Curtailment Quantity definition

Curtailment Quantity means, in relation to a Capacity Shortage, the quantity calculated under Rule D8.5;
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Curtailment Quantity means, in relation to a Capacity Shortage, the quantity
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Curtailment Quantity means the volume of Transmission Rights required to be
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Examples of Curtailment Quantity in a sentence

  • When calculating each Registered Participant’s share of the Curtailment Quantity, netting of its Nominations across the two directions is applied.

  • Registered Participants acknowledge that an emergency situation or a Force Majeure, or any increase or decrease in the Curtailment Quantity during an emergency situation or Force Majeure, which arises after the relevant Nomination Gate closure will be reflected in the calculation of deemed metered volumes in accordance with the Nomination Rules.

  • Authorized Curtailment Quantity (Continued) The customer's total authorized curtailment quantity for the applicable period of curtailment shall be equal to the sum of the authorized curtailment quantities for each of the customer's services which are not subject to curtailment during such period.

  • In the event that Emergency Curtailment occurs in respect of the relevant Day, then National Grid NTS shall be deemed to have made a Market Balancing Buy Action in respect of each User’s Emergency Curtailment Quantity.

  • For the avoidance of doubt, any amounts payable by National Grid NTS pursuant to paragraph 6.2.2 or 6.2.4 shall not be included in the calculation of the System Marginal Buy Price, the System Marginal Sell Price or the System Average Price pursuant to Section F1.2 for the Day to which the Emergency Curtailment Quantity relates.

  • The Transporter shall apply the ECQ Methodology to calculate a User’s Emergency Curtailment Quantity.

  • The amounts payable by National Grid NTS pursuant to paragraph 6.2 in respect of deemed Market Balancing Buy Actions shall not be taken into accounts in the calculation of the System Marginal Buy Price, the System Marginal Sell Price or the System Average Price pursuant to Section F1.2 for the Day to which the Emergency Curtailment Quantity relates.

  • In order to critically examine these theories, it is also necessary to take a deeper look into their underlying assumptions, and clarify what they mean when referring to the state, the nation, how it develops, and how it affects the process of democratization and democracy.

  • In the event that Emergency Curtailment occurs, then each User that has an Emergency Curtailment Quantity authorises National Grid NTS to make a Disposing Trade Nomination on behalf of the User, and National Grid NTS will make a corresponding Acquiring Trade Nomination, in each case for the User’s Emergency Curtailment Quantity.

  • As soon as reasonably practicable after the end of a Day on which Emergency Curtailment occurred (and in event, not later than 20:00 hours on the fourth Day, after the Day in question), each Transporter shall notify each User of the proportion of that User’s Emergency Curtailment Quantity for that Day that relates to System Exit Points on that Transporter’s System, together with the methodology used to calculate such proportion.

Related to Curtailment Quantity

  • Contract Quantity means the quantity of Gas to be delivered and taken as agreed to by the parties in a transaction.

  • Scheduled Quantity means the net quantity of Gas (being the difference between receipt and delivery nominations) agreed by MDL and the Welded Party to pass through (or, in the case of a Notional Welded Point, be deemed to have passed through) the relevant Welded Point for a Day.

  • Curtailment Any Principal Prepayment made by a Mortgagor which is not a Principal Prepayment in Full.

  • Type B quantity means a quantity of radioactive material greater than a Type A quantity.

  • Curtailment Period means the period of time during which Seller reduces generation from the Project, pursuant to a Curtailment Order. The Curtailment Period shall be inclusive of the time required for the Project to ramp down and ramp up; provided that such time periods to ramp down and ramp up shall be consistent with the Ramp Rate designated in the Cover Sheet.

  • Curtailment Shortfall For any Distribution Date and for any Curtailment received in the Prior Period, an amount equal to one month’s interest on such Curtailment at the Pass-Through Rate for the applicable Mortgage Loan.

  • Type A quantity means a quantity of radioactive material, the aggregate radioactivity of which does not exceed A1 for special form radioactive material or A2 for normal form radio- active material, where A1 and A2 are given in Appendix O or may be determined by procedures described in Appendix O.

  • Daily Contract Quantity or “DCQ” means the quantity of Gas as set out in Clause 4.1 herein.

  • Metered Quantity means apparent power, reactive power, active power, with associated time tagging and any other quantity that may be measured by a Party’s Metering Equipment and that is reasonably required by either Party for Security reasons or revenue requirements.

  • INTER-CONNECTION POINT/ DELIVERY/ METERING POINT means a single point at 220kV or above, where the power from the Project(s) is injected into the identified ISTS Substation (including the dedicated transmission line connecting the Projects with the substation system) as specified in the RfS document. Metering shall be done at this interconnection point where the power is injected into. For interconnection with grid and metering, the WPDs shall abide by the relevant CERC/ SERC Regulations, Grid Code and Central Electricity Authority (Installation and Operation of Meters) Regulations, 2006 as amended and revised from time to time.

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

  • Required Quantity in a unit price Contract shall mean the actual quantity of any item of Work or materials which is required to be performed or furnished in order to comply with the Contract.

  • Scheduled Outage has the meaning given to it in the Grid Code;

  • Small quantity generator means a generator who generates less than 1000 kg of hazardous waste in a calendar month.

  • Daily Quantity means the quantity of waste discharged during an operating day.

  • Supply Period means for a Supply Point, the period beginning on the Start Date and ending on the Termination Date;

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

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

  • Unscheduled Outage means any outage that is not a “Scheduled Outage”. “Committed Time” shall mean, as to each Business Day, one hour before the trading session for that day is scheduled to open on the NYSE and one hour after the trading session on the NYSE for that day finally closes, but excluding the following periods of Scheduled Outage (defined below). A “Scheduled Outage” shall mean (1) those time periods from 12 AM Saturday to 6:00 AM Sunday each week and 11:00 PM to 12:00 AM daily, during which Computershare’s System maybe unavailable due to routine maintenance; and (2) any time period as to which Company has received prior notice. ≥99.5% <99.5% to ≥98% <98%

  • Delivery Month means each month specified as such by the Exchange pursuant to

  • Forced Outage means any unplanned reduction or suspension of the electrical output from the Facility resulting in the unavailability of the Facility, in whole or in part, in response to a mechanical, electrical, or hydraulic control system trip or operator-initiated trip in response to an alarm or equipment malfunction and any other unavailability of the Facility for operation, in whole or in part, for maintenance or repair that is not a scheduled maintenance outage and not the result of Force Majeure.

  • Quantity means either tonnage or volume, depending on which term is the standard in the mining industry for the type of mineral;

  • Scheduled Downtime has the meaning set forth in Section 5.2.

  • Vapor balance system means a combination of pipes or hoses which create a closed system between the vapor spaces of an unloading tank and a receiving tank such that vapors displaced from the receiving tank are transferred to the tank being unloaded.

  • Committed Volume means, with respect to a Committed Shipper, the minimum daily volume of Crude Petroleum set out in Schedule A to the Committed Shipper’s TSA.

  • Volume Commitment means the agreed upon Customer commitment to purchase, and may be described as an Annual Volume Commitment, Total Volume Commitment, Tiered Volume Commitment, or Subminimum Volume Commitment.