Lesser Rule means that, in case of different processed quantities at either side of an interconnection point, the confirmed quantity will be equal to the lower of the two processed quantities.
Lesser Rule. Means that, in case of different processed quantities at either side of an interconnection point, the confirmed quantity will be equal to the lower of the two processed quantities.
Lesser Rule means that in case of different processed quantities at either side of the interconnection point, the confirmed quantity will be equal to the lower of the two processed quantities. Limitation range (LR) shall mean the allowed range of values of the Total Balance Position (TBP). Matching process shall mean the process of comparing and aligning processed quantities of network users at both sides of the IP, which will result in confirmed quantities for the network users. Nominations given by the Network Users are expressed in kWh/day during the matching process.
Examples of Lesser Rule in a sentence
Lesser Rule means that, in case of different processed quantities at either side of an interconnection point, the confirmed quantity will be equal to the lower of the two processed quantities.
Ireland, Northern Ireland, Interconnector (UK) and Portugal use matching but not with the Lesser Rule in all cases.
With any risk assessment, the results may not be favorable to the individual.
Calcul des Quantités Confirmées sur Virtualys Fluxys est en charge, en tant que Matching Operator sur Virtualys, d’appliquer la « Lesser Rule ».
Consideration will be given to proposals that responsibly maximize the net economic benefit to the Town over the term of the proposed energy services agreement and that responsibly minimize the risk to the Town in connection with the proposed transaction.
More Definitions of Lesser Rule
Lesser Rule means that, in case of different Processed Quantities at either side of the Entry Point, the Confirmed Quantity will be equal to the lower of the two Processed Quantities.
Lesser Rule means with respect to the Quantity of Gas (re)nominated for TTF Customer by EnergyStockB.V. and the Quantity of Gas (re)nominated by the relevant Delivering or Receiving Party, that the proper Nomination shall be deemed to be equal to the lowest of such (Re)Nominations with respect to the relevant Pair of TTF Customer Codes.
Lesser Rule means that in case of differences of quantities of transmission capacity at cross- border connection point processed by either side, the quantity approved shall be equal to the lesser of the two processed quantities;
Lesser Rule means that in case of different processed quantities at either side of the interconnection point, the confirmed quantity will be equal to the lower of the two processed quantities. Matching process shall mean the process of comparing and Aligning processed quantities of network users at both sides of the interconnection points, which will result in confirmed quantities for the network users. Nominations given by the Network Users are expressed in kWh/d during the matching process.
Lesser Rule means with respect to the Quantity of Gas (re)nominated by Shipper and the Quantity of Gas (re)nominated by the relevant Upstream Party or Downstream Party, that the Properly (Re)Nominated Quantity of Gas shall be deemed to be equal to the lowest quantity of such (Re)Nominations with respect to the relevant pair of Shipper Codes.
Lesser Rule. Means that, in case of different processed quantities at either side of an interconnection point, the confirmed quantity will be equal to the lower of the two processed quantities. Matching process: The process of comparing and aligning processed quantities of gas for network users at both sides of a specific interconnection point, which results in confirmed quantities for the network users. Matching TSO: Means the transmission system operator performing the matching process and sending the result of the matching process to the initiating transmission system operator.
Lesser Rule. : the ‘lesser rule’ principle means that in case of different Processed Quantities at both sides of the IP for a Network User and its counterparty, the Confirmed Quantity will be the lower of the two Processed Quantities.