Capacity Auction definition

Capacity Auction means an auction under Part 4;

Capacity Auction has the meaning given in Section B paragraph 1.4(b) of the IUK Access Code; “Capacity Auction Rules” mean the rules set out in Annex B-1 of the IUK Access Code; “Capacity Charges” means Entry Capacity Charges or Exit Capacity Charges or both;

Capacity Auction has the meaning ascribed to it in the IESO Market Rules. “Capacity Check Test” has the meaning ascribed to it in Section 15.6(a). “Capacity Check Test Notice” has the meaning ascribed to it in Section 15.6(a). “Capacity Check Test Window” has the meaning ascribed to it in Section 15.6(a). “Capacity Confirmation” has the meaning ascribed to it in Section 15.6(c).

Examples of Capacity Auction in a sentence

• Administrative Export De-List Bid is a bid that may be submitted in a Forward Capacity Auction by certain Existing Generating Capacity Resources subject to a multi-year contract to sell capacity outside of the New England Control Area during the associated Capacity Commitment Period, as described in Section III.13.1.2.3.1.4 of Market Rule 1.

• Any Export Bid or any Administrative Export De-List Bid that is used to export capacity through an export interface connected to an import-constrained Capacity Zone from another Capacity Zone, or through an export interface connected to the Rest-of-Pool Capacity Zone from an export-constrained Capacity Zone in the Forward Capacity Auction will be modeled in the Capacity Zone where the export interface that is identified in the Existing Capacity Qualification Package is located.

• The Load‑gaining LSE shall pay the Load‑losing LSE an amount, pro‑rated on a daily basis, based on the Market‑Clearing Price of Unforced Capacity determined in the most recent previous applicable ICAP Spot Market Auction until the first day of the month after the nearest following Monthly Installed Capacity Auction is held.

• References in this Section III.13 to the Forward Capacity Auction Starting Price shall mean the Forward Capacity Auction Starting Price for the Forward Capacity Auction associated with the relevant Capacity Commitment Period.

• Where a modeled constraint does not bind in the Forward Capacity Auction, and as a result adjacent modeled Capacity Zones clear at the same Capacity Clearing Price, those modeled Capacity Zones shall be a single Capacity Zone used for all purposes of the relevant Capacity Commitment Period, including for the purposes of reconfiguration auctions and Capacity Supply Obligation Bilaterals.

More Definitions of Capacity Auction

Capacity Auction means an Annual Yearly IP Capacity Auction, an Annual Quarterly IP Capacity Auction, a Rolling Monthly IP Capacity Auction, a Daily IP Capacity Auction, a Within Day IP Capacity Auction and/or a Rolling Day Ahead Interruptible IP Capacity Auction or any one or more of them as the case may be;

Capacity Auction means the capacity auction established and operated by AEMO in accordance with Part 25 of the National Gas Rules. Capacity Trade means the acquisition of Capacity Trade MDQ by the Shipper from a Valid Trading Party. Capacity Trade MDQ means reserved capacity (including hourly entitlements, imbalance entitlements and other contractual entitlements) on the Pipeline held by a Valid Trading Party that is subject to an Operational Transfer with the Shipper. Capacity Transfer and Auction Procedures means the procedures published by XXXX directed at the operation and administration of Capacity Auctions and transaction support arrangements.

Capacity Auction has the meaning given in Section B paragraph 1.4(b) of the Interconnector Access Code;

Capacity Auction means an auction under Part 4 of the Electricity Capacity Regulations 2014;

Capacity Auction has the same meaning that 'capacity auction' has under the National Gas Rules.

Capacity Auction means the capacity auction established by AEMO under the National Gas Rules. Close-Out is defined in clause A.13.2. Combined Revised Settlement Statement is defined in clause A.8.2(tttt)(iii).

Capacity Auction means a capacity auction conducted under Chapter F [of the Capacity Market Code] for allocating Awarded Capacity to Capacity Market Units and includes T-1 Auctions, T-2 Auctions, T-3 Auctions and T-4 Auctions;