Common use of Interconnection Capacity Clause in Contracts

Interconnection Capacity. Available cross-border electric energy transfer capacity on the interconnections between Austria and Slovenia. International Trade Responsible (hereinafter referred to as “ITR”): Balance Responsible Party which is known by the Nomination Validator as the entity entitled to use the PTR. Intraday Capacity Access Rules (hereinafter referred to as “Intraday Rules”): The regulations set out in this document applicable to the allocation and nomination of intraday ATC at the transmission interconnections between the control areas of APG and ELES. Net Transfer Capacity (“NTC”): The maximum exchange program between two control areas compatible with security standards applicable in both areas and taking into account the technical uncertainties on future network conditions. PTR holder: The legal entity (User) which has obtained intraday PTR. Reserved Intraday Capacity: Capacity obtained in the intraday allocation procedure as specified in Article 5.3 of these Intraday Rules. Rights Document (hereinafter referred to as “RD”): Electronic notification sent to both TSOs and relevant ITR by ELES as a result of Users Intraday Capacity reservation. Scheduling Platform (hereinafter referred to as “SP”): IT system used by ELES to allocate available transmission intraday capacity rights on the Slovenia-Austria interconnection. Transmission Capacity Allocator: ELES, mandated by APG to allocate Intraday ATC rights on the Slovenia-Austria Interconnection. User: A market participant with the access to the Scheduling Platform that fulfils prerequisites for participation in the Intraday Procedure of at least one of the Parties according to provisions of these Intraday Rules.

Appears in 5 contracts

Samples: Intraday Capacity Access Rules, Intraday Capacity Access Rules, Intraday Capacity Access Rules

AutoNDA by SimpleDocs
Draft better contracts in just 5 minutes Get the weekly Law Insider newsletter packed with expert videos, webinars, ebooks, and more!