market operator definition

market operator means a person or persons who manages and/or operates the business of a regulated market. The market operator may be the regulated market itself;
market operator means a ‘market operator’ as defined in Article 4(1)(18) of Directive 2014/65/EU;
market operator means an entity that provides a service whereby the offers to sell electricity are matched with bids to buy electricity;

Examples of market operator in a sentence

  • Seller shall reasonably cooperate with Utility in developing any metering protocols necessary for Utility to comply with the requirements of the Market Operator or Utility Transmission.

  • This includes but is not limited to non-discriminatory curtailment in response to direction from a Market Operator or Transmission Provider made pursuant to federal laws or regulations, tariffs, and NERC standards and directives in a system emergency.

  • In the event Market Operator adopts new meter requirements that are applicable to the Facility, Seller will, at its cost and expense, reasonably cooperate to upgrade any applicable metering equipment.

  • Prior to commencing Commercial Operation, Seller shall support and reasonably cooperate with Utility in Utility’s development and submittal to the Market Operator of its Settlement Quality Meter Data (“SQMD”) compliance plan for the Facility.


More Definitions of market operator

market operator means the California Independent System Operator or any other entity performing the market operator function for the Energy Imbalance Market.
market operator means the California Independent System Operator or any other entity performing the market operator function for the Energy Imbalance Market or any organized day-ahead or intra-hour market.
market operator means a legal person responsible for the organization and administration of trade in electricity and payment settlements among producers, suppliers, and customers;
market operator means ASX.
market operator means the same as in point (13) of Article 4(1) of Directive 2004/39/EC;
market operator means the entity conferred the functions in respect of the ‘Wholesale Electricity Market’ under the WEM Rules which, as at the date this version of the applications and queuing policy comes into effect, is the Australian Energy Market Operator Limited.
market operator means the person undertaking the functions expressed to be assigned to the Market Operator pursuant to the Market Rules Document.