Trading and Settlement Code definition

Trading and Settlement Code means the Trading and Settlement Code
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Trading and Settlement Code or “TSC” means the Single Electricity Market Trading and Settlement Code or any replacement thereof which sets out the rules for trading in electricity and settling energy imbalances and the responsibilities of parties to the code;
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Trading and Settlement Code means a code of that name adopted by the Market Operator and approved by the Regulatory Authorities.
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Examples of 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.

  • Such Bilateral Contract Nomination shall not exceed the Maximum Contracted Energy, be made in accordance with the Trading and Settlement Code and identify the seller with the SSA assigned market participant ID for ESB as the Generator.

  • Such VIPP Bilateral Contract Nomination shall be made in accordance with the Trading and Settlement Code and identify the seller with the SSA assigned market participant ID for ESB as the Generator.

  • 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.

  • The Licensee shall provide and operate a settlement system in accordance with the Trading and Settlement Code and in accordance with any requirements which the Commission may impose on the Transmission System Operator in relation to the role of the Settlement System Administrator as provided for under Regulation 8(1)(d)(iii) of SI 445 of 2000, as amended by Regulation 6 (c) of SI 60 of 2005.


More Definitions of Trading and Settlement Code

Trading and Settlement Code means the code of that name which sets out the rules for the market settlement and the responsibilities of the parties to the code;
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Trading and Settlement Code or “T&SC” means the code of that name which sets out the rules and procedures for an electricity trading and settlement system for the SEM and any successor(s) or replacement(s) thereto (whether by way or regulation or other instrument) as may be amended, modified or replaced from time to time.
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Trading and Settlement Code has the meaning given to it in Statutory
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Trading and Settlement Code means the Trading and Settlement Code developed pursuant to Section 9(1)(d) (Functions of Commission) of the Act (and any Ministerial policy directions thereunder and S.I. No. 49 of 2000), as from time to time revised, amended supplemented or replaced with the approval or at the instance of the Commission;
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Trading and Settlement Code means the Single Electricity Market Trading and Settlement Code as defined in the Licence; “Transmission Interface Arrangements” or “TIA” the transmission interface arrangements prepared by Northern Ireland Electricity Networks Limited and SONI pursuant to the NIE Transmission Licence and the Licence;
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Trading and Settlement Code means the Single Electricity Market Trading and Settlement Code, established under section 9BA(1) of the Act of 1999, concerning rules and procedures for the purchase and sale of wholesale electricity in the Single Electricity Market and in operation during the relevant period including as respects a
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Trading and Settlement Code means the code of that name designated under the Electricity Regulation Act 1999 (Trading Arrangements in Electricity) Regulations 2000 (S.I. No. 49 of 2000);
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