Storage Price. 1. The overall annual storage price for each storage year of the storage period shall consist of the price for storage, based on the unit price achieved in the electronic auction held on [●], and the variable fee for accompanying services. a) Price for storage The price shall be calculated according the following equation PU = PF + K Where: PU represents a yearly unit price for the storage services and is established in CZK per 1 MWh of the reserved storage capacity for 1 storage year; PF represents fixed costs equal to 46 CZK per 1 MWh of the reserved storage capacity for 1 storage year. K represents a coefficient achieved in the Auction K [●] CZK [●] CZK b) Fee for the provision of the storage-related services Fee for the provision of the storage-related services is set in CZK and shall be determined in accordance with the following principles: A. For each storage year, an account is managed for the Storage User (kept in kWh) which reflects the utilization of the storage capacity and cumulates (progressively adding) values of the last confirmed nomination for injection of each gas day – nomination mark “+” (hereinafter “year account”). B. A daily unit injection rate is determined for each gas day for the injection nominated by the Storage User. The daily unit injection rate is determined based on the dependency of the quantity recorded in the year account against a respective multiplier of the storage capacity reserved for the Storage User for the respective storage year based on this Contract (see Article III, second line of the table), where: i. If, on the respective gas day, the quantity recorded on the year account is lower or equal to the quantity of the reserved storage capacity, the daily unit injection rate for such gas day shall be 11 CZK per 1 MWh; ii. If, on the respective gas day, the quantity recorded on the year account is higher than one fold, but lower or equal to twofold of the quantity of the reserved storage capacity, the daily unit injection rate for such gas day shall be 9 CZK per 1 MWh; or (hereinafter jointly as “rate of respective day”). C. The amount of the fee is determined throughout the storage year after the end of each gas month as the sum of all respective daily fees. D. Daily fee calculation i. Daily fee for the provision of the storage-related services shall be calculated only for such gas days in which the Storage User nominates injection (+). In gas days in which the Storage User nominates withdrawal (-), no daily fee is calculated. ii. The Storage User shall pay the full daily fee calculated as the value of its respective injection nomination multiplied by the rate of respective day, if the total sum of all other nominations registered in the virtual storage of the Storage Operator for the respective gas day is higher or equal to zero. iii. If the total sum of all other nomination registered in the virtual storage of the Storage Operator is lower than zero: ▪ The Storage User shall pay reduced daily fee, if the absolute size of the sum of all other nominations registered in the virtual storage is smaller than the size of the injection nomination by the Storage User – in such a case, rate of respective day shall be multiplied by the difference between the injection nomination of the Storage User and the absolute size of the sum of all other nominations; or ▪ The Storage User shall pay no daily fee, if the absolute size of the sum of all other nomination registered in the virtual storage equals or is higher than the injection nomination of the Storage User. 2. For each storage year, a monthly price for storage shall be calculated as one twelfth of the yearly price for storage for the respective year. Such monthly price shall be elevated by the fee for the provision of the storage-related services provided in the past gas month and calculated in line with Art. IV, Sec. 2 of this Contract. The total sum shall represent the overall monthly price for Service. 3. Unless otherwise stated, all the price provision associated with the work “month” shall be considered for the gas month period, and those associated with the word “year” shall be considered for the storage year period.
Appears in 1 contract
Sources: Gas Storage Agreement
Storage Price. 1. The overall annual storage price for each storage year of the storage period shall consist of the price for storage, based on the unit price achieved in the electronic auction held on [●], and the variable fee for accompanying services.
a) Price for storage The price shall be calculated according the following equation PU = PF + K Where: PU represents a yearly unit price for the storage services and is established in CZK per 1 MWh of the reserved storage capacity for 1 storage year; PF represents fixed costs equal to 46 CZK per 1 MWh of the reserved storage capacity for 1 storage year. K represents a coefficient achieved in the Auction Storage Year 2019/2020 2020/2021 K [●] CZK [●] CZK
b) Fee for the provision of the storage-related services Fee for the provision of the storage-related services is set in CZK and shall be determined in accordance with the following principles:
A. For each storage year, an account is managed for the Storage User (kept in kWh) which reflects the utilization of the storage capacity and cumulates (progressively adding) values of the last confirmed nomination for injection of each gas day – nomination mark “+” (hereinafter “year account”).
B. A daily unit injection rate is determined for each gas day for the injection nominated by the Storage User. The daily unit injection rate is determined based on the dependency of the quantity recorded in the year account against a respective multiplier of the storage capacity reserved for the Storage User for the respective storage year based on this Contract (see Article III, second line of the table), where:
i. If, on the respective gas day, the quantity recorded on the year account is lower or equal to the quantity of the reserved storage capacity, the daily unit injection rate for such gas day shall be 11 CZK per 1 MWh;
ii. If, on the respective gas day, the quantity recorded on the year account is higher than one fold, but lower or equal to twofold fold of the quantity of the reserved storage capacity, the daily unit injection rate for such gas day shall be 9 CZK per 1 MWh; or (hereinafter jointly as “rate of respective day”).
C. The amount of the fee is determined throughout the storage year after the end of each gas month as the sum of all respective daily fees.
D. Daily fee calculation
i. Daily fee for the provision of the storage-related services shall be calculated only for such gas days in which the Storage User nominates injection (+). In gas days in which the Storage User nominates withdrawal (-), no daily fee is calculated.
ii. The Storage User shall pay the full daily fee calculated as the value of its respective injection nomination multiplied by the rate of respective day, if the total sum of all other nominations registered in the virtual storage of the Storage Operator for the respective gas day is higher or equal to zero.
iii. If the total sum of all other nomination nominations registered in the virtual storage of the Storage Operator is lower than zero: ▪ The Storage User shall pay reduced daily fee, if the absolute size of the sum of all other nominations registered in the virtual storage is smaller than the size of the injection nomination by the Storage User – in such a case, rate of respective day shall be multiplied by the difference between the injection nomination of the Storage User and the absolute size of the sum of all other nominations; or ▪ The Storage User shall pay no daily fee, if the absolute size of the sum of all other nomination nominations registered in the virtual storage equals or is higher than the injection nomination of the Storage User.
2. For each storage year, a monthly price for storage shall be calculated as one twelfth of the yearly price for storage for the respective year. Such monthly price shall be elevated by the fee for the provision of the storage-related services provided in the past gas month and calculated in line with Art. IV, Sec. 2 of this Contract. The total sum shall represent the overall monthly price for Service.
3. Unless otherwise stated, all the price provision associated with the work “month” shall be considered for the gas month period, and those associated with the word “year” shall be considered for the storage year period.
Appears in 1 contract
Sources: Gas Storage Agreement
Storage Price. 1. The overall annual storage price for each storage year of the storage period shall consist of the price for storage, based on the unit price achieved in the electronic auction held on [●], and the variable fee for accompanying services.
a) Price for storage The price shall be calculated according the following equation PU = PF + K Where: PU represents a yearly unit price for the storage services and is established in CZK per 1 MWh of the reserved storage capacity for 1 storage year; PF represents fixed costs equal to 46 52 CZK per 1 MWh of the reserved storage capacity for 1 storage year. K represents a coefficient achieved in the Auction K [●] CZK [●] CZK
b) Fee for the provision of the storage-related services Fee for the provision of the storage-related services is set in CZK and shall be determined in accordance with the following principles:
A. For each storage year, an account is managed for the Storage User (kept in kWh) which reflects the utilization of the storage capacity and cumulates (progressively adding) values of the last confirmed nomination for injection of each gas day – nomination mark “+” (hereinafter “year account”).
B. A daily unit injection rate is determined for each gas day for the injection nominated by the Storage User. The daily unit injection rate is determined based on the dependency of the quantity recorded in the year account against a respective multiplier of the storage capacity reserved for the Storage User for the respective storage year based on this Contract (see Article III, second line of the table), where:
i. If, on the respective gas day, the quantity recorded on the year account is lower or equal to the quantity of the reserved storage capacity, the daily unit injection rate for such gas day shall be 11 14 CZK per 1 MWh;
ii. If, on the respective gas day, the quantity recorded on the year account is higher than one fold, but lower or equal to twofold of the quantity of the reserved storage capacity, the daily unit injection rate for such gas day shall be 9 12 CZK per 1 MWh; or or
iii. If, on the respective gas day, the quantity recorded on the year account is than twofold of the quantity of the reserved storage capacity, the daily unit injection rate for such gas day shall be 10 CZK per 1 MWh (hereinafter jointly as “rate of respective day”).
C. The amount of the fee is determined throughout the storage year after the end of each gas month as the sum of all respective daily fees.
D. Daily fee calculation
i. Daily fee for the provision of the storage-related services shall be calculated only for such gas days in which the Storage User nominates injection (+). In gas days in which the Storage User nominates withdrawal (-), no daily fee is calculated.
ii. The Storage User shall pay the full daily fee calculated as the value of its respective injection nomination multiplied by the rate of respective day, if the total sum of all other nominations registered in the virtual storage of the Storage Operator for the respective gas day is higher or equal to zero.
iii. If the total sum of all other nomination registered in the virtual storage of the Storage Operator is lower than zero: ▪ The Storage User shall pay reduced daily fee, if the absolute size of the sum of all other nominations registered in the virtual storage is smaller than the size of the injection nomination by the Storage User – in such a case, rate of respective day shall be multiplied by the difference between the injection nomination of the Storage User and the absolute size of the sum of all other nominations; or ▪ The Storage User shall pay no daily fee, if the absolute size of the sum of all other nomination registered in the virtual storage equals or is higher than the injection nomination of the Storage User.
2. For each storage year, a monthly price for storage shall be calculated as one twelfth of the yearly price for storage for the respective year. Such monthly price shall be elevated by the fee for the provision of the storage-related services provided in the past gas month and calculated in line with Art. IV, Sec. 2 of this Contract. The total sum shall represent the overall monthly price for Service.
3. Unless otherwise stated, all the price provision associated with the work “month” shall be considered for the gas month period, and those associated with the word “year” shall be considered for the storage year period.
