Physical Transmission Right definition

Physical Transmission Right means a right entitling its holder to physically transfer a certain volume of electricity in a certain period of time between two Bidding Zones in a specific direction;
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Physical Transmission Right. Import or Export capacity allocated by explicit or implicit auctions according to the rules mentioned in Appendix 1 to the Contract;
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Physical Transmission Right means a right entitling its holder to physically transfer a certain volume of electricity in a certain period of time and in a specific direction between Great Britain and the Netherlands, to the extent that the Interconnector Capability permits;
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Examples of Physical Transmission Right in a sentence

  • The Physical Transmission Right holders who do not nominate their Physical Transmission Rights for physical use of their rights or has not reserved its Physical Transmission Rights for the balancing services shall be entitled to receive remuneration in accordance with Article 48.

  • Physical Transmission Right (“PTR”): Right to use Interconnection capacity for electricity transfers expressed in MW.

  • The owner of the Physical Transmission Right will be refunded for the non-nominated capacity via the UIOSI principle.

  • The Physical Transmission Right holders who do not nominate their Physical Transmission Rights for physical use of their rights, shall be entitled to receive remuneration in accordance with Article 48.

  • Physical Transmission Right (PTR): Standard PTRs are the right to use Capacity allocated to a Market Participant expressed in MW.

  • Before going into the detail of the questions laid out in the consultation, EFET would like to draw the attention of ACER on a number of general considerations: Distinction between PTRs, FTRs and CfDs We would like to underline our agreement on the respective descriptions of the consultation document on what should be considered as a Physical Transmission Right (PTR), a Financial Transmission Right (FTR), and a Contract for Differences (CfD).

  • The Physical Transmission Right holders who do not nominate their Physical Transmission Rights for physical use of their rights or has not reserved its Physical Transmission Rights for the balancing services, if this is applicable, shall be entitled to receive remuneration in accordance with Article 48.

  • The Physical Transmission Right holders who do not nominate their Physical Transmission Rights for physical use of their rights or has not reserved its Physical Transmission Rights for the balancing services shall be entitled to receive remuneration in accordance with Article 47.

  • Capacity: A Physical Transmission Right of electricity, defined by a value, ex- pressed in whole Megawatts (MW), over a Border in one direction.

  • Physical Transmission Right (PTR): PTRs are of two kinds.- Standard PTRs are the right to use Interconnection Capacity Allocated to a User for electricity transfers expressed in MW.- PTR Obligations (PTROs) refer to the obligation to use Interconnection Capacity Allocated to a User, in its full amount, for electricity transfers expressed in MW.


More Definitions of Physical Transmission Right

Physical Transmission Right means a right whose holder is entitled to physically transfer a certain volume of electricity in a certain period of time between two bidding zones in a specific direction;
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Physical Transmission Right. Import or Export capacity allocated by explicit or implicit auctions according to the rules set out in Appendix 1 to the Contract; “Provider of non-reserved tertiary control power from non-CIPU Technical Units”: any natural or legal person supplying the Xxxx Grid with non-reserved tertiary control power from non-CIPU Technical Units, in aggregated or non-aggregated form, in order to contribute to the balancing of the Belgian control area;
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Related to Physical Transmission Right

  • Financial Transmission Right or “FTR” shall mean a right to receive Transmission Congestion Credits as specified in Operating Agreement, Schedule 1, section 5.2.2 and the parallel provisions of Tariff, Attachment K-Appendix, section 5.2.2.

  • Financial Transmission Right Option means a right to receive Transmission Congestion Credits as specified in Operating Agreement, Schedule 1, section 5.2.2(c), and the parallel provisions of Tariff, Attachment K-Appendix, section 5.2.2(c).

  • Financial Transmission Right Obligation means a right to receive Transmission Congestion Credits as specified in Operating Agreement, Schedule 1, section 5.2.2(b), and the parallel provisions of Tariff, Attachment K-Appendix, section 5.2.2(b).

  • Interregional Transmission Project means transmission facilities that would be located within two or more neighboring transmission planning regions and are determined by each of those regions to be a more efficient or cost effective solution to regional transmission needs.

  • Transmission links are the means used for inter-connecting distributed units for the purpose of conveying signals, operating data or an energy supply. This equipment is generally electrical but may, in some part, be mechanical, pneumatic or hydraulic.

  • P.01 Transmission Grade of Service (“GOS”) means a trunk facility provisioning standard with the statistical probability of no more than one call in 100 blocked on initial attempt during the average busy hour.

  • Transmission Owner means an entity that owns Transmission Facilities.

  • Transmission Loading Relief means NERC’s procedures for preventing operating security limit violations, as implemented by PJM as the security coordinator responsible for maintaining transmission security for the PJM Region.