Balancing Quantities definition

Balancing Quantities means the quantity of Gas which satisfies the difference between the Gas quantities scheduled for delivery to Buyer's Delivery Points and the actual physical flow of Gas taken by Buyer at the Delivery Points.
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Examples of Balancing Quantities in a sentence

  • Where AEMO determines a Forecast BMO under clause 7A.3.16, AEMO must provide to each Market Participant the Balancing Quantities expected to be provided by that Market Participant for each future Trading Interval in the Balancing Horizon.

  • This Appendix E addresses the gas supply and other variable costs applicable to Nominated Daily Quantities and Balancing Quantities as identified below.

  • Each Party shall remain the sole owner or licensee, as applicable, of all technology, discoveries, patent applications, patents, know-how and inventions owned or controlled by such Party on the Effective Date and shall have no rights in or to technology, discoveries, patent applications, patents, know-how and inventions owned by the other Party except as specifically provided by this Agreement.

  • On a day (“D-1”) prior to Gas Flow Day (“D”), Transporter shall schedule the nominations of Balancing Quantities by the Shipper(s) at the relevant Point as “Imbalance Scheduling” and the nominations received from Shipper(s) for the quantities (“Firm Quantities”) under respective CT Agreements wherein Transporter is liable for Liquidated Damages, up to MDQ.

  • Transporter shall always have the right in accordance with Section 10 to amend the provisions related to Balancing Quantities in the Transporter Facilities in order to ensure that the Transporter Facilities is operated in the most efficient manner.

  • Constrained Off Facility Balancing Quantities and Prices 6.17.4. The IMO must attribute any Downwards Out of Merit Generation from a Balancing Facility and the Verve Energy Balancing Portfolio in a Trading Interval as soon as practicable after it calculates the Downwards Out of Merit Generation under clause 6.16A.2, and in accordance with the methodology for calculating Constrained Off Quantities and Constrained Off Compensation Prices described in Appendix 11.

  • The other variable costs applicable to Nominated Daily Quantities and Balancing Quantities shall be determined based upon the rates and charges applicable under each transporter’s tariff, including the sheets identified below, as well as other applicable sheets, as all of those sheets may be in effect from time to time, and costs arising under applicable agreements, including the agreements identified below, as well as this Agreement.

  • Brandon (1998) cautions that if all stakeholder groups are not involved equitably, a single group may co-opt the evaluationprocess as it tries to maximize its own importance and worth, thereby are invalidating the evaluation results.

  • If no previously issued forecasts are available for the relevant Trading Interval, then the IMO must cease publication of forecast Balancing Prices and Balancing Quantities.

  • Where AEMO determines a Forecast BMO under clause 7A.3.16, AEMO must provide to each Market Participant the Balancing Quantities expected to be provided by that Market Participant for each future Trading Interval in the Balancing Horizon.7A.3.18.

Related to Balancing Quantities

  • Paying quantities as used herein shall mean and refer to quantities of oil and gas or of either of them sufficient to pay for the current cost of producing same.

  • Gathering System means that portion of Gatherer’s pipeline system, including all appurtenances thereto, related to the provision of gathering and transportation services provided by Gatherer pursuant to this tariff.

  • Gas means any mixture of hydrocarbons and noncombustible gases in a gaseous state consisting primarily of methane.

  • Pipeline System means each system of Pipeline Assets, Real Property and Easements relating thereto making up an integrated gathering system and gathering system, or other pipeline system.

  • CO2 means carbon dioxide.

  • Total hydrocarbons (THC) means the sum of all volatile compounds measurable by a flame ionization detector (FID).

  • Delivery Point means the point(s) of connection(s) at which energy is delivered into the Grid System i.e. the Interconnection Point.

  • Hydrocarbons means oil, gas, casinghead gas, drip gasoline, natural gasoline, condensate, distillate, liquid hydrocarbons, gaseous hydrocarbons and all products refined or separated therefrom.

  • Delivery Points means: (i) for natural gas transported by interstate pipelines, the city gate stations of your Utility, and (ii) for electricity, one or more points at which Company, as your agent, has arranged for the delivery of electricity to a third party (such as your Utility) for your account or at your premises.

  • Supply Point means the point of connection between the licensed network and your apparatus or equipment.

  • Hydrocarbon means a compound consisting of hydrogen and carbon, which, when naturally occurring, may also contain other elements such as sulphur;

  • Coal means non-coking as well as coking coal, produced domestically and categorized into different classes, grades and sizes, as per the notification/order issued for such purpose by Government of India(GoI)/CIL/ Seller; and shall where the context so requires, include Imported Coal.

  • Receipt Point means the receipt/inception point(s) where Crude Oil is received into the Gathering System, as such points are specified in Section II of this tariff.

  • Production Facilities (7 9) means "production equipment" and specially designed software therefor integrated into installations for "development" or for one or more phases of "production".

  • Interconnection Point means the point(s) of connection(s) at which the project is connected to the grid i.e. it shall be at 11 / 22 kV bus bar level of substation of MSEDCL.

  • Oil means petroleum in any form including crude oil, fuel oil, sludge, oil refuse and refined products (other than petrochemicals which are subject to the provisions of Annex II of the present Convention) and, without limiting the generality of the foregoing, includes the substances listed in Appendix I to this Annex.

  • Crude Oil means any liquid hydrocarbon mixture occurring naturally in the earth whether or not treated to render it suitable for transportation and includes:

  • Feedstock means a solid waste that will readily decompose during the composting process including but not limited to yard waste, agricultural waste, animal waste, food scraps, animal carcasses, raw rendering material, and mixed solid waste.

  • Receipt Point(s means the receipt points set forth in Section 6 of this Toll Schedule.

  • Condensate means hydrocarbon liquid separated from natural gas which condenses due to changes in the temperature or pressure and remains liquid at standard conditions.

  • Pipelines means those pipelines within the Storage Facility that connect the Tanks to one another and to the receiving and delivery flanges of the Storage Facility.

  • Carbon dioxide or “CO2” means the most common of the six primary greenhouse gases, consisting on a molecular level of a single carbon atom and two oxygen atoms.

  • Production facility means a facility in California at which gasoline or CARBOB is produced. Upon request of a producer, the executive officer may designate, as part of the producer's production facility, a physically separate bulk storage facility which (A) is owned or leased by the producer, and (B) is operated by or at the direction of the producer, and (C) is not used to store or distribute gasoline or CARBOB that is not supplied from the production facility.

  • Postproduction means an activity related to the finishing or duplication of a medium described in Subsection 59-12-104(54)(a).

  • Feedstock Gas means natural gas used as a raw material for its chemical properties in creating an end product.

  • Ethanol means a high octane gasoline blend stock that is used to make various grades of gasoline.