Functional separation definition

Functional separation means separating the costs of the electric company’s business functions and recording the results within its accounting records, including allocation of common costs.
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Functional separation means organisational separation of business units supplying upstream and downstream services together with associated controls to ensure that the units operate in practice on an “arm’s length” basis. It does not of itself require different legal ownership, as would result from “structural separation”.
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Functional separation means the formation of a separate business unit by an electric or gas public utility for purposes of offering competitive services permitted by N.J.S.A. 48:3-55(f) or N.J.S.A. 48:3-58(b) of the Act, which separate business unit shall be a related competitive business segment of an electric public utility or gas public utility as defined in this section and in the Act.
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Examples of Functional separation in a sentence

  • Functional separation has the capacity to improve competition in several relevant markets by significantly reducing the incentive for discrimination and by making it easier to verify and enforce compliance with non-discrimination obligations.

  • Functional separation is carried out on the basis of norms of the substantive and procedural law by entrusting it with certain tasks and independent powers and the measures and tools necessary for their implementation.

  • Functional separation has the capacity to improve competition in several relevant markets by significantly reducing the incentive for discrimination and by making it easier to verify and enforce compliance with non- discrimination obligations.

  • Functional separation would be a less radical intervention but still hold out the prospect of the creating new incentives for access to be supplied on an equal basis to all services operators.

  • Functional separation has the capacity to improve competition in several relevant mar­ kets by significantly reducing the incentive for discrimina­ tion and by making it easier to verify and enforce compliance with non-discrimination obligations.

  • Functional separation means separating out the tasks that are carried out as part of risk assessment or risk management at the time when they are being performed.

  • Functional separation has several advantages: Because it impacts several access markets at the same time, functional separation could address in a single remedy some of the difficulties that arise from compartmentalised analysis of individual markets.

  • Functional separation can also help to unblock the problem whereby dominant carriers can delay investments in access upgrades to avoid cannibalising existing downstream revenues, as is the case, for example, with broadband in countries where local loop unbundling is not available on a non-discriminatory basis.

  • Functional separation of housing and services—meaning that participation in specific support services is NOT required to get or keep housing.

  • Functional separation is defined as “separating the use of information about an individual for a research or statistical purpose from its use in arriving at an administrative or other decision about that individual.” (Privacy Protection Study Commission, 1977, p.


More Definitions of Functional separation

Functional separation means requiring an incumbent operator to put the management of a local access network into an independent company within the parent company and allowing other operators fair access to the network.
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Functional separation means separating the costs of the electric company's
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Related to Functional separation

  • Source separation means the separation of different kinds of solid waste at the place where the waste originates.

  • Air gap separation means the unobstructed vertical distance through the free atmosphere between the lowest opening from any pipe or faucet supplying water to a tank, plumbing fixture, or other device and the flood level rim of the receptacle.

  • Operational Services the operational services described as such in the Services Description;

  • Municipal Separate Storm Sewer System Management Program means a management program covering the duration of a state permit for a municipal separate storm sewer system that includes a comprehensive planning process that involves public participation and intergovernmental coordination, to reduce the discharge of pollutants to the maximum extent practicable, to protect water quality, and to satisfy the appropriate water quality requirements of the CWA and regulations, and this article and its attendant regulations, using management practices, control techniques, and system, design, and engineering methods, and such other provisions that are appropriate.

  • Recreational Services means (unless otherwise defined in this document) services that consist of participation in:

  • Optional Services means services that a USF Service Provider is authorized but not required to provide pursuant to the USF Services and Subsidy Agreement and any Licences held by a USF Service Provider;

  • Distribution Services means services related to the distribution of electricity and the services the Board has required distributors to carry out;

  • Preventive services means preservation services, as defined

  • Municipal separate storm sewer system (MS4 means a conveyance or system of conveyances (including roads with drainage systems, municipal streets, catch basins, curbs, gutters, ditches, man-made channels, or storm drains):

  • Educational Services means educational training provided to Entitled Students at a School;

  • Supportive services means social, health, educational, income support and employment services and benefits, coordination of community building and educational activities, individualized needs assessment, and individualized assistance with obtaining services and benefits.

  • Large municipal separate storm sewer system means all municipal separate storm sewers that are either:

  • Service Specification means and include detailed description, statements to technical data, performance characteristics, and standards (Indian as well as) as applicable and as specified in the Contract as well as those specifications relating to Industry standards and codes applicable to the performance of the work, work performance quality and the specifications affecting the works or any additional specification required to be produced by the DCO to meet the design criteria.

  • Generation Service means the sale of electricity, including ancillary services such as the provision of reserves, to a Customer by a Competitive Supplier.

  • Municipal separate storm sewer system means a conveyance or system of conveyances including roads with drainage systems, municipal streets, catch basins, curbs, gutters, ditches, manmade channels, or storm drains.

  • Educational setting means the building(s) and grounds of the School District; the vehicles provided by the School District for the transportation of students to and from school buildings, field trips, co-curricular and extracurricular activities both on and off School District grounds; all co- curricular and extracurricular activity sites; and any other location where direct contact between an employee or volunteer and a child has allegedly occurred.

  • Service Switching Point (SSP means the telephone Central Office Switch equipped with a Signaling System 7 (SS7) interface.

  • Basic generation service or "BGS" means electric generation

  • Professional Services means those services within the scope of the practice of architecture, professional engineering, landscape architecture, or registered surveying and mapping, as defined by the laws of Florida, or those services performed by any architect, professional engineer, landscape architect, or registered surveyor and mapper, in connection with the firm's or individual's professional employment or practice.

  • Automobile service station means a building or structure or part thereof open to the public where motor vehicles are washed, serviced, repaired, fueled, leased, sold or displayed and may include, but are not limited to a gas bar, car wash, body shop or general or specialty repair shops;