Daily Imbalance definition

Daily Imbalance means, for a particular Gas Day, the Shipper's Total Inlet Quantity minus the Shipper's Total Outlet Quantity for that Gas Day across all of its
Daily Imbalance means the daily volumetric variance between net receipts and allocated deliveries, adjusted for System Fuel.
Daily Imbalance has the meaning given in Section E paragraph 2.2 of the IUK Access Code;

Examples of Daily Imbalance in a sentence

  • At the end of any Gas Day, the Accumulated Imbalance is the Accumulated Imbalance at the end of the previous Gas Day plus the Shipper's Daily Imbalance on the Gas Day.

  • Before 13:00 hours on each Gas Day, except the Capacity Start Date, the Operator must provide to the Shipper notice (Accumulated Imbalance Notice) of its Accumulated Imbalance and Daily Imbalance at the end of the preceding Gas Day, and the amounts so notified must, subject to the Operator receiving the information necessary to make an allocation of Gas Deliveries or Receipts or both to shippers as contemplated in clause 6.4(c) be materially accurate.


More Definitions of Daily Imbalance

Daily Imbalance has the meaning given in Section E paragraph 2.2 of the Interconnector Access Code;
Daily Imbalance has the meaning given in clause 8.1.
Daily Imbalance means the amount calculated in accordance with clause 9.1.
Daily Imbalance means the daily volumetric variance between net receipts and allocated deliveries.
Daily Imbalance is defined in Section 7.5 of this Statement of Operating Conditions.
Daily Imbalance means the difference on a Day between a Shipper’s aggregate entry quantities of Natural Gas (including quantities of Natural Gas acquired at the PEG) and its aggregate exit quantities of Natural Gas (including quantities of Natural Gas disposed of at the PEG) in the TRF, such Daily Imbalance being negative if the aggregate exit quantities exceed the aggregate entry quantities and positive if the aggregate entry quantities exceed the aggregate exit quantities;
Daily Imbalance has the meaning given in Section E paragraph 2.2 of the IAC;