A-Z Finder

 

N

    Net Inter-Jurisdictional Import

    means the total MWh per Trading Period flow between each Currency Zone summated across each cross-jurisdiction transmission line. The associated Data Transaction is detailed in Appendix L: “Meter Data Transactions”.

     

    Net Output

    means the Output of a Generator Unit excluding Unit Load after to the application of the Net Output Function.

     

    Net Output Function

    has the meaning set out in paragraphs 4.34 and 4.35.

     

    Netting Generator Flag

    means a flag to indicate whether a Generator Unit is a Netting Generator Unit.

     

    Netting Generator Unit

    means a notional Generator Unit registered by a Participant under the Code to facilitate Settlement of a Trading Site.  This does not physically exist and has no meter associated with it and shall be treated under the Code as an Autonomous Generator Unit save as otherwise stated.

     

    New Participant

    means in relation to the calculation of Required Credit Cover, a Participant as described in paragraph 6.184.

     

    No Load Cost

    means the element of operating cost for a Generator Unit, submitted as part of Commercial Offer Data, that is invariant with the level of Output and is incurred at all times when the level of Output is greater than zero.

     

    Nominal System Frequency

    means the nominal average system frequency for each Trading Period which is submitted in accordance with paragraph 4.146 and used in the calculation of Uninstructed Imbalances.

     

    Nominated Quantity

    means the Output intended for a Generator Unit in accordance with paragraph 5.13.

     

    Nominating Participant

    means, for the purposes of paragraphs 2.150 to 2.182 in relation to the Modifications Committee, a Party which is a Participant excluding the System Operators and is allowed to nominate Participant nominees to the Modifications Committee.

     

    Nominating Generation Participants

    means, for the purposes of paragraphs 2.150 to 2.182 in relation to the Modifications Committee, a Party which is a Generation Participant and is allowed to nominate and vote for Generation Participant nominees to the Modifications Committee

     

    Nominating Supply Participants

    means, for the purposes of paragraphs 2.150 to 2.182 in relation to the Modifications Committee, a Party which is a Supply Participant and is allowed to nominate and vote for Supply Participant nominees to the Modifications Committee

     

    Nominating Participant Election

    means the election process for the appointment of Nominating Participant members to the Modifications Committee, as outlined in paragraph 2.170.

     

    Nomination Profile

    has the meaning set out in paragraph 5.12.

     

    Non-Firm Access

    has the meaning set out in paragraph 2.69.

     

    Non Firm Access Quantity

    means the quantity of Output that a Generator Unit does not have firm rights under a Connection Agreement to be able to export onto the system at the point of Connection.

     

    Northern Ireland Authority for Utility Regulation or NIAUR

    means the Northern Ireland Authority for Utility Regulation or more commonly known as the Office for the Regulation of Electricity and Gas of Northern Ireland established under Article 3 Part II of the Energy (Northern Ireland) Order 2003 as amended by Article 3 of the Water and Sewerage Services (Northern Ireland) Order 2006 or any successor body.

    Link to NIAUR website

    Northern Ireland Grid Code

    means the Grid Code at any time existing as required to be prepared by the entity licensed to operate the Northern Ireland Transmission System under its Licence as may be amended from time to time.

     

    Notice

    means any communication required to be given by a Party or to the Regulatory Authorities under the Code or the Framework Agreement but shall not include Data Transactions to the extent that specific rules for communication of Data Transactions are set out in Section 3 and Appendices F-L.  Any reference to a “notification” to be given under the Code shall be deemed to be a “Notice”.

     

    Notice of Dispute

    means a Notice specifying what is disputed, when the Dispute commences, and the Parties of the Dispute.

    For more information on Disputes, please click here

    Notice of Dissatisfaction

    means a Notice issued in accordance with paragraphs 2.309 and 2.310.

     

    Notice of Effective Date

    means a Notice issued from the Market Operator to a Party (or Applicant) specifying the Effective Date for each relevant Unit in accordance with Agreed Procedure 1 “Participant and Unit Registration and Deregistration”

     

SEMO is a joint venture between EirGrid PLC and SONI Limited