Grid Charges definition

Grid Charges means the total charges levied by the TSO in respect of the ORESS Tonn Nua Project’s use of the offshore and onshore transmission system in year N (expressed in €), including for the avoidance of doubt all onshore transmission use of system charges, all offshore transmission use of system charges, and all other connection or other charges (if any) levied by the TSO under the Grid Connection Agreement in year N (expressed in €).
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Examples of Grid Charges in a sentence

  • If Transpower varies the Grid Charges, Transpower is to forward to the Customer a revised Schedule 3 (Grid Charges).

  • Transpower's rights under this clause are in addition to any recalculation of Grid Charges under clause 19.2(b).

  • The credit note will be issued at the same time as the invoice for Grid Charges for the month following the month in which the losses and constraint excess payment is received.

  • For the avoidance of doubt, the Grid Charges are effective from the Commencement Date.

  • The Customer must pay Grid Charges for each month calculated in accordance with the transmission pricing methodology and this Agreement.

  • This Part sets out how Transpower will allocate to the Customer a portion of the losses and constraint excess payments received as a deduction from the Grid Charges payable by the Customer.

  • This clause does not apply in respect of a Point of Connection for so long as Transpower provides a metering installation at or near that Point of Connection and the costs of providing that metering installation are included in the Grid Charges.

  • For all other variations to the Grid Charges permitted under the transmission pricing methodology, Transpower will give the Customer not less than 20 Business Days’ notice of the variation.

  • In the absence of any agreement to the contrary the revised Schedule 3 (Grid Charges) will take effect on the first day following such completion.

  • Transpower’s rights under this clause 41.7 are in addition to its rights to vary the Grid Charges under clauses 41.3, 41.5 and 41.6.