Renewable Energy Certificate definition

Renewable Energy Certificate or "REC" means a certificate

Renewable Energy Certificate or “REC” means a certificate, credit, allowance, green tag, or other transferable indicia, howsoever entitled, created by an Applicable Program or Certification Authority indicating generation of a particular quantity of energy, or Product associated with the generation of a specified quantity of energy from a Renewable Energy Source by a Renewable Energy Facility. A REC may include some or all additional Environmental Attributes associated with the generation of electricity, and those Environmental Attributes may, but need not be, Verified or Certified by the same or different Verification Authorities or Certification Authorities, and disaggregated and retained or sold separately, all as the Parties agree in a Product Order. A REC is separate from the energy produced and may be separately transferred or conveyed.

Renewable Energy Certificate or “REC” means a certificate, credit, allowance, green tag, or other transferable indicia, howsoever entitled, created by an applicable program or certification authority indicating generation of a particular quantity of energy, or product associated with the generation of a megawatt hour (MWh) from a renewable energy source by a renewable energy project, and excluding, for the avoidance of doubt, any Tax Attributes and the Net Energy Billing Credits.

Examples of Renewable Energy Certificate in a sentence

• EXHIBIT K Progress Report [DEVELOPER] Date: [March/June/September/December] 1, 20[XX] Dear NYSERDA Offshore Wind Team, [DEVELOPER] (“Seller”) submits this Progress Report pursuant to Section 6.02 of the Offshore Wind Renewable Energy Certificate Purchase and Sale Agreement (“the Agreement”) between the New York State Energy Research and Development Authority (“NYSERDA”) and Seller.

• The International Renewable Energy Certificate issued by Enel Generación Perú validates Xxxxxx'x annual energy consumption from 2024 and for the duration of their contract, demonstrating the company's commitment to sustainable and environmentally friendly practices.

• It should be noted that Xxxxxx will accredit its renewable energy consumption through the International Renewable Energy Certificate (I-REC), issued by Enel Generación Perú and accredited by the Greenhouse Gas Protocol (GHG Protocol), which is the most widely used carbon footprint accounting standard by large companies globally.

More Definitions of Renewable Energy Certificate

Renewable Energy Certificate means either (i) a certificate issued by an affiliate of the regional

Renewable Energy Certificate or “REC” means the Renewable Energy (Solar) Certificate issued by the Central Agency in accordance with the procedure prescribed by it and under the provision specified in the Central Electricity Regulatory Commission (Terms & Conditions for recognition and issuance of Renewable Energy Certificate for Renewable Energy Generation)Regulation, 2010.

Renewable Energy Certificate means a New England Generation Information

Renewable Energy Certificate or "REC" means a certificate representing the environmental benefits or attributes of one megawatt-hour of generation from a generating facility that produces Class I or Class II renewable energy, but shall not include a solar renewable energy certificate or an offshore wind renewable energy certificate.

Renewable Energy Certificate means a certificate issued under Section 54-17-603.

Renewable Energy Certificate or “REC” means a certificate that represents the attributes related to one megawatt-hour of electricity generation.

Renewable Energy Certificate. (REC or Certificate) means a unique representation of the environmental, economic, and social benefits associated with the generation of electricity from renewable energy sources that produce Qualifying Electricity. One Certificate is created in association with the generation of one MegaWatt-hour (MWh) of Qualifying Electricity. While a Certificate is always directly associated with the generation of one MWh of electricity, transactions for Certificates may be conducted independently of transactions for the associated electricity.