Balancing Service definition

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 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. As defined in the EU EBGL Guideline.

Examples of Balancing Service in a sentence

• Variable Energy Resource Balancing Service is required to help maintain the power system frequency at 60 Hz and to conform to NERC and WECC reliability standards.

• This rate is applicable to customers taking Balancing Service that commit to receive BPA’s 30-minute signal for each 15-minute schedule period (30/15 committed scheduling) and submit schedules that are consistent with the signal or that result in less imbalance for the scheduling period.

• This rate is applicable to customers taking Balancing Service that commit to receive BPA’s 30-minute signal for each 60-minute schedule period (30/60 committed scheduling) and submit schedules that are consistent with the signal or that result in less imbalance for the scheduling period.

• Customer’s TPS must demonstrate that it possesses Comparable Capacity or Standby Balancing Service sufficient to provide their Customers’ Unadjusted Average Daily Delivery Quantity, as defined under the TPS Service Classification, during the months of November through March.

• Variable Energy Resource Balancing Service (“VERBS” or “Balancing Service”) is comprised of three components: regulating reserves (which compensate for moment-to-moment differences between generation and load), following reserves (which compensate for larger differences occurring over longer periods of time during the hour), and imbalance reserves (which compensate for differences between the generator’s schedule and the actual generation during an hour).

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 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 providing reserve capacity contracted and/or balancing electricity, used by Transmission System Operator to perform the balancing.

Balancing Service means either an interruptible or firm Parking Service or an interruptible or firm Loan Service, as the case may be, and shall be so defined depending on the quantity of gas held or owed by Enbridge 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 means a service provided to a transmission system operator via a contract forgas required to meet short term fluctuations in gas demand or supply, which is not a short term standardised product;

Balancing Service means the action of providing Balancing Energy;