biodiversity impactmeans any change in biodiversity such as in the abundance or distribution of species or distribution, structure and functions of habitats and ecosystems as a direct or indirect effect of net-zero technologies along their life cycle;
carbon footprintmeans the sum of greenhouse gas emissions and greenhouse gas removals in a product system, considering all relevant activities within the spatial and temporal boundary of the system, expressed as carbon dioxide equivalents assessed based on 100-year time horizon global warming potentials and calculated based on a life cycle assessment study using the single impact category of climate change;
circular economymeans an economic system whereby the value of products, materials and other resources in the economy is maintained for as long as possible, enhancing their efficient use in production and consumption, thereby reducing the environmental impact of their use, minimising waste and the release of hazardous substances at all stages of their life cycle, including through the application of the waste hierarchy;
connection across energy carriersmeans the ability of market participants to transfer energy from one energy carrier to another through energy conversion assets.
due diligencemeans a process whereby companies identify, prevent, mitigate and account for how they address the environmental and social negative impacts resulting from their business activities related to the auction;
energy efficiencymeans the ratio of output of energy to the input of energy in the case of energy-generating products or the conversion efficiency, i.e. the ratio of the output of energy to the input of energy in the case of energy-converting and energy storage products;
locational impactmeans the ability of market participants to help address the needs of the electricity system based on the selection of the site and the grid connection point;
network and information systemmeans network and information systems as defined in Article 6, point 1 of Directive (EU) 2022/2555 of the European Parliament and of the Council;
operational controlmeans the authority to introduce and implement operating policies that govern day-to-day activities, processes and resources to ensure the smooth functioning of an installation, and in particular of its network and information systems;
pollutionmeans pollution as defined in Article 3, point (2) of Directive 2010/75/EU of the European Parliament and of the Council and, for water-related pollution, as defined in Article 2(33) of Directive 2000/60/EC;
renewable energy communitymeans a renewable energy community as defined in Article 2(16) of Directive (EU) 2018/2001;
security of network and information systemsmeans security of network and information systems as defined in Article 6, point (2) of Directive (EU) 2022/2555;
temporal flexibilitymeans the ability of market participants to adapt generation, grid feed-in and consumption patterns to contribute to system needs across the relevant time frames, generally by reacting to market signals, in particular in the electricity sector;