Single Electricity Market Trading and Settlement Code definition
Examples of Single Electricity Market Trading and Settlement Code in a sentence
The Licensee shall accede to the Single Electricity Market Trading and Settlement Code and comply with it insofar as it is applicable to it in its capacity as Transmission System Operator.
Available Transfer Capacity, Commercial Offer Data, Interconnector Unit, Interconnector Users, Market Operator, Market Start Date and Modifications have the meanings given to them in the Single Electricity Market Trading and Settlement Code (“SEM TSC”) published by the Authority and the Commission for Energy Regulation in Ireland.
Externally restricted investment income is recognized as revenue when the restriction is met.
The Licensee shall furnish to the Market Operator Licensee, in such manner and at such times as may be reasonably required, such information as may be reasonably required by the Market Operator Licensee in order for it to carry out its licensed activities under the Act, the Single Electricity Market Trading and Settlement Code and the market operator licence held by the Market Operator Licensee.
Subject to paragraphs 2 and 3, the Licensee shall procure such assets and services as may be necessary and appropriate to enable the Licensee to discharge its obligations under the Act, the Single Market Regulations, this Licence and the Single Electricity Market Trading and Settlement Code.