Common use of Requirements for Exchange Clause in Contracts

Requirements for Exchange. All TSOs involved in the Exchange of FCR shall agree in a FCR Exchange Agreement upon their roles and responsibilities according to Article 173(5) and 126 of the SO GL. The exchange of FCR invokes a transfer of the FCR obligation from the Reserve Receiving TSO to the Reserve Connecting TSO for the considered Reserve Capacity on FCR according to Article 173 (3) of the SO GL. The Reserve Connecting TSO of Synchronous Area CE, as Reserve Connecting LFC Block, shall increase its K-Factor to integrate the exchanged FCR Capacity. The Reserve Receiving TSO of Synchronous Area CE, as Reserve Receiving LFC Block, shall not adjust its K-Factor.

Appears in 6 contracts

Samples: eepublicdownloads.entsoe.eu, eepublicdownloads.entsoe.eu, eepublicdownloads.entsoe.eu

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