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balancing definition

balancing means (in relation to the Network and any relevant period for balancing under the Network Code) taking such measures as may be available to the Licensee, in particular, measures:
balancing means (in relation to a Network Operator and its network and any relevant period for balancing under the Network Operator's network code), taking such measures as may be available to the Licensee, in particular, measures:

More Definitions of balancing

balancing means all actions and processes, in all timelines, through which transmission system operators ensure, in a continuous way, maintenance of the system frequency within a predefined stability range and compliance with the amount of reserves needed with respect to the required quality;
balancing means (in relation to the Network and relevant period for balancing under the Network Code) taking such measures as may be available to the Licensee, in particular measures:(i) for managing the relationship between deliveries of gas to and offtakes from the Network during that period; and (ii) to maintain pressures in the Network at all levels; which will in the reasonable opinion of the Licensee,ensure the safety and efficiency of the Network in that or any subsequent relevant period;
balancing for electricity means balancing as defined in Article 2, point (10) of Regulation (EU) 2019/943 of the European Parliament and of the Council*;
balancing means the reconciliation of differences in the amounts of gas received by the pipeline transporter(s) from the producer or Broker, by the Company from the pipeline transporter(s), and/or by the Buyer from the Company.
balancing denotes the assignment of the exit point to a balancing group of the FUEL GAS SELLER, the balancing by the market area manager and the costs of the balancing.
balancing means balancing as defined in point (10) of Article 2 of Regulation (EU) 2019/943;
balancing means (in relation to the Network and relevant period for balancing under the Network Code) takingsuch measures as may be available to the Licensee, in particular measures:(i) for managing the relationship between deliveries of gas to and offtakes from the Network during that period; and