Balancing Settlement definition

Balancing Settlement means the modification by the Balancing Operator of the Market Balancing Position and of the Network User Balancing Position in order to bring the Market Balancing Position within the Market Threshold (Within-day) or to zero (End-of-Day).
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Examples of Balancing Settlement in a sentence

  • Tariff changes adopted by the April 29th First Daily Balancing Settlement were approved by Decision (D.) 16-06-021, implemented on June 1, 2016, and were to remain effective through November 30, 2016.

  • On October 20, 2016, SoCalGas and other settling parties filed a joint motion for approval of the Second Daily Balancing Settlement Agreement.

  • EBSPh,z Excess Balancing Settlement Price (EBSPh,z) – hourly value per Zone; determined in accordance with 3.2.3; expressed in €/kWh. The Excess Balancing Settlement Price (EBSPh,z) will be published for each within-day Market Excess on the Electronic Data Platform of the Balancing Operator.

  • DiscussionThe Second Daily Balancing Settlement Agreement contains modifications to SoCalGas’ operational flow order protocols that are responsive to the operational constraints at Aliso Canyon.

  • The following provisions shall govern the use of professional leave.

  • The Joint Parties note that A.18-07-024 includes a new proposed relianility framework that will be critiqued by the Parties..16 SoCalGas and SDG&E argue that the provisions of the Second Daily Balancing Settlement should only be extended for an additional 12 months.

  • EBSPh,z Excess Balancing Settlement Price (EBSPh,z) – hourly value per Zone; determined in accordance with 3.2.3; expressed in €/kWh.The Excess Balancing Settlement Price (EBSPh,z) will be published for each within-day Market Excess on the Electronic Data Platform of the Balancing Operator.

  • SoCalGas and SDG&E noted that they were not opposed to extending the terms of the Second Daily Balancing Settlement, but stress that there are a multitude of proceedings for the Commission and the parties to work to address system operations in holistic manner.

  • Therefore, we conclude that it is appropriate to extend the Second Daily Balancing Settlement Agreement beyond November 30, 2018.

  • The second joint petition requested modification of D.16-12-015 (as modified by D.17-03-020 to extend the termination date of the Second Daily Balancing Settlement from November 30, 2017 to November 30, 2018.

Related to Balancing Settlement

  • Master Settlement Agreement means the settlement agreement and related documents entered into on November 23, 1998, by the state and leading United States tobacco product manufacturers.

  • Day-ahead Settlement Interval means the interval used by settlements, which shall be every one clock hour.

  • Net Settlement Amount means the Gross Settlement Amount, less the following payments in the amounts approved by the Court: Individual PAGA Payments, the LWDA PAGA Payment, Class Representative Service Payment, Class Counsel Fees Payment, Class Counsel Litigation Expenses Payment, and the Administration Expenses Payment. The remainder is to be paid to Participating Class Members as Individual Class Payments.

  • Individual Settlement Payment means the amount payable from the Net

  • Energy Settlement Area means the bus or distribution of busses that represents the physical location of Network Load and by which the obligations of the Network Customer to PJM are settled. Energy Storage Resource: