Flexible Storage Capacity definition

Flexible Storage Capacity is a Storage Capacity which entitles the Storage Customer to inject Natural Gas into the Storage Facility and withdraw Natural Gas from the Storage Facility during the Booking Period at the Storage Customer's discretion up to the agreed maximum available Injection Rate and agreed maximum available Withdrawal Rate.
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Flexible Storage Capacity means the Storage Service that enables Customers to inject natural gas into the Storage Facility also during the Withdrawal Season and to withdraw natural gas from the Storage Facility also during the Injection Season;
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Examples of Flexible Storage Capacity in a sentence

  • The Firm Flexible Storage Capacity shall be provided up to the agreed levels according to par.

  • NAFTA Speicher Inzenham GmbH (hereinafter “NAFTA Inzenham”), as an operator of the storage system, invites for application for access to and use of the Firm Flexible Storage Capacity.

  • The same applies if, as a result of a delay in delivery for which we are responsible, the purchaser is entitled to assert that it is no longer interested in the further fulfilment of the contract.

  • Pursuant to Article 5.1.10 of the Rules of Operation, the Applicant to whom the Storage System Operator has allocated Firm Flexible Storage Capacity shall enter into the Gas Storage Agreement with the Storage System Operator at the latest within 10 days of the day of receipt of the notification of Firm Flexible Storage Capacity allocation to the Applicant.

  • Firm Flexible Storage Capacity service enables the Customer to inject and withdraw natural gas to/from the Storage Facility all year round with 2-hours round the clock re-nomination lead time.

  • In addition, the company did not perform a hazard analysis or develop a procedure for the operational activities conducted on the day of the incident.

  • Firm Flexible Storage Capacity is offered in the amount of up to 1,080,000 MWh in 100 Standard Bundled Units.

  • The Agreement on Storage Facility Access, under which the Firm Flexible Storage Capacity shall be allocated, will be concluded with the successful Participant(s).

  • The Participant, to whom the Firm Flexible Storage Capacity has been allocated, shall enter into the Agreement on Storage Facility Access with NAFTA Inzenham at the latest within 10 days of the day of receipt of the notification of Firm Flexible Storage Capacity allocation to the Participant.

  • Firm Flexible Storage Capacity service enables the Customer to inject and withdraw natural gas to/from the Natural Gas Storage Facility all year round with a 2-hour round the clock re-nomination lead time, however in adherence to the mandatory filing levels imposed by the recently enacted legislation.

Related to Flexible Storage Capacity

  • Storage Capacity means any combination of space, injectability and deliverability.

  • Excess Capacity means volume or capacity in a duct, conduit, or support structure other than a utility pole or anchor which can be used, pursuant to the orders and regulations of the Commission, for a pole attachment.

  • Contract Capacity has the meaning set forth in Section 3.1(f).

  • Idle capacity means the unused capacity of partially used facilities. It is the difference between: (a) that which a facility could achieve under 100 percent operating time on a one-shift basis less operating interruptions resulting from time lost for repairs, setups, unsatisfactory materials, and other normal delays; and (b) the extent to which the facility was actually used to meet demands during the accounting period. A multi-shift basis should be used if it can be shown that this amount of usage would normally be expected for the type of facility involved.

  • Nameplate capacity means the maximum electrical generating output (in MWe) that a generator can sustain over a specified period of time when not restricted by seasonal or other deratings as measured in accordance with the United States Department of Energy standards.

  • Design capacity means the volume of a containment feature at a discharging facility that accommodates all permitted flows and meets all Aquifer Protection Permit conditions, including allowances for appropriate peaking and safety factors to ensure sustained, reliable operation.

  • Maximum Capacity or ‘Pmax’ means the maximum continuous active power which a power-generating module can produce, less any demand associated solely with facilitating the operation of that power-generating module and not fed into the network as specified in the connection agreement or as agreed between the relevant system operator and the power-generating facility owner;

  • Project Capacity means the AC capacity of the project at the generating terminal(s) and to be contracted with MSEDCL for supply from the Solar Power Project.

  • Contracted Capacity means the capacity (in MW AC) contracted with MSEDCL for supply by the successful bidder at the Delivery Point from the Solar Power Project.

