Peak Shaving Service definition

Peak Shaving Service means an Additional Service as defined under the Ministerial Decrees of 19 April 2013 and 18 October 2013, for which the Operating Company makes available Temporary Storage of LNG in order to meet the demand of the Balancing Operator, to ensure the security of supply of the national gas system, according to the Gas Redelivery principles related to the Peak Shaving Service as of article 6.1.5 of chapter III.
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Peak Shaving Service means an Additional Service as defined under the Ministerial Decrees
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Examples of Peak Shaving Service in a sentence

  • The Peak Shaving Service Supplier is requested to sign with the Operating Company a Capacity Agreement.

  • The Ministerial Decree of 19/04/2013 sets out, among the measures to be activated in emergency conditions, the usage of partially used regasification terminals tanks for Peak Shaving Service.

  • Without prejudice to Clauses 2.1.3, 5.3.2 and 5.3.3.2, the Operating Company has the right to enforce the Peak Shaving Guarantee and any other credit guarantee provided or procured by the User under Clause 3.1.1 in the event the User, despite being the LNG volumes for Peak Shaving Service redelivered at Redelivery Point to the User before the Discharge, it does not afterwards proceed in Discharging the scheduled volumes.

  • The amount will be equal to the fee to be paid to the Peak Shaving Service Supplier.

  • Such transactions will be cancelled by the Operating Company upon delivery of the Confirmed Cargo to an extent corresponding to the volumes of LNG intended for the Peak Shaving Service that have been reconstituted by the Unloading.

  • In the event that the User is provided in advance with the quantities involved in the Peak Shaving Service, the Operating Company, which in such case will act as a Creditor User, may charge to the User the sales transaction at the Virtual Exchange Point envisaged by Clause 3.1.7.b) as security in the event of non-delivery or reduced delivery of the Confirmed Cargo.

  • Subject to the provisions in Clause 1.4.2, the Operating Company may agree to provide the User with any additional services within the capabilities of the Terminal and in accordance with the applicable regulatory terms.The Operating Company could make available, pursuant to Ministerial Decree of 18/10/2013 issued by the Ministry for Economic Development (13A08697), the Peak Shaving Service.

  • Decree 93 (which entered into force on 29 June 2011) modified various parts of the Decree, simplifying authorisations for import of gas, stressed the principles of transparency and non-discrimination in the assignment of capacity in LNG terminals.f) The Ministerial Decree of 19/04/2013 sets out, among the measures to be activated in emergency conditions, the usage of partially used regasification terminals tanks for Peak Shaving Service.

  • The Operating Company could make available, pursuant to Ministerial Decree of 18/10/2013 issued by the Ministry for Economic Development (13A08697), the Peak Shaving Service.

  • The Gas Redelivery principles related to the Peak Shaving Service are defined at article 6.1.5 of chapter III.

Related to Peak Shaving Service

  • Testing service means a national testing service selected by the board.

  • alerting service means a service provided to notify appropriate organisations regarding aircraft in need of search and rescue aid, and assist such organisations as required;

  • Generation Service means the sale of electricity, including ancillary services such as the provision of reserves, to a Customer by a Competitive Supplier.

  • 911 Service means a universal telephone number which gives the public direct access to the Public Safety Answering Point (“PSAP”). Basic 911 service collects 911 calls from one or more local exchange switches that serve a geographic area. The calls are then sent to the correct authority designated to receive such calls.

  • CMU Service means the Central Moneymarkets Unit Service, operated by the Hong Kong Monetary Authority;

  • Paging service means a telecommunications service that provides transmission of coded radio signals for the purpose of activating specific pagers, which may include messages or sounds.

  • Distribution Service means the delivery of electricity to Customers by the Distribution Company.

  • Cloud Service means any distinct, subscription-based, hosted, supported and operated on-demand solution provided by SAP under an Order Form.

  • air service means a flight or a series of flights carrying passengers, cargo and/or mail for remuneration and/or hire;

  • broadcasting service means a radiocommunication service in which the transmissions are intended for direct reception by the general public. This service may include sound transmissions, television transmissions or other types of transmission.

  • Company Service means the Company's email, Internet, security management services provided to End Users for the purposes of conducting Company's internal business.

  • energy service means the physical benefit, utility or good derived from a combination of energy with energy-efficient technology or with action, which may include the operations, maintenance and control necessary to deliver the service, which is delivered on the basis of a contract and in normal circumstances has proven to result in verifiable and measurable or estimable energy efficiency improvement or primary energy savings;

  • Prepaid calling service means a telecommunications service:

  • Transportation Service means a service for moving people and goods, such as intercity bus service and passenger rail service.

  • Vertical service means an ancillary service that is offered in connection with one or more telecommunications services, which offers advanced calling features that allow customers to identify callers and to manage multiple calls and call connections, including conference bridging services.

  • School service means a website, mobile application or online service that (i) is designed and marketed solely for use in elementary or secondary schools; (ii) is used (a) at the direction of teachers or other employees at elementary or secondary schools or (b) by any school-affiliated entity; and (iii) collects and maintains, uses or shares student personal information. "School service" does not include a website, mobile application or online service that is (a) used for the purposes of college and career readiness assessment or (b) designed and marketed for use by individuals or entities generally, even if it is also marketed for use in elementary or secondary schools.

  • Vesting Service of an employee means the period or periods of service credited to him under the provisions of Article II for purposes of determining his vested interest in his Employer Contributions Sub-Account, if Employer Contributions are provided for under either Article VI or Article XXII.

  • input service means any service used or intended to be used by a supplier in the course or furtherance of business;

  • Total service means all service as a teacher or nonteacher while a member of the

  • Interconnection Service means the physical and electrical interconnection of the Customer Facility with the Transmission System pursuant to the terms of Tariff, Part IV and Tariff, Part VI and the Interconnection Service Agreement entered into pursuant thereto by Interconnection Customer, the Interconnected Transmission Owner and Transmission Provider. Interconnection Service Agreement:

  • Delivery service means the providing of electric transmission or distribution to a retail customer.

  • Utility Service means a service, the terms and conditions of which are regulated by the AUC, and includes services for which an individual rate, joint rate, toll, fare, charge or schedule of them, have been approved by the AUC.

  • Nursing Service Plan means the plan that is developed by the registered nurse based on an Individual’s initial nursing assessment, reassessment, or updates made to a nursing assessment as a result of monitoring visits. The Nursing Service Plan must describe all licensed nursing services the Individual shall receive and be pursuant to the Individual’s Service Plan.

  • flight information service means a service provided for the purpose of giving advice and information useful for the safe and efficient conduct of flights;

  • Water Service means the procurement, treatment, and distribution of water for domestic use or any other purpose for which water can be used.

  • Prepaid wireless calling service means a telecommunications service: