Floating Premium. NICU nurses shall be eligible to receive a five dollar ($5) per hour premium on occasions when they float outside their assigned clinical service areas to at least one (1) pre-identified clinical service (whether inpatient or outpatient) in which they are deemed competent to work.
Floating Premium. In case of a floating premium, a reference value (or strike price) [EUR/MWh] is set either administratively or through a competitive procedure (see Table 2). The reference value represent the income that the investor would need to get a reasonable internal rate of return. The premium [EUR/MWh] is then calculated as the difference between the reference value and the reference market price (this is an average market price- further explain in Figure 17). Whenever the reference market price is above the reference value, the premium would be negative. For this rather unlikely situation, the design can foresee that producers have to pay back this difference (e.g. in UK under the CfD scheme) or the premium is set to zero (e.g. Germany). The introduction of negative premiums (repayment by the producer) can reduce the needed support, when using it for technologies close to market parity (reference value close to expected market price) or if market prices go up unexpectedly.
