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Index - Glossary

Glossary

Adjacent Network Operator

Shall mean the operator of the adjacent gas transport system connected to the storage facility.

Booking

Shall mean the customer’s binding offer submitted to VGS by online booking for the conclusion of a contract.

Booking Confirmation

Shall mean VGS’s acceptance of the binding offer submitted by the customer by online booking for conclusion of a contract.

Booking Request (Non-binding)

Shall mean a non-binding expression of interest by the customer for conclusion of a contract submitted to VGS via the customer portal using the "easystore" online product configurator.

Bundled Capacities

Shall mean the capacities of working gas volume (WGV), injection rate (IR) and withdrawal rate (WR) that can be contracted jointly (as a "bundle") only.

Calorific Value at Injection [kWh/Nm³]

Shall mean the basis for conversion of the energy units [kWh] into volume units [Nm³] at the time of injection.

Calorific Value at Withdrawal [kWh/Nm³]

Shall mean the basis for converting the volume units [Nm³] into energy units [kWh] at gas withdrawal.

Capacities

Shall designate the service required for the storage of gas in form of working gas volume (WGV), injection rate (IR) and withdrawal rate (WR).

Capacity Fee

Shall mean the fee for holding available bundled or unbundled capacities on a firm or interruptible basis.

Characteristic

Shall mean the restriction describing the maximally usable injection and withdrawal rates depending on the current working gas account balance of the relevant contract.

Contract Monitor

Provides for the inspection of the contract documents and details of all existing contracts of the customer.

Contractual Partners

Shall mean VGS and the customer individually or jointly.

Customer

Shall mean a natural or legal person who wants to conclude or has concluded contracts with VGS.

Customer Portal

Shall mean the personalized and customer-related part of VGS’s internet presence. The customer portal comprises various functions by which contracts can be concluded online with VGS. The customer portal is available at www.vng-gasspeicher.de/mein-speicher.

Exceeding of Capacity

Shall mean the utilization of non-contractual capacities by the customer adhering to the procedure laid down in the Operating Manual applicable to the respective contract.

Gas Day

Shall mean the period of one calendar day, 06:00 a.m. to the next calendar day, 06:00 a.m.

Gas Quantity

Can be indicated in volume units [Nm³] or energy units [kWh]. The gas quantity in standard cubic meter [Nm³] is a quantity of gas that is free of water vapour and takes a volume of one cubic meter at a temperature of zero degrees Celsius and an absolute pressure of 1.01325 bar (standard cubic meter).

Gas Transfer

Shall mean the transfer of injected gas quantities to another customer, or between contracts of the same customer.

Gas Transfer Point

Shall mean the point where the gas quantities are provided or transferred/taken over between the customer and VGS. The kind of gas transfer points (e.g. network connection point, virtual trading point) is specified in the individual contract.

Gas Transport System

Shall mean all pipelines and installations that serve the transport of gas.

Hour

Shall mean the time beginning with a full clock hour and ending with the following full clock hour.

Injection Rate (IR)

Shall mean the gas quantity per hour, measured in Nm³/h or kWh/h, which the customer may inject into the storage facility under consideration of the injection characteristic.

Implementation Period

Shall mean the period for establishing a contract in the contract processing systems prior to commencement of the service period.

Interruptible Capacity

Shall mean capacities that are available to the customer depending on the VGS’s ability and capability.

Lump-sum Expense

Shall mean an amount to be paid for gas utilization by VGS in special cases defined in the contract.

Maintenance

Shall mean servicing, inspection or repair of the storage facility operated by VGS.

Market Area Coordinator

Shall mean the natural or legal person determined by the long-distance network operators who provides services in a certain market area that need to be rendered by a person to ensure an efficient gas network access in a market area.

Nomination

Shall mean the registration of gas quantities to be injected or withdrawn within a certain period of time. The types of nomination as defined by the Operating manual applicable to the respective contract including other conditions to be observed apply.

Online Booking

Is one of the possibilities for customers to conclude a contract; it is done at the VGS customer portal by using the "easystore" online product configurator according to the conditions regulated in the Terms of Registration and Booking.

Operations

Facilitate the use (nomination and reporting) of the contracted capacities and services additionally used by the customer based on the provisions of the Operating Manual applicable to the respective contract.

