Allocation Platform means the entity appointed and commissioned by the TSOs to act on their behalf and on its own name for the attribution of Cross Zonal Capacity through the Shadow Auctions
Allocation Platform means BritNed Development Limited;“Allocation Platform Registered Participant Guide”means the guide to these Rules published by the Allocation Platform from time to time;“Allocations Rules”Means the rules governing the allocation of forward capacity as set out in Annex 1 of these Rules.“Amendment Notice”means the notification and any associated documents issued by the Allocation Platform pursuant to Rule E4, provided to the Registered Participants and which provide Registered Participants with the Allocation Platform’s proposed amendment(s) to the Rules;“Applicable Law”means any statute, statutory instrument, licence (including the Allocation Platform Interconnector Licence, NGESO Transmission Licence and the Licence Standards) law (whether English or Dutch) or decree or order in council or directive, or any code including the GB Grid Code, the Dutch Codes and the Balancing and Settlement Code, or any request, requirement, instruction, direction or rule of any Competent Authority but only, where not having the force of law, if compliance with the Applicable Law is in accordance with the general practice of persons to whom the Applicable Law is addressed;“Auction”means any auction conducted under these Rules;“Auction Credit Limit”means a credit limit established by a Registered Participant as referred to in Rule B5.2 in respect of participation in any Auction;“Auction Price”means the value of the Marginal Price of an Auction, and which is payable by all Unit Holders resulting from such Auction;“Auction Specification”means, the specification for the Auction published by the Allocation Platform, as described in Rules C2 and C3 for Day Ahead and Intraday Timescales or the specification for a Long Term Auction published by the Allocation Platform under the Allocation Rules;“Auction Tool”means the IT system used for conducting Auctions and other associated Transmission Rights activities;“Balancing and Settlement Code”means the code of that name established under the NGESO Transmission Licence;“Bid”means a Registered Participant’s offer to buy Units in an Auction, and made in accordance with these Rules;“Bidding Period”means, in relation to an Auction, the time during which Bids
Allocation Platform means BritNed Development Limited;
Examples of Allocation Platform in a sentence
The confirmation or refusal note shall be sent via electronic means as specified by the Allocation Platform on its website.
If any of the termination events in paragraph 4 occurs in relation to a Registered Participant, the Allocation Platform may by notice to the Registered Participant terminate the Participation Agreement, including the Registered Participant’s rights connected with these Shadow Allocation Rules.
Unless the Allocation Platform remedies the breach within the abovementioned deadline, the termination shall take effect immediately upon expiration of such deadline.
For the avoidance of doubt, the Transmission Rights, which the Registered Participant is prohibited from using as a result of termination, may be offered by the Allocation Platform in subsequent Auctions.
The Registered Participant shall send a notice to the Allocation Platform stating the reason for termination and giving the Allocation Platform twenty (20) Working Days to remedy the breach.
More Definitions of Allocation Platform
Allocation Platform means an entity appointed and commissioned by responsible
Allocation Platform means the platform for the attribution of cross-zonal capacity through the shadow auctions on respective CCR Hansa bidding zone borders.
Allocation Platform means either the responsible TSO(s) at the respective bidding zone border(s) or an entity appointed and commissioned by them or nominated in accordance to national regulations to act on their behalf and on its own name for the attribution of cross-zonal capacity through the shadow auctions;
Allocation Platform means the platform for the attribution of cross-zonal capacity through the shadow auctions on respective Core CCR bidding zone border;
Allocation Platform means an entity appointed and commissioned by responsible Transmission System Operator(s) to act on their behalf and on its own name it being a single allocation platform or regional platform(s) for the attribution of daily Cross Zonal Capacity through the Auctions as defined in the Participation Agreement;
Allocation Platform means BritNed Development Limited; “Allocation Platform Registered Participant Guide”“Affiliate” means, in relation to any person, any other person that directly or indirectly controls, is controlled by or is under direct or indirect common control with that person as control;means the guide to these Rules published by the Allocation Platform from time to time; “Allocation RulesConstraints” means the constraints to be respected during capacity allocation to maintain the transmission system within operational security limits and have not been translated into cross-zonal capacity or that are needed to increase the efficiency of capacity allocation.means the rules governing the allocation of forward capacity as set out in Annex 1 of these Rules. “Amendment Notice” means the notification and any associated documents issued by the Allocation PlatformBritNed pursuant to Rule E4F4, provided to the Registered Participants and which provide Registered Participants with the Allocation Platform’sBritNed’s proposed amendment(s) to the Rules; “Annual” means a product with a delivery period of twelve calendar months starting on 1st January and ending on 31st December of the same year; “Applicable Law” means any statute, statutory instrument, licence (including the Allocation PlatformBritNed Interconnector Licence, NGESONGET Transmission Licence and the Licence Standards) law (whether English or Dutch) or decree or order in council or directive, or any code including the GB Grid Code, the Dutch Codes and the Balancing and Settlement Code, or any request, requirement, instruction, direction or rule of any Competent Authority but only, where not having the force of law, if compliance with the Applicable Law is in accordance with the general practice of persons to whom the Applicable Law is addressed; “Application Form” means the form designated by BritNed for the purposes of these Rules to apply for a Participation Agreement “Auction” means any auction conducted under these Rules; “Auction Credit LimitPrice” means a credit limit establishedthe value of the Marginal Price of an Auction, and which is payable by a Registered Participant as referred to in Rule B5.2 in respect of participation in anyall Participants resulting from suchAuction;
Allocation Platform means an entity appointed and commissioned by responsible Transmission System Operators(s) (hereinafter “TSO(s)”) to act as an allocation platform on their behalf and on its own name it being the allocation platform or regional platform for the attribution of intraday cross zonal capacity through the auctions as defined in the participation agreement;