Balancing Services definition

Balancing Services means the services carried out by the Balancing Operator in accordance with the Balancing Agreement and the Balancing Code.

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Balancing Services means balancing energy or balancing capacity, or both;

Balancing Services means the Balancing Services used in Special Condition C16 of a Transmission License;

Examples of Balancing Services in a sentence

• If specified as applying in Section B of Part I (Individual Terms), this Agreement additionally governs the provision of Balancing Services by the Buyer to the Seller.

• The Network User hereby warrants to the Balancing Operator that it holds any and all licenses, permits and authorisations required under applicable law to subscribe Balancing Services and that it shall use its reasonable endeavours to maintain such licenses, permits and authorisations throughout the duration of this Agreement.

• Pursuant to the Transmission Licence, The Company is required to prepare a Connection and Use of System Code (CUSC) setting out the terms of the arrangements for connection to and use of the National Electricity Transmission System and the provision of certain Balancing Services.

• Settlement The calculation and invoicing of the Balancing Services and related fees in the Balancing Market.

• Pursuant to the Transmission Licence, NGC is required to prepare a Connection and Use of System Code (CUSC) setting out the terms of the arrangements for connection to and use of the NGC GB Transmission System and the provision of certain Balancing Services.

More Definitions of Balancing Services

Balancing Services means the services provided or procured by the Buyer to enable the Seller to meet its obligations under the connection or use of system agreements with the Network Operator for the Facility (and the Balancing Responsible Party under the Balancing Responsible Agreement) in respect of Balancing. For the avoidance of doubt, the services shall include:

Balancing Services means Balancing Services as used in Special Condition C16 of a Transmission License granted under the Electricity Act 1989;

Balancing Services means either or both balancing energy and balancing capacity;

Balancing Services means services provided to a TSO via a contract for Flexible Gas which is not a Short Term Standardised Product.

Balancing Services means any services procured by the transmission system operator in order to balance demand and supply, and to ensure the security and quality of electricity supply, across the national transmission system for Great Britain;

Balancing Services means purchased reserve power and activated electricity that the electricity transmission system operator uses to balance the system;

Balancing Services has the meaning attributed to it in the Company’s Transmission Licence;