Balancing System Charge definition

Balancing System Charge means BSUoS Charges net of RCRC Credits;
Balancing System Charge. Balancing System Charge Difference”; “Balancing System Charge Report”; “Balancing System Charge Report Year”; “Balancing System Charge Review Period”; “Balancing System Charge Strike Price Adjustment”; “BSUoS Charges; “Indexed Initial Balancing System Charge”; “Initial Balancing System Charge”; “Initial Balancing System Charge Window”; “Initial TLM(D) Charge”; “RCRC Credits”; “TLM(D)”; “TLM(D) Charges Difference”; “TLM(D) Charges Report”; “TLM(D) Charges Report Year”; “TLM(D) Charges Review Period”; and “TLM(D) Strike Price Adjustment”; and, if such definitions are so disapplied, any reference to any of the foregoing definitions in any other definition shall be disregarded.

Examples of Balancing System Charge in a sentence

  • Currently, generators with a CfD who pay BSUoS charges are protected against increases in the cost of these charges over and above the Initial Balancing System Charge set in the contract before actual balancing charges are known.

  • This is to be equal to the “Initial Balancing System Charge Window” applicable to the Facility Generation Technology listed in Table M of the CfD Standard Terms Notice issued on 15 August 2014 by the Secretary of State for Energy and Climate Change.

  • The Balancing System Charge Strike Price Adjustment (“BSCSP”) feeds into the Strike Price Indexation Adjustment formula performed each year by LCCC.

  • In the absence of outturn information, an illustrative assumption that the sum of the Balancing System Charge Strike Price Adjustments (“∑BSCSPA”) increases each year by£0.5/MWh from the 2020/21 period (and so would be £1.5 in 2023/24).

  • On the basis that the contractual dispute between the parties was a matter that could have been raised on an application by the respondent to set aside the applicant’s statutory demand the respondent requires leave under s 459S to pursue this claim on this application.

  • The formulae7 that would be applied were CMP308 to be implemented uses the Initial Balancing System Charge in Base Year terms (“Ibase”).

  • The chemical makeup or other factors about the composition of a particular waste typically determine whether or not it exhibits a hazardous characteristic.

  • In addition, a third example is presented (Example C), which explains how the Balancing System Charge Strike Price Adjustment (“BSCSP”) mechanism operates.

  • The Actual Balancing System Charge is as calculated as (Total BSUoS Charges - Total net RCRC Credits) / Total BSUoS Generator Metered Output.

  • Deducting the Initial Balancing System Charge also removes the portion of the initial strike price that we expect generators to have included in their strike prices when bidding.

Related to Balancing System Charge

  • Service Charge means the amount charged for making a service available on line and is in addition to the actual fee for a service itself. For example, one who renews a license on line will pay the license renewal fee and a service charge.

  • Connection Charge is the sum payable by the Communications Provider in accordance with the Openreach Price List for provisioning of the Service;

  • Metering System means all meters and metering devices (including current transformers and potential transformers) installed by the Company and uses to measure Electricity and delivery by the Company and receipt by the BPDB of Net Energy Output. The Metering System shall be owned and maintained by the Company.

  • Room charge means the charge imposed for the use or occupancy of a room, excluding charges for food, beverages, state use tax, telephone service, or like services paid in connection with the charge, and excluding reimbursement of the assessment imposed by this act.

  • Signaling System 7 (SS7) means a signaling protocol used by the CCS Network.

  • Signaling System 7 (SS7 means a signaling protocol used by the CCS Network.

  • Access Charge has the meaning set out in Clause 6.1;

  • Transition charge means a nonbypassable rate or charge to be imposed on a customer to pay

  • Installation Charges means those Charges set out in the Order in relation to installation of the Service and/or any Purchased Equipment, Customer Equipment and/or BT Equipment as applicable.

  • Monthly Charge shall have the meaning set forth in Article 5.

  • balancing means (in relation to the Network and any relevant period for balancing under the Network Code) taking such measures as may be available to the Licensee, in particular, measures:

  • Bond Service Charges means, for any period or payable at any time, the principal of, premium, if any, and interest on the Bonds for that period or payable at that time whether due at maturity or upon redemption, Mandatory Tender or acceleration.

  • Net metering system means a facility for the production of electrical energy that does all of the following:

  • Billing System means a system to issue Invoices relating to charges payable by each party under an Access Agreement;

  • smart metering system means an electronic system that can measure energy consumption, providing more information than a conventional meter, and can transmit and receive data for information, monitoring and control purposes, using a form of electronic communication;

  • Plumbing system means water supply distribution and disposal piping on the premises, including appliances and equipment attached thereto, between their connection points to a public or private system.

  • Resource Substitution Charge means a charge assessed on Capacity Market Buyers in an Incremental Auction to recover the cost of replacement Capacity Resources.

  • Operating System refers to the software that manages Hardware for Programs and other software.

  • Service Charges means the fees levied by the municipality in terms of its tariff policy for any municipal services rendered in respect of an immovable property and includes any penalties, interest or surcharges levied or imposed in terms of this policy.

  • Interconnection Service Agreement means an agreement among the Transmission Provider, an Interconnection Customer and an Interconnected Transmission Owner regarding interconnection under Tariff, Part IV and Tariff, Part VI.

  • Interconnection Service means the physical and electrical interconnection of the Customer Facility with the Transmission System pursuant to the terms of Tariff, Part IV and Tariff, Part VI and the Interconnection Service Agreement entered into pursuant thereto by Interconnection Customer, the Interconnected Transmission Owner and Transmission Provider. Interconnection Service Agreement:

  • Maintenance Schedule means a document which describes the specific scheduled maintenance tasks and their frequency of completion necessary for the safe operation of those aircraft to which it applies;

  • Annual Service Charge for any period means the aggregate interest expense for such period in respect of, and the amortization during such period of any original issue discount of, Indebtedness of the Issuer and its Subsidiaries.

  • Monthly Charges means a finance carrying charge of one and one-half of one percent (1.5%) and a storage and handling charge of one-half of one percent (0.5%), in each case of the Cost of the Inventory and/or Special Inventory and/or of the fees for the Product affected by the reschedule or cancellation (as applicable) per month until such Inventory and/or Special Inventory and/or Product is returned to the vendor, used to manufacture Product or is otherwise purchased by Customer.

  • Surplus Interconnection Service means any unneeded portion of Interconnection Service established in an Interconnection Service Agreement, such that if Surplus Interconnection Service is utilized, the total amount of Interconnection Service at the Point of Interconnection would remain the same. Switching and Tagging Rules:

  • Gathering System means that portion of Gatherer’s pipeline system, including all appurtenances thereto, related to the provision of gathering and transportation services provided by Gatherer pursuant to this tariff.