Common use of FFR Payments Clause in Contracts

FFR Payments. The Service Provider will receive a payment for each MW of FFR Available Volume it provides from the Providing Unit in each Trading Period determined in accordance with the following provisions of this Section 3.2 of Part B of Schedule 4. Unless stated otherwise, all parameters used in the calculation of such payments are the Time Weighted Average for a Trading Period. The payment to the Service Provider for FFR Available Volume of the Providing Unit in a Trading Period is determined as: FFR Trading Period Payment = FFR Available Volume x FFR Payment Rate x FFR Scaling Factor x Trading Period Duration

FFR Payments. The Service Provider will receive a payment for each MW of FFR Available Volume it provides from the Providing Unit in each Trading Period determined in accordance with the following provisions of this Section 3.2 of Part B of Schedule 42. Unless stated otherwise, all parameters used in the calculation of such payments are the Time Weighted Average for a Trading Period. The payment to the Service Provider for FFR Available Volume of the Providing Unit in a Trading Period is determined as: FFR Trading Period Payment = FFR Available Volume x FFR Payment Rate x FFR Scaling Factor x Trading Period Duration