Appears in 1 contract
Sources: Gas Storage Agreement
Storage Price. 1. The overall annual storage price for each storage year of the storage period shall consist of the price for storage, based on the unit price achieved in the electronic auction held on [●], and the variable fee for accompanying services.
a) Price for storage The price shall be calculated according the following equation PU = PF + K Where: PU represents a yearly unit price for the storage services and is established in CZK per 1 MWh of the reserved storage capacity for 1 storage year; PF represents fixed costs equal to 46 37 CZK per 1 MWh of the reserved storage capacity for 1 storage year. K represents a coefficient achieved in the Auction K [●] CZK [●] CZK [●] CZK
b) Fee for the provision of the storage-related services Fee for the provision of the storage-related services is set in CZK and shall be determined in accordance with the following principles:
A. For each storage year, an account is managed for the Storage User (kept in kWh) which reflects the utilization of the storage capacity and cumulates (progressively adding) values of the last confirmed nomination for injection of each gas day – nomination mark “+” (hereinafter “year account”).
B. A daily unit injection rate is determined for each gas day for the injection nominated by the Storage User. The daily unit injection rate is determined based on the dependency of the quantity recorded in the year account against a respective multiplier of the storage capacity reserved for the Storage User for the respective storage year based on this Contract (see Article III, second line of the table), where:
i. If, on the respective gas day, the quantity recorded on the year account is lower or equal to the quantity of the reserved storage capacity, the daily unit injection rate for such gas day shall be 11 10 CZK per 1 MWh;
ii. If, on the respective gas day, the quantity recorded on the year account is higher than one fold, but lower or equal to twofold of the quantity of the reserved storage capacity, the daily unit injection rate for such gas day shall be 9 7 CZK per 1 MWh; or or
iii. If, on the respective gas day, the quantity recorded on the year account is than twofold of the quantity of the reserved storage capacity, the daily unit injection rate for such gas day shall be 5 CZK per 1 MWh (hereinafter jointly as “rate of respective day”).
C. The amount of the fee is determined throughout the storage year after the end of each gas month as the sum of all respective daily fees.
D. Daily fee calculation
i. Daily fee for the provision of the storage-related services shall be calculated only for such gas days in which the Storage User nominates injection (+). In gas days in which the Storage User nominates withdrawal (-), no daily fee is calculated.
ii. The Storage User shall pay the full daily fee calculated as the value of its respective injection nomination multiplied by the rate of respective day, if the total sum of all other nominations registered in the virtual storage of the Storage Operator for the respective gas day is higher or equal to zero.
iii. If the total sum of all other nomination registered in the virtual storage of the Storage Operator is lower than zero: ▪ The Storage User shall pay reduced daily fee, if the absolute size of the sum of all other nominations registered in the virtual storage is smaller than the size of the injection nomination by the Storage User – in such a case, rate of respective day shall be multiplied by the difference between the injection nomination of the Storage User and the absolute size of the sum of all other nominations; or ▪ The Storage User shall pay no daily fee, if the absolute size of the sum of all other nomination registered in the virtual storage equals or is higher than the injection nomination of the Storage User.
2. For each storage year, a monthly price for storage shall be calculated as one twelfth of the yearly price for storage for the respective year. Such monthly price shall be elevated by the fee for the provision of the storage-related services provided in the past gas month and calculated in line with Art. IV, Sec. 2 of this Contract. The total sum shall represent the overall monthly price for Service.
3. Unless otherwise stated, all the price provision associated with the work “month” shall be considered for the gas month period, and those associated with the word “year” shall be considered for the storage year period.
Appears in 1 contract
Sources: Gas Storage Agreement
Storage Price. 1. The overall annual storage price for each storage year of the storage period shall consist of the price for storage, based on the unit price achieved in the electronic auction held on [●], and the variable fee for accompanying services.
a) Price for storage The price shall be calculated according the following equation PU = PF + K Where: PU represents a yearly unit price for the storage services and is established in CZK per 1 MWh of the reserved storage capacity for 1 storage year; PF represents fixed costs equal to 46 45 CZK per 1 MWh of the reserved storage capacity for 1 storage year. K represents a coefficient achieved in the Auction K [●] CZK [●] CZK
b) Fee for the provision of the storage-related services Fee for the provision of the storage-related services is set in CZK and shall be determined in accordance with the following principles:
A. For each storage year, an account is managed for the Storage User (kept in kWh) which reflects the utilization of the storage capacity and cumulates (progressively adding) values of the last confirmed nomination for injection of each gas day – nomination mark “+” (hereinafter “year account”).
B. A daily unit injection rate is determined for each gas day for the injection nominated by the Storage User. The daily unit injection rate is determined based on the dependency of the quantity recorded in the year account against a respective multiplier of the storage capacity reserved for the Storage User for the respective storage year based on this Contract (see Article III, second line of the table), where:
i. If, on the respective gas day, the quantity recorded on the year account is lower or equal to the quantity of the reserved storage capacity, the daily unit injection rate for such gas day shall be 11 10 CZK per 1 MWh;
ii. If, on the respective gas day, the quantity recorded on the year account is higher than one foldonefold, but lower or equal to twofold of the quantity of the reserved storage capacity, the daily unit injection rate for such gas day shall be 9 7 CZK per 1 MWh; or or
iii. If, on the respective gas day, the quantity recorded on the year account is than twofold of the quantity of the reserved storage capacity, the daily unit injection rate for such gas day shall be 5 CZK per 1 MWh (hereinafter jointly as “rate of respective day”).
