Examples of Renewable Resource Deficiency Period in a sentence
Prices paid to the Seller under the Renewable Fixed Price Option for Wind QFs (Tables 5a and 5b) include a reduction for the wind integration costs in Table 7, which cancels out wind integration costs included in the Renewable Avoided Costs during the Renewable Resource Deficiency Period.
The Renewable Avoided Costs during the Renewable Resource Deficiency Period reflect an increase for avoided wind integration costs, shown in Table 7.
A Renewable QF choosing the Renewable Fixed Price Option must cede all RPS Attributes generated by the facility to the Company from the start of the Renewable Resource Deficiency Period through the remainder of the PPA term.
Seller shall transfer the Green Tags to PacifiCorp in accordance with Section 4.6 during the Renewable Resource Deficiency Period.
A Renewable QF choosing the Renewable Fixed Price Option must cede all RPS Attributes generated by the facility to the Company during the Renewable Resource Deficiency Period.
If a Wind Qualifying Facility is not in PacifiCorp's BAA, the renewable avoided cost price will be increased by avoided integration charge of$3.06/MWh ($2014).(4)During the Renewable Resource Deficiency Period, the renewable avoided cost price for Base Load, Fixed Solar and Tracking Solar is increased by an integration charge of $3.06/MWh ($2014).
Specifically, section 4.6 of the renewable base-load standard contract provides:During the Renewable Resource Deficiency Period, Seller shall provide and PGE shall acquire the RPS Attributes for the Contract Years as specified in the Schedule and Seller shall retain ownership of all other Environmental Attributes (if any).
However, Section 4.5’s reference to the Schedule is necessary solely because the Definitions in the contract form itself do not define the Renewable Resource Sufficiency Period and Renewable Resource Deficiency Period.
The incentive agreement would be clear that any payment from RDF would be made only in consideration of RECs that are not already contracted for delivery to PGE under the PPA (i.e. those RECs generated during the Renewable Resource Deficiency Period).
The Renewable Resource Deficiency Period is noted in Schedule 201, which is attached as Exhibit D to the PPA .