Balancing Services Activity definition

Balancing Services Activity has the meaning attributed to it in the ESO’s Transmission Licence;
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Balancing Services Activity has the meaning given to it in the Transmission Licence;
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Balancing Services Activity means the activity undertaken by the licensee as
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Examples of Balancing Services Activity in a sentence

  • Special Condition 4C: Balancing Services Activity Revenue Restriction Scheme DurationThe proposed modifications are intended to update the targets and parameters which are used to incentivise NGET when carrying out its balancing services activities.

  • MTt which is a target for Balancing Services Activity incentivised external costs in respect of Relevant Year t, has the value specified against the relevant value of IBCt for the Relevant Year t in the column headed MTt in Table 3 in paragraph 4C.4629.IBCt which is the cost of balancing services on which the licensee is incentivised during Relevant Year t, which is calculated in accordance with the formula given in paragraph 4C.12.

  • The effect of these modifications is to improve clarity and ease of use of the Special Condition which relate to the Revenue Restrictions Conditions.Special Condition 4C: Balancing Services Activity Revenue Restriction on External Costs Scheme Duration The proposed modifications are intended to update the targets and parameters which are used to incentivise NGET when carrying out its balancing services activities.

  • Appendix 2 – Comments on Licence Drafting Special Condition [X]: Balancing Services Activity Revenue Adjustment on External Costs 1.

  • MTt which is a target for Balancing Services Activity incentivised external costs in respect of Relevant Year t, has the value specified against the relevant value of IBCt for the Relevant Year t in the column headed MTt in Table 3 in paragraph 4C.39.

  • Restriction of System Operator Internal Revenue 91Special Condition 4B: Balancing Services Activity Conditions: Interpretation 96Special Condition 4C: Balancing Services Activity Revenue Restriction on External Costs 97Special Condition 4D: Not used 103Special Condition 4E: Not used 104Special Condition 4F: Not used 105Special Condition 4G: Black Start Allowed Revenue 106Special Condition 4H: Not used 111Special Condition 4I: Requirement to Report on System Transmission Losses 112Special Condition 4J.

  • When the Company sells retail installment contracts, personal loans or leases to unrelated third parties or to VIEs and determines that such sale meets the applicable criteria for sale accounting, the Company recognizes a gain or loss for the difference between the cash proceeds, retained securities, and carrying value of the assets sold.

  • Special Condition AA5E: Duration of the Balancing Services Activity Revenue Restriction [x].

  • This is the challenge for good governance – to help people making economic plans to break through these barriers, and in so doing make it more likely that local bodies can meaningfully pursue, and “deliver”, local growth.

  • 𝐾𝑡 = (𝑆𝑂𝑇𝐴𝑅𝑡−1 − 𝑆𝑂𝑇𝑅𝑅𝑡−1) ∙ (1 + 𝐼𝑡−1 + 1.15%) where: SOTARtmeans the value derived in Part A;SOTRRtmeans the total revenue collected by the licensee from the Balancing Services Activity; andItmeans the average value of SONIA in Regulatory Year t.


More Definitions of Balancing Services Activity

Balancing Services Activity means the activity undertaken by the licensee as part of the
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Balancing Services Activity means the activity, as part of the transmission business, of procuring and using balancing services for the purpose of balancing the licensee’s transmission system.
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Balancing Services Activity means the activity undertaken by the licensee as part of the transmission business including the co- ordination and direction of the flow of electricity onto and over the national electricity transmission system, the procuring and using of balancing services for the purpose of balancing the national electricity transmission system and for which the licensee is remunerated under Part 2 of special condition AA5A (Revenue restriction provision) and Special Condition 4A (Restriction of System Operator internal revenue) of the licensee's transmission licence.
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Related to Balancing Services Activity

  • Interconnection Service(s) means any Interconnection, Resale Services, 251(c)(3) UNEs, Collocation, functions, facilities, products or services offered under this Agreement.

  • The Services means those services ancillary to the supply of the Goods, such as transportation and insurance, and any other incidental services, such as installation, commissioning, provision of technical assistance, training, and other such obligations of the Supplier covered under the Contract.

  • Related Services means the services incidental to the supply of the goods, such as insurance, delivery, installation, commissioning, training and initial maintenance and other such obligations of the Supplier under the Contract.

  • Ancillary Services means those services that are necessary to support the transmission of capacity and energy from resources to loads while maintaining reliable operation of the Transmission Provider’s Transmission System in accordance with Good Utility Practice.

  • Transition Services Agreement means the transition services agreement substantially in the form attached hereto as Exhibit B.

  • Cloud Services means SAP’s then-current cloud services offered under and described in detail in the applicable SAP PartnerEdge Model.

  • Hosted Services means the hosting, management and operation of the computing hardware, ancillary equipment, Software, firmware, data, other services (including support services), and related resources for remote electronic access and use by the State and its Authorized Users, including any services and facilities related to disaster recovery obligations.