Examples of Renewable Resource Sufficiency Period in a sentence
During the Renewable Resource Sufficiency Period, Seller shall retain all Environmental Attributes in accordance with the Schedule.
QFs using any resource type other than wind and solar are assumed to be Base Load QFs. Sellers will retain all Environmental Attributes generated by the facility during the Renewable Resource Sufficiency Period.
PacifiCorp waives any claim to Seller’s ownership of Environmental Attributes during the Renewable Resource Sufficiency Period.
If the 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).(3)During Renewable Resource Sufficiency Period, the renewable avoided cost price for a Wind Qualifying Facility is reduced by an integration charge of $3.06/MWh ($2014) for Wind Qualifying Facilities located in PacifiCorp's BAA (in-system).
During the Renewable Resource Sufficiency Period, and any period within the Term of this Agreement after completion of the first fifteen (15) years after the Commercial Operation Date, Seller shall retain all Environmental Attributes in accordance with the Schedule.
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.
In relevant part, Section 4.5 states: “During the Renewable Resource Sufficiency Period, and any period within the Term of this Agreement after completion of the first fifteen (15) years after the Commercial Operation Date, Seller shall retain all Environmental Attributes in accordance with the Schedule.
This argument mischaracterizes the NewSun Parties’ argument—which is that under the plain terms of the NewSun PPAs, the QF owns the Environmental Attributes during the Renewable Resource Sufficiency Period, through 2019, andthen begins owning the Environmental Attributes again after completion of the first fifteen years after the Commercial Operation Date.
Moreover, OneEnergy has proposed to PGE a 25-year RDF incentive agreement whereby all currently uncontracted RECs (i.e. those RECs generated during the Renewable Resource Sufficiency Period) produced by Willamina Solar until the 25th anniversary of the project’s commercial operation date will be transferred to the Clean Wind/Green Source participants.