C. The amount of the fee is determined throughout the storage year after the end of each gas month as the sum of all respective daily fees.
D. Daily fee calculation
i. Daily fee for the provision of the storage-related services shall be calculated only for such gas days in which the Storage User nominates injection (+). In gas days in which the Storage User nominates withdrawal (-), no daily fee is calculated.
ii. The Storage User shall pay the full daily fee calculated as the value of its respective injection nomination multiplied by the rate of respective day, if the total sum of all other nominations registered in the virtual storage of the Storage Operator for the respective gas day is higher or equal to zero.
iii. If the total sum of all other nomination registered in the virtual storage of the Storage Operator is lower than zero: ▪ The Storage User shall pay reduced daily fee, if the absolute size of the sum of all other nominations registered in the virtual storage is smaller than the size of the injection nomination by the Storage User – in such a case, rate of respective day shall be multiplied by the difference between the injection nomination of the Storage User and the absolute size of the sum of all other nominations; or ▪ The Storage User shall pay no daily fee, if the absolute size of the sum of all other nomination registered in the virtual storage equals or is higher than the injection nomination of the Storage User.
2. For each storage year, a monthly price for storage shall be calculated as one twelfth of the yearly price for storage for the respective year. Such monthly price shall be elevated by the fee for the provision of the storage-related services provided in the past gas month and calculated in line with Art. IV, Sec. 2 of this Contract. The total sum shall represent the overall monthly price for Service.
3. Unless otherwise stated, all the price provision associated with the work “month” shall be considered for the gas month period, and those associated with the word “year” shall be considered for the storage year period.
Appears in 1 contract
Sources: Gas Storage Agreement
Storage Price. 1. The overall annual storage price for each storage year of the storage period shall consist of the price for storage, based on the unit price achieved in the electronic auction held on [●], and the variable fee for accompanying services.
a) Price for storage The price shall be calculated according the following equation PU = PF + K Where: PU represents a yearly unit price for the storage services and is established in CZK per 1 MWh of the reserved storage capacity for 1 storage year; PF represents fixed costs equal to 46 58 CZK per 1 MWh of the reserved storage capacity for 1 storage year. K represents a coefficient achieved in the Auction Storage Year 2021/2022 2022/2023 K [●] CZK [●] CZK
b) Fee for the provision of the storage-related services Fee for the provision of the storage-related services is set in CZK and shall be determined in accordance with the following principles:
A. For each storage year, an account is managed for the Storage User (kept in kWh) which reflects the utilization of the storage capacity and cumulates (progressively adding) values of the last confirmed nomination for injection of each gas day – nomination mark “+” (hereinafter “year account”).
B. A daily unit injection rate is determined for each gas day for the injection nominated by the Storage User. The daily unit injection rate is determined based on the dependency of the quantity recorded in the year account against a respective multiplier of the storage capacity reserved for the Storage User for the respective storage year based on this Contract (see Article III, second line of the table), where:
i. If, on the respective gas day, the quantity recorded on the year account is lower or equal to the quantity of the reserved storage capacity, the daily unit injection rate for such gas day shall be 11 CZK per 1 MWh;
ii. If, on the respective gas day, the quantity recorded on the year account is higher than one fold, but lower or equal to twofold fold of the quantity of the reserved storage capacity, the daily unit injection rate for such gas day shall be 9 CZK per 1 MWh; or (hereinafter jointly as “rate of respective day”).
C. The amount of the fee is determined throughout the storage year after the end of each gas month as the sum of all respective daily fees.
D. Daily fee calculation
i. Daily fee for the provision of the storage-related services shall be calculated only for such gas days in which the Storage User nominates injection (+). In gas days in which the Storage User nominates withdrawal (-), no daily fee is calculated.
ii. The Storage User shall pay the full daily fee calculated as the value of its respective injection nomination multiplied by the rate of respective day, if the total sum of all other nominations registered in the virtual storage of the Storage Operator for the respective gas day is higher or equal to zero.
iii. If the total sum of all other nomination nominations registered in the virtual storage of the Storage Operator is lower than zero: ▪ The Storage User shall pay reduced daily fee, if the absolute size of the sum of all other nominations registered in the virtual storage is smaller than the size of the injection nomination by the Storage User – in such a case, rate of respective day shall be multiplied by the difference between the injection nomination of the Storage User and the absolute size of the sum of all other nominations; or ▪ The Storage User shall pay no daily fee, if the absolute size of the sum of all other nomination nominations registered in the virtual storage equals or is higher than the injection nomination of the Storage User.
2. For each storage year, a monthly price for storage shall be calculated as one twelfth of the yearly price for storage for the respective year. Such monthly price shall be elevated by the fee for the provision of the storage-related services provided in the past gas month and calculated in line with Art. IV, Sec. 2 of this Contract. The total sum shall represent the overall monthly price for Service.
3. Unless otherwise stated, all the price provision associated with the work “month” shall be considered for the gas month period, and those associated with the word “year” shall be considered for the storage year period.
