market operator definition

market operator means a person or persons who manages and/or operates the business of a regulated market. The market operator may be the regulated market itself;

market operator means a ‘market operator’ as defined in Article 4(1)(18) of Directive 2014/65/EU;

market operator means the California Independent System Operator or any other entity performing the market operator function for the Energy Imbalance Market or any organized day-ahead or intra-hour market.

Examples of market operator in a sentence

• The provisions of Section 36A (Charges of Market Operator) and Section 36B (Approval by Commission of statement of charges of Market Operator) of the Act shall apply to the Licensee.

• Where required by the Commission, and within such timeframe as the Commission may reasonably request, the Licensee shall in conjunction with the Northern Ireland Market Operator Licensee, prepare and submit to the Commission for approval a plan, to be known and referred to as the Market System Development Plan, for the development of the Single Electricity Market Trading and Settlement System over the following two calendar years.

• The Licensee shall, in conjunction with the Northern Ireland Market Operator Licensee, no later than SEM Go-Live, submit to the Commission for approval a report setting out the performance criteria against which the performance of the Single Electricity Market Trading and Settlement System may be measured.

• The Licensee shall comply with the Act, the Internal Market Regulations, the Single Market Regulations, the Market Operator Agreement, the Single Electricity Market Trading and Settlement Code and the Conditions of this Licence and all relevant laws of the European Union.

• Where required by the Commission, and within such time frame as the Commission may reasonably require, the Licensee shall, in conjunction with the Northern Ireland Market Operator Licensee, prepare and maintain a register of all relevant market assets in a form as specified by the Commission from time to time, and identifying those relevant market assets of which the Licensee and Northern Ireland Market Operator Licensee are both owners.

More Definitions of market operator

market operator means an entity that provides a service whereby the offers to sell electricity are matched with bids to buy electricity;

market operator means a legal person responsible for the organization and administration of trade in electricity and payment settlements among producers, suppliers, and customers;

market operator means ASX.

market operator means the person licensed to operate the

market operator means the same as in point (13) of Article 4(1) of Directive 2004/39/EC;

market operator means the entity conferred the functions in respect of the ‘Wholesale Electricity Market’ under the WEM Rules which, as at the date this version of the applications and queuing policy comes into effect, is the Australian Energy Market Operator Limited.

market operator means the person undertaking the functions expressed to be assigned to the Market Operator pursuant to the Market Rules Document.