Nominated Consumption definition

Nominated Consumption means the quantity of Gas in respect of each Meter which the National Grid estimates (using its reasonable endeavours) that will be consumed on each Site in each Contract Year as specified overleaf.

Nominated Consumption means the amount of Energy, which the Customer estimates (using reasonable endeavours) that it will require at each Site, in each Contract Year, as confirmed within the Relevant Order Confirmation.

Nominated Consumption has the meaning given in sub-clause 4.1.

Examples of Nominated Consumption in a sentence

• Storage DARDs neither establish nor audit Nominated Consumption Limits; therefore, no part of this Section 3, “Dispatchable Asset Related Demand Auditing,” applies to Storage DARDs. All communication between the ISO and Market Participants regarding rating and auditing of DARDs must be conducted through the Designated Entity and the dispatch location for the applicable DARD.

• The Coincident Peak Contribution reflects the capability of the Dispatchable Asset Related Demand to reduce its consumption to the Nominated Consumption Limit recognizing that the Dispatch Instructions at the time of the yearly coincident peak may require the Dispatchable Asset Related Demand to consume at a level greater than that Nominated Consumption Limit.

• Such recognition is gained by uniformity in dress, professional appearance and demeanor.

• The Coincident Peak Contribution of a Dispatchable Asset Related Demand is initially set equal to the Nominated Consumption Limit submitted during the Asset Registration Process.

• Characteristically, an MO can occur any time during the year, has a flexible start date, may or may not have a predetermined duration, and is usually much shorter than a PO.Forced Outage (FO): Any outage or inability, in whole or in part, of a Generator or DARD to provide its Claimed Capability or Nominated Consumption Limit (NCL) that has not been approved by ISO in the form of a PO or MO.

More Definitions of Nominated Consumption

Nominated Consumption has the meaning given to it in the relevant Customer Contract. Non-Crown Body a Customer which is not a Crown Body. Non-Half-Hourly Product the supply of electricity measured on a non-half-hourly basis, or deemed to be measured on a non-half-hourly basis for the purposes of the BSC. Party either the Authority or the Customer and shall collectively be referred to as the "Parties". Previous Framework Agreement has the meaning given to it in the applicable Framework Agreement.

Nominated Consumption for electricity the value shown on the Proposal as kWh for the Agreed Supply Period. For gas, the value shown on the Proposal as kWh per annum;

Nominated Consumption means the amount of

Nominated Consumption the value shown on the Proposal as kWh for the Agreed Supply Period;

Nominated Consumption has the meaning given to it in the relevant Customer Contract. Non-Crown Body a Customer which is not a Crown Body. Non-Half-Hourly Product the supply of electricity measured on a non-half-hourly basis, or deemed to be measured on a non-half-hourly basis for the purposes of the BSC. Procurement Services the procurement, demand and supply management services for Energy Products provided by the Authority to the Customer in accordance with this Agreement and the applicable Framework Agreement and which shall include, at the Authority’s sole discretion, entering into Transactions to set and unset the price of Energy Products. Registered has the meaning given to it in the Uniform Network Code, and “Registration” shall be interpreted accordingly. Regulatory Bodies those government departments and regulatory, statutory and other entities, committees and bodies which, whether under statute, rules, regulations, codes of practice or otherwise, are entitled to regulate, investigate, or influence the matters dealt with in this Agreement or any other affairs of the Authority and "Regulatory Body" shall be construed accordingly. Relevant Customer each customer which has entered into a customer access agreement in order to benefit from a Framework Agreement or a framework agreement that it has replaced. Services (i) the Procurement Services; (ii) the general customer services set out in Clause 2.5; (iii) framework management services set out in Clauses 2.6 to 2.8; and (iv) liaison services set out in Clause 2.9. Site has the meaning given to it in the applicable Framework Agreement. Successive Commitment Date the date on which each Energy Product Order is automatically renewed, as set out in Clause 3.11. Supplier has the meaning given to it in the introduction to this Agreement.

Nominated Consumption has the meaning given to it in Clause 4.1. NTS the National Transmission System.

Nominated Consumption for electricity the value shown on the Proposal as kWh for the Agreed Supply Period. For gas, the value shown on the Proposal as kWh per annum. For the purposes of Clause 4.7 we shall calculate your Forecast Accuracy Period volume requirements by pro-rating your Nominated Consumption over the Agreed Supply Period;