Common use of Auction Specification Clause in Contracts

Auction Specification. 1. The Allocation Platform shall publish the Auction Specification as set forth in paragraphs 2 of this Article no later than 09:00 a.m. on the day preceding the delivery day. 2. The Auction Specification shall state in particular: (a) the code identifying the Auction in the Auction Tool; (b) identification of the Bidding Zone border(s) or a subset of the Interconnectors on the Bidding Zone border and direction covered; (c) the Product Period; (d) the Bidding Period which in case of regular operational conditions starts with Auction Specification publication and ends at 09:30 a.m. on the day preceding the delivery day; (e) the deadline for the publication of the Auction results which is in case of regular operational conditions 09:40 a.m. on the day preceding the delivery day; (f) the Offered Capacity which shall include Cross Zonal Capacity released in accordance with Articles 59 and 60. (g) any other relevant information or terms applicable to the product or the Auction.

Appears in 13 contracts

Sources: Capacity Allocation Rules, Capacity Allocation Rules, Rules for Explicit Daily Capacity Allocation

Auction Specification. β€Œ 1. The Allocation Platform shall publish the Auction Specification as set forth in paragraphs 2 of this Article no later than 09:00 a.m. on the day preceding the delivery day. 2. The Auction Specification shall state in particular: (a) the code identifying the Auction in the Auction Tool; (b) identification of the Bidding Zone border(s) or a subset of the Interconnectors on the Bidding Zone border and direction covered; (c) the Product Period; (d) the Bidding Period which in case of regular operational conditions starts with Auction Specification publication and ends at 09:30 a.m. on the day preceding the delivery day; (e) the deadline for the publication of the Auction results which is in case of regular operational conditions 09:40 a.m. on the day preceding the delivery day; (f) the Offered Capacity which shall include Cross Zonal Capacity released in accordance with Articles 59 and 60. (g) any other relevant information or terms applicable to the product or the Auction.

Appears in 2 contracts

Sources: Rules for Explicit Daily Capacity Allocation, Daily Explicit Capacity Allocation Rules

Auction Specification. 1. The Allocation Platform shall publish the Auction Specification as set forth in paragraphs 2 of this Article no later than 09:00 08:45 a.m. on the day preceding the delivery day. 2. The Auction Specification shall state in particular: (a) the code identifying the Auction in the Auction Tool; (b) identification of the Bidding Zone border(s) or a subset of the Interconnectors on the Bidding Zone border and direction covered; (c) the Product Period; (d) the Bidding Period which in case of regular operational conditions starts with Auction Specification publication and ends at 09:30 09:15 a.m. on the day preceding the delivery day; (e) the deadline for the publication of the Auction results which is in case of regular operational conditions 09:40 09:25 a.m. on the day preceding the delivery day; (f) the Offered Capacity which shall include Cross Zonal Capacity released in accordance with Articles 59 and 60. (g) any other relevant information or terms applicable to the product or the Auction.

Appears in 1 contract

Sources: Rules for Explicit Daily Capacity Allocation