Withdrawal Rate definition
Examples of Withdrawal Rate in a sentence
Seasonal Storage Capacity means Storage Capacity (with specified technical parameters, Storage Period and Delivery Points) that entitles the Customer to inject Gas into the Storage Facility up to the maximum Injection Rate agreed in the Gas Storage Agreement only during the Injection Period and to withdraw Gas from the Storage Facility up to the maximum Withdrawal Rate agreed in the Gas Storage Agreement only during the Withdrawal Period.
If the SSO withdraws (part of) the firm Working Volume booked by the Customer, the SSO is also entitled to withdraw the proportionate firm Injection Rate and firm Withdrawal Rate booked by the Customer for the relevant Storage Year under this Agreement (together with the withdrawn Working Volume the “Withdrawn Storage Capacities”).
The Website also sets out the availability of the Storage Services at the relevant time and the procedure for booking the Storage Services (except for Day-Ahead Injection Rate and Day-Ahead Withdrawal Rate and Within-Day Injection Rate and Within-Day Withdrawal Rate which can be booked through the Nomination/Renomination process as set out in the Operational Manual).
Flexible Storage Capacity means Storage Capacity (with specified technical parameters, Storage Period and Delivery Points) that entitles the Customer to inject Gas into the Storage Facility and withdraw Gas from the Storage Facility during the Storage Period at the Customer’s discretion up to the maximum Injection Rate and the maximum Withdrawal Rate agreed in the Gas Storage Agreement.
Maximum Withdrawal Rate [MISSING DATA TO BE INSERTED] MWh/Gas Day The Withdrawal Rate is determined by the following Withdrawal Rate Curve: - For a Storage Account fullness between 100% and 50% (inclusive) of the Maximum Working Volume, the Withdrawal Rate is a flat [MISSING DATA TO BE INSERTED] MWh/Gas Day.