Appears in 1 contract
Sources: Gas Storage Agreement
Storage Price. 1. The overall annual storage price for each storage year of the storage period shall consist of the price for storage, based on the unit price achieved in the electronic auction held on [●], and the variable fee for accompanying services.
a) Price for storage The price shall be calculated according the following equation PU = PF + K Where: PU represents a yearly unit price for the storage services and is established in CZK per 1 MWh of the reserved storage capacity for 1 storage year; PF represents fixed costs equal to 46 40 CZK per 1 MWh of the reserved storage capacity for 1 storage year. K represents a coefficient achieved in the Auction K [●] CZK [●] CZK
b) Fee for the provision of the storage-related services Fee for the provision of the storage-related services is set in CZK and shall be determined in accordance with the following principles:
A. For each storage year, an account is managed for the Storage User (kept in kWh) which reflects the utilization of the storage capacity and cumulates (progressively adding) values of the last confirmed nomination for injection of each gas day – nomination mark “+” (hereinafter “year account”).
B. A daily unit injection rate is determined for each gas day for the injection nominated by the Storage User. The daily unit injection rate is determined based on the dependency of the quantity recorded in the year account against a respective multiplier of the storage capacity reserved for the Storage User for the respective storage year based on this Contract (see Article III, second line of the table), where:
i. If, on the respective gas day, the quantity recorded on the year account is lower or equal to the quantity of the reserved storage capacity, the daily unit injection rate for such gas day shall be 11 14 CZK per 1 MWh;
ii. If, on the respective gas day, the quantity recorded on the year account is higher than one fold, but lower or equal to twofold of the quantity of the reserved storage capacity, the daily unit injection rate for such gas day shall be 9 12 CZK per 1 MWh; or or
iii. If, on the respective gas day, the quantity recorded on the year account is than twofold of the quantity of the reserved storage capacity, the daily unit injection rate for such gas day shall be 10 CZK per 1 MWh (hereinafter jointly as “rate of respective day”).
C. The amount of the fee is determined throughout the storage year after the end of each gas month as the sum of all respective daily fees.
D. Daily fee calculation
i. Daily fee for the provision of the storage-related services shall be calculated only for such gas days in which the Storage User nominates injection (+). In gas days in which the Storage User nominates withdrawal (-), no daily fee is calculated.
ii. The Storage User shall pay the full daily fee calculated as the value of its respective injection nomination multiplied by the rate of respective day, if the total sum of all other nominations registered in the virtual storage of the Storage Operator for the respective gas day is higher or equal to zero.
iii. If the total sum of all other nomination registered in the virtual storage of the Storage Operator is lower than zero: ▪ The Storage User shall pay reduced daily fee, if the absolute size of the sum of all other nominations registered in the virtual storage is smaller than the size of the injection nomination by the Storage User – in such a case, rate of respective day shall be multiplied by the difference between the injection nomination of the Storage User and the absolute size of the sum of all other nominations; or ▪ The Storage User shall pay no daily fee, if the absolute size of the sum of all other nomination registered in the virtual storage equals or is higher than the injection nomination of the Storage User.
2. For each storage year, a monthly price for storage shall be calculated as one twelfth of the yearly price for storage for the respective year. Such monthly price shall be elevated by the fee for the provision of the storage-related services provided in the past gas month and calculated in line with Art. IV, Sec. 2 of this Contract. The total sum shall represent the overall monthly price for Service.
3. Unless otherwise stated, all the price provision associated with the work “month” shall be considered for the gas month period, and those associated with the word “year” shall be considered for the storage year period.
Appears in 1 contract
Sources: Gas Storage Agreement
Storage Price. 1. The overall annual storage price for each storage year of the storage period shall consist of the price for storage, based on the unit price achieved in the electronic auction held on [●], and the variable fee for accompanying services.
a) Price for storage The price shall be calculated according the following equation PU = PF + K Where: PU represents a yearly unit price for the storage services and is established in CZK per 1 MWh of the reserved storage capacity for 1 storage year; PF represents fixed costs equal to 46 72 CZK per 1 MWh of the reserved storage capacity for 1 storage year. K represents a coefficient achieved in the Auction Storage Year 2021/2022 2022/2023 2023/2024 K [●] CZK [●] CZK
b) Fee for the provision of the storage-related services Fee for the provision of the storage-related services is set in CZK and shall be determined in accordance with the following principles:
A. For each storage year, an account is managed for the Storage User (kept in kWh) which reflects the utilization of the storage capacity and cumulates (progressively adding) values of the last confirmed nomination for injection of each gas day – nomination mark “+” (hereinafter “year account”).
B. A daily unit injection rate is determined for each gas day for the injection nominated by the Storage User. The daily unit injection rate is determined based on the dependency of the quantity recorded in the year account against a respective multiplier of the storage capacity reserved for the Storage User for the respective storage year based on this Contract (see Article III, second line of the table), where:
i. If, on the respective gas day, the quantity recorded on the year account is lower or equal to the quantity of the reserved storage capacity, the daily unit injection rate for such gas day shall be 11 CZK per 1 MWh;
ii. If, on the respective gas day, the quantity recorded on the year account is higher than one fold, but lower or equal to twofold fold of the quantity of the reserved storage capacity, the daily unit injection rate for such gas day shall be 9 CZK per 1 MWh; or (hereinafter jointly as “rate of respective day”).
