TITLE IU.K. GENERAL PROVISIONS

Article 5U.K.Approval of terms and conditions or methodologies of TSOs

1.[F1The regulatory authority] shall approve the terms and conditions or methodologies developed by TSOs under [F2paragraph 4].

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4.The proposals for the following terms and conditions or methodologies shall be subject to approval by [F4the regulatory authority] F5... on a case-by-case basis:

(a)the exemption to publish information on offered prices of balancing energy or balancing capacity bids due to market abuse concerns pursuant to Article 12(4);

(b)where appropriate, the methodology for allocating costs resulting from actions taken by DSOs, pursuant to Article 15(3);

(c)the terms and conditions related to balancing pursuant to Article 18;

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(f)the exemption to separate procurement of upward and downward balancing capacity pursuant to Article 32(3);

(g)where appropriate, the additional settlement mechanism separate from the imbalance settlement, to settle the procurement costs of balancing capacity, administrative costs and other costs related to balancing with balance responsible parties pursuant to Article 44(3);

(h)the derogations to one or more provisions of this Regulation pursuant to Article 62(2);

(i)the costs relating to the obligations imposed on system operators or assigned third entities in accordance with this Regulation pursuant to Article 8(1);

[F7(j)the exemption, for the geographical area in which the procurement of balancing capacity has taken place, from the requirement to allow balancing service providers to transfer their obligations to provide balancing capacity pursuant to Article 34(1);

(k)the exemption from the requirement to apply imbalance settlement periods of 15 minutes pursuant to Article 53(2);]

on which [F8the Secretary of State] may provide an opinion to the F9... regulatory authority.

5.The proposal for terms and conditions or methodologies shall include a proposed timescale for their implementation and a description of their expected impact on the objectives of this Regulation. The implementation timescale shall not be longer than 12 months after the approval by the [F10regulatory authority], except where [F11the regulatory authority agrees] to extend the implementation timescale or where different timescales are stipulated in this Regulation. F12...

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8.Any party may complain against a relevant system operator or TSO in relation to that system operator's or TSO's obligations or decisions under this Regulation and may refer the complaint to the relevant regulatory authority which, acting as dispute settlement authority, shall issue a decision within two months after receipt of the complaint. That period may be extended by a further two months where additional information is sought by the relevant regulatory authority. That extended period may be further extended with the agreement of the complainant. The relevant regulatory authority's decision shall be binding unless and until overruled on appeal.

Textual Amendments