Capacity Market Rules definition

Capacity Market Rules means the rules created pursuant to section 34 of the Energy Act 2013 as modified from time to time in accordance with The Electricity Capacity Regulations 2014;
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Capacity Market Rules means the rules made under section 34 of the Energy Xxx 0000 as modified from time to time in accordance with that section and The Electricity Capacity Regulations 2014;
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Capacity Market Rules means rules established from time to time by the Secretary of State pursuant to Regulation 34(1) of the Energy Xxx 0000;
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Examples of Capacity Market Rules in a sentence

  • Throughout the exportation period, an exporter shall act according to the legislation of Georgia, including the Electricity (Capacity) Market Rules and the electricity (capacity) balances.

  • Chapter 5 of the Capacity Market Rules 2014 (and subsequent amendments) explains the Capacity Market Auction.

  • Release or otherwise of Applicant Credit CoverWhat needs to be doneProvide to the Delivery Body a copy of a report authored by an Independent Technical Expert verifying that the Financial Commitment Milestone has been reached.When must it be done byNo later than 16 months after the Auction Results Day Prospective CMU(s) are required, under Rule 6.6 of The Capacity Market Rules, to satisfy a Financial Commitment Milestone by no later than 16 months after receiving Auction results.

  • Management’s estimate is also based on the fact that the Group is obliged to buy the balancing electricity and the guaranteed capacity based on the Law of Georgia on Electricity and Natural Gas and the Electricity (Capacity) Market Rules and that the Group bears full credit risk on the purchased and sold capacities.

  • The Capacity Market Rules 2014 (as amended) (“the Rules”) provide the technical and administrative detail for implementing the operating framework set out in the Regulations.

  • At the time, this was one of the Metering options the Department of Energy and Climate Change (DECC) was considering for Sites with Settlement Metering registered in Supplier Volume Allocation (SVA).The Capacity Market Rules allow for four types of Metering configuration solution:1.

  • What is the proposed solution?To prevent potential for confusion between the BSC and Capacity Market Rules, and remove superfluous content from the BSC, we are proposing that BSC Section K3.1.8(b) is removed from the BSC.

  • In order to provide a strong legislative base for the GEMM and ETM, Georgia’s two principal electricity sector legislative instruments, the Law on Electricity and Natural Gas and the Electricity (Capacity) Market Rules, will need first to be amended and, in the near term, supplemented by new legislation and sub legislation.Legal drafting work has commenced.

  • As such, the Capacity Market Rules provide a description and procedures regarding the operation of the Capacity Market.

  • In 1986, tortoise remains were found around a raven nest and roost site at the Christmas Tree Pass study plot inNevada (Sid Sloan, Bureau of Land Management, pers.


