Replacement Green Attributes means Renewable Energy Credits of the same Portfolio Content Category (i.e., PCC1) as the Green Attributes portion of the Product and of the same timeframe for retirement as the Renewable Energy Credits that would have been generated by the Facility during the Performance Measurement Period for which the Replacement Green Attributes are being provided.
Replacement Green Attributes means Renewable Energy Credits that are Portfolio Content Category 1 (PCC1) and of the same type of resource (e.g., wind, solar, etc.) as the Renewable Energy Credits that would have been generated by the Facility.
Replacement Green Attributes has the meaning set forth in Exhibit G. “Replacement Product” has the meaning set forth in Exhibit G.
Examples of Replacement Green Attributes in a sentence
Buyer shall use commercially reasonable efforts to minimize the amount of the Replacement Green Attributes Price.
In addition, subject to the prior written consent of Xxxxx, Seller may deliver Replacement Green Attributes generated after the end of the applicable Performance Measurement Period within ninety (90) days after the applicable Performance Measurement Period, or such other time frame as agreed by the Parties.
More Definitions of Replacement Green Attributes
Replacement Green Attributes means Renewable Energy Credits of the same Portfolio Content Category (i.e., PCC1) as the Green Attributes portion of the Product and of the same year of production as the Renewable Energy Credits that would have been generated by the Facility.
Replacement Green Attributes means Renewable Energy Credits of the same Portfolio Content Category (i.e., PCC1) as the Green Attributes portion of the Product and, unless otherwise
Replacement Green Attributes means Renewable Energy Credits of the same Portfolio Content Category (i.e., PCC1) as the Green Attributes portion of the Product and of the same timeframe for retirement as the Renewable Energy Credits that would have been generated by the Facility during the Performance Measurement Period for which the Replacement Green Attributes are being provided. To establish the value of Replacement Green Attributes, Buyer shall provide Seller with at least one independently-prepared estimate of the value of Replacement Green Attributes based, if available, on the most recently available actual contract and sales information. Seller may provide an alternative estimate based on actual contract and sales information.
Replacement Green Attributes means PCC1 Renewable Energy Credits with the same year of production as the Renewable Energy Credits that would have been generated by the Facility.
Replacement Green Attributes means Renewable Energy Credits of the same Portfolio Content Category (i.e., PCC1) as the Green Attributes portion of the Product and of the same timeframe for retirement as the Renewable Energy Credits that would have been generated by the Facility during the Performance Measurement Period for which the Replacement Green Attributes are being provided. No payment shall be due if the calculation of (A - B) or (C - D) yields a negative number. This certification (“Certification”) of Commercial Operation is delivered by [licensed professional engineer] (“Engineer”) to City of San Xxxx, a California municipality (“Buyer”) in accordance with the terms of that certain Renewable Power Purchase Agreement dated ___________ (“Agreement”) by and between [Seller Entity] and Buyer. All capitalized terms used in this Certification but not otherwise defined herein shall have the respective meanings assigned to such terms in the Agreement. As of [Date], Engineer hereby certifies and represents to Buyer the following: The Facility is fully operational, reliable and interconnected, fully integrated and synchronized with the Participating Transmission Owner and CAISO. Seller has installed equipment for the Facility with a nameplate capacity of no less than ninety-five percent (95%) of the Guaranteed Capacity. Seller has commissioned all equipment in accordance with its respective manufacturer’s specifications. A performance test for the Facility demonstrated peak electrical output of __ MW AC at the Delivery Point, as adjusted for ambient conditions on the date of the performance test (“Installed Capacity”). The Installed Capacity is not less than ninety-five (95%) of the Guaranteed Capacity. Authorization to parallel the Facility was obtained by the Participating Transmission Owner on [Date]. The Participating Transmission Owner has provided documentation supporting full unrestricted release for Commercial Operation by the Participating Transmission Owner on [Date]. The CAISO has provided notification supporting Commercial Operation, in accordance with the CAISO Tariff on [Date]. EXECUTED by [LICENSED PROFESSIONAL ENGINEER] this ________ day of _____________, 20__. [LICENSED PROFESSIONAL ENGINEER] Sign: Title: This certification (“Certification”) of Installed Capacity is delivered by [licensed professional engineer] (“Engineer”) to City of San Xxxx, a California municipality (“Buyer”) in accordance with the terms of that certain Renewable Power Purchase Agreement dated ____...
Replacement Green Attributes means Renewable Energy Credits that are Portfolio Content Category 1 (PCC1) and of the same type of resource (e.g., wind, solar, etc.) as the Renewable Energy Credits that would have been generated by the Facility. No payment shall be due if the calculation of (A - B) or (C - D) yields a negative number. In no event will Buyer owe any payment to Seller pursuant to this Exhibit G. RA Failure: Commencing on the Commercial Operation Date, for each RA Shortfall Month, Seller shall pay to Buyer an amount (the “RA Deficiency Amount”) equal to the product of (i) the difference, expressed in kW, of (A) the Guaranteed RA Amount for such Showing Month, minus (B) the lowest amount of Net Qualifying Capacity able to be included on the Supply Plan as RAR and, if applicable, Local RAR from the Facility by both the CPUC and CAISO for such Showing Month (such difference, the “RA Shortfall”), multiplied by (ii) the sum of (1) the CPUC System RA Penalty and (2) the CPM Soft Offer Cap as listed in Section 43A.4.1.1 of the CAISO Tariff (or its successor); provided that Seller may, as an alternative to paying RA Deficiency Amounts, provide Replacement RA in amounts up to the RA Shortfall, provided that any Replacement RA capacity is communicated by Seller to Buyer with Replacement RA product information in a written notice to Buyer at least seventy-five (75) days before the deadline (as established by CAISO or any other Governmental Authority) that Buyer must meet to submit its Resource Adequacy Plan for the applicable Showing Month for the purpose of monthly RA reporting.
Replacement Green Attributes means Renewable Energy Credits of the same Portfolio Content Category (i.e., PCC1) as the Product and of the same year of production as the Renewable Energy Credits that would have been generated by the Facility during the Interim Performance Measurement Period or the Performance Measurement Period, as applicable, for which the Replacement Green Attributes are being provided.