Terms Used In Maine Revised Statutes > Title 7 > Part 2 > Chapter 101 > Subchapter 1-C - Market Service

• Account: means a general account or a compliance account. See Maine Revised Statutes Title 38 Sec. 580-A
• Agency: means the Maine Municipal and Rural Electrification Cooperative Agency. See Maine Revised Statutes Title 35-A Sec. 4103
• Allocation: means the number of carbon dioxide allowances to be credited to a carbon dioxide budget unit or to the general account of the sponsor of an approved carbon dioxide emissions offset project. See Maine Revised Statutes Title 38 Sec. 580-A
• Appropriation: The provision of funds, through an annual appropriations act or a permanent law, for federal agencies to make payments out of the Treasury for specified purposes. The formal federal spending process consists of two sequential steps: authorization
• Assets: (1) The property comprising the estate of a deceased person, or (2) the property in a trust account.
• Carbon dioxide budget unit: means any single fossil fuel fired unit that serves a generator with a nameplate capacity equal to or greater than 25 megawatts of electrical output. See Maine Revised Statutes Title 38 Sec. 580-A
• Carbon dioxide emissions budget: means the total amount of carbon dioxide emissions allowances allocated by the State on an annual basis. See Maine Revised Statutes Title 38 Sec. 580-A
• Carbon dioxide emissions offset project: includes , but is not limited to, landfill and agricultural methane capture and destruction, reduction in emissions of sulfur hexafluoride, sequestration of carbon due to forestry practices and reduction or avoidance of carbon dioxide emissions from natural gas, oil or propane end-use combustion due to end-use energy efficiency and other categories established by the department by rule. See Maine Revised Statutes Title 38 Sec. 580-A
• Carbon dioxide offset allowance: means a carbon dioxide allowance awarded to the sponsor of a carbon dioxide emissions offset project. See Maine Revised Statutes Title 38 Sec. 580-A
• Climate action plan: means the state plan adopted under section 577. See Maine Revised Statutes Title 38 Sec. 574
• Combined cycle system: means a system composed of one or more combustion turbines, heat recovery system generators and steam turbines configured to improve overall efficiency of electrical generation or steam production. See Maine Revised Statutes Title 38 Sec. 580-A
• Combined heat and power unit: means a device that simultaneously generates electricity and thermal power and operates at a high level of output efficiency by utilizing the waste heat created as a by-product of electricity generation for domestic, commercial or industrial heating or cooling purposes, and whose useful thermal output equals at least 10% of the fossil fuel energy input of the unit. See Maine Revised Statutes Title 38 Sec. 580-A
• Commission: means the Public Utilities Commission. See Maine Revised Statutes Title 35-A Sec. 102
• Commissioner: means the Commissioner of Defense, Veterans and Emergency Management. See Maine Revised Statutes Title 37-B Sec. 1111
• compliance account: means the account established by the department for a carbon dioxide budget unit wherein carbon dioxide emissions allowances and carbon dioxide offset allowances are held and available for compliance purposes under the carbon dioxide cap-and-trade program. See Maine Revised Statutes Title 38 Sec. 580-A
• Contract: A legal written agreement that becomes binding when signed.
• Cooperative: means any corporation organized as of January 1, 1981, under chapter 37 or former Title 35, chapters 221 to 227 on a cooperative plan under the laws of the State and supplying or authorized to supply electricity. See Maine Revised Statutes Title 35-A Sec. 4103
• Dam: means any artificial barrier, including appurtenant works, the site on which it is located and appurtenant rights of flowage and access, that impounds or diverts water, and that: