Initial Balancing System Charge definition

Initial Balancing System Charge is: £[●] per MWh11.
Sample 1Sample 2Sample 3
Initial Balancing System Charge has the meaning given to that term in the CfD Agreement;
Sample 1Sample 2Sample 3
Initial Balancing System Charge at the Agreement Date is: [●]11.
Sample 1

Examples of Initial Balancing System Charge in a sentence

  • Currently, generators with a CfD who pay BSUoS charges are protected against increases in the cost of these charges over and above the Initial Balancing System Charge set in the contract before actual balancing charges are known.

  • This Act may be cited as the National Service Act [Chapter 11:08].

  • The chemical makeup or other factors about the composition of a particular waste typically determine whether or not it exhibits a hazardous characteristic.

  • Deducting the Initial Balancing System Charge also removes the portion of the initial strike price that we expect generators to have included in their strike prices when bidding.

  • In this study the frequency of 4 important virulence genes including fnbA, fnbB, cna and hla genes in S.

  • Condition 47.1 (E); Definitions “Inflation Factor” See IC: Condition 45.2 (G); Definitions “Inflation Factor” 2.2.3 The Indexed Initial Balancing System Charge for the purpose of the TLM(D) Strike Price Adjustment The Indexed Initial Balancing System Charge is calculated as per the formula below.

  • This might be in conjunction with the fact that [kill] is itself composed of [cause-to-die] and [play-active-role].

  • Transmission-connected generators with a CfD are protected against increases in the cost of balancing system charges over and above the Initial Balancing System Charge set in the contract before actual balancing charges are known.

  • An explanatory note containing with illustrative examples showing how the annual strike price will be adjusted for the Initial Balancing System Charge in the scenarios where Ofgem removes BSUoS charges from generators or decides to continue with the current policy, will be published on the AR4 microsite.

  • The value used for this downward adjustment will be the Initial Balancing System Charge, which is published in the Standard Terms Notice alongside the Budget Notice.


More Definitions of Initial Balancing System Charge

Initial Balancing System Charge means £1.66/MWh (expressed in Money of the Year for the Base Year);
Sample 1Sample 2Sample 3
Initial Balancing System Charge means the arithmetic mean of the Balancing System Charge payable by electricity generators in Great Britain over the Initial Balancing System Charge Window, as set out in the CfD Agreement;
Sample 1
Initial Balancing System Charge applicable to the Facility Generation Technology listed in Table L of the CfD Standard Terms Notice issued on 1 May 2019[insert] by the Secretary of State for Business, Energy and Industrial Strategy.
Sample 1

Related to Initial Balancing System Charge

  • Monthly Charge shall have the meaning set forth in Article 5.

  • Service Charge means the amount charged for making a service available on line and is in addition to the actual fee for a service itself. For example, one who renews a license on line will pay the license renewal fee and a service charge.

  • Room charge means the charge imposed for the use or occupancy of a room, excluding charges for food, beverages, state use tax, telephone service, or like services paid in connection with the charge, and excluding reimbursement of the assessment imposed by this act.

  • Class A Monthly Interest shall have the meaning specified in subsection 4.02(a).

  • Bond Service Charges means, for any period or payable at any time, the principal of, premium, if any, and interest on the Bonds for that period or payable at that time whether due at maturity or upon redemption, Mandatory Tender or acceleration.

  • Monthly Charges means a finance carrying charge of one and one-half of one percent (1.5%) and a storage and handling charge of one-half of one percent (0.5%), in each case of the Cost of the Inventory and/or Special Inventory and/or of the fees for the Product affected by the reschedule or cancellation (as applicable) per month until such Inventory and/or Special Inventory and/or Product is returned to the vendor, used to manufacture Product or is otherwise purchased by Customer.

  • Class B Monthly Interest shall have the meaning specified in subsection 4.02(b).

  • Class B operator means a person who implements applicable underground storage tank regulatory requirements and standards. This includes implementing the day-to-day aspects of operating, maintaining, and record keeping for underground storage tanks at one or more facilities. A Class B operator typically monitors, maintains and ensures that release detection methods, record-keeping, and reporting requirements are met; release prevention equipment, record-keeping, and reporting requirements are met; all relevant equipment complies with performance standards; and appropriate individuals are trained to properly respond to emergencies caused by releases and spills.

  • Pool Balance means, as of any date, the aggregate Principal Balance of the Receivables (exclusive of all Administrative Receivables for which the Servicer has paid the Administrative Purchase Payment, Warranty Receivables for which the Seller has paid the Warranty Purchase Payment and Defaulted Receivables) as of the close of business on such date.