Peaking Gas definition

Peaking Gas shall have the meaning set forth in Section 3.1(b)(iii).
Peaking Gas means Gas which is provided to the Shipper by FortisBC Energy in accordance with the provisions of Section 15 (Peaking Gas Service).
Peaking Gas means any Gas delivered by Service Provider in excess of the MHQ as determined under clause 16.2.

Examples of Peaking Gas in a sentence

  • A Marketer’s DSR will be limited to the sum of its PCA and PPS unless MARS has hit a ratchet, its maximum Company Peaking inventory is less than its MDQ, its BPPSS Peaking Gas is less than its BPPSS Daily Deliverability, or a Marketer has obtained third party Peaking Service.

  • The total quantity of Company-Owned Peaking Gas available to all Marketers on a given Day under Rate Schedule BPPSS.

  • Peaking Gas must be returned to FortisBC Energy within 6 Business Days of the Day in respect of which it was authorized.

  • If notice of Requested Peaking Gas Quantity is given to FortisBC Energy during the Day for which Peaking Gas is being requested then the Peaking Gas Quantity available to Shipper on that Day will be reduced consistent with the elapsed pro-rata practices of the applicable Transporter(s).

  • Requests for Requested Peaking Gas Quantity received after the time when FortisBC Energy has usable nomination cycles available during that Day will be authorized only on an as available basis.

  • For Replacement Gas FortisBC Energy will bill on a basis proportional to actual Day-to-Day takes of the Non-Bypass Shippers or Rate Schedule 46 Shippers during the Day for which the Peaking Gas Quantities were not returned.

  • Return of Peaking Gas Quantity - A Shipper may view its Peaking Gas Quantity authorized, returned, and not yet returned via an inventory report in the WINS.

  • If Peaking Gas is not returned to FortisBC Energy within 6 Business Days of the Day in respect of which it was authorized, FortisBC Energy will provide the Shipper with an equivalent quantity of Replacement Gas.

  • The Sumas Daily Price for the sixth Business Day following the Day for which the Peaking Gas was authorized plus 20 percent.

  • The Shipper must nominate the returned Peaking Gas Quantity in the WINS described in Section 12.1 (Requested Quantity).


More Definitions of Peaking Gas

Peaking Gas has the meaning set forth in the TUA.
Peaking Gas means any Gas delivered by Service Provider in excess of the MHQ as determined under clause 15.2. Permit means a permit, consent, allowance, credit, offset, unit, certificate or other instrument.

Related to Peaking Gas

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