Virtual Exit Point definition

Virtual Exit Point refers to a non-bookable Exit Point in a Balancing Group via which gas can be transferred to another Balancing Group.
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Virtual Exit Point means a commercial exit point of gas from the transmission system without a defined physical location.
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Virtual Exit Point. (VEP) means the notional point on the interconnector system at which VEP Exit Nominations are submitted.
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Examples of Virtual Exit Point in a sentence

  • While conducting trade in gas existing in the transmission systems, gas shall be injected at the Virtual Entry Point and off-taken at the Virtual Exit Point.

  • A Nomination shall be made in accordance with this section 2; (cc) “Interruptible VRF Nomination” is a Shipper’s nomination to Premier Transmission of an Interruptible VRF Nominated Quantity to be offtaken from an Exit Point or Moffat Virtual Exit Point on a Day.

  • A Shipper which has an Interruptible VRF Nominated Quantity at the South- North Virtual Exit Point shall notwithstanding any other provision of this Code be deemed from time to time to have an Interruptible VRF Nominated Quantity to be physically delivered at the Carrickfergus Entry Point of an equal quantity.

  • This Section 8 sets out the terms upon which a Shipper shall be entitled to offtake Natural Gas from the Transportation System at an Exit Point and the terms upon which a Shipper may virtually offtake Natural Gas from the Transportation System at a Virtual Exit Point.

  • Subject to clause 3.8.5 the Shipper’s Final VRF Exit Allocation at the Virtual Exit Point (Carrickfergus) shall be equal to the Shipper’s Initial Virtual Exit Allocation in respect of the Day.

  • Ct. at 1122-23 (emphasis in original); see also Helicopteros Nacionales de Colombia, S.A. v.

  • The Transporter may require the Shipper as part of a Nomination or Renomination which relates to the South-North Entry Point or as part of an Interruptible VRF Nomination at the South-North Virtual Exit Point to specify a corresponding Third Party Shipper.

  • The Initial Virtual Exit Allocation in respect of a Shipper at the Virtual Exit Point (Carrickfergus) in respect of a Day shall be equal to the Shipper’s corresponding Virtual Entry Allocation at the South-North Entry Point in respect of that Gas Flow Day.

  • The Transporter shall be entitled to rely on information provided by or at the request of the Upstream Operator pursuant to the NINOA for the purpose of making Entry Allocations at the Carrickfergus Entry Point and VRF Allocations at the Carrickfergus Virtual Exit Point pursuant to this Code.

  • The Transporter shall allocate the Entry Quantity at each Entry Point, the Exit Quantity at each Exit Point and the VRF Exit Quantity at each Virtual Exit Point among the Shippers after the Gas Flow Day in accordance with this Section 3.

Related to Virtual Exit Point

  • Exit Point means a border control post or any other place designated by a Member State where animals, falling within the scope of Regulation (EC) No 1/2005, leave the customs territory of the Union;

  • Interconnection Point means the point(s) of connection(s) at which the project is connected to the grid i.e. it shall be at 11 / 22 kV bus bar level of substation of MSEDCL.

  • Signaling Transfer Point (“STP”) means a signaling point that performs message routing functions and provides information for the routing of messages between signaling points within or between CCIS networks. An STP transmits, receives and processes CCIS messages.

  • Demarcation Point means the point where Qwest owned or controlled facilities cease, and CLEC, End User Customer, premises owner or landlord ownership or control of facilities begin. "Designed, Verified and Assigned Date" or "DVA" means the date on which implementation groups are to report that all documents and materials have been received and are complete.

  • Interconnection Service means the physical and electrical interconnection of the Customer Facility with the Transmission System pursuant to the terms of Tariff, Part IV and Tariff, Part VI and the Interconnection Service Agreement entered into pursuant thereto by Interconnection Customer, the Interconnected Transmission Owner and Transmission Provider. Interconnection Service Agreement:

  • INTER-CONNECTION POINT/ DELIVERY/ METERING POINT means a single point at 220kV or above, where the power from the Project(s) is injected into the identified ISTS Substation (including the dedicated transmission line connecting the Projects with the substation system) as specified in the RfS document. Metering shall be done at this interconnection point where the power is injected into. For interconnection with grid and metering, the WPDs shall abide by the relevant CERC/ SERC Regulations, Grid Code and Central Electricity Authority (Installation and Operation of Meters) Regulations, 2006 as amended and revised from time to time.

