The Market perator operates the competitive wholesale Single Electricity Market (SEM) that allows Participants to wholesale energy. ll Parties intending to participate in the market must complete the Participant registration process. The registration processes consist of two major steps: Party registration (for accession to the market): registration as a Party to the Code. Unit registration (for participation in the market): a becomes a Participant by registering Unit(s). Party and Unit deregistration is facilitated by the Market Operator under specific conditions. The following sections describe: The main entities involved in the Participant registration process. The Participant registration and deregistration process overview. APPLICANTS AND PARTIES An Applicant, who applies for accession to the SEM, must register with the Market Operator as a Party. To achieve this, the Applicant shall: Complete a Party Application Form which includes accession conditions; Comply with eligibility requirements as set out in paragraph 2.33 of the Code and on the Application Form; Pay the ccession Fee; and Execute the Accession Deed. All of the required information shall be submitted to the Market Operator and will be validated by the Market Operator within the relevant timelines as detailed in this Agreed Procedure, in section . A Party (or Applicant) shall only be permitted to participate in the SEM via a registered Unit. Registration of Units cannot take effect until the Applicant has become a Party to the Code. An Applicant may submit an application to register Units prior to becoming a Party, provided that a completed Participation Notice has been submitted to the Market Operator. PARTICIPANTS AND Upon registering its first Unit within a Jurisdiction, a Party becomes a Participant. A Participant will receive a Participant ID and Account ID at this time. The Participant ID is a unique identifier pursuant to which Units are aggregated for the purposes of calculating the Required Credit Cover. The Account ID is a unique identifier pursuant to which Units are aggregated for the purposes of: Self-Billing Invoices/Invoicing (AP15); Settlement Reallocation Agreements; and Having access to the data in relation to those Units through a unique digital certificate (as detailed in Agreed Procedure 3 and Agreed Procedure 5). Save as expressly provided in the Code, a may not register more than one Participant in each Jurisdiction. A unique digital certificate will be assigned to each Account ID, which permits access to the Participant’s data. An individual Participant may only have Participant ID but may have more than one Account ID where it registers both Generator Units and Supplier Units.
The Market perator operates the competitive wholesale Single Electricity Market (SEM) that allows Participants to wholesale energy. ll Parties intending to participate in the market must complete the Participant registration process. The registration processes consist of two major steps: Party registration (for accession to the market): registration as a Party to the Code. Unit registration (for participation in the market): a becomes a Participant by registering Unit(s). Party and Unit deregistration is facilitated by the Market Operator under specific conditions. The following sections describe: The main entities involved in the Participant registration process. The Participant registration and deregistration process overview. APPLICANTS AND PARTIES An Applicant, who applies for accession to the SEM, must register with the Market Operator as a Party. To achieve this, the Applicant shall: Complete a Party Application Form which includes accession conditions; Comply with eligibility requirements as set out in paragraph 2.33 of the Code and on the Application Form; Pay the ccession Fee; and Execute the Accession Deed. All of the required information shall be submitted to the Market Operator and will be validated by the Market Operator within the relevant timelines as detailed in this Agreed Procedure, in section . A Party (or Applicant) shall only be permitted to participate in the SEM via a registered Unit. Registration of Units cannot take effect until the Applicant has become a Party to the Code. An Applicant may submit an application to register Units prior to becoming a Party, provided that a completed Participation Notice has been submitted to the Market Operator. PARTICIPANTS AND Upon registering its first Unit within a Jurisdiction, a Party becomes a Participant. A Participant will receive a Participant ID and Account ID at this time. The Participant ID is a unique identifier pursuant to which Units are aggregated for the purposes of calculating the Required Credit Cover. The Account ID is a unique identifier pursuant to which Units are aggregated for the purposes of: Self-Billing Invoices/Invoicing (AP15); Settlement Reallocation Agreements; and Having access to the data in relation to those Units through a unique digital certificate (as detailed in Agreed Procedure 3 and Agreed Procedure 5). Save as expressly provided in the Code, a may not register more than one Participant in each Jurisdiction. A unique digital certificate will be assigned to each Account ID, which permits access to the Participant’s data. An individual Participant may only have Participant ID but may have more than one Account ID where it registers both Generator Units and Supplier Units.
AP01.docx