Annual Capacity Product definition

Annual Capacity Product means a Capacity Product with a duration of one year that provides for capacity to be made available throughout a Gas Year;“Business Day”means a day, other than a Saturday or Sunday, on which banks are open for ordinary banking business in Belfast;“Capacity Product”means the products for the provision of capacity at Entry Points or Exit Points made available by Designated Pipe-line Operators;“Credit Committee”means the committee which is convened and operates in accordance with the “Terms of Reference”;“Designated Network”means such parts of a Designated Pipe-line Operator’s Network as is or are designated from time to time pursuant to the Designation Order;“Designated Pipe-line Operator”means a person licensed to convey gas under Article 8(1)(a) of the Order for the Licensee through the Postalised System;“Designation Date”means the date specified in a Designation Order on which any part of a Designated Pipe-line Operator’s Network through which the Licensee is entitled to have gas conveyed shall be designated as postalised;“Designation Order”means an order made pursuant to Article 59 of the Energy (Northern Ireland) Order 2003 designating gas plant comprised within the
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Annual Capacity Product means a Capacity Product with a duration of one year that provides for capacity to be made available throughout a Gas Year; “Business Day” means a day, other than a Saturday or Sunday, on which banks are open for ordinary banking business in Belfast; “Capacity Product” means the products for the provision of capacity at Entry Points or Exit Points made available by Designated Pipe-line Operators; “Credit Committee” means the committee which is convened and operates in accordance with the “Terms of Reference”; “Designated Network” means such parts of a Designated Pipe-line Operator’s Network as is or are designated from time to time pursuant to the Designation Order; “Designated Pipe-line Operator” means a person licensed to convey gas under Article 8(1)(a) of the Order for the Licensee through the Postalised System; “Designation Date” means the date specified in a Designation Order on which any part of a Designated Pipe-line Operator’s Network through which the Licensee is entitled to have gas conveyed shall be designated as postalised; “Designation Order” means an order made pursuant to Article 59 of the Energy (Northern Ireland) Order 2003 designating gas plant comprised within the Network as being subject to a common tariff; “Enter”, “Entering” or forms thereof, refers to the offtaking of gas at an Entry Point; “Entry Point” means a point of interconnection between the network of a Designated Pipe-line Operator and any other transmission pipe-line
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Examples of Annual Capacity Product in a sentence

  • The reconciliation unit charge for a Non Annual Capacity Product is calculated for each individual product using the same principles, where the reconciliation unit charge is based on the difference between the forecast and actual charges, but the Auction Premium attracted in the specific Auction in which the capacity was sold must also be added.

  • In general terms then, the formula below is used to calculate the reconciliation payment for each individual Non Annual Capacity Product bought in each Auction: Capacity Reconciliation Payment for Non Annual Capacity = Reconciliation unit charge for Non Annual Capacity Product x quantity of Non Annual Capacity bought; where the total Capacity Reconciliation Payment for Non Annual Capacity is the sum of these amounts for each quantity of Non Annual Capacity bought for use in Gas Year Y.

  • Both the Annual Capacity Product and Seasonal Capacity Product must be for utilisation during the same Gas Year.

  • C) Annual Capacity Structure with Seasonal Bi-Directional Incentive An incentive can be applied to Capacity Transactions which include an Annual Capacity Product in the UK to BE flow direction and a Winter Seasonal Capacity Product in the BE to UK flow direction.

  • UK to BEBacton EntryB) Annual Capacity Structure with Annual Bi-Directional Incentive An incentive can be applied to Capacity Transactions which include an Annual Capacity Product in the UK to BE flow direction and an Annual Capacity Product in the BE to UK flow direction for the same Gas Year.

  • The incentive to apply is a 67% reduction on the Bacton Entry/Zeebrugge Exit3 Annual Capacity Product.

  • The incentive to apply is a 67% reduction on the Bacton Entry/Zeebrugge Exit4 Annual Capacity Product.

  • Contact information:Enrollees may call Customer Service at 1-855-364-3184 or 711 (TTY) for assistance.

  • Second, finding the words and scenes that representatives the important role in plot.

  • Exit Capacity is Exit Capacity at the Zeebrugge Exit Point allocated to the Eligible IAA Shipper as an Annual Capacity Product in the [March] 2017 Capacity Auction.

Related to Annual Capacity Product

  • Technical Capacity means the maximum firm capacity that the transmission system operator can offer to the network users, taking account of system integrity and the operational requirements of the transmission network;

  • Nominal Capacity means the volume indicated by the manufacturer that represents the maximum recommended filling level.

  • Licensed capacity means the number of children the Department has determined the day care home can care for at any one time in addition to any children living in the home who are under the age of 12 years. Children age 12 and over on the premises are not considered in determining licensed capacity.

