Definitions
Article 2
For the purposes of this Regulation, the definitions in Article 2 of Regulation (EC) No 714/2009, Article 2 of Regulation (EU) 2015/1222, Article 2 of Commission Regulation (EU) No 543/2013 ( 4 ) as well as Article 2 of Directive 2009/72/EC of the European Parliament and of the Council ( 5 ) shall apply. In addition, the following definitions shall apply: (1) ‘forward capacity allocation’ means the attribution of long-term cross-zonal capacity through an auction before the day-ahead time frame; (2) ‘long-term transmission right’ means a physical transmission right or a FTR — option or a FTR — obligation acquired in the forward capacity allocation; (3) ‘allocation rules’ means the rules for forward capacity allocation applied by the single allocation platform; (4) ‘single allocation platform’ means the European platform established by all TSOs for forward capacity allocation; (5) ‘auction’ means the process by which long-term cross-zonal capacity is offered and allocated to market participants who submit bids; (6) ‘UIOSI’ means the principle according to which the underlying cross-zonal capacity of physical transmission rights purchased and non-nominated is automatically made available for day-ahead capacity allocation and according to which the holder of these physical transmission rights receives remuneration from the TSOs. (7) ‘nomination’ means the notification of the use of long-term cross-zonal capacity by a physical transmission rights holder and its counterparty, or an authorised third party, to the respective TSOs; (8) ‘nomination rules’ means the rules with regard to the notification of use of long-term cross-zonal capacity by a physical transmission rights holder and their counterparty, or an authorised third party, to the respective TSOs; (9) ‘market spread’ means the difference between the hourly day-ahead prices of the two concerned bidding zones for the respective market time unit in a specific direction; (10) ‘compensation rules’ means the rules according to which each TSO responsible for the bidding zone border, where long-term transmission rights have been allocated, compensates transmission right holders for curtailing the long-term transmission rights.