Examples of Offshore Transmission Licence in a sentence
The licence sets out an OFTO’s rights and obligations as the offshore transmission asset owner and operator.Offshore Transmission Owner (OFTO)The holder of an Offshore Transmission Licence.
We have identified three major table layout classes that appear frequently on the Web: 1-Dimensional (1D), 2-Dimensional (2D), and Complex tables as shown in Figures 4(a), 4(b), and 5, respectively.
Under Condition E21 (Offshore Transmission Owner of Last Resort) of the Offshore Transmission Licence and Condition B18 of the onshore TO licences, the Authority is able to issue Directions to licensed parties requiring them to provide transmission services in certain circumstances.
However, single entity organisations may consider that the resources, range and depth of skills required for a Qualifying Project are such that they wish to collaborate to form a consortium, with a lead organisation or special purpose vehicle ultimately being issued the Offshore Transmission Licence.
No compensation is available for revocation of the Offshore Transmission Licence in accordance with its terms.
An OFTO, as a Transmission Licensee, will be required to be a party to the STC in accordance with its Offshore Transmission Licence.
These risks arise from changes in the regulatory framework for the transmission of electricity (such as the various codes which an OFTO is obliged to comply with under its Offshore Transmission Licence), the specific contractual arrangements which an OFTO is required to have in place and to changes in law which may affect the OFTO.
Pursuant to section 6C of the Electricity Act 1989, the Authority may make regulations to run the Tender Round and will ultimately grant the Successful Bidder(s) an Offshore Transmission Licence.
Evidence that the Authority has issued, and not revoked, an Offshore Transmission Licence to the Purchaser in respect of the Sites in accordance with the provisions of the Electricity Act 1989 and the Tender Regulations.2. A copy of the minutes of a meeting of the directors of the Purchaser authorising the Purchaser to enter into and perform its obligation under this Agreement, certified to be a true and complete copy by a director or the secretary of the Purchaser;3.
Subject to any interim or final findings of any proceedings brought within the ten working day period referred to in paragraph 10.12, at the end of such ten working day period Ofgem will determine whether or not to grant an Offshore Transmission Licence to the Successful Bidder and will publish a notice to that effect.