EMR legislation definition

EMR legislation means Part 2 of the Energy Act 2013 andany secondary legislation or other rules in force pursuant to that Part;“enabling works”for the purposes of standard condition B19 and Section C has the meaning given in standard condition C1 (Interpretation of Section C) and for the purposes of Section D has the meaning given in standard condition D1 (Interpretation of Section D)“estimated costs”for the purposes of standard condition A4 (Payments to the Authority) only, has the meaning given in that condition.“final proposals”means the documents entitled RIIO-T1: Final Proposals for National Grid Electricity Transmission and National Grid Gas – Overview (Reference number: 169/12), together with all of the supporting, associated and other relevant documents referred to in that document, which was published on 17 December 2012; RIIO-T1 Final Proposals for SP Transmission Ltd and Scottish Hydro Electric Transmission Ltd (Reference number: 58/12), together with all of the supporting, associated and other relevant documents referred to in that document, which was published on 23 April 2012; and RIIO-T1: Final Proposals update letter in respect of the statutory consultation on the licence modifications for SP Transmission Ltd and Scottish HydroElectric Transmission Plc (Reference
EMR legislation means Part 2 of the Energy Act 2013 and any secondary legislation or other regulatory arrangements in force pursuant to that Part
EMR legislation means Part 2 of the Energy Act 2013 and any

Examples of EMR legislation in a sentence

  • The BSC shall not include provisions that prevent or restrict the BSCCo or any affiliate of the BSCCo from: (a) operating the reconciliation mechanism referred to in paragraph 1A(a); or (b) undertaking the calculation, collection, administration and settlement of amounts payable or arising in respect of contracts for difference and capacity agreements entered into pursuant to EMR legislation.

  • Fossil fuel used to generate electricity would be taxed to bring the minimum price of CO2 up to £16/tonne in 2013, rising linearly to £30/tonne in 2020, and projected to rise to £70/tonne by 2030 (all at 2009 prices).14When EMR legislation was being developed in 2010-11, the ETS forward price had hovered around €15/tCO2 (£12/tCO2) for about two years, and the rate was set in relation to these levels.

  • To many, it seemed like abandoning the principles of market competition seen as defining the UK approach (e.g. Darwell, 2015), with widely divergent views as to whether it represents a potential model which others could follow, or a warning of the perils of – apparently – returning to greater state involvement in the market.The Electricity Market Reform (EMR) legislation represented a radical change.

  • Second, it must ensure that timely decisions are taken on the proposed Electricity Market Reform (EMR) legislation to provide access for CCS projects to a form of Feed in Tariff.

  • Difficulties in Fashioning Appropriate Penalties ..........................

  • Objectives (d), (f) and (g) aim at (i) promoting efficiency in the implementation and administration of the balancing and settlement arrangements; (ii) implementing and administering the arrangements for the operation of contracts for difference and arrangements that facilitate the operation of a capacity market pursuant to EMR legislation; and (iii) compliance with the Transmission Losses Principle.

  • The objective of this phase was to develop a useful tool for surveying the situation regard- ing EMR legislation in the region.

  • HM Treasury, Budget 2011, HC 836, March 2011Figure 4 The four pillars of UK Electricity Market ReformSource: Ofgem When the EMR legislation was first being developed in 2010-11, the EU ETS price had hovered around €12/tCO2 (£10/tCO2) for about two years, and the rate was set in relation to levels two years before.

  • This will not prevent companies that are BSC Parties from bringing a claim against the EMR Settlement Services Provider under any relevant EMR legislation.

  • For example:• RMR liquidity proposals are linked to the final text of MIFID II, which is outside of Ofgem’s direct control.• Similarly, EMR legislation has yet to be passed, which has implications for liquidity proposals and other market programmes.• The timing and scope of the electricity Significant Code Review needs to be carefully aligned with the European electricity balancing code.

Related to EMR legislation

  • FOI Legislation means the Freedom of Information Xxx 0000, all regulations made under it and the Environmental Information Regulations 2004 and any amendment or re-enactment of any of them; and any guidance issued by the Information Commissioner, the Department for Constitutional Affairs, or the Department for Environment Food and Rural Affairs (including in each case its successors or assigns) in relation to such legislation;

  • NICs Legislation means the Social Security (Categorisation of Earners) Regulations 1978;

  • GST Legislation means A New Tax System (Goods and Services Tax) Xxx 0000 (Cth) and any related tax imposition act (whether imposing tax as a duty of customs excise or otherwise) and includes any legislation which is enacted to validate recapture or recoup the tax imposed by any of such acts.

  • Tax Legislation means all statutes, statutory instruments, orders, enactments, laws, by-laws, directives and regulations, whether domestic or foreign decrees, providing for or imposing any Tax.

