AUCTION CALENDAR Sample Clauses
AUCTION CALENDAR. For a given Delivery Period and unless operational or technical problem occur as described in Annex 1, auctions from the Local Procurement Platform shall always precede auctions from the Regional Procurement Platform. A calendar indicating the Delivery Period, the deadline to submit offer (hereinafter referred to as “Gate Closure Time(s)” or “GCT”) and the auction calendar in case of second round (only when a second round is needed) is agreed together with Participating TSO’s and is published on ▇▇▇.▇▇▇▇▇▇▇▇▇▇▇▇▇.▇▇▇. At the latest at Gate Opening Time (GOT), the following information will be published on the Regelleistung website as a minimum: - Delivery period; - Total volume to be procured in the auction; - Product to be procured; - Gate Opening Time;
AUCTION CALENDAR. For a given Delivery Period and unless operational or technical problem occur as described in Annex 1, auctions from the Local Procurement Platform shall always precede auctions from the Regional Procurement Platform. A calendar indicating the Delivery Period, the deadline to submit offer (hereinafter referred to as “Gate Closure Time(s)” or “GCT”) and the auction calendar in case of second round (only when a second round is needed) is agreed together with Participating TSO’s and is published on ▇▇▇.▇▇▇▇▇▇▇▇▇▇▇▇▇.▇▇▇. At the latest at Gate Opening Time (GOT), the following information will be published on the Regelleistung website as a minimum: - Delivery period; - Total volume to be procured in the auction; - Product to be procured; - Gate Opening Time; - Gate Closure Time; Overall, the procurement timeline will be the following: 4 ENTSOE Pilot Project 2: ▇▇▇▇▇://▇▇▇.▇▇▇▇▇▇.▇▇/Documents/Network%20codes%20documents/Implementation/Pilot_Projects/151130_Report_ P2.pdf C1.Procurement from the Local Platform C4.Fallback procedure in case of insufficient volumes ▇▇.▇▇▇▇▇▇▇▇ See STAR calendar At auction award Auction W-1 C. AUCTION PROCEDURE
AUCTION CALENDAR. The auction calendar is described in Article 4 – Auction frequency and auction timing’ of the RPP rules and processes for FCR. Overall, the procurement timeline will be the following: Regelleistung auction Fallback procedure in case of insufficient volumes Delivery See STAR calendar At auction award