New Jersey Administrative Code › Title 7 - ENVIRONMENTAL PROTECTION › Chapter 27D - GLOBAL WARMING SOLUTIONS FUND RULES › Subchapter 1 - GENERAL PROVISIONS › Section 7:27D-1.2 - Definitions

Current through Register Vol. 56, No. 14, July 15, 2024
The following words and terms, when used in this chapter, shall have the following meanings, unless the context clearly indicates otherwise:
"Agencies" means the New Jersey Board of Public Utilities, the New Jersey Department of Environmental Protection, and the New Jersey Economic Development Authority.
"Beneficial" means tending to help, but not necessary.
"BPU" means the New Jersey Board of Public Utilities.
"CO" means carbon dioxide.
"CO[2] allowance" means a limited authorization to emit up to one ton of carbon dioxide or its equivalent.
"CO[2] allowance auction" means the sale of CO[2] allowances through competitive bidding as administered in accordance with N.J.A.C.
7:27C-
11.
"Co-benefits" means benefits that result or are expected to result from a project or program other than a net reduction in greenhouse gas emissions, net reduction in energy use, or net sequestration of carbon. Co-benefits include, but are not limited to, the creation of job opportunities, reduction of air pollutants (other than greenhouse gases), reduction of the costs of electricity or natural gas to consumers, improvements in local electric system reliability, and contribution to regional initiatives to reduce greenhouse gas emissions.
"Critical" means necessary.
"Department" means the New Jersey Department of Environmental Protection.
"Economic aid" means loans, loan guaranties, investments, debt service, matching funds, cost sharing arrangements, energy cost reductions for residential electricity consumers, incentives, rebates, or grants provided by the EDA, the BPU, or the Department.
"EDA" means the New Jersey Economic Development Authority.
"Electric generating unit" or "EGU" means a combustion or steam generating source used for generating electricity that delivers all or part of its power to the electric power distribution grid for commercial sale.
"Global Warming Response Act" or "GWRA" means N.J.S.A. 26:2C-37et seq.
"Global Warming Solutions Fund" or "Fund" means the fund established by N.J.S.A. 26:2C-50 and administered by the Treasurer, State of New Jersey, which is credited with monies received as a result of the CO[2] allowance auctions held pursuant to the rules at N.J.A.C. 7:27C-11.
"Greenhouse gas" means any gas that absorbs infrared radiation in the atmosphere, which includes CO, methane, nitrous oxide, hydrofluorocarbons, perfluorocarbons, sulfur hexafluoride, halogenated ethers, and other halogenated species that are listed in the United Nations Intergovernmental Panel on Climate Change (IPCC) Fourth Assessment Report: Climate Change 2007, which is incorporated herein by reference, as amended and supplemented.
"Heat input" means the measure of energy, in British Thermal Units (Btu), consumed by an electric generating unit over a period of time. For purposes of N.J.A.C. 7:27D-3, heat input is based on the lower heating value of the fuel used by an electric generating unit.
"Heat rate" means the amount of energy, in British Thermal Units (Btu), used by an electric generating unit to generate one kilowatt hour (kWhr) of useful electricity output.
"Initiative" means a funding strategy that is predicted to advance one or more of the objectives listed in N.J.A.C. 7:27D-2.2(a), which have been identified as critical.
"Institutional" means serving a non-profit or public purpose, such as a library, hospital, public school, institution of higher education, municipal utility, public recreation or cultural facility, or government entity.
"International Organization for Standardization conditions" or "ISO[2] conditions" means, for purposes of N.J.A.C. 7:27D-3, 59 degrees Fahrenheit (ambient air temperature), 14.7 psia sea level elevation, and 60 percent relative humidity.
"Local government" is one or a cooperating combination of the entities defined as a contracting unit under the Local Public Contracts Law, N.J.S.A. 40A:11-2(1); a board of education under the Public School Contracts Law, N.J.S.A. 18A:18A-2.a; or a county college under the County College Contracts Law, N.J.S.A. 18A:64A-25.2.b.
"Measurable" means quantifiable and verifiable to enable the assessment of results.
"Net reduction" means a measurable reduction relative to a baseline or standard.
"Net sequestration" means a measurable increase in sequestration of carbon relative to a baseline or standard.
"Person" means any individual or entity and includes, without limitation, corporations, companies, associations, societies, firms, partnerships, and joint stock companies and shall also include, without limitation, all political subdivisions of this State or any agencies or instrumentalities thereof
"Regional Greenhouse Gas Initiative" or "RGGI" means the market-based cap-and-trade program initiated as a cooperative effort among states to cap and reduce power sector carbon dioxide emissions.
"Resilience" means the ability to prepare for and adapt to changing conditions and withstand and recover timely from disruptions.
"Sequestration" means the measurable transfer of carbon containing substances from the atmosphere or from a flux entering the atmosphere (such as power plant exhaust) by a physical, chemical, or biological process to a repository that is expected to contain and, thus, prevent the subsequent release to the atmosphere of 99 percent or more of the carbon contained for a period not less than 20 years.
"Strategic funding period" means the period of time that a particular strategic funding plan is in effect, ending with the publication of the subsequent strategic funding plan.
"Strategic funding plan" means a multi-year report in which the agencies identify the initiatives that each agency has chosen to sponsor during the corresponding strategic funding period.
"Thermal efficiency" means the useful electricity output of an electric generating unit, plus the useful thermal energy output of the electric generating unit, expressed as a percentage of the total heat input to the electric generating unit. For purposes of N.J.A.C. 7:27D-3, thermal efficiency is based on the lower heating value of the fuel used by an electric generating unit.
"Uncertainty" means the range within which the true value of a measured quantity or estimated quantity is expected to fall with a specified level of confidence.
"Useful electricity output" means the net electric energy produced for market or for use in other manufacturing or commercial processes at a facility.
"Useful thermal energy output" means the net thermal energy produced for market or for use in other manufacturing or commercial processes at a facility.