Common use of FPFAPR Payments Clause in Contracts

FPFAPR Payments. The Service Provider will receive a payment for each MW of FPFAPR 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 C 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 FPFAPR Available Volume of the Providing Unit in a Trading Period is determined as: FPFAPR Trading Period Payment = FPFAPR Available Volume × FPFAPR Payment Rate × FPFAPR Scaling Factor x Trading Period Duration