Bidding Area definition

Bidding Area means the electrical exchange area, bidding zone or geographical region in which the Delivery Point is located;
Bidding Area means the geographical area where the delivery or take off of electricity, resulting from the matched bid(s), takes place;
Bidding Area means the largest geographical area within which market participants are able to exchange electricity without capacity allocation. For the sake of clarity, Bidding Area is the same as bidding zone in the Commission Regulation (EU) No 543/2013 of 14 June 2013 on submission and publication of data in the electricity markets;

Examples of Bidding Area in a sentence

  • When a vacancy occurs in a clerical or office classification, Company may fill it at its discretion by assignment, provided that the employee who is assigned is within the Line of Progression and the Bidding Area in which the vacancy occurs and is either in the same classification as that in which the vacancy occurs or is in a classification having an identical scheduled wage rate.

  • Unless otherwise agreed by the Parties in Section B of Part I (Individual Terms), any Replacement Index must satisfy the following criteria: (a) in case of electricity, it must publish price information for the Bidding Area to which the Facility belongs and have due regard to the extent to which the physical location of the Facility and constraints on the delivery of electricity into the market thereby imposed may have on the price for the sale of electricity delivered in that Bidding Area; 3.

  • Future opportunities to become TQP qualified in Title 200 will be made by seniority within the Bidding Area as defined in the Physical Agreement and as determined by the Company based on operating need.

  • These Operating clerical positions will be included in Bidding Unit 1, Bidding Area 4, Demotion Unit 1, and Demotion Area 4.


More Definitions of Bidding Area

Bidding Area shall have the meaning set forth in Section 2.1.

Related to Bidding Area