Template:GTMA Master Agreement 2004 Deemed Imbalance Charges Definition: Difference between revisions

Template:GTMA Master Agreement 2004 Deemed Imbalance Charges Definition (view source)

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-"'''{{gtmaprov|Deemed Imbalance Charges}}'''" means, for a {{gtmaprov|Settlement Period}} and a {{gtmaprov|Party}}, the {{gtmaprov|Energy Imbalance Charges}} (expressed in sterling) that would be imposed on, or payable to, the {{gtmaprov|Party}} under the {{gtmaprov|Balancing and Settlement Code}} if the {{gtmaprov|Party}} is deemed to be responsible for only one {{gtmaprov|Account Energy Imbalance Volume}} (whether positive or negative) equal to:<br>
+"'''{{gtmaprov|Deemed Imbalance Charges}}'''” means, for a {{gtmaprov|Settlement Period}} and a {{gtmaprov|Party}}, the {{gtmaprov|Energy Imbalance Charges}} (expressed in sterling) that would be imposed on, or payable to, the {{gtmaprov|Party}} under the {{gtmaprov|Balancing and Settlement Code}} if the {{gtmaprov|Party}} is deemed to be responsible for only one {{gtmaprov|Account Energy Imbalance Volume}} (whether positive or negative) equal to:<br>
 :(a) what the {{gtmaprov|Energy Contract Volume}} of the {{gtmaprov|Party}} would have been in the relevant {{gtmaprov|ECV Notification}} if it had been an {{gtmaprov|Accurate ECV Notification}}, <br>
 minus:<br>
 :(b) the {{gtmaprov|Energy Contract Volume}} of the {{gtmaprov|Party}} specified in the relevant {{gtmaprov|ECV Notification}} (if any) made for that {{gtmaprov|Settlement Period}} or, otherwise, zero;