Examples of Northern Ireland Market Operator Licensee in a sentence
The Licensee shall, in conjunction with the Northern Ireland Market Operator Licensee, ensure that persons who are a party to the Single Electricity Market Trading and Settlement Code or who wish to become a party to the Single Electricity Market Trading and Settlement Code have, to the extent that is reasonably practicable, a single point of contact when interfacing with the Single Market Operation Business.
In procuring assets and services pursuant to paragraph 1, the Licensee shall (where appropriate) do so jointly with the Northern Ireland Market Operator Licensee.
The Licensee shall in conjunction with the Northern Ireland Market Operator Licensee, revise the Market System Development Plan at least annually in order that the information set out in the Market System Development Plan continues to be accurate in all material respects and shall submit all revisions to the Commission for approval.
The Licensee shall, in conjunction with the Northern Ireland Market Operator Licensee, conduct the Single Market Operation Business in the manner that it reasonably considers best calculated to achieve the Performance Criteria.
The Licensee shall, in conjunction with the Northern Ireland Market Operator Licensee, report annually to the Commission on the operation of the Market Operator Agreement to the extent relevant to the functions, rights and obligations of the Licensee.
The Licensee shall, in conjunction with the Northern Ireland Market Operator Licensee, periodically review (including at the request of the Commission) the Market Operator Agreement and its implementation.
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, on a monthly basis or at such other intervals as the Commission may reasonably request, submit to the Commission a report, setting out in reasonable detail, information about the level of compliance with their obligations under the Single Electricity Market Trading and Settlement Code achieved by the parties thereto.
Where a proposed amendment is referred to the Commission in accordance with the provision of the Market Operator Agreement included in order to meet the requirements of this paragraph, the Licensee shall comply with (and, in conjunction with the Northern Ireland Market Operator Licensee, amend the Market Operator Agreement to conform to) that amendment to the extent it is approved by the Commission.
Where a relevant market asset is owned jointly with the Northern Ireland Market Operator Licensee, references in this Condition to the disposal of that relevant market asset shall be read as references to the disposal of the Licensee’s interest in that relevant market asset.