Allocation Platform definition
Allocation Platform means the entity appointed and commissioned by the TSOs to act on their behalf and on its own name for the attribution of Cross Zonal Capacity through the Shadow Auctions
Allocation Platform means BritNed Development Limited; “Allocation Platform Registered Participant Guide” means the guide to these Rules published by the Allocation Platform from time to time; “Allocation Rules” means the Allocation Rules for Forward Capacity Allocation approved in accordance with Article 51 of the FCA Guideline; “Amendment Notice” means the notification and any associated documents issued by the Allocation Platform pursuant to Rule E4, provided to the Registered Participants and which provide Registered Participants with the Allocation Platform’s proposed amendment(s) to the Rules; “Applicable Law” means any statute, statutory instrument, licence (including the Allocation Platform Interconnector Licence, NGET Transmission Licence and the Licence Standards) law (whether English or Dutch) or decree or order in council or directive, or any code including the GB Grid Code, the Dutch Codes and the Balancing and Settlement Code, or any request, requirement, instruction, direction or rule of any Competent Authority but only, where not having the force of law, if compliance with the Applicable Law is in accordance with the general practice of persons to whom the Applicable Law is addressed; “Auction” means any auction conducted under these Rules; “Auction Credit Limit” means a credit limit established by a Registered Participant as referred to in Rule B5.2 in respect of participation in any Auction; “Auction Price” means the value of the Marginal Price of an Auction, and which is payable by all Unit Holders resulting from such Auction; “Auction Specification” means, the specification for the Auction published by the Allocation Platform, as described in Rules C2 and C3 for Day Ahead and Intraday Timescales or the specification for a Long Term Auction published by the Allocation Platform under the Allocation Rules; “Auction Tool” means the IT system used for conducting Auctions and other associated Transmission Rights activities; “Balancing and Settlement Code” means the code of that name established under the NGET Transmission Licence; “Bid” means a Registered Participant’s offer to buy Units in an Auction, and made in accordance with these Rules; “Bidding Period” means, in relation to an Auction, the time during which Bids may validly be submitted in that Auction in accordance with
Allocation Platform means BritNed Development Limited;
Examples of Allocation Platform in a sentence
The Allocation Platform shall make this information available to each Registered Participant individually through the Auction Tool.
Once the Allocation Platform has received all necessary information, it shall return one copy of the Participation Agreement signed by it to the market participant without undue delay.
The Allocation Platform shall send the duly justified refusal note if the requirements listed in paragraph 1 of this Article are not fulfilled and access to the Auction Tool will not be granted.
A Registered Participant may at any time request the Allocation Platform to terminate the Participation Agreement to which the Registered Participant is a Party.
The Participation Agreement comes into force on the date of signature by the Allocation Platform.
More Definitions of Allocation Platform
Allocation Platform means an entity appointed and commissioned by responsible
Allocation Platform means either the responsible Transmission System Operators(s) (hereinafter “TSO(s)”) at the respective bidding zone border(s) or an entity appointed and commissioned by them or nominated in accordance to national regulations to act on their behalf and on its own name for the attribution of long-term cross zonal capacity through the auctions as defined in the participation agreement;
Allocation Platform means an entity appointed and commissioned by responsible Transmission System Operators(s) (hereinafter “TSO(s)”) to act as an allocation platform on their behalf and on its own name it being the allocation platform or regional platform for the attribution of intraday cross zonal capacity through the auctions as defined in the participation agreement;
Allocation Platform means the platform for the attribution of cross-zonal capacity through the shadow auctions on respective CCR Hansa bidding zone borders.
Allocation Platform means the platform for the attribution of cross-zonal capacity through the shadow auctions on respective Core CCR bidding zone border;
Allocation Platform means an entity appointed and commissioned by responsible Transmission System Operator(s) to act on their behalf and on its own name it being a single allocation platform or regional platform(s) for the attribution of daily Cross Zonal Capacity through the Shadow Auctions as defined in the Participation Agreement;
Allocation Platform means an IT platform for the allocation of cross‐zonal capacity through Shadow Auctions on a Core CCR bidding zone border;