BEPP definition

BEPP means Built Environment Performance Plan;
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BEPP means Bureau for Studies, Planning and Policy (“Bureau des Etudes, de la Planification et de la Programmation”) established within MOHE (as this term is hereinafter defined);
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Examples of BEPP in a sentence

  • RAs disagree on the BEPP for pricing the standard aFRR product and on the BEPP for pricing the standard mFRR product with direct activation type.

  • Last but not least, some RAs are deeply concerned that a BEPP equal to the ISP may lead to a very high imbalance price and hence high costs for BRPs even if a high volume of aFRR bids (including bids with a high bid price) is only activated for a few seconds within the ISP (e.

  • Pricing aFRR balancing energy (article 7 of the PP) Some RAs are concerned that the approach of a BEPP not equal to the ISP for pricing balancing energy from aFRR does not achieve the objectives nor fulfils the requirements of the EBGL, most notably the settlement principles in article 44(1).

  • As a response to the RAs in favour of a BEPP equal to the ISP, the RAs in favour of the optimisation cycle BEPP think that the pricing period equal to the optimisation cycle will not lead to additional mark-ups compared to the BEPP equal to the ISP.

  • Some of these RAs, while in principle supporting the optimisation cycle BEPP, would also be ready to consider the length of the BEPP to be longer than the optimisation cycle, while still being shorter than the ISP to allow multiple BEPPs within one ISP (for example a BEPP equal to one, three or even 5 minutes).

  • These RAs also consider that the requirement of article 30(1)(a) (be based on marginal pricing [pay-as-cleared]) is fulfilled only with a BEPP set in coherence with the algorithm optimisation cycle, as in each optimisation cycle, the AOF of the platform clears the market and defines a clearing price that corresponds to the market equilibrium of that cycle, providing the correct incentive to deliver the selected volumes and define the correct price of balancing energy and cross-zonal capacity.

  • Setting the BEPP equal to 15 minutes could on the contrary lead to the situation in which bids and TSO demands are settled as if there was a congestion, even though this congestion was not present when the bids were activated.

  • In this context, detached from the legal reasoning of the BEPP being equal to the ISP, some of these RAs suggest to also consider a BEPP equal to 5 minutes, where the validity period of the bids would be 5 minutes as well.

  • Additionally, these RAs are concerned that a BEPP not equal to the ISP does not provide for a consistent functioning of day-ahead, intraday and balancing markets when reflecting market congestion (as defined pursuant to CACM article 2(17)), as for these markets the smallest market time unit has been set to be equal to the ISP2.

  • In the PP, the standard aFRR product has a BEPP equal to the optimisation cycle (shorter than the ISP), while the standard mFRR product with direct activation type has a BEPP equal to the ISP (larger than the optimisation cycle1).

Related to BEPP

  • BEP means (i) Blackstone Energy Partners L.P. and Blackstone Energy Partners Q L.P., each a Delaware limited partnership and (ii) any other Alternative Investment Vehicles or Parallel Funds (each as defined in the partnership agreement for the partnership referred to in clause (i) above).

  • B.E.P.D. means an entity certified as a Business enterprise owned or operated by people with disabilities as defined in MCC Section 2-92-586.

  • DEPP means the Authority’s Decision Procedure and Penalties Manual;

  • DPSP means a deferred profit sharing plan within the meaning of the Tax Act;

  • Retirement Plan means a plan which provides retirement benefits to you and which is not funded wholly by your contributions. The term shall not include a profit-sharing plan, informal salary continuation plan, registered retirement savings plan, stock ownership plan, 401(K) or a non-qualified plan of deferred compensation.