Examples of Initial Capacity in a sentence
Exit tariff (separate tariff for each exit point, x): π = (50% ππ ) [ πΏππ€π,π₯ ] ππ€π,ππ₯ππ‘,π‘,π₯ π‘ βπ (πΆππ€π,ππ₯ππ‘,π‘,π πΏππ€π,π) π=1 where: Tfwd,exit,t,x Forward exit tariff at exit point x, in EUR/KWh/Gas Day/Gas Year TRt Target Revenue for the specific tariff calculation year t, in EUR Cfwd,exit,t,j Total Initial Capacity Bookings and Expansion Capacity Bookings for Forward Firm Capacity for exit at each exit point j during the specific tariff calculation year, in KWh/Gas Day.
The NRAs have subsequently approved the Transporterβs tariff methodology, incorporated in the Gas Transportation Agreement as schedule 5 of the General Terms and Conditions, and, as required by section 4.1.3 of the Final Joint Opinion, a legal process approved by the NRAs for the allocation and reallocation of initial capacity (the Initial Capacity Allocation Mechanism).
Reserved Capacity has already been made available in accordance with the Initial Capacity Allocation Mechanism and in the first Market Test, conducted prior to the start of construction of the pipeline.