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

• For the period of force majeure, Fingrid shall not pay compensation in accordance with these terms to the Balancing Service Provider, nor shall the Balancing Service Provider be subject to sanctions under these terms for unmaintained reserve capacity.

• If a Balancing Service Provider has approved capacity for the FCR Yearly Market, the Balancing Service Provider shall submit to Fingrid an hourly reserve plan con- cerning the reserve capacities in the hours of the following day in the CET/CEST time zone.

• Fingrid is entitled to publish the names of the Balancing Service Providers that par- ticipate in the FCR Market.

• The plans shall be submitted in accordance with Fingrid’s guideline, Fingrid’s 3 If a Balancing Service Provider so wishes, it can allocate only some of its Reserve Units to the FCR Yearly Market, in which case the Balancing Service Provider can only use such Reserve Units in the FCR Yearly Market (the portfolio model).

• The Balancing Service Provider shall promptly inform Xxxxxxx in writing of the occur- rence of force majeure and its estimated duration as well as its end.

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 means a service provided to a transmission system operator via a contract for gas required to meet short term fluctuations in gas demand or

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 provided to a transmission system operator via a contract for flexible gas which is not a short term standardised product referred to in Article 9(3).