  • RA Capacity means the maximum megawatt amount that the CAISO recognizes from a Project that qualifies for Buyer’s Resource Adequacy Requirements and is associated with the Project’s Capacity Attributes.

  • Additional Capacity means, in relation to the Network, the capability of the Network to carry additional task by an enhancement or improvement of the infrastructure forming part of the Network or Associated Facilities;

  • Idle capacity means the unused capacity of partially used facilities. It is the difference between: (a) that which a facility could achieve under 100 percent operating time on a one-shift basis less operating interruptions resulting from time lost for repairs, setups, unsatisfactory materials, and other normal delays; and (b) the extent to which the facility was actually used to meet demands during the accounting period. A multi-shift basis should be used if it can be shown that this amount of usage would normally be expected for the type of facility involved.

  • Contract Capacity has the meaning set forth in Section 3.1(f).

  • Local Capacity Area has the meaning set forth in the CAISO Tariff.

  • New Capacity means a new Generator, a substantial addition to the capacity of an existing Generator, or the reactivation of all or a portion of a Generator that has been out of service for five years or more that commences commercial service after the effective date of this definition. For purposes of Section 23.4.5 of this Attachment H, “Offer Floor” for a Mitigated Capacity Zone Installed Capacity Supplier that is not a Special Case Resource shall mean the lesser of (i) a numerical value equal to 75% of the Mitigation Net CONE translated into a seasonally adjusted monthly UCAP value (“Mitigation Net CONE Offer Floor”), or (ii) the numerical value that is the first year value of the Unit Net CONE determined as specified in Section 23.4.5.7, translated into a seasonally adjusted monthly UCAP value using an appropriate class outage rate, (“Unit Net CONE Offer Floor”). The Offer Floor for a Mitigated Capacity Zone Installed Capacity Supplier that is a Special Case Resource shall mean a numerical value determined as specified in Section 23.4.5.7.5. The Offer Floor for Additional CRIS MW shall mean a numerical value determined as specified in Section 23.4.5.7.6. For the purposes of Section 23.4.5 of this Attachment H, “Non-Qualifying Entry Sponsors” shall mean a Transmission Owner, Public Power Entity, or any other entity with a Transmission District in the NYCA, or an agency or instrumentality of New York State or a political subdivision thereof.

  • Design capacity means the volume of a containment feature at a discharging facility that accommodates all permitted flows and meets all Aquifer Protection Permit conditions, including allowances for appropriate peaking and safety factors to ensure sustained, reliable operation.

  • Storage Capacity means any combination of space, injectability and deliverability.

  • Excess Capacity means volume or capacity in a duct, conduit, or support structure other than a utility pole or anchor which can be used, pursuant to the orders and regulations of the Commission, for a pole attachment.

  • Project Capacity means the AC capacity of the project at the generating terminal(s) and to be contracted with MSEDCL for supply from the Solar Power Project.

  • Nameplate capacity means the maximum electrical generating output (in MWe) that a generator can sustain over a specified period of time when not restricted by seasonal or other deratings as measured in accordance with the United States Department of Energy standards.

  • System Capacity means the operational capacity of the System at any applicable point in time.

  • Bid Capacity meanss capacity offered by the bidder in his Bid under invitation.

  • Potential electrical output capacity means, with regard to a unit, 33 per- cent of the maximum design heat input of the unit.

  • Interruptible Capacity means capacity that may be interrupted by the Operator at any time in order to fulfil shippers’ nominations under a firm capacity reservation.

  • Available Capacity means the capacity from the Project, expressed in whole megawatts, that is available to generate Product. [For As-Available Product facilities only]

  • Alternate Fuel Capability means a situation where an alternate fuel could have been utilized whether or not the facilities for such use have actually been installed; provided however, where the use of natural gas is for plant protection, feedstock or process uses and the only alternate fuel is propane or other gaseous fuel, then the Buyer will be treated as if he had no alternate fuel capability.

  • Generation Capacity Resource shall have the meaning specified in the Reliability Assurance Agreement. Generation Interconnection Customer:

  • Contracted Capacity means the capacity (in MW AC) contracted with MSEDCL for supply by the successful bidder at the Delivery Point from the Solar Power Project.

  • Rated Capacity means the Average Daily Flow for which the Works are approved to handle;

  • Special Category Data means any personal data revealing racial or ethnic origin, political opinions, religious or philosophical beliefs, or trade union membership, and the processing of genetic data, biometric data for the purpose of uniquely identifying a natural person, data concerning health or data concerning a natural person's sex life or sexual orientation.

  • Full Capacity Deliverability Status or “FCDS” has the meaning set forth in the CAISO Tariff.

  • Base Capacity Resource means a Capacity Resource as described in Tariff, Attachment DD, section 5.5A(b).