Imbalance Gas definition

Imbalance Gas means the difference between a Transporter’s receipts and deliveries of natural gas for the complete transportation path of the gas to the Points of Delivery.
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Imbalance Gas shall m ean the difference between a Tr ansporter’s receipts and deliveries of natural gas for the complete transportation path of the gas to the Points of Delivery.
Sample 1

Examples of Imbalance Gas in a sentence

  • Balancing ChargesFirm Balancing ChargeAll Shippers, for whom the Company has an available FBT, shall pay $ 0.03440 per Dth of Gas delivered by the Company to the Shipper during the month.Interruptible Balancing ChargeShippers shall pay an Interruptible Balancing Charge of $ 0.1000 per Dth of Daily Imbalance Gas that is greater than the FBT but within the DBT.Continued On Sheet No. E-19.00 Issued December 27, 2010 by Effective for service rendered on Michael V.

  • Imbalance Gas comprises the Enbridge - Westcoast Energy and T-Service imbalances, which vary monthly; the amount shown in the first Projected column reflects the forecast value to settle the total imbalance at the end of the recorded period.

  • System Marginal Buy Price + Imbalance Gas Transportation Costs + Balancing Buy Contract Margin) x 1.1.

  • System Marginal Sell Price - Imbalance Gas Transportation Costs - Balancing Sell Contract Margin) x 0.9.

  • The Daily Imbalance Charge is calculated, for each Gas Day d, as the Transmission Imbalance for Shipper s for that Gas Day d multiplied by the Excess Imbalance Gas Price (EIGPd) for that Gas Day in case of a positive Transmission Imbalance and by the Shortfall Imbalance Gas Price (SIGPd) for that Gas Day in case of a negative Transmission Imbalance (each as defined below).

  • The Excess Imbalance Rate is escalated from 1 January 2016 on 1 January each year in accordance with the following formula:  CPIn − CPIb  IGRn = $8.00 × 1 + 0.67CPIb where: IGRn is the Imbalance Gas Rate for the relevant year (expressed in $ per GJ); CPIn means the CPI for the quarter ending on 30 September in the year prior to the year in respect of which the Excess Imbalance Rate is being escalated; and CPIb means the CPI for the quarter ending on 30 September 2015.

  • Balancing ChargesFirm Balancing ChargeAll Shippers, for whom the Company has an available FBT, shall pay $ 0.03440 per Dth of Gas delivered by the Company to the Shipper during the month.Interruptible Balancing ChargeShippers shall pay an Interruptible Balancing Charge of $ 0.1000 per Dth of Daily Imbalance Gas that is greater than the FBT but within the DBT.

  • The FTA was another phase in the continuing evolution of U.S. - Canadian energy policy; one that is market- oriented and as free as possible.

  • The Euro equivalent of the System Marginal Buy Price published by National Grid for the Day plus the Imbalance Gas Transportation Costs.

  • The Excess Imbalance Rate is escalated from 1 January 2010 on 1 January each year in accordance with the following formula:  CPIn  CPIb  IGRn  $2.50  1  0.67CPIb where: IGRn is the Imbalance Gas Rate for the relevant year (expressed in $ per GJ); CPIn means the CPI for the quarter ending on 30 September in the year prior to the year in respect of which the Excess Imbalance Rate is being escalated; and CPIb means the CPI for the quarter ending on 30 September 2008.

Related to Imbalance Gas

  • Imbalance Energy means the amount of energy in MWh, in any given Settlement Period or Settlement Interval, by which the amount of Facility Energy deviates from the amount of Scheduled Energy.

  • 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.

  • Material Gas Imbalance means, with respect to all Gas Balancing Agreements to which Borrower or any of its Subsidiaries is a party or by which any Mineral Interest owned by Borrower or any of its Subsidiaries is bound, a net gas imbalance to Borrower or any of its Subsidiaries in excess of $250,000.

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

  • Gas means any mixture of hydrocarbons and noncombustible gases in a gaseous state consisting primarily of methane.

  • Hydrocarbons means oil, gas, casinghead gas, drip gasoline, natural gasoline, condensate, distillate, liquid hydrocarbons, gaseous hydrocarbons and all products refined or separated therefrom.

  • Liquefied petroleum gas means a mixture of light hydrocarbons (predominantly propane, butane) that is gaseous under conditions of ambient temperature and pressure and that is maintained in a liquid state by an increase of pressure or lowering of temperature;

  • 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.

  • 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.

  • Pipeline means any pipe, pipes, or pipelines used for the intrastate transportation or transmission of any solid, liquid, or gaseous substance, except water.