Overrun Fee

Shall mean the service fee to be paid for use of extra-contractual capacities.

Partial Capacity Transmission

Shall mean the partial transmission of contracted capacities by the customer to a third party in accordance with the provisions of the relevant contract and the provisions concerning capacity transmission/legal succession set out in the storage GT&C in relation to contracts as a whole.

Secondary Trading

Shall mean the trading of capacities (contracted with VGS) by the customer with third parties.

Service Fee

Shall mean the fee to be paid if use is made of a service additionally offered by VGS for consideration in connection with its products. It shall include the overrun fee to be paid for exceeding of capacity, the transmission fee to be paid for partial capacity transmission and the transfer fee to be paid for a gas transfer.

Service Period

Shall mean the entire period for which the contracted capacities are held available by VGS and can be used by the customer. The service period is split into monthly billing periods.

Shipper Code

Shall mean a code specified by VGS that is used to identify a contract and the nominations within the scope of contract operations.

Storage Facility

Shall mean the facilities operated by VGS for underground storage of gas connected to an upstream gas transport system.

Storage Facility Downtime (Technological)

Shall mean the downtime of the storage facility for technological reasons during which no injection or withdrawal can be made or to a limited extent only.

Storage Facility Standby

Shall mean the period during which no injection into or withdrawal from the storage facility ist done but may be done at any time under consideration of the start-up times specified in the contract.

Storage Fee

Shall mean the fee to be paid by the customer to VGS that basically consists of the components capacity fee and the variable fee. In the case of contracts in which a virtual trading point is agreed as gas transfer point, the usage-related injection fee as well as the usage-related withdrawal fee shall be added as further components of the storage fee.

Storage Month

Shall mean the period from the first calendar day of a calendar month, 06:00 a.m. to the first calendar day of the next calendar month, 06:00 a.m.

Storage Week

Shall mean the period from Monday, 06:00 a.m. to Monday of the following week, 06:00 a.m.

Storage Year

Shall mean the period from April 1, 06:00 a.m. of a calendar year to April 1, 06:00 a.m. of the following calendar year.

Transfer Fee

Shall mean the service fee to be paid for gas transfer.

Transmission Fee

Shall mean the service fee to be paid in case of a partial capacity transmission.

Unbundled Capacity

Shall mean the individual capacities of working gas volume (WGV), injection rate (IR) and withdrawal rate (WR) that can be contracted.

Usage-related Injection Fee (“IR Fee“)

Shall mean the fee payable for covering the costs usually arising in the scope of the transport of gas quantities from the storage facility to the virtual trading point and their provision at the virtual trading point.

Usage-related Withdrawal Fee (“WR Fee“)

Shall mean the fee payable for covering the costs usually arising in the scope of the takeover of gas quantities at the virtual trading point and their transport from the virtual trading point to the storage facility.

User

Shall mean a natural person who may use or should be able to use the customer portal on behalf of the customer for online booking, use of the contract monitor or operations and is registered or should be registered there.

Variable Fee

Shall mean the fee to be paid to cover the operating costs usually incurred by VGS for the storage of gas.

Volume [Nm³]

Shall mean the volume of gas at standard conditions measured in Nm³, i.e. at standard temperature of Tn = 273.15 K or tn = 0 °C and standard pressure on = 101.325 Pa = 1.01325 bar.

Withdrawal Rate (WR)

Shall mean the gas quantity per hour measured in Nm³/h or kWh/h, which the customer may withdraw from the storage facility under consideration of the withdrawal characteristic.

Working Day

Shall mean every calendar day from Monday to Friday except public holidays in Saxony pursuant to the Sächsisches Feiertagsgesetz [Saxon Act governing Work on Sundays and Public Holidays].

Working Gas Account (WGA)

Shall mean an account kept by VGS for the customer that shows the balance of the injected and withdrawn gas quantities.

Working Gas Account Balance (WGAB)

Shall mean the current balance of the working gas account of a customer and corresponds with the working gas volume used at a certain point in time.

Working Gas Volume (WGV)

Shall mean the portion of the storage cavity contractually available to the customer for the relevant service period of the contract as maximum working gas volume. The WGV shall be measured according to the contract design by energy units [kWh] or volume units [Nm³].

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