Daily Imbalance Quantity definition

Daily Imbalance Quantity means the difference between the allocated Gas Quantities supplied and off-taken by a User at the end of a Gas day, for which the User is responsible, adjusted by the Quantity of gas provided for operational needs in kind.
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Daily Imbalance Quantity means an Initial Daily Imbalance Quantity or a Revised Daily Imbalance Quantity or a Final Daily Imbalance Quantity, as the case may be;
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Daily Imbalance Quantity means the difference in Inputs and Off-takes for a Network User's Portfolio for a Gas Day.
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Examples of Daily Imbalance Quantity in a sentence

  • The Shipper shall be bound to pay or be entitled to receive (as appropriate) daily imbal- ance charges in relation to his Daily Imbalance Quantity for each Gas Day.

  • To calculate daily imbalance charges for each Shipper, Energinet shall multiply the Ship- per’s Daily Imbalance Quantity by the applicable price determined in accordance with below.

  • Energinet calculates a Daily Imbalance Quantity for each Shipper for each Gas Day in accordance with the following formula: Daily Imbalance Quantity = deliveries – offtakes.

  • A User may not, by means of a nomination or re-nomination, intentionally create a Preliminary Daily Imbalance Quantity with a view to utilize a commercial opportunity.

  • A User shall be obliged to pay the daily imbalance charge if the Daily Imbalance Quantity is negative (“ Negative Daily Imbalance Charge“).

  • The TSO shall, by the tenth (10th) calendar day of every calendar month submit to the User a monthly report containing a summary of the Quantity of gas transmitted for the preceding calendar month, a summary of the provided Additional Services, if they were provided in the relevant month, and Daily Imbalance Quantity.

  • The TSO shall maintain a System Imbalance account, recording on an ongoing basis, the Preliminary Daily Imbalance Quantities of Users, and/or their Daily Imbalance Quantity at the end of a Gas Day and the Gas Quantity resulting from the balancing actions carried out.

  • When adjusting nominations pursuant to Article 8.3.6, the TSO shall adjust the nominations in proportion to the quantity of Preliminary Daily Imbalance Quantity of individual Users.

  • A User shall receive the daily imbalance charge if the Daily Imbalance Quantity is positive (“Positive Daily Imbalance Charge“).

  • The TSO shall deliver to the User an invoice for negative Daily Imbalance Quantity in two (2) copies within five (5) Business Days of the end of the relevant billing period.


More Definitions of Daily Imbalance Quantity

Daily Imbalance Quantity means, in respect of a GTA, for each Day, the total Allocated Quantity at the Entry Point minus the total Allocated Quantity at the Exit Point.
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Daily Imbalance Quantity means the gas quantity (expressed in kWh) for which a network user shall pay or receive daily imbalance charges on each gas day.
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Daily Imbalance Quantity means the difference, each Day, between the total energy (GJ) contained in the Gas which was received by a Customer Account in such Day, and the total energy (GJ) contained in the Gas which was delivered from that Customer Account in such Day, inclusive of adjustments for Unaccounted For Gas, Fuel Gas, previous Day closing imbalance, and Actual Variance. The Daily Imbalance Quantity may be qualified as “Estimated” when some, or all, estimated data are used in the calculation, or “Actual” when only actual data are used in the calculation.
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Daily Imbalance Quantity has the meaning given to such term in the GTA. “Documents” shall have the meaning given such term in Section 12.2.
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Daily Imbalance Quantity means the difference in inputs and off-takes for a shipper's portfolio for a gas day.
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Daily Imbalance Quantity means the difference, each Day, between the total number of joules contained in the Gas which was received by a Customer
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Related to Daily Imbalance Quantity

  • Daily Quantity means the quantity of waste discharged during an operating day.

  • Daily Contract Quantity or “DCQ” means the quantity of Gas as set out in Clause 4.1 herein.

  • Type B quantity means a quantity of radioactive material greater than a Type A quantity.

  • Maximum Daily Quantity means the daily volume of Gas or Liquids, expressed in 103m3, identified in a Shipper's Interruptible Transportation Service Agreement that Transporter agrees to receive from Shipper under Toll Schedule Interruptible Full Path Service, Toll Schedule Interruptible Receipt Service or Toll Schedule Interruptible Delivery Service, as applicable.

  • Contract Quantity means the quantity of Delivered Energy expected to be delivered by Seller during each Contract Year as set forth in Section 3.1(e) and Cover Sheet Section D .

  • Type A quantity means a quantity of radioactive material, the aggregate radioactivity of which does not exceed A1 for special form radioactive material or A2 for normal form radio- active material, where A1 and A2 are given in Appendix O or may be determined by procedures described in Appendix O.

  • Reportable quantity means one of the following:

  • Monthly Volume means the product of the Committed Volume multiplied by the number of days in the relevant month.

  • Scheduled Quantity means the net quantity of Gas (being the difference between receipt and delivery nominations) agreed by MDL and the Welded Party to pass through (or, in the case of a Notional Welded Point, be deemed to have passed through) the relevant Welded Point for a Day.

  • Required Quantity in a unit price Contract shall mean the actual quantity of any item of Work or materials which is required to be performed or furnished in order to comply with the Contract.

  • Metered Quantity means apparent power, reactive power, active power, with associated time tagging and any other quantity that may be measured by a Party’s Metering Equipment and that is reasonably required by either Party for Security reasons or revenue requirements.

  • MMBtu means one million British thermal units.

  • Imbalance means the difference between Deliveries to KUB for a Customer and Redeliveries by KUB to the Customer.

  • Product Group or “the Group” means a group of lotteries that has joined together to offer a product pursuant to the terms of the Multi-State Lottery Agreement and the Product Group’s own rules.

  • Vapor balance system means a combination of pipes or hoses which create a closed system between the vapor spaces of an unloading tank and a receiving tank such that vapors displaced from the receiving tank are transferred to the tank being unloaded.

  • Imbalance Charges means any fees, penalties, costs or charges (in cash or in kind) assessed by a Transporter for failure to satisfy the Transporter's balance and/or nomination requirements.

  • 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.

  • 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.

  • Imbalances means over-production or under-production or over-delivery or under-delivery with respect to Hydrocarbons produced from the Properties, regardless of whether the same arise at the wellhead, pipeline, gathering system, transportation system, processing plant, or any other location, including any imbalances under gas balancing or similar agreements, production handling agreements, processing agreements, and/or gathering or transportation agreements.

  • Net salvage value means the salvage value of property retired less the cost of removal.

  • Volume Commitment means the volume of NGLs that a Committed Shipper has guaranteed to ship on the Pipeline pursuant to its TSA.

  • Gross Standard Volume as herein used means volume corrected to a temperature of sixty degrees (60°) Fahrenheit, in accordance with the latest API/ASTM measurement standards, and at equilibrium vapor pressure.