Forward Firm Long-Term Capacity Sample Clauses

Forward Firm Long-Term Capacity. The fee structure for Forward Firm Long-Term Capacity in the TAP Transportation System follows an entry-exit system, so that Shippers will pay Tariffs in respect of each entry capacity booking and each exit capacity booking they make. The initial technical scope for the TAP Transportation System only includes an entry point at the Greek-Turkish border (Kipoi) and an exit point in Italy (province of Lecce). However, the Tariff for any current or future entry or exit point will be calculated according to the following methodology: Entry tariff (same tariff for all entry points): 𝑇 = (50% 𝑇𝑅 ) [ 1 ] 𝑓𝑤𝑑,𝑒𝑛𝑡𝑟𝑦,𝑡 𝑡 ∑𝑛 (𝐶𝑓𝑤𝑑,𝑒𝑛𝑡𝑟𝑦,𝑡,𝑗) 𝑗=1 where: Tfwd,entry,t Forward entry tariff at every entry point, in EUR/KWh/Gas Day/Gas Year TRt Target Revenue for the specific tariff calculation year t, in EUR Cfwd,entry,t,j Total Initial Capacity Bookings and Expansion Capacity Bookings for Forward Firm Capacity for entry at each entry point, j during the specific tariff calculation year, in KWh/Gas Day. j Denotes the unique serial number indicating the entry or exit points within the TAP pipeline system. Entry/exit points are assigned unique serial numbers, 1 being assigned to the easternmost entry/exit point and n to the westernmost one. n Total number of entry points in the TAP Transportation System. Exit tariff (separate tariff for each exit point, x): 𝑇 = (50% 𝑇𝑅 ) [ 𝐿𝑓𝑤𝑑,𝑥 ] 𝑓𝑤𝑑,𝑒𝑥𝑖𝑡,𝑡,𝑥 𝑡 ∑𝑛 (𝐶𝑓𝑤𝑑,𝑒𝑥𝑖𝑡,𝑡,𝑗 𝐿𝑓𝑤𝑑,𝑗) 𝑗=1 where: Tfwd,exit,t,x Forward exit tariff at exit point x, in EUR/KWh/Gas Day/Gas Year TRt Target Revenue for the specific tariff calculation year t, in EUR Cfwd,exit,t,j Total Initial Capacity Bookings and Expansion Capacity Bookings for Forward Firm Capacity for exit at each exit point j during the specific tariff calculation year, in KWh/Gas Day. Lfwd,x Pipeline length from easternmost entry/exit point to exit point x. Lfwd,j Pipeline length from easternmost entry/exit point to each exit point, j where forward flow exit capacity is booked for the specific tariff calculation year j Denotes the unique serial number indicating the entry or exit points within the TAP pipeline system. Entry/exit points are assigned unique serial numbers, 1 being assigned to the easternmost entry/exit point and n to the westernmost one. n Total number of entry points in the TAP Transportation System. If as a result of a Market Test, the application of the Entry and Exit tariff formulas above would lead to an incre...