Northern Ireland Fuel Security Code definition

Northern Ireland Fuel Security Code means the Northern Ireland Fuel Security Code designated by the Department of Enterprise, Trade and Industry as a condition of licences granted under Article 10 of the Order;

Northern Ireland Fuel Security Code means the document of that title designated as such by the Department, dealing with the co- operation of licence holders in strategic contingency planning in respect of fuel stocks, the modification of the merit order and certain other systems and procedures under the Grid Code during periods when the Department has given (and there is in force) one or more directions under Article 37(4) of the Order, the entitlement of the Licensee and authorised electricity operators to and the collection of certain payments in anticipation of, during and after the expiry of any such periods, and connected matters.

Northern Ireland Fuel Security Code means the document of that title designated as such by the Department, dealing with the co-operation of licence holders in strategic contingency planning in respect of fuel stocks, the modification of the merit order and certain other systems and procedures under the Grid Code during periods when the Department has given (and there is in force) one or more directions under Article 37(4) of the Order, the entitlement of the Licensee and authorised electricity operators to and the collection of certain payments in anticipation of, during and after the expiry of any such periods, and connected matters.“Northern Ireland Interconnector”means electric lines and electrical plant and meters used for conveying electricity only directly to or from a substation or converter station in Northern Ireland into or out of Northern Ireland, but excluding the North/South Circuits.“Northern Ireland Market Operator Licence”means the licence granted, under Article 10(1)(d) of the Order, to SONI Limited (a body corporate registered in Northern Ireland under company number NI038715) on 3 July 2007.“Northern Ireland Market Operator Licensee”means the person authorised, from time to time, under the Northern Ireland Market Operator Licence in its capacity as the holder of that licence.“North/South Circuits”means the electric lines and electrical plant and meters used for conveying electricity only directly to or from a substation or converter station within Northern Ireland directly to or from a substation or converter station within the Republic of Ireland.“operating security standard”means the standard of that name referred to in Condition 21.“Order”means the Electricity (Northern Ireland) Order 1992.“payment security policy”means the policy of that name referred to in Condition 31.“Permitted Purpose”means the purpose of all or any of the following: (a) the Transmission System Operator Business; (b) the Market Operation Activity; (c) the NEMO Activity; (d) the SMO & Nemo Business; (e) without prejudice to the generality of sub paragraphs (a), (b) and (c), any payment or transaction lawfully made or undertaken by the Licensee in relation to the disposal of or relinquishment of operational control over any relevant asset in accordance with Condition 9; and(f) without prejudice to the generality of sub paragraphs (a), (b) and (c), any payment or transaction lawfully made or undertaken by the Licensee for a purpose within sub-paragraphs(i) to (vi) of paragraph 1(b) of Condition 10.“Po...

Examples of Northern Ireland Fuel Security Code in a sentence

• The Northern Ireland Fuel Security Code may be amended in accordance with its provisions.

• The Licensee shall comply with the provisions of the Northern Ireland Fuel Security Code and such provisions shall have effect as if they were set out in this licence.

• Condition 6: Security arrangements 1 The Licensee shall comply with the provisions of the Northern Ireland Fuel Security Code and such provisions shall have effect as if they were set out in this licence.

• The Licensee shall comply with the provisions of the Northern Ireland Fuel Security Code and such provisions shall have effect as if they were set out in this Licence.

• The licensee shall comply with the provisions of the Northern Ireland Fuel Security Code and such provisions shall have effect as if they were set out in this Licence Document.

• Security Arrangements 1 The Licensee shall comply with the provisions of the Northern Ireland Fuel Security Code in so far as relevant to it and such provisions shall have effect as if they were set out in the Licence.

• Condition 6: Security Arrangements 1 The Licensee shall comply with the provisions of the Northern Ireland Fuel Security Code and such provisions shall have effect as if they were set out in this licence.

• In this Condition: Market RegistrationFramework Agreementshall have the meaning given to it from time totime in the Successor Distribution Licence.Condition 5: Not UsedCondition 6: Security arrangements 1 The Licensee shall comply with the provisions of the Northern Ireland Fuel Security Code and such provisions shall have effect as if they were set out in this licence.

• The Licensee shall comply with the provisions of the Northern Ireland Fuel Security Code and such provisions shall have effect as if they were set out in the Licence.

• The Northern Ireland Fuel Security Code may be amended in accordance with its provisions.Part IIC Condition 11: Compliance with Grid Code 1.