Examples of FPS in a sentence
The resulting electricity demand will be determined using the Total Demand forecasting tool ‘BECalc’ developed in collaboration with Climact for the FPS Environment.
Upon the completion of settlement, the transaction will be reflected in the available balance of the relevant Clearing Participant maintained with its Settlement Participant and/or FPS Ledger Account of the relevant Settlement Participant.
Operator will make every effort to schedule routine maintenance so that its firm delivery obligations under Rate Schedule FPS-1, FPS-2 and FPS-3 can be met during the Withdrawal Season, and so that FPS Buyers are able to inject up to their full MCPQ by the end of an Injection Season.
The CREG will elaborate a reference scenario proposal for each auction based on all available information and the FPS will provide an advice on them.
Inventory transfers remain subject to all applicable tariff limitations (including limits on FPS injection, storage and withdrawal rights) and applicable Commission policies (including the "shipper must have title" rule).