Thermal Year definition

Thermal Year means that period commencing at 06:00 hours on the 1st of October and ending on the immediately succeeding 1st of October at 06:00 hours. [“Anno Termico” in the Italian text]
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Examples of Thermal Year in a sentence

  • The access credentials for the Capacity Portal Service shall be valid until the end of the Thermal Year [20../20..], at the expiration of which the THIRD PARTY EXCHANGE shall expressly request the Transport, with suitable advance notice, to issue new credentials for accessing the Service.

  • The counterparties accept that the validity of the annexes is automatically extended to the following Thermal Year in case of Transportation Contract signing for the subsequent Thermal Years.

  • The access credentials for the Capacity Portal Service shall be valid until the end of the Thermal Year [2014/2015..], at the expiration of which the PSV TRADER shall expressly request the Transport, with suitable advance notice, to issue new credentials for accessing the Service.

  • The payment due for the service under this Contract is to be determined by applying, for each Thermal Year it is valid, the rates for the transport and dispatch of natural gas approved by Resolution of the Electricity and Gas Authority.