C. The amount of the fee is determined throughout the storage year after the end of each gas month as the sum of all respective daily fees.
D. Daily fee calculation
i. Daily fee for the provision of the storage-related services shall be calculated only for such gas days in which the Storage User nominates injection (+). In gas days in which the Storage User nominates withdrawal (-), no daily fee is calculated.
ii. The Storage User shall pay the full daily fee calculated as the value of its respective injection nomination multiplied by the rate of respective day, if the total sum of all other nominations registered in the virtual storage of the Storage Operator for the respective gas day is higher or equal to zero.
iii. If the total sum of all other nomination nominations registered in the virtual storage of the Storage Operator is lower than zero: ▪ The Storage User shall pay reduced daily fee, if the absolute size of the sum of all other nominations registered in the virtual storage is smaller than the size of the injection nomination by the Storage User – in such a case, rate of respective day shall be multiplied by the difference between the injection nomination of the Storage User and the absolute size of the sum of all other nominations; or ▪ The Storage User shall pay no daily fee, if the absolute size of the sum of all other nomination nominations registered in the virtual storage equals or is higher than the injection nomination of the Storage User.
2. For each storage year, a monthly price for storage shall be calculated as one twelfth of the yearly price for storage for the respective year. Such monthly price shall be elevated by the fee for the provision of the storage-related services provided in the past gas month and calculated in line with Art. IV, Sec. 2 of this Contract. The total sum shall represent the overall monthly price for Service.
3. Unless otherwise stated, all the price provision associated with the work “month” shall be considered for the gas month period, and those associated with the word “year” shall be considered for the storage year period.
Appears in 1 contract
Sources: Gas Storage Agreement
Storage Price. 1. The overall annual storage price for each storage year of the storage period shall consist of the price for storage, based on the unit price achieved in the electronic auction held on [●], and the variable fee for accompanying services.
a) Price for storage The price shall be calculated according the following equation PU = PF + K Where: PU represents a yearly unit price for the storage services and is established in CZK per 1 MWh of the reserved storage capacity for 1 storage year; PF represents fixed costs equal to 46 42 CZK per 1 MWh of the reserved storage capacity for 1 storage year. K represents a coefficient achieved in the Auction K [●] CZK [●] CZK
b) Fee for the provision of the storage-related services Fee for the provision of the storage-related services is set in CZK and shall be determined in accordance with the following principles:
A. For each storage year, an account is managed for the Storage User (kept in kWh) which reflects the utilization of the storage capacity and cumulates (progressively adding) values of the last confirmed nomination for injection of each gas day – nomination mark “+” (hereinafter “year account”).
B. A daily unit injection rate is determined for each gas day for the injection nominated by the Storage User. The daily unit injection rate is determined based on the dependency of the quantity recorded in the year account against a respective multiplier of the storage capacity reserved for the Storage User for the respective storage year based on this Contract (see Article III, second line of the table), where:
i. If, on the respective gas day, the quantity recorded on the year account is lower or equal to the quantity of the reserved storage capacity, the daily unit injection rate for such gas day shall be 11 14 CZK per 1 MWh;
ii. If, on the respective gas day, the quantity recorded on the year account is higher than one fold, but lower or equal to twofold of the quantity of the reserved storage capacity, the daily unit injection rate for such gas day shall be 9 12 CZK per 1 MWh; or or
iii. If, on the respective gas day, the quantity recorded on the year account is than twofold of the quantity of the reserved storage capacity, the daily unit injection rate for such gas day shall be 10 CZK per 1 MWh (hereinafter jointly as “rate of respective day”).
C. The amount of the fee is determined throughout the storage year after the end of each gas month as the sum of all respective daily fees.
D. Daily fee calculation
i. Daily fee for the provision of the storage-related services shall be calculated only for such gas days in which the Storage User nominates injection (+). In gas days in which the Storage User nominates withdrawal (-), no daily fee is calculated.
ii. The Storage User shall pay the full daily fee calculated as the value of its respective injection nomination multiplied by the rate of respective day, if the total sum of all other nominations registered in the virtual storage of the Storage Operator for the respective gas day is higher or equal to zero.
iii. If the total sum of all other nomination registered in the virtual storage of the Storage Operator is lower than zero: ▪ The Storage User shall pay reduced daily fee, if the absolute size of the sum of all other nominations registered in the virtual storage is smaller than the size of the injection nomination by the Storage User – in such a case, rate of respective day shall be multiplied by the difference between the injection nomination of the Storage User and the absolute size of the sum of all other nominations; or ▪ The Storage User shall pay no daily fee, if the absolute size of the sum of all other nomination registered in the virtual storage equals or is higher than the injection nomination of the Storage User.
2. For each storage year, a monthly price for storage shall be calculated as one twelfth of the yearly price for storage for the respective year. Such monthly price shall be elevated by the fee for the provision of the storage-related services provided in the past gas month and calculated in line with Art. IV, Sec. 2 of this Contract. The total sum shall represent the overall monthly price for Service.
