RPS Requirement definition

RPS Requirement has the meaning set forth in Section 15.2.1.
RPS Requirement means the quantity of MA New Renewable Generation Certificates to be provided by Seller as set forth in the Confirmation for a specific Transaction, if any.
RPS Requirement means a mandatory renewable portfolio standard or requirement established by a Governmental Authority with jurisdiction over electric generation or sellers of electricity in the state of South Carolina that specifies an amount or percentage of Renewable Energy that a seller of electric energy is required to generate or procure. Any material modification to an RPS Requirement shall be considered a new RPS Requirement.

Examples of RPS Requirement in a sentence

  • However, in no event shall the RPS Requirement exceed the amount of NE-GIS Certificates required for NSTAR Electric to satisfy its requirements under the Renewable Energy Portfolio Standards for the portion of Default Supply Service being served under a Transaction.

  • RPS Requirement – NE-GIS Certificates representing the number of MWhs calculated as the product of (a) Delivered Energy (grossed up for PTF losses) to the applicable Customer Group and Load Zone for a specific Transaction during the applicable Delivery Term, and (b) the rate set forth in the Confirmation for a specific Transaction.

Related to RPS Requirement

  • MREL Requirement means the minimum requirement for own funds and eligible liabilities which is or, as the case may be, will be applicable to the Issuer;

  • Risk Retention Requirements means the credit risk retention requirements of Section 15G of the Exchange Act (15 U.S.C. §78o-11), as added by Section 941 of the Xxxx-Xxxxx Xxxx Street Reform and Consumer Protection Act.

  • performance requirement means a requirement that:

  • Listings Requirements means the listings requirements of the JSE from time to time;

  • Applicable requirement means all of the following as they apply to emission units in a source requiring an air quality operating permit (including requirements that have been promulgated or approved by the Department or the administrator through rule making at the time of issuance of the air quality operating permit, but have future-effective compliance dates, provided that such requirements apply to sources covered under the operating permit):