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;
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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.
Sample 1Sample 2Sample 3
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...
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Examples of Northern Ireland Fuel Security Code in a sentence

  • Unless the context otherwise requires, in this report words and expressions defined in the Northern Ireland Fuel Security Code shall bear the same meanings.

  • This Code shall be known as the "Northern Ireland Fuel Security Code".

  • Responses to DETI’s statutory consultation on a revised Northern Ireland Fuel Security Code have been received from several parties.

  • Where the new arrangements involve or may in the future involve new codes and arrangements these have been incorporated in the proposed changes to this condition: • Paragraph 3(A) (v) recognises that the Northern Ireland Fuel Security Code may be superseded.• Paragraph 8 relates to the power of the Utility Regulator to make changes to the new trading arrangements after it has determined that they meet the tests set out.

  • The Northern Ireland Fuel Security Code (“FSC”) is a code to which all electricity licence holders in Northern Ireland become party under their licences.

  • 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 Document.

  • Responses to DETI‟s statutory consultation on a revised Northern Ireland Fuel Security Code have been received from several parties.

  • Annex 1: FSC marked with Proposed Changes 15 1Introduction The Northern Ireland Fuel Security Code (the “FSC”) was designated by the Department of Economic Development as at 31st March 1992 as a condition of licences granted under Article 10 of the Electricity (Northern Ireland) Order 1992.

  • If the British Athletes Commission receive personal data about a data subject from other sources, it will provide the data subject with this information as soon practical.

Related to Northern Ireland Fuel Security Code

  • Railway Code Systems means necessary systems within the meaning of the Systems Code;

  • Indian-owned economic enterprise means any Indian-owned (as determined by the Secretary of the Interior) commercial, industrial, or business activity established or organized for the purpose of profit, provided that Indian ownership constitutes not less than 51 percent of the enterprise.

  • the United Kingdom means Great Britain and Northern Ireland;

  • Cayman Companies Act means the Companies Act (As Revised) of the Cayman Islands.