Glossary of Terms


Final Scarcity Scaling Factor

means a variable used to calculate Supplemental Scarcity Credit, calculated in accordance with Section M.6.3.8 of the Market Rules

Forecast Pool Demand

means the day-ahead forecast of Pool Demand in accordance with the Forecast Pool Demand Methodology

Forecast Pool Demand Methodology

means the Approved Methodology referred to in Section K.2.1.1 of the Market Rules for determining Forecast Pool Demand

Framework Agreement

means the agreement designated by the Authority as the Oman Electricity Market Rules Framework Agreement pursuant to OPWP Licence

Fuel Type

means in relation to a Pool Unit a fuel registered in accordance with the Grid Code as a fuel authorised for energy production by the Pool Unit

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