Common use of Auction Specification Clause in Contracts

Auction Specification. 1. The Allocation Platform shall publish a provisional version of the Auction Specification and a final version of the Auction Specification as set forth in paragraphs 2 to 3 of this Article. 2. For yearly Auctions the Allocation Platform shall publish the provisional and the final Auction Specification no later than one (1) week and for any other shorter Capacity Allocation timeframe no later than two (2) Working Days before the end of the Bidding Period of an Auction. The provisional Auction Specification shall state in particular: (a) the code identifying the Auction in the Auction Tool; (b) type of Long Term Transmission Rights; (c) Capacity Allocation timeframe (e.g. yearly, monthly or other, as described in Article 28); (d) form of product (e.g. base, peak, off-peak as described in Article 28); (e) identification of the bidding zone border(s); (f) deadline for return of the Long Term Transmission Rights allocated in previous Auctions for the respective bidding zone border(s). (g) the Product Period; (h) Reduction Period(s) associated with the Product Period when applicable; (i) the Bidding Period; (j) the deadline for the publication of the provisional Auction results; (k) the contestation period in accordance with Article 37; (l) the provisional Offered Capacity which shall not include Cross Zonal Capacity released via return of Long Term Transmission Rights and Cross Zonal Capacity released in accordance with Article 71 and Article 72. (m) any other relevant information or terms applicable to the product or the Auction. 3. Not earlier than four (4) hours after publication of the provisional Auction Specification, the Allocation Platform shall publish the final Auction Specification for that Auction stating the final Offered Capacity and any other update of relevant information or terms applicable to the product or the Auction (a) the provisional Offered Capacity; (b) the available Cross Zonal Capacity already allocated to Registered Participants for which a valid request for return of Long Term Transmission Rights has been submitted for this Auction in accordance with Article 38 and Article 39; and (c) the available Cross Zonal Capacity already allocated to Registered Participants which will be reallocated as a result of suspension or termination in accordance with Article 71 and Article 72.

Auction Specification. 1. The Allocation Platform shall publish a provisional version of the Auction Specification and a final version of the Auction Specification as set forth in paragraphs 2 to 3 of this Article. 2. For yearly Auctions the Allocation Platform shall publish the provisional and the final Auction Specification no later than one (1) week and for any other shorter Capacity Allocation timeframe no later than two (2) Working Days before the end of the Bidding Period of an Auction. The provisional Auction Specification shall state in particular: (a) the code identifying the Auction in the Auction Tool; (b) type of Long Term Transmission RightsRights (e.g. Physical Transmission Rights with UIOSI or Financial Transmission Rights Options); (c) Capacity Allocation timeframe (e.g. yearly, monthly or other, as described in Article 28); (d) form of product (e.g. base, peak, off-peak as described in Article 28); (e) identification of the bidding zone Bidding Zone border(s)) or a subset of the Interconnectors on the Bidding Zone border and direction covered; (f) deadline for return of the Long Term Transmission Rights allocated in previous Auctions for the respective bidding zone Bidding Zone border(s). (g) the Product Period; (h) Reduction Period(s) associated with the Product Period when applicable; (i) the Bidding Period; (j) the deadline for the publication of the provisional Auction results; (k) the contestation period in accordance with Article 37; (l) the provisional Offered Capacity which shall not include Cross Zonal Capacity released via return of Long Term Transmission Rights and Cross Zonal Capacity released in accordance with Article 71 and Article 72. (m) any other relevant information or terms applicable to the product or the Auction. 3. Not earlier than four (4) hours after publication of the provisional Auction Specification, the Allocation Platform shall publish the final Auction Specification for that Auction stating the final Offered Capacity and any other update of relevant information or terms applicable to the product or the Auction 4. The final Offered Capacity shall consist of: (a) the provisional Offered Capacity; (b) the available Cross Zonal Capacity already allocated to Registered Participants for which a valid request for return of Long Term Transmission Rights has been submitted for this Auction in accordance with Article 38 and Article 39; and (c) the available Cross Zonal Capacity already allocated to Registered Participants which will be reallocated as a result of suspension or termination in accordance with Article 71 and Article 72. 5. The Allocation Platform shall publish the format of the bids to be used.