  • Train Loading Infrastructure means conveyors, stockpile areas, blending and screening facilities, stackers, re‑claimers and other infrastructure reasonably required for the loading of iron ore, freight goods or other products onto the relevant Railway for transport (directly or indirectly) to a loading port; and

  • Connection Point means an exit point or an entry point or a bidirectional point identified or to be identified as such in an access contract.

  • Surplus Interconnection Service means any unneeded portion of Interconnection Service established in an Interconnection Service Agreement, such that if Surplus Interconnection Service is utilized, the total amount of Interconnection Service at the Point of Interconnection would remain the same. Switching and Tagging Rules:

  • Interconnection Service Agreement means an agreement among the Transmission Provider, an Interconnection Customer and an Interconnected Transmission Owner regarding interconnection under Tariff, Part IV and Tariff, Part VI.

  • Interconnection Activation Date means the date that the construction of the joint facility Interconnection arrangement has been completed, trunk groups have been established, joint trunk testing is completed and trunks have been mutually accepted by the Parties.

  • Inter-connection Point means interface point of renewable energy generating facility with the transmission system or distribution system, as the case may be:

  • Trunk Line means the coaxial/optic fiber cable network and other allied equipment such as receiver nodes, amplifiers, splitters etc. owned and installed by the multi-system operator or its associate companies for the purpose of transmitting Cable TV Signal to various LCOs till the receiving end of various LCOs, including the LCO, to enable them to re-transmit the Cable TV Signal to respective subscribers; All other words and expressions used in this interconnection agreement but not defined, and defined in the Act and rules and regulations made thereunder or the CTN Act and the rules and regulations made thereunder, shall have the meanings respectively assigned to them in those Acts or the rules or regulations, as the case may be.

  • Base Load Generation Resource means a Generation Capacity Resource that operates at least 90 percent of the hours that it is available to operate, as determined by the Office of the Interconnection in accordance with the PJM Manuals.

  • Interconnection Service(s means any Interconnection, Resale Services, 251(c)(3) UNEs, Collocation, functions, facilities, products or services offered under this Agreement.

  • Meet Point A point, designated by the Parties, at which one Party’s responsibility for service begins and the other Party’s responsibility ends.

  • Generation Interconnection Facilities Study means a Facilities Study related to a Generation Interconnection Request.

  • H-point means the pivot centre of the torso and thigh of the H-point machine when installed in a vehicle seat in accordance with Annex 12. Once determined in accordance with the procedure described in Annex 12, the "H" point is considered fixed in relation to the seat-cushion structure and is considered to move with it when the seat is adjusted.

  • Development Location Point means a single point selected by the Applicant on the proposed Development site that is located within 100 feet of a residential building existing or to be constructed as part of the proposed Development. For a Development which consists of Scattered Sites, this means a single point on the site with the most units that is located within 100 feet of a residential building existing or to be constructed as part of the proposed Development.

  • Local Interconnection Trunks/Trunk Groups means the trunks that are used for the termination of Local Exchange Traffic, pursuant to iconectiv Technical Reference GR 317-CORE.

  • Train Unloading Infrastructure means train unloading infrastructure reasonably required for the unloading of iron ore from the Railway to be processed, or blended with other iron ore, at processing or blending facilities in the vicinity of that train unloading infrastructure and with the resulting iron ore products then loaded on to the Railway for transport (directly or indirectly) to a loading port. Company to obtain prior Ministerial in-principle approval

  • Interconnection Customer means a Generation Interconnection Customer and/or a Transmission Interconnection Customer.

  • Basic generation service provider or "provider" means a

  • Continuous parameter monitoring system or "CPMS" means all of the equipment necessary to meet the data acquisition and availability requirements of this article, to monitor process and control device operational parameters (for example, control device secondary voltages and electric currents) and other information (for example, gas flow rate, O2 or CO2 concentrations), and to record average operational parameter value(s) on a continuous basis.

  • Generation Interconnection Customer means an entity that submits an Interconnection Request to interconnect a new generation facility or to increase the capacity of an existing generation facility interconnected with the Transmission System in the PJM Region. Generation Interconnection Request:

  • Net Metering Net metering refers to customers who sell electricity they produce, typically through a rooftop solar panel, back to the utility for credit. If you are a net metering customer, you should not enroll with XOOM because your net metering agreement will not transfer to XOOM once you enroll.