Scarce asset definition

Scarce asset means either the transmission capacity or the electricity resources of neighbouring systems that are operating at their maximum capacity and hence limiting the management by the market of a scarcity situation.

Related to Scarce asset

  • Reference Asset means a reference asset of the relevant Index or Investment Strategy in respect of a Series of ETP Securities as specified in the Final Terms.

  • Reference Asset Weight means, in respect of a Reference Asset, the proportion of the Reference Portfolio set out under the heading “Reference Portfolio Weight” for such Reference Asset in the table included under “THE REFERENCE PORTFOLIO, subject to adjustments that may be made pursuant to “DESCRIPTION OF THE NOTES – Adjustments and Exceptional Circumstances”.

  • crypto-asset means a digital representation of value or rights which may be transferred and stored electronically, using distributed ledger technology or similar technology;

  • Fixed Asset means a tangible non-current asset, including buildings and equipment, acquired not for sale but for use for the Project during the Eligible Expenditure Period;

  • Portfolio Asset means an asset of an investment fund;