Examples of Firm NTS Entry Capacity in a sentence
The Tender Invitation Notice shall be sent by National Grid by facsimile to the facsimile number that is notified to National Grid by each User for the purpose of sending notices under the Network Code in relation to Firm NTS Entry Capacity.
However, Firm NTS Entry Capacity may be made available through the release of Non-obligated Entry Capacity pursuant to Chapter 8.
It should be noted that although this terminology exists, it does not change the capacity products that Shipper Users procure through established UNC processes e.g. Firm NTS Entry Capacity and Interruptible NTS Entry Capacity.
Where pursuant to the terms of a Capacity Management Agreement a User surrenders Firm NTS Entry Capacity at an Aggregate System Entry Point in relation to a Day, the amount of the User's Available Firm NTS Entry Capacity at the Aggregate System Entry Point shall be reduced by the amount surrendered by the User pursuant to the terms of the Capacity Management Agreement.
For Licence purposes this capacity is classified as Non-obligated Entry Capacity but is still Firm NTS Entry Capacity for Shipper User purposes.
In respect of daily auctions only, capacity may be available as either Firm NTS Entry Capacity and/or as Interruptible NTS Entry Capacity.
A Revenue Driver will not be needed in respect of Firm NTS Entry Capacity made available through the QSEC Auction.
Non-Users (Reservation Parties) may reserve Firm NTS Entry Capacity for subsequent allocation to a Shipper User(s) (a Nominated User(s)) via the process which is detailed in the UNC (TPD Section B).
Where a PARCA has been entered into National Grid shall, on the allocation date specified in the PARCA, allocate the Firm NTS Entry Capacity effective from the registration date specified in the PARCA.
National Grid may make available Firm NTS Entry Capacity at ASEPs in excess of the Obligated Entry Capacity.