Common use of Imbalance Clause in Contracts

Imbalance. The Imbalance per quarter-hour of [ARP] is the difference per quarter-hour between the total Injection into the ▇▇▇▇ Grid belonging to the Balancing Perimeter of [ARP] and the total Off-take from the ▇▇▇▇ Grid belonging to the Balancing Perimeter of [ARP]1. The total Injection belonging to the Balancing Perimeter of [ARP] for one given quarter-hour equals the sum of: - all Import nominated including the ones integrated by ▇▇▇▇ in the Balancing Perimeter on behalf of [ARP] and executed by [ARP] for that quarter-hour; and - all actual Injections at the Injection Points, excluding those Injection Points that supply a Closed Distribution System, allocated to [ARP], inter alia in the context of the coordination of Generation Units, for that quarter-hour, taking account of all relevant Shared Injections; and - all Closed Distribution System Injection Positions allocated to [ARP]; and - all Distribution Off-take Positions allocated to [ARP] if the result adds up to a net Injection; and - all Injections by Internal Transfers of Energy nominated by [ARP] (“as the buyer”) for that quarter-hour. The Total Off-take belonging to the Balancing Perimeter of [ARP] for one given quarter-hour equals the sum of: - all Export nominated including the ones integrated by ▇▇▇▇ in the Balancing Perimeter on behalf of [ARP] and executed by [ARP] for that quarter-hour; and - all actual Off-takes at Off-take Points, excluding those Off-take Points that supply a Closed Distribution System, allocated to [ARP] for that quarter-hour, taking account of all relevant Band Supplies (according to the provisions of the access contract), just as with all concerned activations of load-shedding services contracted by ▇▇▇▇; and - all Closed Distribution System Off-take Positions allocated to [ARP]; and - all Distribution Off-take Positions allocated to [ARP] if the result adds up to a net Off-take; and - all Off-takes by Internal Transfers of Energy nominated by [ARP] (“as the buyer”) for that quarter-hour; and - for the metered Off-take at Off-take Points and for the Distribution Off-take Positions (if it is a net Off-take) and for the net balance (if it is a net Off-take) of Closed Distribution System Injection and/or Off-take Positions connected to the ▇▇▇▇ Grid, in accordance with articles 161 and 162 of the Grid Code for Transmission and, where appropriate, in accordance with the applicable regional legislation, loss percentages of this Off-take will be allocated additionally to the Balancing Perimeter of [ARP] These percentages will be published on the ▇▇▇▇ website and can, if necessary, be adjusted annually on the basis of the metered losses, pursuant to Article 11.4. 1 The Imbalance will be adjusted for each participation of [ARP] in ancillary services or pursuant to Article 7(3) of the Electricity Act in accordance with Article 11.1 of the Contract.

Imbalance. The Imbalance per quarter-hour of [ARP] is the difference per quarter-hour between the total Injection into the ▇▇▇▇ Grid belonging to the Balancing Perimeter of [ARP] and the total Off-take from the ▇▇▇▇ Grid ▇▇▇▇ belonging to the Balancing Perimeter of [ARP]1. The total Injection belonging to the Balancing Perimeter of [ARP] for one given quarter-hour equals the sum of: - all Import nominated including the ones integrated by ▇▇▇▇ in the Balancing Perimeter on behalf of [ARP] and executed by [ARP] for that quarter-hour; and - all actual Injections at the Injection Points, excluding those Injection Points that supply a Closed Distribution System, allocated to [ARP], inter alia in the context of the coordination of Generation Units, for that quarter-hour, taking account of all relevant Shared Injections; and - all Closed Distribution System Injection Positions allocated to [ARP]; and - all Distribution Off-take Positions allocated to [ARP] if the result adds up to a net Injection; and - all Injections by Internal Transfers of Energy nominated by [ARP] (“as the buyer”) for that quarter-hour. The Total Off-take belonging to the Balancing Perimeter of [ARP] for one given quarter-hour equals the sum of: - all Export nominated including the ones integrated by ▇▇▇▇ in the Balancing Perimeter on behalf of [ARP] and executed by [ARP] for that quarter-hour; and - all actual Off-takes at Off-take Points, excluding those Off-take Points that supply a Closed Distribution System, allocated to [ARP] for that quarter-hour, taking account of all relevant Band Supplies (according to the provisions of the access contract), just as with all concerned activations of load-shedding services contracted by ▇▇▇▇; and - all Closed Distribution System Off-take Positions allocated to [ARP]; and - all Distribution Off-take Positions allocated to [ARP] if the result adds up to a net Off-take; and - all Off-takes by Internal Transfers of Energy nominated by [ARP] (“as the buyer”) for that quarter-hour; and - for the metered Off-take at Off-take Points and for the Distribution Off-take Positions (if it is a net Off-take) and for the net balance (if it is a net Off-take) of Closed Distribution System Injection and/or Off-take Positions connected to the ▇▇▇▇ Grid, in accordance with articles 161 and 162 of the Grid Code for Transmission and, where appropriate, in accordance with the applicable regional legislation, loss percentages of this Off-take will be allocated additionally to the Balancing Perimeter of [ARP] These percentages will be published on the ▇▇▇▇ Elia website and can, if necessary, be adjusted annually on the basis of the metered losses, pursuant to Article 11.4. 1 The Imbalance will be adjusted for each participation of [ARP] in ancillary services or pursuant to Article 7(3) of the Electricity Act in accordance with Article 11.1 of the Contract.