Capacity Market Rules definition

Capacity Market Rules means the rules created pursuant to section 34 of the Energy Act 2013 as modified from time to time in accordance with The Electricity Capacity Regulations 2014;

Capacity Market Rules means the rules made under section 34 of the Energy Xxx 0000 as modified from time to time in accordance with that section and The Electricity Capacity Regulations 2014;

Capacity Market Rules means rules established from time to time by the Secretary of State pursuant to Regulation 34(1) of the Energy Xxx 0000;

Examples of Capacity Market Rules in a sentence

• These common FCR Capacity Market Rules contribute to the efficient long-term operation and development of the electricity transmission system and electricity sector in the Union while facilitating the efficient and consistent functioning of the day-ahead, intraday and balancing markets (Article 3(1)(d) of the EB Regulation) since it establishes a common FCR Capacity Market.

• These common FCR Capacity Market Rules apply to • FCR for normal operation for upward and downward regulation (FCR-N), • FCR for disturbance situations for upward regulation (upward FCR-D), • FCR for disturbance situations for downward regulation (downward FCR-D) When referring only to FCR balancing capacity, it includes FCR-N, upward FCR-D and downward FCR-D.

• These common FCR Capacity Market Rules enhance the efficiency of balancing as well as the efficiency of European and national balancing markets (Article 3(1)(b) of the EB Regulation) and contribute to the objective of integrating balancing markets and promoting the possibilities for exchanges of balancing services while contributing to operational security (Article 3(1)(c) of the EB Regulation).

• These common FCR Capacity Market Rules apply to Energinet and Svenska kraftnät which are the TSOs exchanging balancing capacity pursuant to Article 33(1) of the EB Regulation.

• The common Capacity Market Rules define the capacity procurement process where FCR balancing capacity bids will be submitted to the connecting TSO.

• The SEM Committee notes that the GB Capacity Market Rules require refurbishing capacity to submit a construction plan, similar to New Capacity.If the SEM Committee decides to implement an intermediate length contract, the SEM Committee will also need to decide whether the Long-Stop date for the intermediate length contract will be the same as for a multi-year New Capacity contract, the same as for single year Existing Capacity, or an intermediate length.

• These common FCR Capacity Market Rules foster effective competition, non- discrimination and transparency in balancing markets (Article 3(1)(a) of the EB Regulation) by creating a regional market with common rules and processes for the procurement and exchange of FCR balancing capacity.

• These common FCR Capacity Market Rules facilitate and do not hamper the participation of renewable energy sources in the common FCR Capacity Market and thus support the achievement of the European Union target for the penetration of renewable generation (Article 3(1)(g) of the EB Regulation).

• These common FCR Capacity Market Rules ensure fair, objective and transparent rules for a market-based procurement of balancing capacity.

• These common FCR Capacity Market Rules, create a common FCR Capacity Market for the procurement and exchange of FCR balancing capacity.

More Definitions of Capacity Market Rules

Capacity Market Rules means the rules so called and created pursuant to Section 34 of the Energy Act 2013, and from time to time modified by the Secretary of State or the Authority in accordance with [The Electricity Capacity Regulations 2014]; and [(f) "AF Rules" means The Allocation Framework referred to in [The Contracts for Difference (Allocation) Regulations 2014]. 1.6.4 The Parties shall comply with the procedures set out in any IS Policies relating to the co- ordination of change, including ensuring that a person is appointed within their organisation with overall responsibility for changes to the Code and Code Subsidiary Documents. 1.9 InterpretationInsert new paragraph 1.9.3 to read as follows: 1.9.3 For the purposes of this Section F, in relation to the consultation of interested third parties, the term ‘interested third parties’ shall include the CFD Counterparty, the CM Settlement Body, the CFD Settlement Services Provider and the CM Settlement Services Provider. 2.1 Modification Proposals Amend paragraph 2.1.1 to read as follows: 2.1.1 A proposal to modify the Code may be made by any of the following: (a) a Party (other than BSCCo or the BSC Clearer); (b) the National Consumer Council; (c) such other bodies representative of interested third parties as may be designated in writing for this purpose by the Authority from time to time; (d) the Panel:

Capacity Market Rules means the rules so called and created pursuant to Section 34of the Energy Act 2013, and from time to time modified in accordance with The Electricity Capacity Regulations 2014;

Capacity Market Rules means rules made pursuant to section 34 of the Energy Act or by the Authority in accordance with the Electricity Capacity Regulations 2014

Capacity Market Rules means the rules so called and made under to Section 34 of the Energy Act 2013, and from time to time modified by the Secretary of State under that section or by the Authority in accordance with The Electricity Capacity Regulations 2014;”;“"Capacity Provider":has the meaning given to that term in the Capacity Market Rules;”;“"CFDArrangements":means:(i) the contract for difference arrangements specified in Chapter 2 of Part 2 of the Energy Act 2013;(ii) any regulation, licence modification or other instrument made by virtue of or pursuant to Chapter 2 of Part 2 of the Energy Act 2013; and(iii) the systems and processes used by any CfD Counterparty and/or any CFD Settlement Services Provider in complying with, and delivering the requirements specified in (i) and/or (ii);”;“"CFD Assets":means Plant and Apparatus (including apparatus used for station load or other demand required for the purposes of netting under a Contract for Difference to the extent that any arrangements for netting are identified in the Contract for Difference relating to those Plant and Apparatus) that are subject to a Contract for Difference;”;“"CfDCounterparty":means a person designated as a "CfD counterparty" under section 7(1) of the Energy Act 2013;”;“"CFD Documents":has the meaning given to that term in Section F1.6.3;”;“"CFD Settlement Data":has the meaning given to that term in Section V5.2.1;”;“"CFD Settlement Services Provider":means any person:(i) appointed for the time being and from time to time by a CfD Counterparty; or(ii) who is designated by virtue of Section C1.2.1B,in either case to carry out any of the CFD settlement activities (or any successor entity performing CFD settlement activities);”;“"CFD Settlement Services Provider Costs":has the meaning given to that term in Section D7.1.1;”;“"CMAdministrative Parties":has the meaning given to the term ‘administrative parties’ in The Electricity Capacity Regulations 2014 and, for thepurposes of the Code only, shall include any CM Settlement Services Provider;”;

Capacity Market Rules means the rules made under section 34 of the Energy Act