Capacity Market Code definition

Capacity Market Code means the code of that name which, inter alia, makes provision for arrangements to secure generation adequacy and capacity to meet the demands of consumers including (without limitation) rules and procedures for the application for, and allocation of, agreements to remunerate the provision of electricity capacity (whether through the provision of generation, electricity supplied via interconnectors, reduction in demand or otherwise) across the island of Ireland and sets out the responsibilities of the parties to the code;
Capacity Market Code means the code designated as the Capacity Market Code by the Regulatory Authorities for the purposes of the Capacity Market condition of the respective Transmission System Operator Licences;
Capacity Market Code means the code of that name referred to in Condition 6A;

Examples of Capacity Market Code in a sentence

  • The Licensee shall be party to and shall comply with the Capacity Market Code insofar as applicable to it.

  • Different days may be so appointed for different provisions and for different purposes.4. In this Condition: Capacity Market Codehas the meaning given to that term in the Transmission System Operator Licence; andIntermediaryhas the meaning given to that term in the Capacity Market Code.

  • In this Condition: Capacity Market Codehas the meaning given to that term in the Transmission System Operator Licence; andIntermediaryhas the meaning given to that term in the Capacity Market Code.

  • The Licensee shall ensure that the person appointed as an Intermediary under an agreement entered into in accordance with paragraph 1(b) insofar as applicable to it: (a) becomes a party to the Capacity Market Code; and (b) complies with its obligations, in relation to any generation set which is specified in the agreement, in the capacity of Intermediary under the Capacity Market Code.

  • If a proposal is received and deemed to be contrary to the Capacity Market Code Objectives or does not further any of those objectives, the Regulatory Authorities (RAs) will reject the proposal on the grounds of being spurious, as set out in section B.12.6 of the CMC.

  • The forum selection clause in the Non-Disclosure Agreement signed by Mazur, Matt Golonka, Hess, and Famous states:This Agreement and any disputes arising under or related thereto (whether for breach of contract, tortious conduct, or otherwise) shall be governed by the laws of the State of Georgia, without reference to its conflict of law principles.

  • The Licensee shall be party to, and shall comply with the Capacity Market Code insofar as applicable to it.

  • Decisions made during the development of the I-SEM CRM Detailed Design were translated intoauction market rules to form the Capacity Market Code (CMC) (SEM-17-033) which was published in June 2017.

  • The Licensee shall report to the Commission on its compliance with the Grid Code, Distribution Code, Metering Code, the Capacity Market Code and the SEM Trading and Settlement Code as required by the Commission.

  • As per the Capacity Market Code (section F.3.1.4), the Regulatory Authorities may adjust the Demand Curve within the Final Auction Information Pack (FAIP) (which is due to be published in November 2018).


More Definitions of Capacity Market Code

Capacity Market Code has the meaning given to that term in the Licence;
Capacity Market Code means the code of that name referred to inCondition 6A;
Capacity Market Code means the code of that name which sets out the rules to secure generation adequacy and capacity to meet the demands of consumers including (without limitation) rules and procedures for the application for, and allocation of, agreements to remunerate the provision of electricity capacity