NEMO Cooperation Sample Clauses

NEMO Cooperation. The Nemo Cooperation currently comprises several decision bodies, namely the NEMO Committee, NEMO DA SC and NEMO ID SC. Each of these bodies are formed by representatives of each NEMO designated for the specific timeframe (i.e. DA or ID). The chairperson of the NEMO Committee, NEMO DA SC, NEMO ID SC as well as the leaders of the WGs/TFs are provided by the NEMOs with the exception of the COST TF where the convenor role is performed by the PMO. NEMO DA and NEMO ID organization cooperate with PCR Cooperation and XBID Cooperation. 4.1.1.1 Governance under ANCA a) the approval of terms and conditions and methodologies as required by CACM; b) the approval of the budget, high-level investments and planning for further development of the MCO Function. In this respect, the NEMO Committee shall establish a process for the classification and approval of change requests associated with the development of the MCO Function assets, including informing and consulting stakeholders on change to the MCO Function assets2; c) the resolution on any issues escalated from market coupling operations; d) the submission of external reporting and representation; e) the relationship with ENTSO-E; f) the management of stakeholder consultations foreseen by CACM. Several task forces (hereinafter TFs) report to the NEMO Committee. Task force leaders are designated by the NEMO Committee. The Cost TF is in charge of the management of the budget, the regular monitoring and reporting to NEMO Committee, the drafting of the cost reports to NRAs, the resettlement and communication to each party for the invoicing. The Cost TF has a coordination role in relation to ANDOA Financial Management Working Group (WG), ANIDOA Cost Management Group (CMG and The PCR Financial and Management WG (FMWG)). The Technical TF is in charge of managing the technical aspects of the review of CACM Methodologies, annual report and possible design aspects in relation to implementation of 2 The All NEMO Committee shall maintain a public register of all on-going changes and shall be responsible for organizing necessary and appropriate stakeholder consultation for those changes CACM Methodologies. The Legal TF is in charge of the management of the legal and regulatory issues in relation to ANCA governance, including the drafting and/or review of contracts, CACM methodologies and any other possible legal documentation. Currently, meetings of the Legal TF are scheduled every week. The Reporting and Communication TF is in ch...