3. Unless otherwise stated, all the price provision associated with the work “month” shall be considered for the gas month period, and those associated with the word “year” shall be considered for the storage year period.
Appears in 1 contract
Sources: Gas Storage Agreement
Storage Price. 1. The overall annual storage price for each storage year of the storage period shall consist of the price for storage, based on the unit price achieved in the electronic auction held on [●], and the variable fee for accompanying services.
a) Price for storage The price shall be calculated according the following equation PU = PF + K Where: PU represents a yearly unit price for the storage services and is established in CZK per 1 MWh of the reserved storage capacity for 1 storage year; PF represents fixed costs equal to 46 68 CZK per 1 MWh of the reserved storage capacity for 1 storage year. K represents a coefficient achieved in the Auction K [●] CZK [●] CZK
b) Fee for the provision of the storage-related services Fee for the provision of the storage-related services is set in CZK and shall be determined in accordance with the following principles:
A. For each storage year, an account is managed for the Storage User (kept in kWh) which reflects the utilization of the storage capacity and cumulates (progressively adding) values of the last confirmed nomination for injection of each gas day – nomination mark “+” (hereinafter “year account”).
B. A daily unit injection rate is determined for each gas day for the injection nominated by the Storage User. The daily unit injection rate is determined based on the dependency of the quantity recorded in the year account against a respective multiplier of the storage capacity reserved for the Storage User for the respective storage year based on this Contract (see Article III, second line of the table), where:
i. If, on the respective gas day, the quantity recorded on the year account is lower or equal to the quantity of the reserved storage capacity, the daily unit injection rate for such gas day shall be 11 14 CZK per 1 MWh;
ii. If, on the respective gas day, the quantity recorded on the year account is higher than one fold, but lower or equal to twofold of the quantity of the reserved storage capacity, the daily unit injection rate for such gas day shall be 9 12 CZK per 1 MWh; or or
iii. If, on the respective gas day, the quantity recorded on the year account is than twofold of the quantity of the reserved storage capacity, the daily unit injection rate for such gas day shall be 10 CZK per 1 MWh (hereinafter jointly as “rate of respective day”).
C. The amount of the fee is determined throughout the storage year after the end of each gas month as the sum of all respective daily fees.
D. Daily fee calculation
i. Daily fee for the provision of the storage-related services shall be calculated only for such gas days in which the Storage User nominates injection (+). In gas days in which the Storage User nominates withdrawal (-), no daily fee is calculated.
ii. The Storage User shall pay the full daily fee calculated as the value of its respective injection nomination multiplied by the rate of respective day, if the total sum of all other nominations registered in the virtual storage of the Storage Operator for the respective gas day is higher or equal to zero.
iii. If the total sum of all other nomination registered in the virtual storage of the Storage Operator is lower than zero: ▪ The Storage User shall pay reduced daily fee, if the absolute size of the sum of all other nominations registered in the virtual storage is smaller than the size of the injection nomination by the Storage User – in such a case, rate of respective day shall be multiplied by the difference between the injection nomination of the Storage User and the absolute size of the sum of all other nominations; or ▪ The Storage User shall pay no daily fee, if the absolute size of the sum of all other nomination registered in the virtual storage equals or is higher than the injection nomination of the Storage User.
2. For each storage year, a monthly price for storage shall be calculated as one twelfth of the yearly price for storage for the respective year. Such monthly price shall be elevated by the fee for the provision of the storage-related services provided in the past gas month and calculated in line with Art. IV, Sec. 2 of this Contract. The total sum shall represent the overall monthly price for Service.
3. Unless otherwise stated, all the price provision associated with the work “month” shall be considered for the gas month period, and those associated with the word “year” shall be considered for the storage year period.
Appears in 1 contract
Sources: Gas Storage Agreement
Storage Price. 1. The overall annual storage price for each storage year of the storage period shall consist of the price for storage, based on the unit price achieved in the electronic auction held on [●], and the variable fee for accompanying services.
a) Price for storage The price shall be calculated according the following equation PU = PF + K Where: PU represents a yearly unit price for the storage services and is established in CZK per 1 MWh of the reserved storage capacity for 1 storage year; PF represents fixed costs equal to 46 52 CZK per 1 MWh of the reserved storage capacity for 1 storage year. K represents a coefficient achieved in the Auction K [●] CZK [●] CZK
b) Fee for the provision of the storage-related services Fee for the provision of the storage-related services is set in CZK and shall be determined in accordance with the following principles:
A. For each storage year, an account is managed for the Storage User (kept in kWh) which reflects the utilization of the storage capacity and cumulates (progressively adding) values of the last confirmed nomination for injection of each gas day – nomination mark “+” (hereinafter “year account”).
B. A daily unit injection rate is determined for each gas day for the injection nominated by the Storage User. The daily unit injection rate is determined based on the dependency of the quantity recorded in the year account against a respective multiplier of the storage capacity reserved for the Storage User for the respective storage year based on this Contract (see Article III, second line of the table), where:
i. If, on the respective gas day, the quantity recorded on the year account is lower or equal to the quantity of the reserved storage capacity, the daily unit injection rate for such gas day shall be 11 CZK per 1 MWh;
ii. If, on the respective gas day, the quantity recorded on the year account is higher than one fold, but lower or equal to twofold fold of the quantity of the reserved storage capacity, the daily unit injection rate for such gas day shall be 9 CZK per 1 MWh; or (hereinafter jointly as “rate of respective day”).
