltd (LCCC) in relation to the Fuel Measurement and Sampling (FMS) arrangements, Sustainability Criteria (SC) and Renewable Qualifying Multiplier (RQM) Calculation Methodology process in Annex 7 of the FiT Contract for Difference (CFD) Standard Terms and Conditions (template 1, 29 August 2014 and template 2, 13 March 2017).

  • The “ Compensatory Interest Amount” in respect of each Billing Period shall comprise interest due and payable in relation to any Reconciliation Amount reflected in such 52 Note to Generator: This definition is only applicable to FiT Contracts for Difference entered into in respect of facilities to which the Renewable Qualifying Multiplier is relevant.Billing Statement, such amount being calculated in accordance with Sections N6.4.2 and N6.4.2A of the BSC.

  • Detailed mechanisms for dispatch of Billing Statements are currently expected to be provided in December.51 Note to Generator: This definition is only applicable to FiT Contracts for Difference entered into in respect of facilities to which the Renewable Qualifying Multiplier is relevant.

  • A Generator shall not be deemed to be in breach of this Condition 28.1(F) solely by virtue of any failure to comply with the Fuelling Criteria if such failure has been addressed in the calculation or recalculation of the Renewable Qualifying Multiplier in accordance with Part B of Annex 7 (FMS arrangements and RQM Calculation Methodology) (but only if the Renewable Qualifying Multiplier is expressed to apply to the Contract for Difference in the CfD Agreement).

  • However, the Renewable Qualifying Multiplier will apply to ACT facilities having the effect of reducing CFD payments for feedstock with lower renewable content.Q: How does the Renewable Qualifying Multiplier affect the CFD payment?A: The Renewable Qualifying Multiplier (RQM) is calculated as the percentage of biogenic content all fuels used within a facility in a RQM Calculation Month.

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Related to Renewable Qualifying Multiplier

  • Adjusted Term SOFR Rate means, for any Interest Period, an interest rate per annum equal to (a) the Term SOFR Rate for such Interest Period, plus (b) 0.10%; provided that if the Adjusted Term SOFR Rate as so determined would be less than the Floor, such rate shall be deemed to be equal to the Floor for the purposes of this Agreement.

  • Adjusted Treasury Rate means, with respect to any Redemption Date, the rate per annum equal to the semi-annual equivalent yield to maturity of the Comparable Treasury Issue, assuming a price for the Comparable Treasury Issue (expressed as a percentage of its principal amount) equal to the Comparable Treasury Price for such Redemption Date.

  • Quarterly (1/Quarter) sampling frequency means the sampling shall be done in the months of March, June, August, and December, unless specifically identified otherwise in the Effluent Limitations and Monitoring Requirements table.