To participate in any Market activities, you need to register and become Party to the Market Rules. Moreover, to Trade under the Pool, you must be a Pool Participant.
a New Generator who becomes Party to the Market Rules Document has obligations which must be satisfied before its Production Facilities may Participate in the Pool, failure to satisfy which can lead to termination of the New Generator as a Party.
A registered participant in the Oman Electricity Spot market can apply to deregister their Production Facility from the market.
Basis for Deregistration:
Where a Party wishes or is required to Deregister a Production Facility, the Party shall apply for Deregistration by submitting to the Market Operator the following details:
With effect from the Deregistration of a Production Facility, the Production Facility shall cease (if it has not already ceased) to Participate in the Pool.
The Deregistration of a Production Facility does not affect the rights or obligations of any Party under the Market Rules in relation to the Production Facility, and has no other effect in respect of Settlement, Trading or payment of Pool Charges, in respect of any Trading Day prior to the day on which the Deregistration is effective.
To re-register, the Applicant must complete all registration process required for a new Participant.