Balancing Service definition

Balancing Service means a service provided to a trans­ mission system operator via a contract for gas required to meet short term fluctuations in gas demand or supply, which is not a short term standardised product;
Balancing Service means either an Interruptible Park Service or an Interruptible Loan Service and shall be defined as the quantity of gas held or owed respectively by DTE on behalf of Customer in the Balancing Account.
Balancing Service. As defined in the EU EBGL Guideline.

Examples of Balancing Service in a sentence

  • Balancing Service Provider shall inform the balance responsible party of the reserve unit of the existence of this Agreement.

  • In addition to the fees specified in this Agreement, Fingrid shall pay Balancing Service Provider the value-added tax valid at any given time.

  • Balancing Service Provider shall agree on the omission of the reserve capacity from the scope of the Agreement with Fingrid well in advance.

  • For this period, Xxxxxxx shall not be obliged to pay the fees specified in this Agreement to Balancing Service Provider.

  • Variable Energy Resource Balancing Service is required to help maintain the power system frequency at 60 Hz and to conform to NERC and WECC reliability standards.


More Definitions of Balancing Service

Balancing Service means the provision of the contracted reserve capacity and/or balancing electricity, used by the Transmission System Operator to perform the balancing.
Balancing Service means providing reserve capacity contracted and/or balancing electricity, used by Transmission System Operator to perform the balancing.
Balancing Service means the assurance of the contracted reserve capacity and/or the balancing electricity used from the Transmission System Operator to perform the balancing.
Balancing Service means either an interruptible or firm Parking Service or an interruptible or firm Loan Service, as the case may be, and shall be so defined depending on the quantity of gas held or owed by Enbridge on behalf of Shipper in the Balancing Account;
Balancing Service as defined in Article 2(3) of Commission Regulation (EU) 2017/2195 of 23 November 2017 establishing a guideline on electricity balancing;
Balancing Service means a service provided to a transmission system operator via a contract for flexible gas which is not a short term standardised product referred to in Article 9(3).
Balancing Service means a service provided to a transmission system operator via a contract forgas required to meet short term fluctuations in gas demand or supply, which is not a short term standardised product;