Examples of Gas Year in a sentence
This is the aggregate price that Interconnector will pay for offered Entry Capacity and Exit Capacity and will be calculated as the weighted average price paid for that day’s Entry Capacity and Exit Capacity plus a premium of 0.043092/(kWh/h)/h for Gas Year 2022-23.
In particular, 91,620 GJ/d or approximately 14% of the total contract quantities have service commencement dates of November 1, 2019, which is the start of the Gas Year and the 2019/2020 winter season.1 The Western Mainline includes the Prairies Line and Northern Ontario Line.
Annual Capacity booked for Gas Year 2023-24 until Gas Year 2037-38 will be considered eligible for this incentive.
At this level, if further Buy-back is required, Interconnector will implement the Forced Buy-back procedure.At the end of the Gas Year, if the balance in the Net OS Revenue Account is positive, then 75% of this amount (the “Net Revenue Share”) will be distributed to all shippers based on their allocated flow over the year.
Reserve Prices for Capacity offered via PRISMA for use during the Gas Year 2022-23 and future Gas YearsThe price step in an auction is set at a fixed number or a % of the applicable Interconnector reserve price.