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Template:M summ EFET Allowance Annex 4: Difference between revisions
Template:M summ EFET Allowance Annex 4 (view source)
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[[Primary Obligations for Delivery and Acceptance of Allowances - EFET Allowance Provision|Much]] of this, we feel, is configuring a sale or option contract in an underlying that is more like a financial instrument than a commodity into the wiring of a master agreement that is designed to cater for the sale and trading of power, which is a curious type of commodity in that it doesn’t have an articulated unit, but is a free-flowing source of energy measured more by its volume. This all this business about nominating {{efetaprov|Delivery Point}}s and {{efetaprov|Transfer Point}}s doesn’t really make a lot of sense when you are delivering a dematerialised certificate from one custody account to another, and not sending volts through an electricity grid. | [[Primary Obligations for Delivery and Acceptance of Allowances - EFET Allowance Provision|Much]] of this, we feel, is configuring a sale or option contract in an underlying that is more like a financial instrument than a commodity into the wiring of a master agreement that is designed to cater for the sale and trading of power, which is a curious type of commodity in that it doesn’t have an articulated unit, but is a free-flowing source of energy measured more by its volume. This all this business about nominating {{efetaprov|Delivery Point}}s and {{efetaprov|Transfer Point}}s doesn’t really make a lot of sense when you are delivering a dematerialised certificate from one custody account to another, and not sending volts through an electricity grid. | ||
===={{efetaprov|4.1}} Delivery, Acceptance and Scheduling Obligations ==== | ===={{efetaprov|4.1}} Delivery, Acceptance and Scheduling Obligations ==== | ||
{{M summ EFET Allowance Annex 4.1}} | {{M summ EFET Allowance Annex 4.1}} (That “whereupon” is in Clause {{efetaprov|6.1}} of the {{efeta}}, by the way.) | ||
===={{efetaprov|4.2}} Definition of Schedule ==== | ===={{efetaprov|4.2}} Definition of Schedule ==== | ||
{{M summ EFET Allowance Annex 4.2}} | {{M summ EFET Allowance Annex 4.2}} | ||