Conclusions and actions Sample Clauses
The 'Conclusions and actions' clause outlines the final decisions reached by the parties and specifies the steps that must be taken as a result of those decisions. Typically, this clause summarizes agreed outcomes, assigns responsibilities for follow-up actions, and may set deadlines for their completion. Its core practical function is to ensure that all parties have a clear understanding of what has been decided and what actions are required, thereby promoting accountability and preventing misunderstandings.
Conclusions and actions. Based on the above rationale, all Regulatory Authorities request an amendment to the CRIDA proposal. This amendment should contain the following elements:
Conclusions and actions. Based on the above rationale, all Regulatory Authorities request an amendment to the CRIDA proposal. This amendment should contain the following elements:
1. To coordinate the CRIDA proposal with the Algorithm proposal and in particular:
i. to delete any explicit reference the PCR and XBID projects;
ii. to clarify if the CRIDA algorithm is the same as the Day Ahead algorithm;
iii. to clarify which back-up procedures, fallback procedures, price limits, and governance should apply to CRIDA.
2. To coordinate the CRIDA proposal with the Product proposal and, in particular, to delete any reference to the actual timeframe considered for the market time unit.
3. To coordinate the CRIDA proposal with the IDCZCP proposal and in particular:
i. to provide justifications for the proposed fragmentation of the continuous trading;
ii. to clarify whether the first CRIDA and the first ▇▇▇ coincide;
iii. to harmonize the second CRIDA and the second ▇▇▇;
4. To coordinate the CRIDA proposal with the IDCZGOT proposal and in particular:
i. to make reference to the GOTs set forth in the IDCZGOT amended proposal;
ii. to explain how multiple GOTs proposed in CRIDA are compatible with the request for amendment on IDCZGOT;
iii. to assess the impact on market liquidity of splitting continuous trading in different sessions.
5. To substitute in Article 3(2) the word “auction” with the word “auctions”, since the CRIDA proposal involves two auctions and in Article 4(7) the reference at “Article 3.6” with the reference at “Article 4.6”.
Conclusions and actions. All relevant Regulatory Authorities have assessed, consulted and closely cooperated to reach an agreement on the CRIDA proposal. On 13 May 2019 the Italy North NRAs agreed that the CRIDA proposal attached to the present paper meets the requirements of Regulation 2015/1222 and as such can be approved.
Conclusions and actions. On 16 August 2018, the members of CERRF did not reach a unanimous agreement to either approve the proposals, to request the Agency to extend the deadline for decision or to request the Agency to adopt a decision on the amended Core DA and ID CCM proposals pursuant to Article 21 et seqq. of the CACM Regulation. In that case, the Rules of Procedure of CERRF require the CERRF Chair to refer the decision to the Agency – in accordance with Article 9(12) of the CACM Regulation – on behalf of the Core NRAs. Nevertheless, Core NRAs agree to provide this non-paper to the Agency to give an indepth view on common and on dissenting opinions of Core NRAs to contribute to the letter by the CERRF Chair. Core NRAs anticipate that the Agency will, when adopting its decision, give utmost consideration on Core NRAs’ and Core TSOs assessment of all elements of the amended proposals for DA and ID CCM, especially those that were identified and presented in this paper.
Conclusions and actions. All Regulatory Authorities have assessed, consulted, closely cooperated and coordinated in order to reach an agreement. All Regulatory Authorities have not been able to reach an agreement within the period of six months following the receipt of the Proposal according to Article 30(1) and Article 30(3) of the EBGL.