More Definitions of Capacity Market Rules

Capacity Market Rules means the rules so called and created pursuant to Section 34 of the Energy Act 2013, and from time to time modified by the Secretary of State or the Authority in accordance with [The Electricity Capacity Regulations 2014]; and [(f) "AF Rules" means The Allocation Framework referred to in [The Contracts for Difference (Allocation) Regulations 2014]. 1.6.4 The Parties shall comply with the procedures set out in any IS Policies relating to the co- ordination of change, including ensuring that a person is appointed within their organisation with overall responsibility for changes to the Code and Code Subsidiary Documents. 1.9 InterpretationInsert new paragraph 1.9.3 to read as follows: 1.9.3 For the purposes of this Section F, in relation to the consultation of interested third parties, the term ‘interested third parties’ shall include the CFD Counterparty, the CM Settlement Body, the CFD Settlement Services Provider and the CM Settlement Services Provider. 2.1 Modification Proposals Amend paragraph 2.1.1 to read as follows: 2.1.1 A proposal to modify the Code may be made by any of the following: (a) a Party (other than BSCCo or the BSC Clearer); (b) the National Consumer Council; (c) such other bodies representative of interested third parties as may be designated in writing for this purpose by the Authority from time to time; (d) the Panel:
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Capacity Market Rules means the rules so called and created pursuant to Section 34of the Energy Act 2013, and from time to time modified in accordance with The Electricity Capacity Regulations 2014;
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Capacity Market Rules means rules made pursuant to section 34 of the Energy Act or by the Authority in accordance with the Electricity Capacity Regulations 2014
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Capacity Market Rules means the rules made under section 34 of the Energy Act
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Capacity Market Rules means the rules so called and made under to Section 34 of the Energy Act 2013, and from time to time modified by the Secretary of State under that section or by the Authority in accordance with The Electricity Capacity Regulations 2014;”;“"Capacity Provider":has the meaning given to that term in the Capacity Market Rules;”;“"CFDArrangements":means:(i) the contract for difference arrangements specified in Chapter 2 of Part 2 of the Energy Act 2013;(ii) any regulation, licence modification or other instrument made by virtue of or pursuant to Chapter 2 of Part 2 of the Energy Act 2013; and(iii) the systems and processes used by any CfD Counterparty and/or any CFD Settlement Services Provider in complying with, and delivering the requirements specified in (i) and/or (ii);”;“"CFD Assets":means Plant and Apparatus (including apparatus used for station load or other demand required for the purposes of netting under a Contract for Difference to the extent that any arrangements for netting are identified in the Contract for Difference relating to those Plant and Apparatus) that are subject to a Contract for Difference;”;“"CfDCounterparty":means a person designated as a "CfD counterparty" under section 7(1) of the Energy Act 2013;”;“"CFD Documents":has the meaning given to that term in Section F1.6.3;”;“"CFD Settlement Data":has the meaning given to that term in Section V5.2.1;”;“"CFD Settlement Services Provider":means any person:(i) appointed for the time being and from time to time by a CfD Counterparty; or(ii) who is designated by virtue of Section C1.2.1B,in either case to carry out any of the CFD settlement activities (or any successor entity performing CFD settlement activities);”;“"CFD Settlement Services Provider Costs":has the meaning given to that term in Section D7.1.1;”;“"CMAdministrative Parties":has the meaning given to the term ‘administrative parties’ in The Electricity Capacity Regulations 2014 and, for thepurposes of the Code only, shall include any CM Settlement Services Provider;”;
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Capacity Market Rules means (as applicable) the Electricity Capacity Regulations 2014 (as amended from time to time) and/or the Capacity Market Rules 2014 (as amended from time to time);
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Related to Capacity Market Rules

  • PJM Market Rules means the rules, standards, procedures, and practices of the PJM Markets set forth in the PJM Tariff, the PJM Operating Agreement, the PJM Reliability Assurance Agreement, the PJM Consolidated Transmission Owners Agreement, the PJM Manuals, the PJM Regional Practices Document, the PJM-Midwest Independent Transmission System Operator Joint Operating Agreement or any other document setting forth market rules.

  • Capacity Market Buyer means a Member that submits bids to buy Capacity Resources in any Incremental Auction.

  • Relevant Rules means, at any time, the laws, regulations, requirements, guidelines and policies relating to capital adequacy (including, without limitation, as to leverage) then in effect in the United Kingdom including, without limitation to the generality of the foregoing, as may be required by CRD IV or BRRD or any applicable successor legislation or any delegated or implementing acts (such as regulatory technical standards) adopted by the European Commission and applicable to the Issuer from time to time and any regulations, requirements, guidelines and policies relating to capital adequacy adopted by the Relevant Regulator from time to time (whether or not such requirements, guidelines or policies are applied generally or specifically to the Issuer or to the Issuer and any of its holding or subsidiary companies or any subsidiary of any such holding company).

  • Capacity Market Seller means a Member that owns, or has the contractual authority to control the output or load reduction capability of, a Capacity Resource, that has not transferred such authority to another entity, and that offers such resource in the Base Residual Auction or an Incremental Auction.

  • FCA Rules means the Rules included within the FCA Handbook issued by the FCA.

  • AIM Rules means the rules published by the London Stock Exchange governing admission to AIM and the regulation of AIM companies as amended or re-issued from time to time;

  • Base Capacity Resource means a Capacity Resource as described in Tariff, Attachment DD, section 5.5A(b).

  • Client Money Rules means the rules specified in paragraph 72 of the Securities Act 2007 which provides for the Provision of Investment Services, the Exercise of Investment Activities, the Operation of Regulated Markets and other related matters

  • PJM Tariff or “Tariff shall mean that certain “PJM Open Access Transmission Tariff”, including any schedules, appendices or exhibits attached thereto, on file with FERC and as amended from time to time thereafter.