  • GST legislations means ‘any or all of the following legislations as may be applicable to the CONTRACTOR and OIL:

  • customs legislation means any legal or regulatory provisions applicable in the territories of the Parties, governing the import, export and transit of goods and their placing under any other customs regime or procedure, including measures of prohibition, restriction and control;

  • primary legislation means an Act, Act of the Scottish Parliament or Act or Measure of the National Assembly for Wales;

  • Bribery Legislation means the Bribery Act 2010 and any subordinate legislation made under it from time to time together with any guidance or codes of practice issued by the government concerning the legislation;

  • Bail-In Legislation means, with respect to any EEA Member Country implementing Article 55 of Directive 2014/59/EU of the European Parliament and of the Council of the European Union, the implementing law for such EEA Member Country from time to time which is described in the EU Bail-In Legislation Schedule.

  • Protection Legislation means (i) the GDPR; (ii) the Data Protection Act 2018 to the extent that it relates to the processing of Personal Data and privacy; and (iii) all applicable Law relating to the processing of Personal Data and privacy, including where applicable the guidance and codes of practice issued by the Information Commissioner, in each case as amended, supplemented or substituted from time to time; Domestic Successor means, as the context requires, either:

  • Enabling Legislation means the CCA;

  • provincial legislation means legislation contemplated in section 10 of the Act promulgated by the Province;

  • UK Bail-in Legislation means Part I of the United Kingdom Banking Act 2009 and any other law or regulation applicable in the United Kingdom relating to the resolution of unsound or failing banks, investment firms or other financial institutions or their affiliates (otherwise than through liquidation, administration or other insolvency proceedings).

  • Data Protection Legislation means the Data Protection Act 1998 and all applicable laws and regulations relating to processing of personal data and privacy, including where applicable the guidance and codes of practice issued by the Information Commissioner or relevant Government department in relation to such legislation;

  • UK Data Protection Legislation means all applicable data protection and privacy legislation in force from time to time in the UK including the UK GDPR; the Data Protection Act 2018; the Privacy and Electronic Communications Directive 2002/58/EC (as updated by Directive 2009/136/EC) and the Privacy and Electronic Communications Regulations 2003 (SI 2003/2426) as amended.

  • Information Legislation means the Freedom of Information Act 2000, the Environmental Information Regulations 2004 and the Data Protection Act 1998 and any other subordinate legislation or Codes of Practice in relation to such legislation.

  • Privacy Legislation means all laws and regulations, including (without limitation) the laws and regulations of the European Union, the European Economic Area and their member states, which are applicable to the processing of Personal Data under this Agreement, including (without limitation) the EU General Data Protection Regulation (2016/679) (“GDPR”); and

  • Applicable Legislation means any statute of Canada or a province thereof, and the regulations under any such named or other statute, relating to warrant indentures or to the rights, duties and obligations of warrant agents under warrant indentures, to the extent that such provisions are at the time in force and applicable to this Indenture;

  • AML Legislation has the meaning assigned to such term in Section 9.16(a).

  • Relevant Legislation means Legislation in force in any jurisdiction where any part of the Activity may be carried out;

  • securities legislation means statutes concerning the regulation of securities markets and trading in securities and the regulations, rules, forms and schedules under those statutes, all as amended from time to time, and the blanket rulings and orders, as amended from time to time, issued by the securities commissions or similar regulatory authorities appointed under or pursuant to those statutes; “Canadian securities legislation” means the securities legislation in any province or territory of Canada and includes the Securities Act (British Columbia); and “U.S. securities legislation” means the securities legislation in the federal jurisdiction of the United States and in any state of the United States and includes the Securities Act of 1933 and the Securities Exchange Act of 1934; and

  • Equality Legislation means any and all legislation, applicable guidance and statutory codes of practice relating to diversity, equality, non-discrimination and human rights as may be in force from time to time in England and Wales or in any other territory in which, or in respect of which, the Supplier provides the Services;

  • Superannuation Legislation means the Federal legislation as varied from time to time, governing the superannuation rights and obligations of the parties, which includes the Superannuation Guarantee (Administration) Act 1992, the Superannuation Guarantee Charge Act 1992, the Superannuation Industry (Supervision) Act 1993 and the Superannuation (Resolution of Complaints) Act 1993.

  • subordinate legislation means any regulation, rule, order, notice, rule of court, resolution, scheme, warrant, byelaw or other instrument made under any enactment and having legislative effect, and

  • previous planning legislation means any planning legislation that is repealed by the Act or the provincial legislation;

  • other applicable legislation means any other legislation applicable to municipal supply chain management, including –