Balancing Services definition

Balancing Services means the services carried out by the Balancing Operator in accordance with the Balancing Agreement and the Balancing Code.

Balancing Services means balancing energy or balancing capacity, or both;

Balancing Services means the Balancing Services used in Special Condition C16 of a Transmission License;

Examples of Balancing Services in a sentence

• ABSVD covers a subset of the Balancing Services that we intend to procure.

• The purpose of the Procurement Guidelines is to set out the kinds of Balancing Services which we may be interested in purchasing, together with the mechanisms by which we envisage purchasing such Balancing Services.

• If specified as applying in Section B of Part I (Individual Terms), this Agreement additionally governs the provision of Balancing Services by the Buyer to the Seller.

• This is determined as the sum across the energy account of the Balancing Services volume for each BM unit, multiplied by the applicable loss factor, as specified in Section T, paragraph 4.6.2 of the Balancing and Settlement Code.

• Such updates shall reflect adjustments for under or over collections and adjustments to the projected cost of Balancing Services based upon more current versions of the same sources of data and using the same methods to project the Balancing Service Costs approved by the PUC in the Company’s most recent annual proceeding for recovery of Balancing Service Costs under section 1307 (f) of the Public Utility Code.

More Definitions of Balancing Services

Balancing Services means the services provided or procured by the Buyer to enable the Seller to meet its obligations under the connection or use of system agreements with the Network Operator for the Facility (and the Balancing Responsible Party under the Balancing Responsible Agreement) in respect of Balancing. For the avoidance of doubt, the services shall include:

Balancing Services means Balancing Services as used in Special Condition C16 of a Transmission License granted under the Electricity Act 1989;

Balancing Services means either or both balancing energy and balancing capacity;

Balancing Services has the meaning attributed to it in the Company’s Transmission Licence;

Balancing Services means any services procured by the transmission system operator in order to balance demand and supply, and to ensure the security and quality of electricity supply, across the national transmission system for Great Britain;

Balancing Services means purchased reserve power and activated electricity that the electricity transmission system operator uses to balance the system;

Balancing Services means services provided to a TSO via a contract for Flexible Gas which is not a Short Term Standardised Product.