Trading and Settlement Code definition

Trading and Settlement Code means the Trading and Settlement Codedeveloped pursuant to Section 9(1)(d) of the Act as from time to time, revised, amended, supplemented or replaced with the approval or at the instance of the Commission;
Trading and Settlement Code or “TSC” means the Single Electricity Market Trading and Settlement Code or any replacement thereof which sets out the rules for trading in electricity and settling energy imbalances and the responsibilities of parties to the code;
Trading and Settlement Code means the Trading and Settlement Code

Examples of Trading and Settlement Code in a sentence

  • This Agreed Procedure supplements the rules in relation to the management of Settlement Reallocation set out in the Trading and Settlement Code (hereinafter referred to as the “Code”).


More Definitions of Trading and Settlement Code

Trading and Settlement Code means a code of that name adopted by the Market Operator and approved by the Regulatory Authorities.
Trading and Settlement Code means the Trading and Settlement Code developedpursuant to Section 9(1)(d) (Functions of Commission) of the Act (and any Ministerial policy directions thereunder and S.I. No. 49 of 2000), as from time to time revised, amended supplemented or replaced with the approval or at the instance of the Commission;
Trading and Settlement Code or “T&SC” means the code of that name which sets out the rules and procedures for an electricity trading and settlement system for the SEM and any successor(s) or replacement(s) thereto (whether by way or regulation or other instrument) as may be amended, modified or replaced from time to time.
Trading and Settlement Code has the meaning given to it in Statutory Instrument No. 49 of 2000 entitled Electricity Regulation Act, 1999 (Trading Arrangements in Electricity) Regulations 2000;
Trading and Settlement Code means the code of that name which sets out the rules for the market settlement and the responsibilities of the parties to the code;
Trading and Settlement Code means the Trading and Settlement Code developed pursuant to Section 9(1)(d) (Functions of Commission) of the Act (and any Ministerial policy directions thereunder and S.I. No. 49 of 2000), as from time to time revised, amended supplemented or replaced with the approval or at the instance of the Commission;
Trading and Settlement Code means the Single Electricity Market Trading and Settlement Code as defined in the Licence; “Transmission Interface Arrangements” or “TIA” the transmission interface arrangements prepared by Northern Ireland Electricity Networks Limited and SONI pursuant to the NIE Transmission Licence and the Licence;