SEM Order definition

SEM Order means the Electricity (Single Wholesale Market) (Northern Ireland) Order 2007;
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SEM Order means the Electricity (Single Wholesale Market)
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Examples of SEM Order in a sentence

  • Condition 29 of its TSO Licence obliges SONI to contract for the provision of such quantities and types of System Support Services as may be appropriate to enable it to discharge its obligations under the Order, the Energy Order, the SEM Order and the Licence.

  • SEM Order means the Electricity (Single Wholesale Market) (Northern Ireland) Order 2007.

  • Thus, when dealing with matters within the scope of the SEM Order, the Utility Regulator has a different set of objectives to those which it has in respect of its other functions and those objectives do not reflect the requirements of the Electricity Directive.

  • The SEM Order, which makes provision in relation to the single wholesale market in the island of Ireland, was not amended at the same time.

  • Some of the CAIs are instead having stable contacts with RSE, which are mainly due to their activities in the research framework on pilot projects concerning renewable energy communities and collective self-consumption schemes.

  • In particular, Article 9 of the SEM Order which sets out the objectives and duties of the Utility Regulator and the SEM Committee do not include the objectives set out in Article 36(a) to (h) of the Electricity Directive.

  • Article 6(2) of the SEM Order provides that “any decision as to the exercise of a relevant function of the Authority in relation to a SEM matter must be taken on behalf of theAuthority by the SEM Committee”.

  • The Department also proposes to amend Schedule 1 to the SEM Order to ensure the independence and impartiality of appointees and amend the provision for the term of appointment to reflect the requirements of Article 35 of the Directive along the lines of the changes made to Schedule 1 to the Energy Order by Regulation 45 of the IME 3 Regulations.

  • Many SME responses suggest that a major promise for WBT is that it can address the needs not only of individual agencies, but also of larger sectors of the transit industry, such as multiple agencies.

  • The SEM Committee’s principal objective is set out in Article 9 of the SEM Order and is to protect the interests of electricity consumers in Northern Ireland and the Republic of Ireland, wherever appropriate by promoting effective competition between persons engaged in, or in commercial activities connected with, the sale or purchase of electricity through the SEM.

Related to SEM Order

  • Interim Order means the interim order of the Court, as the same may be amended, in respect of the Arrangement;

  • Final Order means the final order of the Court in a form acceptable to the Company and the Purchaser, each acting reasonably, approving the Arrangement, as such order may be amended by the Court (with the consent of both the Company and the Purchaser, each acting reasonably) at any time prior to the Effective Date or, if appealed, then, unless such appeal is withdrawn or denied, as affirmed or as amended (provided that any such amendment is acceptable to both the Company and the Purchaser, each acting reasonably) on appeal.

  • Supply Order means an order for supply of stores and includes an order for performance of service;

  • Sale Order means an order or orders of the Bankruptcy Court, approving the transaction contemplated hereby.

  • Approval Order means (i) an order in the form attached hereto as Exhibit 2; or (ii) in the event of a timely objection to the motion to approve the Agreement that if sustained would reduce the full Settlement Amount available to pay Asbestos-Released Claims, an order in such form agreed to in writing by the Parties, entered by the Bankruptcy Court that (a) approves this Agreement, (b) authorizes the Parties to undertake the settlement and the sale of the Subject Policies as set forth in this Agreement, and (c) provides for the Injunction.

  • Levy Order means an Order made by the Commission under paragraph 16 of the Schedule to the Act.

  • Stop Loss Order means an order placed to close a position once it hits a specific price in order to protect yourself from further losses and avoid potential close-outs/stop-outs.

  • Final Approval Order means the proposed Order Granting Final Approval to the Settlement, to be entered by the Court with terms to be agreed upon by the Parties and consistent with this Agreement.

  • Product Order is the form used by the Parties to effect a Transaction in the form of Exhibit A, Exhibit B or as otherwise agreed by the Parties, specifying the terms of such Transaction, including the following: (1) the Product including a description of the Environmental Attributes in the Product, (2) the quantity to be purchased and sold; (3) the Purchase Price; (4) the Delivery Dates; and, (5) if necessary in accordance with the terms of the Transaction, (a) the Vintages; (b) the Renewable Energy Facility or Facilities from which the Product is to be generated; (c) the Certification Authority; and (d) the Verification Provider.

  • Customer Order means, with respect to a Participant or Authorized Trader, an Order or Request for Quote that has been provided to such Participant or Authorized Trader, as applicable, by or on behalf of a Customer.

  • Declaratory order means the department’s interpretation of a statute, rule or order as applied to specified circumstances. A declaratory order is issued in response to a petition for declaratory order.