Subject Matter and Scope. 1. These Allocation Rules contain the terms and conditions for the Explicit Allocation of Daily Transmission Rights on the borders specified in Annex 1, it being understood that the Registered Participant will accede to these rules by the signature of the Participation Agreement. In particular, the Allocation Rules set out the rights and obligations of Registered Participants as well as the requirements for participation in Auctions, they describe the process of Auction, including the determination of Marginal Price as a result of Auction and the processes for curtailment of Daily Transmission Rights and invoicing/payment. 2. In the event TSOs introduce market coupling as capacity allocation method on a border listed in Annex 1, the concerned border is excluded from the Auctions regulated by these Allocation Rules in principle as of the time of the implementation of the respective market coupling. This change requires only the decision of the concerned TSOs and is subject to respective regulatory authorities’ approval before it becomes valid. 3. The Auctions refer to Cross Zonal Capacity only and Registered Participants may invoke no other right in connection with the Daily Term Transmission Rights allocated to them than the rights in accordance with the provisions of these Allocation Rules.
Appears in 2 contracts
Samples: Rules for Daily Capacity Allocation, Allocation Rules for Forward Capacity Allocation
Subject Matter and Scope. 1. These Allocation Rules contain the terms and conditions for the Explicit Allocation of Daily Transmission Rights on the borders specified in Annex 1, it being understood that the Registered Participant will accede to these rules by the signature of the Participation Agreement. In particular, the Allocation Rules set out the rights and obligations of Registered Participants as well as the requirements for participation in Auctions, they describe the process of Auction, including the determination of Marginal Price as a result of Auction and the processes for curtailment of Daily Transmission Rights and invoicing/payment.
2. In the event TSOs introduce market coupling as capacity allocation Capacity Allocation method on a border listed in Annex 1, the concerned border is excluded from the Auctions regulated by these Allocation Rules in principle as of the time of the implementation of the respective market coupling. This change requires only the decision of the concerned TSOs and is subject to respective regulatory authorities’ approval before it becomes valid.
3. The Auctions refer to Cross Zonal Capacity only and Registered Participants may invoke no other right in connection with the Daily Term Transmission Rights allocated to them than the rights in accordance with the provisions of these Allocation Rules.
Appears in 2 contracts
Samples: Rules for Daily Capacity Allocation, Rules for Daily Capacity Allocation
Subject Matter and Scope.
1. These Allocation Rules contain the terms and conditions for the Explicit Allocation of Daily Transmission Rights on the borders specified in Annex 1, it being understood that the Registered Participant will accede to these rules by the signature of the Participation Agreement. In particular, the Allocation Rules set out the rights and obligations of Registered Participants as well as the requirements for participation in Auctions, they describe the process of Auction, including the determination of Marginal Price as a result of Auction and the processes for curtailment of Daily Transmission Rights and invoicing/payment.
2. In the event TSOs introduce market coupling as capacity allocation Capacity Allocation method on a border listed in Annex 1, the concerned border is excluded from the Auctions regulated by these Allocation Rules in principle as of the time of the implementation of the respective market coupling. This change requires only the decision of the concerned TSOs and is subject to respective regulatory authorities’ approval before it becomes valid.
3. The Auctions refer to Cross Zonal Capacity only and Registered Participants may invoke no other right in connection with the Daily Term Transmission Rights allocated to them than the rights in accordance with the provisions of these Allocation Rules.
Appears in 2 contracts
Samples: Rules for Explicit Daily Capacity Allocation, Daily Explicit Capacity Allocation Rules