  • New Capacity means a new Generator, a substantial addition to the capacity of an existing Generator, or the reactivation of all or a portion of a Generator that has been out of service for five years or more that commences commercial service after the effective date of this definition. For purposes of Section 23.4.5 of this Attachment H, “Offer Floor” for a Mitigated Capacity Zone Installed Capacity Supplier that is not a Special Case Resource shall mean the lesser of (i) a numerical value equal to 75% of the Mitigation Net CONE translated into a seasonally adjusted monthly UCAP value (“Mitigation Net CONE Offer Floor”), or (ii) the numerical value that is the first year value of the Unit Net CONE determined as specified in Section 23.4.5.7, translated into a seasonally adjusted monthly UCAP value using an appropriate class outage rate, (“Unit Net CONE Offer Floor”). The Offer Floor for a Mitigated Capacity Zone Installed Capacity Supplier that is a Special Case Resource shall mean a numerical value determined as specified in Section 23.4.5.7.5. The Offer Floor for Additional CRIS MW shall mean a numerical value determined as specified in Section 23.4.5.7.6. For the purposes of Section 23.4.5 of this Attachment H, “Non-Qualifying Entry Sponsors” shall mean a Transmission Owner, Public Power Entity, or any other entity with a Transmission District in the NYCA, or an agency or instrumentality of New York State or a political subdivision thereof.

  • RA Capacity means the maximum megawatt amount that the CAISO recognizes from a Project that qualifies for Buyer’s Resource Adequacy Requirements and is associated with the Project’s Capacity Attributes.

  • Nominal Capacity means the volume indicated by the manufacturer that represents the maximum recommended filling level.

  • Available Capacity means the capacity from the Project, expressed in whole megawatts, that is available to generate Product. [For As-Available Product facilities only]

  • System Capacity means the operational capacity of the System at any applicable point in time.

  • Potential electrical output capacity means, with regard to a unit, 33 per- cent of the maximum design heat input of the unit.

  • Licensed capacity means the number of children the Department has determined the day care home can care for at any one time in addition to any children living in the home who are under the age of 12 years. Children age 12 and over on the premises are not considered in determining licensed capacity.

  • Installed Capacity or 'IC’ means the summation of the name plate capacities of all the units of the generating station or the capacity of the generating station (reckoned at the generator terminals), approved by the Commission from time to time;

  • Reserved Capacity means the maximum amount of capacity and energy that the Transmission Provider agrees to transmit for the Transmission Customer over the Transmission Provider’s Transmission System between the Point(s) of Receipt and the Point(s) of Delivery under Tariff, Part II. Reserved Capacity shall be expressed in terms of whole megawatts on a sixty (60) minute interval (commencing on the clock hour) basis.

  • Generation Capacity Resource shall have the meaning specified in the Reliability Assurance Agreement. Generation Interconnection Customer:

  • Interruptible Capacity means capacity that may be interrupted by the Operator at any time in order to fulfil shippers’ nominations under a firm capacity reservation.

  • Planned Financed Generation Capacity Resource means a Planned Generation Capacity Resource that, prior to August 7, 2015, has an effective Interconnection Service Agreement and has submitted to the Office of the Interconnection the appropriate certification attesting achievement of Financial Close.

  • Alternate Fuel Capability means a situation where an alternate fuel could have been utilized whether or not the facilities for such use have actually been installed; provided however, where the use of natural gas is for plant protection, feedstock or process uses and the only alternate fuel is propane or other gaseous fuel, then the Buyer will be treated as if he had no alternate fuel capability.

  • Unforced Capacity shall have the meaning specified in the Reliability Assurance Agreement.

  • Bid Capacity meanss capacity offered by the bidder in his Bid under invitation.

  • Base Capacity Resource Price Decrement means, for the 2018/2019 and 2019/2020 Delivery Years, a difference between the clearing price for Base Capacity Resources and the clearing price for Capacity Performance Resources, representing the cost to procure additional Capacity Performance Resources out of merit order when the Base Capacity Resource Constraint is binding.

  • Technical Capacity means the maximum firm capacity that the transmission system operator can offer to the network users, taking account of system integrity and the operational requirements of the transmission network;