Settlement Metering Sample Clauses
The Settlement Metering clause defines the procedures and standards for measuring and recording the quantity of goods or services delivered, typically for the purpose of calculating payments between parties. In practice, this clause specifies the type of metering equipment to be used, how measurements are to be taken, and the process for resolving discrepancies or disputes over meter readings. Its core function is to ensure accurate and reliable measurement data, thereby facilitating fair and transparent settlement of accounts and minimizing disputes related to delivery quantities.
Settlement Metering. The EIM Entity shall ensure that each EIM Participating Resource and non-participating resource in an EIM Entity Balancing Authority Area becomes either a CAISO Metered Entity or a Scheduling Coordinator Metered Entity and complies with the requirements of Section 10 except as provided in Section 29.10(c).
Settlement Metering. Settlement metering must take place in the point of connection (POC) in the 220 kV GIS coupler bays, where the concession winner's cables are connected at ▇▇▇▇▇▇ ▇▇▇▇ substation (VMA). The local supply company Nordvestjysk Elforsyning (▇▇▇) must record metered data, and the concession winner must cover all expenses related to the establishment of settlement metering. Metered data will comprise data from the current transformers built into Energinet's two 220 kV GIS coupler bays, to which the concession winner's cables are connected, and from voltage metering on Energinet's 220 kV busbar at ▇▇▇▇▇▇ ▇▇▇▇ substation (VMA). For more information, please see Regulation "D2 – Technical requirements for settlement metering" (Tekniske krav til elmåling), which can be downloaded from Energinet's website via this link (Danish only): ▇▇▇▇://▇▇▇▇▇▇▇▇▇/▇▇/▇▇/▇▇▇▇▇▇▇▇▇▇▇/▇▇▇▇▇▇▇▇-▇▇▇▇▇▇▇▇▇▇▇/▇▇▇▇▇/▇▇▇▇▇▇▇▇▇▇▇-▇▇▇-▇▇▇▇▇▇▇▇▇▇▇.▇▇▇▇ The specification of equipment for settlement metering installed at the concession winner's facilities (cables, voltage transformers, cables, etc.) must be approved by Energinet.