CREG definition

CREG means the Colombian energy and utility regulator, Comisión de Regulación de Energía y Gas. “Debenture” means debentures issued pursuant to the Convertible Debenture Indenture.
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CREG has the meaning set forth in the preface above.
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CREG means “Comisión de Regulación de Energía y Gas”, the Republic of Colombia’s Energy and Gas Regulatory Commission.
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Examples of CREG in a sentence

  • Such adjustment or replacement shall apply automatically, as the case may be after the approval by the CREG.

  • If any of the provisions of this Agreement is or becomes invalid, illegal or unenforceable in whole or in part, such provision shall be removed from this Agreement and shall be substituted by a valid and enforceable provision after market consultation and formal approval by the CREG pursuant to and in accordance with the applicable regulatory framework, including without limitation the Gas Act and the Code of Conduct.

  • The Transmission Program as approved by CREG describes the Services which are offered by the TSO and which may be subscribed by the Network User.

  • Such changes, after consultation of the market, shall apply to existing and future Service Confirmations after they have been approved by the CREG and on the date of entry into force as determined by the ▇▇▇▇, or absent such specification, by the TSO on its website.

  • After discussion with the BSP and following consultation of the ▇▇▇▇, ▇▇▇▇ ▇▇▇ decide to exclude the BSP from the aFRR Service starting from the moment of notification by ▇▇▇▇ and for a certain period of time agreed between ▇▇▇▇ and the CREG.

  • The CREG informs ▇▇▇▇ of its decision, after which ▇▇▇▇ disposes of 5 Working Days to apply the updated RC Factor and / or the TDC factor in the aFRR capacity auctions.

  • Any LNG Service provided by Terminal Operator to Client under this LTL shall also be governed by the procedures, rules and regulations contained in the Access Code for LNG Truck Loading (the “ACTL”) as approved by the CREG.

  • If during the term of this LTL, there is a change of such regulatory framework, due to a decision of the CREG or any other regulatory authority, or due to any change in the applicable laws and regulations, such change shall automatically and ipso jure apply to this LTL as of the moment such change has become effective.

  • The Monthly Capacity Charge, invoiced by Terminal Operator to Client shall be calculated and indexed in accordance with the Regulated Tariffs as approved by CREG.

  • If CREG rejects the Tariff proposal with the budget or the amended Tariff proposal with the ▇▇▇▇ budget, the applicable Tariffs are those resulting from the application of article 12(8) of the Electricity Act.


More Definitions of CREG

CREG is the Energy and Gas Regulatory Commission. ​
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