Examples of Bidding Code of Practice in a sentence
The Licensee shall, in carrying out the activity to which paragraph 1 refers, act so as to ensure its compliance with the requirements of the Bidding Code of Practice.
The Authority may issue directions to the Licensee for the purpose of securing that the Licensee, in carrying out the activity to which paragraph 1 refers, complies with the requirements of this Condition and of the Bidding Code of Practice, and the Licensee shall comply with any such directions.
In this Condition: Bidding Code of Practicemeans the document of that title published by the Authority in accordance with paragraph 5, as it may be amended from time to time.Commercial Offer Datahas the meaning given to it in the Single Electricity Market Trading and Settlement Code, as it may be amended from time to time.Opportunity Costshall have the meaning set out in, and the value calculated in accordance with, the terms of the Bidding Code of Practice.
The Licensee shall, in carrying out the activity to which paragraph 1 refers, act so as to ensure its compliance with the requirements of the Bidding Code of Practice and any directions issued under it.
The Commission may issue directions to the Licensee for the purposes of securing that the Licensee, in carrying out the activity to which paragraph 1 refers, complies with this licence and with the Bidding Code of Practice, and the Licensee shall comply with such directions.
The unit’s role is to investigate market power within the SEM and to monitor compliance of market participants with regards to the Bidding Code of Practice (BCoP) and other market rules.
The licensee shall, in carrying out the activity to which paragraph 1 refers, act so as to ensure its compliance with the requirements of the Bidding Code of Practice.
The Commission may issue directions to the licensee for the purposes of securing that the licensee, in carrying out the activity to which paragraph 1 refers, complies with this Order and with the Bidding Code of Practice, and the licensee shall comply with such directions.
The Commission has published and, following consultation with the holders of Supply Licenses and Generation Licences and such other persons as the Commission considers appropriate, from time to time may by direction amend, the document known as the Bidding Code of Practice.
In Ireland a 'Bidding Code of Practice' states that generators must sell electricity to the pool at the marginal cost of producing each unit of electricity, as well as a licence condition in all generation licences requiring short run marginal cost bidding.