Common use of Qualifying Projects Clause in Contracts

Qualifying Projects. A. For purposes of this Agreement, a Qualifying Project must meet the following two criteria: 1. the project, or portions thereof, must be: a. undertaken, funded, authorized or sponsored, in whole or in part, by any federal agency party to the Joint Statement and bureaus thereof regardless of geographic location; or b. undertaken, funded, authorized or sponsored, in whole or in part, by any other federal agency for projects benefiting Affected Tribes; or c. undertaken, funded, authorized or sponsored, in whole or in part, by Affected Tribes or CAWCD; or d. associated with NGS, CAP features, or KMC regardless of the funding, initiating, or sponsoring entity. 2. With respect to Qualifying Project that could impact National Parks, qualifying projects shall include safeguards for avoiding such impacts, including protection of scenic views, water, wildlife, air quality, dark night skies, soundscapes, and geologic resources in keeping with Interior principles for advancing renewable energy development in a way that protects our nation’s natural and cultural heritage. B. CRCs and CDCs may be accrued for a Qualifying Project and do not require any specific actions at NGS. C. For Qualifying Projects that produce electric energy, the amount of the CDCs accrued shall be equal to the MWh generated by the Qualifying Project multiplied by a CEC. D. For Qualifying Projects that produce electric energy, all CO2 calculations shall be “burner tip” based and shall not incorporate “life-cycle” CO2 emissions or losses, including but not limited to those associated with mining, drilling, manufacturing, processing, transportation, storage, handling, reservoir vegetation and other off-gassing, among other things. E. CAWCD will not be financially responsible for implementing any Qualifying Project not undertaken by CAWCD, unless it otherwise agrees in writing. F. The following multipliers shall be applied to CDCs that Interior accrues toward the Interior Clean Energy Development Commitment (These multipliers are not applicable to CRCs and the Interior CO2 Reduction Commitment.):

Appears in 3 contracts

Sources: Technical Work Group Agreement, Technical Work Group Agreement, Technical Work Group Agreement