Energy Contract Volume Notification definition

Energy Contract Volume Notification means the BSC Agent for Energy Contract Volume Aggregation in accordance with Section E; means, in relation to any Settlement Period, a quantity (in MWh) of Active Energy as referred to in Section P2.3.2(a)(iv); means a person authorised under Section P and in accordance with Section J as Party Agent by a Contract Trading Party to submit Energy Contract Volume Notifications on its behalf; means a notification of Energy Contract Volumes in relation to Settlement Periods in any Settlement Day(s);
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Energy Contract Volume Notification. :‌ means a notification of Energy Contract Volume(s) in relation to Settlement Period(s) in any Settlement Day(s); "Metered Volume Reallocation Notification":‌ means a notification of a Metered Volume Reallocation in relation to Settlement Period(s) in any Settlement Day(s);
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Examples of Energy Contract Volume Notification in a sentence

  • Where both the counterparties specify the same ECVNA, this indicates a requirement to use the single notification process for that Authorisation.Currently two counterparties authorise one Energy Contract Volume Notification Agent (ECVNA) to notify on their behalf, utilising the process described in BSCP 71 ‘ECVNA and MVRNA Registration, Authorisation and Termination’.

  • Within this category Clearing Houses would be able to submit Energy Contract Volume Notifications (ECVNs or ‘notifications’) for their cleared trades in the role of an Energy Contract Volume Notification Agent (ECVNA) as currently, but would not be authorised to act in any other participation capacity.4 However, those Parties registering as Clearing Houses would receive two unique benefits as described in (b) and(c) below.

  • At its meeting of 20 September 2001, the BSC Panel reviewed the Initial Written Assessment of Modification Proposal P35 ‘Qualified ECVNAs’, raised by Automated Power Exchange (APX) (Reference 1).The Proposal seeks to introduce the concept of Energy Contract Volume Notification Agents (ECVNAs) who have met certain standards of independence, performance and auditability and are therefore granted ‘Qualified’ status.

  • The Alternative Modification for P17 seeks to provide an appropriate variant of the Forward Contract (7- Day) Report to the Energy Contract Volume Notification Agent (ECVNA) and the Metered Volume Reallocation Agent (MVRNA), containing the trades notified by the recipient Notification Agent, in order to enable them to identify and rectify errors and / or omissions in their notification submissions.

  • Energy Contract Volume Notification (ECVN) - A contract between two BSC Parties which notifies the ECVAA of the volumes of energy bought and sold between two Energy Accounts.

  • ELEXON subsequently met with the Proposer to further define the Modification Proposal.The intent of the Modification Proposal is to introduce ‘Qualified’ Energy Contract Volume Notification Agents (ECVNAs), who, in the event of an ECVNA failure, will be able to submit notifications received by them to the Energy Contract Volume Aggregation Agent (ECVAA).

  • At the time of restructuring, three out the five results indicators had been achieved (see Annex 9); 75% (100% of the credit and 68% of the grant) of the total amount had been disbursed and performance was rated satisfactory.

  • Can this be done differently, with more blockchain affinity?Here we merely have to take a look at Great Britain: The British electricity grid op- erator National Grid has developed the following process: As soon as two traders have completed a transaction, one of the two (the so-called ECVNA, Energy Contract Volume Notification Agent) reports the key data of the transaction to an agency of the TSO (the ECVAA, Energy Contract Volume Aggregation Agent).

  • Consulte las normas locales donde posiblemente encontrará instrucciones especiales para desecharlas.

  • It is important to use a fast training algorithm in order to reduce training times, especially when dealing with nonlinear ICA.

Related to Energy Contract Volume Notification

  • Rechargeable Electrical Energy Storage System (REESS) means the rechargeable energy storage system that provides electric energy for electrical propulsion.

  • Basic gas supply service means gas supply service that is

  • Energy year or "EY" means the 12-month period from June 1st

  • 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.

  • MONTHLY KILOMETREAGE STATEMENT CUM BILL means the format specified by the Company.

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

  • Contract Month means the expiry month January, February, March, April, May, June, July, August, September, October, November, .

  • Net energy billing means a billing and metering practice under which a customer-generator is billed on the basis of net energy over the billing period.

  • Interconnection Customer means a Generation Interconnection Customer and/or a Transmission Interconnection Customer.

  • Energy storage system means a system which stores energy and releases it in the same form as was input.

  • Interconnection Point means the point(s) of connection(s) at which the project is connected to the grid i.e. it shall be at 11 / 22 kV bus bar level of substation of MSEDCL.

  • Generation Interconnection Customer means an entity that submits an Interconnection Request to interconnect a new generation facility or to increase the capacity of an existing generation facility interconnected with the Transmission System in the PJM Region.

  • 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.

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

  • Attachment point means a point on the network at which network assets are connected to assets owned by another person.

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

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

  • Minimum Contract Value means 10% of the Maximum Contract Value.

  • Surplus Interconnection Customer means either an Interconnection Customer whose Generating Facility is already interconnected to the PJM Transmission System or one of its affiliates, or an unaffiliated entity that submits a Surplus Interconnection Request to utilize Surplus Interconnection Service within the Transmission System in the PJM Region. A Surplus Interconnection Customer is not a New Service Customer.

  • Water quality volume means the volume equal to the first one-half inch of runoff multiplied by the impervious surface of the land development project.

  • Gas supply service means the provision to customers of the

  • Net energy metering means measuring the difference, over the net metering period, between (i)

  • Transportation Service Agreement means the contract between KUB and the Customer whereby KUB agrees to provide transportation gas service to the Customer.

  • Double check valve assembly means an assembly composed of two single, independently acting, check valves including tightly closing shutoff valves located at each end of the assembly and suitable connections for testing the water tightness of each check valve.

  • 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.

  • Grade point average or "GPA" means the grade point average earned by an eligible student and reported by the high school or participating institution in which the student was enrolled based on a scale of 4.0 or its equivalent if the high school or participating institution that the student attends does not use the 4.0 grade scale;