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

  • There will be an annual election each year for Suppliers whose Pool MDQ is greater than or equal to 1,000 Dth/day and less than 6,000 Dth/day to elect, on or before January 15th each year, either Rider FBS (Firm Balancing Service), Sheet No. 75 or Rider EFBS (Enhanced Firm Balancing Service), Sheet No. 74, to be effective on April 1st each year.

  • During the summer months of April through October, the Company’s Firm Transportation capacity shall be reduced by the Company’s maximum daily injection rights on Columbia Gas Transmission’s Firm Storage Service for purposes of determining the pro-rata share for suppliers that are receiving Firm Balancing Service (FBS) rather than Enhanced Firm Balancing Service (EFBS).


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 Parking Service or an interruptible Loan Service, as the case may be, and shall be so defined depending on the quantity of gas held or owed by Union on behalf of Shipper in the Balancing Account;
Balancing Service. , shall mean the provision of contracted reserve capacity and / or balancing energy used by the Transmission System Operator to perform balancing.
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 operating under market rules, intended to contribute to the security of the electricity system and to provide a price reference for the settlement of imbalances; "Electricity Sector" means all the structures, works and industrial activities carried out in the ECOWAS region, related to the production, transmission, transit, distribution, storage, marketing, import and export of electricity;