means, in relation to a Step of the Reserve-Adjusted Offer Curve, that the Quantity corresponding to such Step is in whole or in part included in the Market Schedule Quantity..
means a Settlement Statement issued in respect of an Additional Energy Settlement Run or an Additional Scarcity Settlement Run, containing information specified in Market Rules
means an agreement in the form in Annex D-1 of Market Rules
means the electrical energy produced, flowing or supplied by an electric circuit during a time interval measured in units of MWh
means the Availability of a Pool Scheduling Unit in a Trading Period determined. after the Trading Period has elapsed
means the actual cost of procuring one MWh (Lower Heating Value, LHV) of the Fuel Type used by the Pool Unit
means the actual cost of procuring one MWh (Lower Heating Value, LHV) of the Back-Up Fuel Type used by the Pool Unit, if and when applicable
means a Daily Energy Settlement Statement in respect of an Additional Energy Settlement Run
means a Settlement Run for the calculation of Energy Charges which takes place after the Confirmed Energy Settlement Run
means a Market Schedule Run which takes place after the Confirmed Market Schedule Run
means a Monthly Energy Settlement Statement in respect of an Additional Energy Settlement Run
means a Monthly Scarcity Settlement Statement in respect of an Additional Scarcity Price Run
means a further Pool Run in accordance with Market Rules
means the amount of Realised Unpaid Scarcity Value for which Scarcity Credits can be determined, calculated in accordance with Market Rules
means a Settlement Run for the calculation of Scarcity Charges which takes place after the Confirmed Scarcity Settlement Run
means an Additional Energy Settlement Run or Additional Scarcity Settlement Run
means Preliminary Scarcity Credit adjusted by the Preliminary Scarcity Scaling Factor, calculated in accordance with Market Rules
has the meaning given in Section N.4.4.1(j) of Market Rules
has the meaning given in Section O.3.4 of Market Rules
means the approach for determining SMP if it is not possible to set SMP based on the Solution of a Market Schedule Run
means the Approved Methodology referred to in Market Rules for determining a value of SMP under Administered Pricing
has the meaning given in Section P.5.1.4 of Market Rules
means the sum of the SMP and the Scarcity Price for a Trading Period
means, in respect of each Year, a report on the implementation of the Market Rules and the operation of the Pool in that Year
means the maximum possible cumulative Scarcity Credit amount for a Year, as determined by the Authority in accordance with Section M.5.4.1 of the Market Rules
means the sum of Supplemental Scarcity Credit in a Year, calculated in accordance with Section M.6.3.10 of the Market Rules
has the meaning given in Section D.3.2.1
means the fee payable by an Applicant to the Market Operator under Section D.3.2.1(c) of the Market Rules
means a methodology (for doing anything required or permitted by the Market Rules) prepared by the Market Operator or the Power Procurer or the Transmission Company and approved by the Authority
means the Year in respect of which a Market Audit is to be carried out
means the authority established pursuant to Article (19) of the Sector Law, being the Authority for Electricity Regulation, Oman
means a person who Generates electricity for the purposes of Self-Supply (as defined in the Sector Law)
means a flag on a Production Block in an Autogenerator Production Facility which indicates whether all the GenSets in that Production Block are treated as an Autogenerator Production Unit
has the meaning given in Section E.2.1.2 of the Market Rules
has the meaning given in Section E.2.4.2 of the Market Rules
means the Approved Methodology referred to in Section E.2.12.1 of the Market Rules for determining Certified Availability
means a Scarcity Price Run which takes place after the Confirmed Market Schedule Run