Deemed Metered Volumes definition

Deemed Metered Volumes or “DMV” means volumes of energy allocated to Participants’ Energy Accounts by BritNed calculated using the rules in Schedule 5;
Deemed Metered Volumes or “DMV” means volumes of energy allocated to Registered ParticipantsEnergy Accounts by The Allocation Platform calculated using the rules in Schedule 5;

Examples of Deemed Metered Volumes in a sentence

  • The Allocation Platform will calculate the Deemed Metered Volumes for each Registered Participant for each direction for each Settlement Period in each Contract Day and allocate those amounts to the Energy Accounts of Registered Participants in accordance with this Annex.

  • The Allocation Platform will apply a Loss Factor (“LF”) to calculate each Registered Participant’s share of the losses, and Deemed Metered Volumes in accordance with paragraph 4.

  • BritNed will apply a Loss Factor (“LF”) to calculate each Participant’s share of the DC losses on the Interconnector and apply this to Deemed Metered Volumes in accordance with paragraph 4 (Adjustment for DC Losses).

  • The Allocation Platform will apply a Loss Factor (“LF”) to calculate each Registered Participant’s share of the DC losses on the Interconnector and apply this to Deemed Metered Volumes in accordance with paragraph 4.

  • The Allocation Platform will apply a Loss Factor (“LF”) to calculate each Registered Participant’s share of the losses and apply this to Deemed Metered Volumes in accordance with paragraph 4.

  • BritNed will apply a Loss Factor (“LF”) to calculate each Participant’s share of the losses and apply this to Deemed Metered Volumes in accordance with paragraph 4.

  • Deemed Metered Volumes 2.1 For each Settlement Period, the Deemed Metered Volume of each Registered Participant is equal to the net of the Long Term, Day Ahead and Intraday Mid North Sea Nominations (as amended by any Curtailment) of that Registered Participant for that Settlement Period integrated over the Settlement Period to give a MWh figure in the net direction (and zero in the other).

  • Introduction 1.1 The Allocation Platform will calculate the Deemed Metered Volumes for each Registered Participant for each direction for each Settlement Period in each Contract Day and allocate those amounts to the Energy Accounts of Registered Participants in accordance with this Schedule 3.

  • BritNed will apply a Loss Factor (‘LF’) to calculate each Participant’s share of the losses and apply this to Deemed Metered Volumes in accordance with Schedule 5 of the BritNed Access Rules.

  • Introduction 1.1 The Allocation Platform will calculate the Deemed Metered Volumes for each Registered Participant for each direction for each Settlement Period in each Contract Day and allocate those amounts to the Energy Accounts of Registered Participants in accordance with this Schedule 2.

Related to Deemed Metered Volumes

  • 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.

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

  • 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.

  • 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.

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

  • 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.

  • 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.

  • 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.

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

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

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

  • Unmetered Load means electricity consumed on the Network that is not directly recorded using Metering Equipment, but is calculated or estimated in accordance with the Code;

  • 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.

  • Residue Gas means that portion of all Gas, as measured at the tailgate of the Gas Plant, remaining after the extraction therefrom of Plant Products, Gas Plant and field fuel requirements, and Gas Plant and field losses or uses of Gas at the Gas Plant.

  • 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.

  • Meet-Point Billing (MPB) refers to the billing associated with interconnection of facilities between two 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.

  • Cubic foot of gas means the amount of gas required to fill a cubic foot of space when the gas is at an absolute pressure of fourteen and seventy-three hundredths (14.73) pounds per square inch at a temperature of sixty (60) degrees Fahrenheit.

  • Carbon dioxide equivalent or “CO2 equivalent” or “CO2e” means the number of metric tons of CO2 emissions with the same global warming potential as one metric ton of another greenhouse gas. Global warming potential values shall be determined consistent with the definition of Carbon Dioxide Equivalent in MRR section 95102(a).

  • Meter means a device which records the demand and/or the electrical energy consumed and includes conventional and prepayment meters;

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

  • MMBtu means one million British Thermal Units.

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

  • Carbon dioxide or “CO2” means the most common of the six primary greenhouse gases, consisting on a molecular level of a single carbon atom and two oxygen atoms.

  • Entry Point means a point just downstream of the final treatment operation, but upstream of the first user and upstream of any mixing with other water. If raw water is used without treatment, the “entry point” is the raw water source. If a PWS receives treated water from another PWS, the “entry point” is a point just downstream of the other PWS, but upstream of the first user on the receiving PWS, and upstream of any mixing with other water.

  • Crude Oil means any liquid hydrocarbon mixture occurring naturally in the earth whether or not treated to render it suitable for transportation and includes:

  • INTER-CONNECTION POINT/ DELIVERY/ METERING POINT means a single point at 220kV or above, where the power from the Project(s) is injected into the identified ISTS Substation (including the dedicated transmission line connecting the Projects with the substation system) as specified in the RfS document. Metering shall be done at this interconnection point where the power is injected into. For interconnection with grid and metering, the WPDs shall abide by the relevant CERC/ SERC Regulations, Grid Code and Central Electricity Authority (Installation and Operation of Meters) Regulations, 2006 as amended and revised from time to time.