Examples of Secondary Capacity in a sentence
All other applicable charges shall be payable by the Shipper which reserved the Primary Capacity and the Shipper utilising the relevant Secondary Capacity (as the case may be) in accordance with this Code.
All other applicable charges shall be payable by the Shipper which reserved the Primary IP Capacity or Primary Capacity and the Shipper utilising the relevant Secondary Capacity (as the case may be) in accordance with this Code.
Secondary Capacity AssignmentsFollowing discussions, National Grid raised a pre-modification to introduce secondary capacity assignments for Entry and Exit.
Backhaul nominations are scheduled as Secondary Capacity up to the MDQ.
Secondary Capacity Mechanisms take two basic forms, either the cargo is handled by the primary capacity holder and delivered back to the Third Party (or a counterparty) at the National Balancing Point (NBP), or the Third Party obtains capacity from the primary holder for a pre-determined period of time and manages the unloading and nomination of the LNG through the Terminal and into the gas network themselves.
The Robust Secondary Capacity Market on BPA’s System Justifies 12 CP.
The notice period for a Secondary Capacity Mechanism will depend upon which primary capacity holder is offering the facility, but it will necessarily be prior to the 7 day notice period that is applicable to a UIOLI Slot offered by the Terminal Operator.
Primary capacity holders are able to sell-on their capacity rights to Third Party shippers under a Secondary Capacity Mechanism, developed by customers to give Third Parties firm access to the Terminal.
The characteristics and processes associated with Secondary Capacity Mechanisms are described in section 3 of this guide, along with contact details for each of the primary capacity holders.
The Secondary Capacity Mechanisms available at the Terminal are shipper-specific products, made available by our primary capacity holders.