FCA Regulation definition
Examples of FCA Regulation in a sentence
All Core Regulatory Authorities have assessed, consulted and closely cooperated and coordinated to reach the agreement that the LT TR Amendment Proposal meets the requirements of the FCA Regulation and as such can be approved by all Core Regulatory Authorities.
The Allocation Rules are of indefinite duration and are subject to amendment in accordance with Article 4, paragraph 12 of the FCA Regulation.
It contributes to and does not in any way hinder the achievement of the objectives of Article 3 of the FCA Regulation.
These Allocation Rules apply to Capacity Allocation for Long Term Transmission Rights with the delivery period to be specified by the Single Allocation Platform on its website upon the entry into force of these Allocation Rules, it being understood that the said delivery period shall be from 1 January in the subsequent year following the adoption of these Allocation Rules in accordance with Article 4 of the FCA Regulation.
For the purpose of these allocation rules, the definitions in Article 2 of the FCA Regulation, Article 2 of Regulation (EU) 2015/1222, Article 2 of Regulation (EU) 2019/943, Article 2 of Regulation (EU) 2013/543 and Article 2 of Directive (EU) 2019/944 shall apply.
In the event that there is a change in legislation or any action by competent authorities at national or European Union level which have an effect on these Allocation Rules and/or their annexes then, notwithstanding any other provision of these Allocation Rules, the Allocation Rules shall be amended accordingly and pursuant to the Article 4, paragraph 12 of the FCA Regulation.
The LTSR methodology All Core TSOs organized, from 10 June 2019 until 10 July 2019, the public consultation of the LTSR methodology in accordance with the requirements in Article 16, Article 4(12) and Article 6 of the FCA Regulation.
In addition, six months after the approval of the Core TSOs’ common capacity calculation methodology for long‐term time frames in accordance with Article 10(1) of the FCA Regulation, Core TSOs will submit a review on possible adjustments of the Core TSOs’ LTSR methodology resulting from the final methodology in accordance with Article 10(1) of the FCA Regulation to all Core Regulatory Authorities (see Article 7(1) of the LTSR methodology).
Core Regulatory Authorities expressed their opinion in the shadow opinion that the offering of one hundred percent capacity at the year‐ahead allocation (“100% approach “) is not in line with the spirit of the FCA Regulation as Article 31(2) of the FCA Regulation states that all TSOs issuing long‐term transmission rights shall offer long‐term cross‐zonal capacity, through the Single Allocation Platform, to market participants for at least annual and monthly time frames.
All Core Regulatory Authorities have assessed, consulted and closely cooperated and coordinated to reach the agreement that the LTSR methodology meets the requirements of the FCA Regulation and as such can be approved by all Core Regulatory Authorities.