OMEL definition

OMEL means the Operador del Mercado Ibérico de Energía – Polo Español, S.A., or its successor, which reports market prices on its website at www.omel.es or its successor;

Examples of OMEL in a sentence

  • After REE and OMEL have provided VME with the plants activities results within the market, the corresponding invoice shall be issued for month M settlement, together with details of the calculation method applied.

  • Control and rectification of aircraft defects including OMEL & NMD’s endorsed on Maintenance Release.

  • This last information is used to forward bids to the electrical market (OMEL), delivered to the Client according to Clause 7.

  • The Operator will forecast the excess electrical power of the Facility that could be issued as bids to OMEL, pursuant to a strategy formulated by the Client and communicated to the Operator (“Excess Production Programme” or “Excess Forecast”).

  • The Client will be responsible for delivering all selling bids to OMEL, in accordance with the forecasts made by the Operator, following the established rules and regulations for participation in the Market.

  • Once REE and OMEL make available to VME the performance results of the plants on the market, the invoice relating to the settlement of the M Month will be issued with a breakdown of the calculation method.

  • TOTAL was also authorised by OMEL to carry out Geological & Geographical activities which was carried out by the TOTAL in France.

  • On the same ground NAPIMS also disallowed Rs.45.40 crore incurred in France in respect of Geological & Geographical expenditure in another Block (OPL285) allotted to OMEL.

  • Member of the Board of Directors of (1) Banco Santander Central Hispano (bank) since March 1990, (2) Fundacion Focus-Abengoa (philanthropic foundation) since May 1991, and (3) Compania Operadora del Mercado Espanol de ▇lectricidad, S.A. (OMEL) (regulator of Spanish electricity market) since November 1998.

  • While OMEL had 40 per cent participating interest with over all financial commitment of US$ 140 million,ℜ M/s Emo/NJ Exploration and Production Limited (EMO), a Local Content Vehicle of Nigerian Government had 60 per cent participating interest (without making any investment).

Related to OMEL

  • BLS means basic life support;

  • Sage means The Sage Group plc or an Affiliate thereof.

  • SADC means the Southern African Development Community;

  • Arena means an enclosed building:

  • Raptor means all birds of the orders Falconiformes and Strigiformes, commonly called falcons,