Nominations and Balancing Sample Clauses
The "Nominations and Balancing" clause establishes the procedures for parties to nominate quantities of goods, services, or resources—such as energy or commodities—to be delivered or received within a specified period, and outlines how any discrepancies between nominated and actual amounts are managed. Typically, this clause requires parties to submit their expected needs or supplies in advance, and provides mechanisms for adjusting or reconciling differences, such as through financial settlements or operational adjustments. Its core function is to ensure efficient coordination and minimize imbalances, thereby reducing operational risks and disputes related to over- or under-delivery.
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Nominations and Balancing. 5.1 The procedure for submitting, processing, matching, confirming or rejecting nominations or re-nominations for transmission shall be in line with the provisions laid down in Chapter 2 and Chapter 3 of the Natural Gas Market Balancing Rules approved by EWRC. The data exchange between the User and the Operator shall be made in line with Chapter 4 of the Natural Gas Market Balancing Rules.
5.2 Nominations and re-nominations shall be submitted via Operator’s Commercial Dispatching Platform (CDP) and the user shall register at the CDP as indicated on the Operator’s webpage.
5.3 If there is a CDP technical failure or due to a technical issue occurred during connection, as an exception, nominations can be submitted via email.
Nominations and Balancing. 5.1 The procedure for submitting, processing, matching, confirming or rejecting nominations or re-nominations for transmission shall be in line with the provisions laid down in Chapter 2 and Chapter 3 of the Natural Gas Market Balancing Rules approved by EWRC. The data exchange between the User and the Operator shall be made in line with Chapter 4 of the Natural Gas Market Balancing Rules.
5.2 The provisions of the Natural Gas Market Balancing Rules shall be also applied for entry/exit point GMS Chiren except for the right to submit re-nominations.
Nominations and Balancing. 3.4.1 Nominations shall be provided to ENSTAR Gas Control in writing and confirmed with ENSTAR Gas Control before gas flows. The Customer agrees to provide the initial transportation nominations by 12:00 PM (noon) each day prior to requesting transportation service. The customer agrees to use its best efforts to nominate gas into the ENSTAR system on a daily basis using four (4) standard nomination periods in a day (24 hour period starting at 12:00 AM through 11:59 PM (midnight}): a. 12:00 AM to 6:00AM
Nominations and Balancing. 3.4.1 Nominations shall be provided to ENSTAR Gas Control in writing and confirmed with ENSTAR Gas Control before gas flows. The Customer agrees to provide the initial transportation nominations by 12:00 PM (noon) each day prior to requesting transportation service. The customer will nominate gas into the ENSTAR system on a daily basis using four (4) standard nomination periods in a day (24 hour period starting at 12:00 AM through 11:59 PM (midnight)):
a. 12:00 AM to 6:00 AM b. 6:00 AM to 12:00 PM c. 12:00 PM to 6:00 PM d. 6:00 PM to 11:59.59 PM The Customer will nominate gas based on an average load calculation for each intra-day nomination period. The Company and Customer understand that Customer deliveries will vary from the average based on actual (instantaneous) generation requirements.
3.4.2 Customer will comply with Daily balancing tolerances per the Tariff. The Customer will schedule daily gas balance accrual settlement on a weekly basis.
3.4.3 Customer acknowledges that events outside the control of the Company may limit the Company’s ability to transport natural gas. These events include: Cold Weather, either severe cold or continuously cold temperatures which may reduce the Company’s line pressures; and restricted supplies of natural gas available from west side producers. The Company will communicate with the Customer to provide reasonable notification of possible transportation constraints. In the event of transportation constraints under this article, to the extent possible, the Company will reduce transportation services gradually. The Company will notify Customer as soon as it is aware of an impending delivery constraint, and will endeavor to avoid sudden or instantaneous restrictions of gas to the Beluga Power Plant.
Nominations and Balancing. 3.4.1 The Customer agrees to provide the Company notice by 4:00 PM ACT of the Day prior to any Day it wishes to utilize this service. Nominations shall be provided to ENSTAR Gas Control in writing and confirmed with ENSTAR Gas Control before gas flows. The Customer agrees to provide the initial transportation nominations by 4:00 PM each day prior to requesting transportation service. The customer agrees to use commercially reasonable efforts to nominate gas into the ENSTAR system on a daily basis using four (4) standard nomination periods in a day (24 hour period starting at 12:00 AM (midnight) through 11:59 PM):
Nominations and Balancing