Auction Specification. 1. The Allocation Platform shall publish a provisional version of the Auction Specification and a final version of the Auction Specification as set forth in paragraphs 2 to 3 of this Article. 2. For yearly Auctions the Allocation Platform shall publish the provisional and the final Auction Specification no later than one (1) week and for any other shorter Capacity Allocation timeframe no later than two (2) Working Days before the end of the Bidding Period of an Auction. The provisional Auction Specification shall state in particular: (a) the code identifying the Auction in the Auction Tool; (b) type of Long Term Transmission Rights; (c) Capacity Allocation timeframe (e.g. yearly, monthly or other, as described in Article 28); (d) form of product (e.g. base, peak, off-peak as described in Article 28); (e) identification of the bidding zone border(s)direction covered; (f) deadline for return of the Long Term Transmission Rights allocated in previous Auctions for the respective bidding zone border(s).Auctions; (g) the Product Period; (h) Reduction Period(s) associated with the Product Period when applicable; (i) the Bidding Period; (j) the deadline for the publication of the provisional Auction results; (k) the contestation period in accordance with Article 37; (l) the provisional Offered Capacity which shall not include Cross Zonal Capacity released via return of Long Term Transmission Rights and Cross Zonal Capacity released in accordance with Article 71 and Article 72. (m) any other relevant information or terms applicable to the product or the Auction. 3. Not earlier than four (4) hours after publication of the provisional Auction Specification, the Allocation Platform shall publish the final Auction Specification for that Auction stating the final Offered Capacity and any other update of relevant information or terms applicable to the product or the Auction 4. The final Offered Capacity shall consist of: (a) the provisional Offered Capacity; (b) the available Cross Zonal Capacity already allocated to Registered Participants for which a valid request for return of Long Term Transmission Rights has been submitted for this Auction in accordance with Article 38 and Article 39; and (c) the available Cross Zonal Capacity already allocated to Registered Participants which will be reallocated as a result of suspension or termination in accordance with Article 71 and Article 72. 5. The Allocation Platform shall publish the format of the bids to be used.

Auction Specification. 1. The Allocation Platform shall publish a provisional version of the Auction Specification and a final version of the Auction Specification as set forth in paragraphs 2 to 3 of this Article. 2. For yearly Auctions the Allocation Platform shall publish the provisional and the final Auction Specification no later than one (1) week and for any other shorter Capacity Allocation timeframe no later than two (2) Working Days before the end of the Bidding Period of an Auction. The provisional Auction Specification shall state in particular: (a) the code identifying the Auction in the Auction Tool; (b) type of Long Term Transmission RightsRights (e.g. Physical Transmission Rights with UIOSI or Financial Transmission Rights Options); (c) Capacity Allocation timeframe (e.g. yearly, monthly or other, as described in Article 28); (d) form of product (e.g. base, peak, off-peak as described in Article 28); (e) identification of the bidding zone Bidding Zone border(s)) or a subset of the Interconnectors on the Bidding Zone border and direction covered; (f) deadline for return of the Long Term Transmission Rights allocated in previous Auctions for the respective bidding zone Bidding Zone border(s). (g) the Product Period; (h) Reduction Period(s) associated with the Product Period when applicable; (i) the Bidding Period; (j) the deadline for the publication of the provisional Auction results; (k) the contestation period in accordance with Article 37; (l) the provisional Offered Capacity which shall not include Cross Zonal Capacity released via return of Long Term Transmission Rights and Cross Zonal Capacity released in accordance with Article 71 Articles 72 and Article 7273. (m) any other relevant information or terms applicable to the product or the Auction. 3. Not earlier than four (4) hours after publication of the provisional Auction Specification, the Allocation Platform shall publish the final Auction Specification for that Auction stating the final Offered Capacity and any other update of relevant information or terms applicable to the product or the Auction 4. The final Offered Capacity shall consist of: (a) the provisional Offered Capacity; (b) the available Cross Zonal Capacity already allocated to Registered Participants for which a valid request for return of Long Term Transmission Rights has been submitted for this Auction in accordance with Article Articles 38 and Article 39; and (c) the available Cross Zonal Capacity already allocated to Registered Participants which will be reallocated as a result of suspension or termination in accordance with Article 71 Articles 72 and Article 7273.

