BM Unit Metered Volume definition

BM Unit Metered Volume. “Boundary Point”, “BSC Agent”, “BSC Company”, “Clock Change Day”, “Code Subsidiary Document”, “Communications Equipment”, “Credited Energy Volume”, “Daily Party Energy Imbalance Cashflow”, “Material Change”, “Metering Equipment”, “Metering System”, “MSID”, “Registrant”, “Residual Cashflow Reallocation Cashflow”, “Settlement Run”, “Trading Dispute” and “Trading Unit” have the meanings given to such terms in the BSC, save that references to Metering Equipment within the definition of “Material Change” shall be replaced by references to Facility Metering Equipment.
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BM Unit Metered Volume has the meaning given to that term in the Balancing and Settlement Code;
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BM Unit Metered Volume. “BSC Company”, “Clock Change Day”, “Code of Practice”, “Code Subsidiary Documents”, “Credited Energy Volume”, “Metering Equipment”, “MSID”, “Registrant”, “Residual Cashflow Reallocation Cashflow”, “Settlement Run”, “Supplier”, “Trading Disputes”, “Trading Units” and “Transmission Loss Multiplier” have the meanings given to such terms in the BSC.
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Examples of BM Unit Metered Volume in a sentence

  • Within the BM for each settlement period active transmission losses is defined as the difference between the absolute metered volumes of all delivering Trading Units and offtaking Trading Units [66].+ −TransmissionLosses = ∑QMij + ∑QMij(3-3) QMij is the BM Unit Metered Volume for a BM Unit i in settlement period j.+∑is the sum over all BM Units that are part of delivering Trading Units (has +vevalue).−∑ is the sum over all BM Units that are part of offtaking Trading Units (has –vevalue).

  • Within the BM for each settlement period active transmission losses is defined as the difference between the absolute metered volumes of all delivering Trading Units and offtaking Trading Units [66].+ −TransmissionLosses = ∑QMij + ∑QMij(3-3) QMij is the BM Unit Metered Volume for a BM Unit i in settlement period j.+∑ is the sum over all BM Units that are part of delivering Trading Units (has +vevalue).−∑ is the sum over all BM Units that are part of offtaking Trading Units (has –vevalue).

  • If the Offtaker is the Registrant of the Facility Metering Equipment, the Offtaker shall ensure that the BM Unit or Additional BM Unit for the Facility accurately records the BM Unit Metered Volume in accordance with the requirements of the BSC.

  • The classification as an import or export affects the treatment of the BM Unit Metered Volume for purposes of transmission loss factor application, and revenue surplus reallocation (see section 10 below).

  • For Supplier BM Units the TLM-Adjusted BM Unit Gross Demand is defined as:TLM-Adjusted BM Unit Gross Demand = – TLMij * BM Unit SVA Gross Demandwhere BM Unit SVA Gross Demand is the value received from the SVAA for that BM Unit and Settlement Period.2. For BM Units (other than Supplier BM Units and Interconnector BM Units) which have a BM Unit Metered Volume less than zero in a given Settlement Period the TLM-Adjusted BM Unit Gross Demand is defined as:TLM-Adjusted BM Unit Gross Demand = TLMij * QMij3.

  • This interface should contain, as a minimum:Settlement Date, Supplier Id, BM Unit Id and BM Unit Metered Volume before allocation to Single BM Unit, for all BM Units allocated to the Single BM Unit.This represents a change to SVAA reporting functionality and a potential change to the Data Transfer Catalogue.

  • In order to rectify upheld claims ELEXON would manually calculate the difference between the BM Unit Metered Volume and the expected export quantity for the period of neutrality (based on the Physical Notification submitted to National Grid before the Plant began switching, or another value agreed by the Panel).

  • Therefore, by reducing the magnitude of the BM Unit Metered Volume of the Supplier BM Unit, the Exemptable Generating Plant reduces the allocation of transmission losses, in addition to reducing the BSCCo and Balancing Services Use of System (BSUoS) charges.

  • P123 was implemented on 27 February 2004.The Lead Party of a BM Unit is required (pursuant to Section K3.4.1b) to notify to the Central Registration Agent (CRA) the expected maximum magnitude of the negative BM Unit Metered Volume (QMij) for each BM Unit for each BSC Season2.

  • BM Unit If the Offtaker is the Registrant of the Facility Metering Equipment, the Offtaker shall ensure that the BM Unit or Additional BM Unit for the Facility accurately records the BM Unit Metered Volume in accordance with the requirements of the BSC.

Related to BM Unit Metered Volume

  • Committed Volume means, with respect to a Committed Shipper, the minimum daily volume of Crude Petroleum set out in Schedule A to the Committed Shipper’s TSA.

  • Service Volume means a measure of Services for which a Performance Target is set.

  • Receipt Point means the receipt/inception point(s) where Crude Oil is received into the Gathering System, as such points are specified in Section II of this tariff.

  • Receipt Point(s) means the receipt points set forth in Section 6 of this Toll Schedule.

  • Contract Quantity means the quantity of Delivered Energy expected to be delivered by Seller during each Contract Year as set forth in the Cover Sheet.

  • Net metering period means the 12-month period following the date of final interconnection of the

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

  • Delivery Points means: (i) for natural gas transported by interstate pipelines, the city gate stations of your Utility, and (ii) for electricity, one or more points at which Company, as your agent, has arranged for the delivery of electricity to a third party (such as your Utility) for your account or at your premises.

  • Runoff volume means the volume of water that runs off the land development project from a prescribed storm event.

  • Delivery Point means the point(s) of connection(s) at which energy is delivered into the Grid System i.e. the Interconnection Point.

  • Net metering customer means a customer of the electric distribution company

  • Supply Point means the point of connection between the licensed network and your apparatus or equipment.

  • Meet-Point Billing (MPB means the billing associated with interconnection of facilities between two (2) or more LECs for the routing of traffic to and from an IXC with which one of the LECs does not have a direct connection. In a multi-bill environment, each Party bills the appropriate tariffed rate for its portion of a jointly provided Switched Exchange Access Service.

  • Net Metering Net metering refers to customers who sell electricity they produce, typically through a rooftop solar panel, back to the utility for credit. If you are a net metering customer, you should not enroll with XOOM because your net metering agreement will not transfer to XOOM once you enroll.

  • Limited Resource Price Decrement means, for the 2017/2018 Delivery Year, a difference between the clearing price for Limited Demand Resources and the clearing price for Extended Summer Demand Resources and Annual Resources, representing the cost to procure additional Extended Summer Demand Resources or Annual Resources out of merit order when the Limited Resource Constraint is binding.

  • Network Supply Point or "NSP" means any Point of Connection between:

  • Cubic foot of gas or “Cubic feet of Gas” means the volume of Gas contained in one (1) cubic foot of space at a standard pressure of fourteen and seventy-three hundredths pounds per square inch absolute (14.73 psia) as required by this Agreement and at a temperature of sixty degrees (60°) Fahrenheit.

  • Residual Metered Load means all load remaining in an electric distribution company’s fully metered franchise area(s) or service territory(ies) after all nodally priced load of entities serving load in such area(s) or territory(ies) has been carved out.

  • Demarcation Point means the point where Qwest owned or controlled facilities cease, and CLEC, End User Customer, premises owner or landlord ownership or control of facilities begin. "Designed, Verified and Assigned Date" or "DVA" means the date on which implementation groups are to report that all documents and materials have been received and are complete.