WESM definition

WESM means the wholesale electricity spot market.
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Examples of WESM in a sentence

  • However, the Company may authorize PEMC and/or IEMOP, in writing, to remit its receivables or to accept payments for its WESM transactions or a portion thereof to/from nominated banks or financial institutions pursuant to financing arrangements that the Company may have, or to/from such other person or entity as the Company shall identify, or to otherwise allow such other person or entity to settle the Company’s transactions in the WESM.

  • The Company has read, has full knowledge of and understands the provisions of the Relevant Rules and Issuances and it understands that it must remain to be compliant with its obligations as a registered WESM Member and Trading Participant in order to maintain registration.

  • The interpretation in WESM Rule 9.1 and in Retail Rules Clause 1.2.5 shall apply to any interpretation of this Agreement and is incorporated by reference herein, with such modifications as the context may require.

  • Section 5.02 For disputes not expressly covered by the ERC GEOP Rules, Section of 7.3 of the WESM Rules on dispute resolution shall apply.

  • The Parties acknowledge and agree that in the course of the Company’s participation in the WESM, they may receive or have access to Personal Information of the other Parties employees or client’s.

  • Any notice, demand, consent, request or other communication required or permitted to be given or made under this Agreement shall be given or made in the manner set forth in WESM Rule 9.6 and be addressed in accordance with the information set forth in the Application for Registration submitted to PEMC and/or IEMOP.

  • The Company has adequate qualified employees and other personnel and organization and other arrangements that are sufficient to enable it to perform all of the functions and obligations applicable to a WESM Members and to the sector and WESM membership category of which the Company intends to become part.

  • Section 1.02 The Company has read, has full knowledge of and understands the provisions of the Relevant Rules and Issuances and it understands that it must remain to be compliant with its obligations as a registered WESM Member and Trading Participant in order to maintain registration.

  • Section 1.03 The Company hereby agrees to continually comply with the requirements for its continuing WESM Membership under WESM Customer (Electric Cooperative, Private Distribution Utilities or Local Government Utilities).

  • Section 1.03 The Company hereby agrees to continually comply with the requirements for its continuing WESM Membership under RE Supplier Category.