Auction Specification. 1. The Allocation Platform shall publish a provisional version of the Auction Specification and a final version of the Auction Specification as set forth in paragraphs 2 to 3 of this Article. 2. For yearly annual Auctions the Allocation Platform shall publish the provisional and the final Auction Specification no later than one (1) week and for any other shorter Capacity Allocation timeframe no later than two (2) Working Days before the end of the Bidding Period of an Auction. The provisional Auction Specification shall state in particular: (a) the code identifying the Auction in the Auction Tool; (b) type of Long Term Transmission Rights; (c) Capacity Allocation timeframe (e.g. yearlyannually, monthly or other, as described in Article 2827); (d) form of product (e.g. base, peak, off-peak as described in Article 2827); (e) identification of direction covered on the bidding zone border(s)Interconnector, which will either be “Great Britain to France” or “France to Great Britain”; (f) deadline for return of the Long Term Transmission Rights allocated in previous Auctions for the respective bidding zone border(s).Auctions; (g) the Product Period; (h) Reduction Period(s) associated with the Product Period when applicable; (i) the Bidding Period; (j) the deadline for the publication of the provisional Auction results; (k) the contestation period in accordance with Article 3736; (l) the provisional Offered Capacity which shall not include Cross Zonal Interconnector Capacity released via return of Long Term Transmission Rights and Cross Zonal Interconnector Capacity released in accordance with Article 71 and Article 72.; (m) any other relevant information or terms applicable to the product or the Auction. 3. Not earlier than four (4) hours after publication of the provisional Auction Specification, the Allocation Platform shall publish the final Auction Specification for that Auction stating the final Offered Capacity and any other update of relevant information or terms applicable to the product or the Auction. 4. The final Offered Capacity shall consist of: (a) the provisional Offered Capacity; (b) the available Cross Zonal Interconnector Capacity already allocated to Registered Participants for which a valid request for return of Long Term Transmission Rights has been submitted for this Auction in accordance with Article 38 37 and Article 3938; and (c) the available Cross Zonal Interconnector Capacity already allocated to Registered Participants which will be reallocated as a result of suspension or termination in accordance with Article 71 and Article 72. 5. The Allocation Platform shall publish the format of the Bids to be used.

Auction Specification. 1. The Allocation Platform shall publish a provisional version of the Auction Specification and a final version of the Auction Specification as set forth in paragraphs 2 to 3 of this Article. 2. For yearly Auctions the Allocation Platform shall publish the provisional and the final Auction Specification no later than one (1) week and for any other shorter Capacity Allocation timeframe no later than two (2) Working Days before the end of the Bidding Period of an Auction. The provisional Auction Specification shall state in particular: (a) the code identifying the Auction in the Auction Tool; (b) type of Long Term Transmission Rights; (c) Capacity Allocation timeframe (e.g. yearly, monthly or other, as described in Article 28); (d) form of product (e.g. base, peak, off-peak as described in Article 28); (e) identification of the bidding zone border(s); (f) deadline for return of the Long Term Transmission Rights allocated in previous Auctions for the respective bidding zone border(s). (g) the Product Period; (h) Reduction Period(s) associated with the Product Period when applicable; (i) the Bidding Period; (j) the deadline for the publication of the provisional Auction results; (k) the contestation period in accordance with Article 37; (l) the provisional Offered Capacity which shall not include Cross Zonal Capacity released via return of Long Term Transmission Rights and Cross Zonal Capacity released in accordance with Article 71 and Article 72. (m) any other relevant information or terms applicable to the product or the Auction. 3. Not earlier than four (4) hours after publication of the provisional Auction Specification, the Allocation Platform shall publish the final Auction Specification for that Auction stating the final Offered Capacity and any other update of relevant information or terms applicable to the product or the Auction 4. The final Offered Capacity shall consist of: (a) the provisional Offered Capacity; (b) the available Cross Zonal Capacity already allocated to Registered Participants for which a valid request for return of Long Term Transmission Rights has been submitted for this Auction in accordance with Article 38 and Article 39; and (c) the available Cross Zonal Capacity already allocated to Registered Participants which will be reallocated as a result of suspension or termination in accordance with Article 71 and Article 72. 5. The Allocation Platform shall publish the format of the bids to be used.

