Examples of BSP in a sentence
Upon concluding of this Balancing Service Provider Agreement (hereinafter referred to as the “Agreement”) the BSP shall obtain the right to conclude transactions on the electricity balancing market, which shall be subject to settlement.
OST may require additional information in case that the BSP is not registered in the Albanian commerce register and therefore is not in a position to submit the necessary certificate of registration.
TERMS AND CONDITIONS OF THE AGREEMENT BSP is selected to perform activities in accordance to this Agreement based on open and transparent prequalification procedure performed by OST in accordance to the Article 4.1.2 of the Albanian Balancing Market Rules.
The requirements that were set by OST as conditions for BSP prequalification, set at Albanian Balancing Market Rules, such as: the legal, information-technical, communicational, organizational, financial capability of the BSP, as well as BRP portfolio, shall be fulfilled by BSP during the whole duration of this Agreement.
The BSP accepts that the Albanian Balancing Market Rules are approved by ERE and that ERE shall have the right to impose the provisions of these rules on the BSP as it has been provided for in them.