Examples of Expansion Capacity in a sentence
Market Tests conducted after the First Booking Phase may result in requests for additional capacity bookings exceeding the then installed capacity (Expansion Capacity Bookings).
Exit tariff (separate tariff for each exit point, x): 𝑇 = (50% 𝑇𝑅 ) [ 𝐿𝑓𝑤𝑑,𝑥 ] 𝑓𝑤𝑑,𝑒𝑥𝑖𝑡,𝑡,𝑥 𝑡 ∑𝑛 (𝐶𝑓𝑤𝑑,𝑒𝑥𝑖𝑡,𝑡,𝑗 𝐿𝑓𝑤𝑑,𝑗) 𝑗=1 where: Tfwd,exit,t,x Forward exit tariff at exit point x, in EUR/KWh/Gas Day/Gas Year TRt Target Revenue for the specific tariff calculation year t, in EUR Cfwd,exit,t,j Total Initial Capacity Bookings and Expansion Capacity Bookings for Forward Firm Capacity for exit at each exit point j during the specific tariff calculation year, in KWh/Gas Day.
The rules and procedures by which Shippers or Registered Parties can request Expansion Capacity are set out in Section 6.9.
However, to the extent such long term capacity bookings expire prior to the end of the Recovery Period, the Target Revenue stream will be profiled in time according to the methodology described for Expansion Capacity Bookings in paragraph (c) of Clause 3.3.3.
The Transporter will offer this Expansion Capacity to the market by means of Market Tests, to be conducted on a bi-annual basis.