means a Settlement Statement in relation to Energy Charges for a Trading Day

has the meaning given in Section F.3 of the Market Rules

means an amount (in OMR) debited in the Pool to the Pool Participant in respect of a Pool Unit

means an event of default under the Market Rules as set out in Section Q.16.2 of the Market Rules

means standing Offer Data used in the absence of updated Offer Data submission, in accordance with Section J.6.2 of the Market Rules

means a Party that is in Default

means the demand (for Active Energy) on the Main Interconnected System or any part of it, or (as the context may require) of any installation (including Production Facilities) Connected or premises connected to the Main Interconnected System, at any time or in any period.  Unless otherwise provided, Demand is stated in MWh for a Trading Period at the Pool Boundary

means the Transmission Company’s estimate of lost load in accordance with the Demand Shedding Volume Methodology

means the Approved Methodology referred to in Section K.2.1.4 of the Market Rules for determining the quantity of Demand Shedding

has the meaning given in Section E.2.5.3 of the Market Rules

means the Approved Methodology referred to in Section E.2.5.3 of the Market Rules in accordance with which Demand Side Arrangements are made

means the Monthly Energy Credit for a Demand Side Unit calculated in accordance with Section N.3.2.1 of the Market Rules

has the meaning given in Section E.2.5 of the Market Rules

means the deregistration of a Production Facility from the Market Register in accordance with Section E.6 of the Market Rules, and Deregister shall be construed accordingly

means the date upon which a Terminated Party ceases to be a Party or a Party that has Withdrawn ceases to be a Party

means a Terminated Party or a Party that has Withdrawn

has the meaning given in the Grid Code and Dispatched shall be interpreted accordingly

has the meaning given in Section L.4.2.1 of the Market Rules

means the data derived from Dispatch Instructions

has the meaning given in the Grid Code

means, for a GenSet, the quantity of Active Energy determined in Section K.2.2.1 of the Market Rules (the GenSet Dispatch Quantity) and for a Pool Scheduling Unit in a Trading Period, the quantity of Output determined in Section K.2.2.3 or K.2.2.4 or K.2.2.8 of the Market Rules as appropriate

means a difference or dispute between two or more Parties arising out of or in connection with these Market Rules (including, without limitation, any question regarding the existence, validity or termination of the contract constituted by the Framework Agreement and this Market Rules Document); and which shall include Settlement Disputes

means a Dispute Review Committee established pursuant to Section P.5.2 of the Market Rules

means the Parties between which a Dispute arises