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A-Z Finder

 

R

    Ramp Down Break Point

    means the break point up to which the corresponding Ramp Down Rate applies.  Above the break point, the next Ramp Down Rate applies.

     

    Ramp Down Rate

    means the Ramp Rate associated with a decrease in Active Power production by a Generator Unit.

     

    Ramp Rate

    means the rate of increase or the rate of decrease in Active Power produced by a Generator Unit (excluding Interconnector Units (for which an assumed Ramp Rate applies in accordance with paragraph 5.58), Interconnector Error Units and Interconnector Residual Capacity Units).

     

    Ramp Up Break Point

    means the break point up to which the corresponding Ramp Up Rate applies.  Above the break point, the next Ramp Up Rate applies.

     

    Ramp Up Rate

    means the Ramp Rate associated with an increase in Active Power production by a Generator Unit.

     

    Receiving Party

    means the initial intended recipient of a Data Transaction from another Party.

     

    Recipient Party

    means as set out in paragraph 2.345.

     

    Reduced Participant

    means a Participant as described in paragraph 6.57.

     

    Referral Notice

    means a Notice from a Party to the Dispute Resolution Board as set out in paragraph 2.288.

     

    Registered Capacity

    means the maximum Active Power in MW that a Generator Unit can deliver on a sustained basis at the Export Point submitted for the Generator Unit in accordance with Appendix H: “Participant and Unit Registration and Deregistration”.

     

    Registration Data

    means registration data as set out in Appendix H: “Participant and Unit Registration and Deregistration” except where otherwise specified in the Code.

     

    Regulatory Authorities

    means the NIAUR and the Commission and the term “Regulatory Authority” shall be construed accordingly to mean any one of them as the context admits or requires.

     

    Rejection Notice

    means a Notice sent by the Market Operator to a Sending Party specifying that the Data Transaction concerned is invalid and has been rejected by the Market Operator.

     

    Relevant Nominating Participants

    means Nominating Generation Participants where the Modifications Committee vacancy is for one or more Generator Members or Nominating Supplier Participants where the Modifications Committee vacancy is for one or more Supplier Members.

     

    Required Credit Cover

    means the required Credit Cover calculated by the Market Operator on each Working Day covering the Participant’s actual and potential payment liabilities in respect of its Units and participation in the Pool at any time.

    For more information on Credit Cover, please click here

    Resettlement

    means the same as Settlement Rerun. As an adjective it refers to any financial quantity or data input required for Resettlement.

    Resource Name

    means the name associated with a particular Generator Unit or Supplier Unit.

     

    Revenue Authorities

    means H. M. Revenue and Customs (United Kingdom) and the Office of Revenue Commissioners (Ireland) and the term “Revenue Authority” shall mean either one of them.

     

    Run-of-River Hydro Unit

    means a Generator Unit that uses the flow of the river to drive its hydro turbine and produce electricity.

     

SEMO is a joint venture between EirGrid PLC and SONI Limited