Banking Period

In renewable energy, net-metering: a period of time that a Qualified End-User may store the excess Net-Metering Credits it has accumulated over a certain period of time [Section 4(a), DOE Department Circular No. DC2020-10-0022, Prescribing the Policies to Enhance the...

Net-Metering Credit

In renewable energy, net-metering: an amount in pesos from the net energy exported into the Distribution System by a Qualified End-User [Section 4(b), DOE Department Circular No. DC2020-10-0022, Prescribing the Policies to Enhance the Net-Metering Program for...

Other International Mitigation Purpose (OIMP)

In carbon markets: the use of CCCs for purposes other than the NDC, such as the Carbon Offsetting and Reduction Scheme for International Aviation (CORSIA) or Voluntary Carbon Market [Section 3.13, DOE Department Circular No. DC2025-09-0018, Providing General...

Mitigation Activity

In carbon markets: a project or program that is implemented to generate Mitigation Outcomes [Section 3.11, DOE Department Circular No. DC2025-09-0018, Providing General Guidelines for the Generation, Managements, and Monitoring of Carbon Credits in the Energy...

Energy Certificate

In carbon markets: a CCC or Renewable Energy Certificate (REC) issued pursuant to issuances of the DOE, with the definitions, coverage, and distinctions to be provided in a separate Circular to be issued by the DOE [Section 3.10, DOE Department Circular No....

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