Examples of Balancing Services Activity in a sentence
The licensee shall cooperate with and assist the Authority for the purpose of developing enduring models in respect of the costs of procuring and using Balancing Services (being the external costs of the Balancing Services Activity) and shall prepare and submit a draft Scheme of Work as to how it will fulfil this obligation to the Authority by 1 June 2013.
Customers may, when verifying charges for Balancing Services Use of System refer to the Transmission Licence which sets out the maximum allowed revenue that The Company may recover in respect of the Balancing Services Activity.
The Balancing Services Activity is defined in the Transmission Licence as the activity undertaken by The Company as part of the Transmission Business including the operation of the transmission system and the procuring and using of Balancing Services for the purpose of balancing the transmission system.
For this purpose, NGC’s activities are split between its Transmission Network Services (TNS) and its Balancing Services Activity (BSA).
The Transmission Licence allows The Company to derive revenue in respect of the Balancing Services Activity through the Balancing Services Use of System (BSUoS) charges.
Annex 1: The Draft CUSC TextCUSC v1.75 June 2014 CUSC Section 14 Charging Methodologies Section 2 – The Statement of the Balancing Services Use of System Charging Methodology 14.29 Principles 14.29.1 The Transmission Licence allows The Company to derive revenue in respect of the Balancing Services Activity through the Balancing Services Use of System (BSUoS) charges.
The Authority shall notify the licensee that it will issue a Balancing Services Activity Revenue Adjustment direction where the costs of procuring and using the Balancing Services as specified in the notice pursuant to paragraph 3 appear to the Authority to not be economic or efficient.
The Authority shall notify the licensee that it will issue a Balancing Services Activity Revenue Adjustment direction where the costs of procuring and/or using the Balancing Services as specified in the notice issued pursuant to paragraph 3 appear to the Authority to not be economic or efficient.
Role of nitric oxide in fasting gastric fundus tone and in 5-HT1 receptor-mediated relaxation of gastric fundus.
MTt which is a target for Balancing Services Activity incentivised external costs in respect of Relevant Year t, has the value specified against the relevant value of IBCt for the Relevant Year t in the column headed MTt in Table 3 in paragraph 4C.4629.IBCt which is the cost of balancing services on which the licensee is incentivised during Relevant Year t, which is calculated in accordance with the formula given in paragraph 4C.12.