Auction Specification. 1. The Allocation Platform shall publish a provisional version of the Auction Specification and a final version of the Auction Specification as set forth in paragraphs 2 to 3 of this Article. 2. For yearly Auctions the Allocation Platform shall publish the provisional and the final Auction Specification no later than one (1) week and for any other shorter Capacity Allocation timeframe no later than two (2) Working Days before the end of the Bidding Period of an Auction. The provisional Auction Specification shall state in particular: (a) a. the code identifying the Auction in the Auction Tool; (b) b. type of Long Term Transmission Rights; (c) c. Capacity Allocation timeframe (e.g. yearly, monthly or other, as described in Article 28); (d) d. form of product (e.g. base, peak, off-peak as described in Article 28); (e) e. identification of the bidding zone border(s); (f) f. deadline for return of the Long Term Transmission Rights allocated in previous Auctions for the respective bidding zone border(s). (g) g. the Product Period; (h) h. Reduction Period(s) associated with the Product Period when applicable; (i) i. the Bidding Period; (j) j. the deadline for the publication of the provisional Auction results; (k) k. the contestation period in accordance with Article 37; (l) l. the provisional Offered Capacity which shall not include Cross Zonal Capacity released via return of Long Term Transmission Rights and Cross Zonal Capacity released in accordance with Article 71 and Article 72. (m) m. any other relevant information or terms applicable to the product or the Auction. 3. Not earlier than four (4) hours after publication of the provisional Auction Specification, the Allocation Platform shall publish the final Auction Specification for that Auction stating the final Offered Capacity and any other update of relevant information or terms applicable to the product or the Auction (a) 4. The final Offered Capacity shall consist of: a. the provisional Offered Capacity; (b) b. the available Cross Zonal Capacity already allocated to Registered Participants for which a valid request for return of Long Term Transmission Rights has been submitted for this Auction in accordance with Article 38 and Article 39; and (c) c. the available Cross Zonal Capacity already allocated to Registered Participants which will be reallocated as a result of suspension or termination in accordance with Article 71 and Article 72. 5. The Allocation Platform shall publish the format of the bids to be used.

Auction Specification. 1. The Allocation Platform shall publish a provisional version of the Auction Specification and a final version of the Auction Specification as set forth in paragraphs paragraph 2 to 3 of this ArticleArticle no later than 09:23 in D-1. 2. For yearly Auctions the The Allocation Platform shall publish the provisional and the final Auction Specification no later than one five (15) week and for any other shorter Capacity Allocation timeframe no later than two (2) Working Days minutes before the end opening of the Bidding Period of an Auction. The provisional Auction Specification shall state in particular: (a) the code identifying the Auction in the Auction Tool; (b) type identification of Long Term Transmission Rightsthe direction covered which will either be “Great Britain to France” or “France to Great Britain”; (c) Capacity Allocation timeframe (e.g. yearly, monthly or other, as described in Article 28); (d) form of product (e.g. base, peak, off-peak as described in Article 28); (e) identification of the bidding zone border(s); (f) deadline for return of the Long Term Transmission Rights allocated in previous Auctions for the respective bidding zone border(s). (g) the Product Period; (h) Reduction Period(s) associated with the Product Period when applicable; (id) the Bidding Period; (je) the deadline for the publication of the provisional Auction results; (kf) the contestation period in accordance with Article 3735; (lg) the provisional Offered Capacity which shall not include Cross Zonal Capacity released via return calculated as defined in paragraph 3 of Long Term Transmission Rights and Cross Zonal Capacity released in accordance with Article 71 and Article 72.this Article; and (mh) any other relevant information or terms applicable to the product or the Auction. 3. Not earlier than four (4) hours after publication of the provisional Auction Specification, the Allocation Platform shall publish the final Auction Specification for that Auction stating the final The Offered Capacity and for any other update of relevant information or terms applicable to the product or the AuctionContract Day in Auctions will include: (a) available Interconnector Capacity (in the provisional Offered Capacity; (bform of units) the available Cross Zonal Capacity not already allocated to Registered Participants pursuant to long term auctions and that is not unavailable due to Outages and/or due to the application of curtailment; and (b) unused units (if any) that have become available for which a valid request for return the Auctions pursuant to CHAPTER 7 (Use and remuneration of Long Term Transmission Rights has been submitted for this Auction in accordance with Article 38 Rights) of the ElecLink Long Term Allocation Rules and Article 39that are not unavailable due to Outages and/or due to the application of curtailment; and (c) units (if any) that have become available by application of Netting on long term Mid- Interconnector Nominations and that are not unavailable due to Outages and/or due to the application of curtailment; and (d) the available Cross Zonal Interconnector Capacity rights already allocated to Registered Participants which will be reallocated as a result of suspension or termination in accordance with Article 71 57 and Article 7258.