Use of Allocated Capacities acquired through Yearly and Monthly Auctions Sample Clauses

Use of Allocated Capacities acquired through Yearly and Monthly Auctions. To use Allocated Capacity from yearly and monthly auctions the delivery of fixed schedules to APG and ELES for the following day – before weekends and before the public holidays and before days when no daily auction is held (according to ANNEX 3a and ANNEX 3b) for the following days until and including the next Working Day – must be received by: - APG before 08:00 (CET); - ELES before 08:00 (CET). Modifications of schedules after this time are not possible. Use is generally based on the principle "use it or lose it". This means that reservations which are not used by fixed schedules at 08:00 (CET) will be made available to all Auction Participants in the daily auction procedures.
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Use of Allocated Capacities acquired through Yearly and Monthly Auctions. To use Allocated Capacity from yearly and monthly auctions the delivery of fixed schedules to APG and ELES for the delivery day D must be received by: - APG in D-2 before 17:00 (CET); - ELES in D-2 before 17:00 (CET). Deadline for yearly and monthly nominations is followed by the 15 minutes correction cycle phases where the ITRs may send corrected nominations in case of mismatched time series or time series with exceeded capacity rights. Already matched time series cannot be changed. The correction cycle ends with the long term cut off time (COT) on D-2 at 18:00 (CET). During correction cycle a new matching process between the TSOs will be started every 15 minutes until COT. As a result of every matching process traders will be informed about confirmation and errors of nominated schedules by a CNF and ANO- reports. If the nominations do not match at COT the nominations are modified in accordance with the following principles and in the following order:
Use of Allocated Capacities acquired through Yearly and Monthly Auctions. To use Allocated Capacity from yearly and monthly auctions the delivery of fixed schedules to APG and ELES for the following day must be received by: - APG before 08:00 (CET); - ELES before 08:00 (CET). Modifications of schedules after this time are not possible. Use is generally based on the principle "use it or lose it". This means that reservations which are not used by fixed schedules at 08:00 (CET) will be made available to all Auction Participants in the daily auction procedures.

Related to Use of Allocated Capacities acquired through Yearly and Monthly Auctions

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