CfD Settlement Services Provider definition

CfD Settlement Services Provider means any person appointed for the time being and from time to time by the CfD Counterparty to carry out any of the CfD Settlement Activities, or who is designated by the Secretary of State to carry out the CfD Settlement Activities, acting in that capacity;
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CfD Settlement Services Provider means any person appointed for the time being and from time to time by the CfD Counterparty to carry out any of the CFD settlement activities or who is designated, by virtue of Section C1.2.1B, to carry out CFD settlement (or any successor performing the functions of that person); "CFD Settlement Services Provider Costs":has the meaning given to that term in Section D7.1.1; "CM Administrative Parties":has the meaning given to the term ‘administrative parties’ in [The Electricity Capacity Regulations 2014]; "CM Arrangements":means: (i) the capacity market arrangements specified in Chapter 3 of Part 2 of the Energy Act 2013;(ii) any regulations, rules, licence or Directive made pursuant to Chapter 3 of Part 2 of the Energy Act 2013; and(iii) the systems and processes used by the CM Settlement Body and/or the CM Settlement Services Provider in complying with, and delivering the requirements specified in, (i) and/or (ii); "CM Assets":where a Capacity Provider has elected to use a BSC metering option, means Plant and Apparatus (including apparatus used for station load or other demand required for the purposes of netting under the Capacity Arrangements) that are subject to a Capacity Agreement entered into pursuant to Chapter 3 of Part 2 of the Energy Act 2013; "CM Settlement Body":has the meaning given to the term settlement body in the Energy Act 2013; "CM Settlement Data":has the meaning given to that term in Section V5.3.1; "CM Settlement Services Provider ":means the person appointed as the capacity market settlement services provider by the CM Settlement Body from time to time or who is designated, by virtue of Section C1.2.1.B, to carry out the CM settlement (or any successor performing the functions of that person); "CM Settlement Services Provider Costs":has the meaning given to that term in Section D7.2.1; "Contract for Difference":means a contract for difference entered into by the CFD Counterparty pursuant to Chapter 2 of Part 2 of the Energy Act 2013; "Contracts for Difference Supplier Obligation":means the supplier obligation established pursuant to the Energy Act 2013 and set out in [The Contracts for Difference (Supplier Obligation) Regulations 2014];
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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); "CHAPS": means the Clearing House Automated Payments System; "Chief Executive": means the person appointed from time to time as chief executive of BSCCo by the Board in accordance with Section C4.6; "Citizens Advice": means the National Association of Citizens Advice Bureaux; "Citizens Advice Scotland": means the Scottish Association of Citizens Advice Bureaux; "Class": in relation to a Trading Unit Application, means a Class as referred to in Annex K-2; "Clearing Account": means the clearing account established with the BSC Banker in the name of the BSC Clearer pursuant to Section N4.1.1(a); "Clock Change Day" means the 24 hour period commencing at 00:00 during which a Clock Change occurs; "Clock Change": means a step change in local time in accordance with the beginning and ending of summer time in Great Britain as defined by the Summer Time Act 1972; "CM Administrative Parties": has the meaning given to the term ‘administrative parties’ in The Electricity Capacity Regulations 2014 and, for the purposes of the Code only, shall include any CM Settlement Services Provider; "CM Arrangements": means:(i) the capacity market arrangements specified in Chapter 3 of Part 2 of the Energy Act 2013;(ii) any regulations, rules, licence modification or other instrument made pursuant to Chapter 3 of Part 2 of the Energy Act 2013; and(iii) the systems and processes used by the CM Settlement Body and/or any CM Settlement Services Provider incomplying with, and delivering the requirements specified in, (i) and/or (ii);
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Examples of CfD Settlement Services Provider in a sentence

  • The value of the treatment systems, coupled with the operation costs, was utilized to calculate the annual user cost that would result if the County were to take ownership of these wastewater systems.

  • BSCCo will provide LAMO to the CfD Settlement Services Provider for CfD settlement.

  • The CfD Settlement Services Provider will operate and maintain the settlement IT system.

  • As per usual CfD settlement processes, the CfD Settlement Services Provider would then adjust the (estimated) gross-net-net Metered Ometered utput for electricity losses and a fixed Renewable Qualifying Multiplier (RQM) would be applied to derive the proportion of LAMO qualifying for CfD support.

  • Lastly, where necessary and applicable, the CfD Settlement Services Provider will also undertake up to two further calculations.

  • Provide, where applicable, Half Hourly metered data for the CFD Arrangements to the CfD Settlement Services Provider in accordance with Section S 2.10.

  • At the beginning of each trading month, the CfD Settlement Services Provider would use the new month’s actual import input data to correct the last month’s estimated data.

  • Once the Generator has provided (or contracted out the provision of) metered data volumes to the CfD Settlement Services Provider, it will ‘net off’ the two volumes and apply the appropriate loss adjustment calculations (i.e. the generic settlement Line Loss Factor (LLF) – see Annex A) to derive the LAMO for each Settlement Unit.

  • This will provide an accurate Metered Output reading to the BSCCo, which will be passed to the CfD Settlement Services Provider.

  • In this process, when reports are made to the system, each report has identifying details that enables the schedule admin personnel to view, retrieve and profile it for investigation.


More Definitions of CfD Settlement Services Provider

CfD Settlement Services Provider means any person:
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Related to CfD Settlement Services Provider

  • Payment Services means such Services as We provide in relation to payments into and out of Your Account.

  • Wireless services provider means a person who provides wireless services.

  • payment service provider means a person whose business includes the provision of transfer of funds services;

  • Cash Management Services means any cash management or related services including treasury, depository, return items, overdraft, controlled disbursement, merchant store value cards, e-payables services, electronic funds transfer, interstate depository network, automatic clearing house transfer (including the Automated Clearing House processing of electronic funds transfers through the direct Federal Reserve Fedline system) and other cash management arrangements.

  • Investment Services means the Investment Services under the Company’s CIF license which can be found in the document “Company Information” on the Website.

  • Curtailment Service Provider or “CSP” shall mean a Member or a Special Member, which action on behalf of itself or one or more other Members or non-Members, participates in the PJM Interchange Energy Market, Ancillary Services markets, and/or Reliability Pricing Model by causing a reduction in demand.

  • Merchant means a company, firm or other organisation accepting either all Cards as a means of payment for goods and/or services or at least one type of Card for business to business transactions.