offtake definition
offtake means the flow of electricity from the grid at a grid exit point;
offtake has the meaning given to that term in Recital A;
offtake agreement for off-the-road tires Russia: expanded production capacity for passenger car tires India: construction of new tire plant China: testing and evaluation center for raw materials Singapore: new sales company for industrial products Vietnam: revamped sales and production
More Definitions of offtake
offtake. The offtake of Active Power: Physical Nomination: Day-Ahead and/or Intraday Physical Nomination.
offtake has the meaning specified in Article 9.
offtake means the net quantity of electricity flow out of the grid at a connection location into customer assets during a half hour determined from metering information. This definition is subject to section 7 of this transmission pricing methodology and any prudent discount agreement and to any quantity adjustment provided for in a notional embedding agreement;
offtake. The agreed-upon quantity or percentage of Layer Chickens and Eggs that the Buyer commits to purchase from the Seller over an indefinite period.