C. The amount of the fee is determined throughout the storage year after the end of each gas month as the sum of all respective daily fees.
D. Daily fee calculation
i. Daily fee for the provision of the storage-related services shall be calculated only for such gas days in which the Storage User nominates injection (+). In gas days in which the Storage User nominates withdrawal (-), no daily fee is calculated.
ii. The Storage User shall pay the full daily fee calculated as the value of its respective injection nomination multiplied by the rate of respective day, if the total sum of all other nominations registered in the virtual storage of the Storage Operator for the respective gas day is higher or equal to zero.
iii. If the total sum of all other nomination nominations registered in the virtual storage of the Storage Operator is lower than zero: ▪ The Storage User shall pay reduced daily fee, if the absolute size of the sum of all other nominations registered in the virtual storage is smaller than the size of the injection nomination by the Storage User – in such a case, rate of respective day shall be multiplied by the difference between the injection nomination of the Storage User and the absolute size of the sum of all other nominations; or ▪ The Storage User shall pay no daily fee, if the absolute size of the sum of all other nomination nominations registered in the virtual storage equals or is higher than the injection nomination of the Storage User.
2. For each storage year, a monthly price for storage shall be calculated as one twelfth of the yearly price for storage for the respective year. Such monthly price shall be elevated by the fee for the provision of the storage-related services provided in the past gas month and calculated in line with Art. IV, Sec. 2 of this Contract. The total sum shall represent the overall monthly price for Service.
3. Unless otherwise stated, all the price provision associated with the work “month” shall be considered for the gas month period, and those associated with the word “year” shall be considered for the storage year period.
Appears in 1 contract
Sources: Gas Storage Agreement
Storage Price. 1. The overall annual storage price for each storage year of the storage period shall consist of the price for storage, based on the unit price achieved in the electronic auction held on [●], and the variable fee for accompanying services.
a) Price for storage The price shall be calculated according the following equation PU = PF + K Where: PU represents a yearly unit price for the storage services and is established in CZK per 1 MWh of the reserved storage capacity for 1 storage year; PF represents fixed costs equal to 46 52 CZK per 1 MWh of the reserved storage capacity for 1 storage year. K represents a coefficient achieved in the Auction Storage Year 2022/2023 2023/2024 K [●] CZK [●] CZK
b) Fee for the provision of the storage-related services Fee for the provision of the storage-related services is set in CZK and shall be determined in accordance with the following principles:
A. For each storage year, an account is managed for the Storage User (kept in kWh) which reflects the utilization of the storage capacity and cumulates (progressively adding) values of the last confirmed nomination for injection of each gas day – nomination mark “+” (hereinafter “year account”).
B. A daily unit injection rate is determined for each gas day for the injection nominated by the Storage User. The daily unit injection rate is determined based on the dependency of the quantity recorded in the year account against a respective multiplier of the storage capacity reserved for the Storage User for the respective storage year based on this Contract (see Article III, second line of the table), where:
i. If, on the respective gas day, the quantity recorded on the year account is lower or equal to the quantity of the reserved storage capacity, the daily unit injection rate for such gas day shall be 11 CZK per 1 MWh;
ii. If, on the respective gas day, the quantity recorded on the year account is higher than one fold, but lower or equal to twofold fold of the quantity of the reserved storage capacity, the daily unit injection rate for such gas day shall be 9 CZK per 1 MWh; or (hereinafter jointly as “rate of respective day”).
C. The amount of the fee is determined throughout the storage year after the end of each gas month as the sum of all respective daily fees.
D. Daily fee calculation
i. Daily fee for the provision of the storage-related services shall be calculated only for such gas days in which the Storage User nominates injection (+). In gas days in which the Storage User nominates withdrawal (-), no daily fee is calculated.
ii. The Storage User shall pay the full daily fee calculated as the value of its respective injection nomination multiplied by the rate of respective day, if the total sum of all other nominations registered in the virtual storage of the Storage Operator for the respective gas day is higher or equal to zero.
iii. If the total sum of all other nomination nominations registered in the virtual storage of the Storage Operator is lower than zero: ▪ The Storage User shall pay reduced daily fee, if the absolute size of the sum of all other nominations registered in the virtual storage is smaller than the size of the injection nomination by the Storage User – in such a case, rate of respective day shall be multiplied by the difference between the injection nomination of the Storage User and the absolute size of the sum of all other nominations; or ▪ The Storage User shall pay no daily fee, if the absolute size of the sum of all other nomination nominations registered in the virtual storage equals or is higher than the injection nomination of the Storage User.
2. For each storage year, a monthly price for storage shall be calculated as one twelfth of the yearly price for storage for the respective year. Such monthly price shall be elevated by the fee for the provision of the storage-related services provided in the past gas month and calculated in line with Art. IV, Sec. 2 of this Contract. The total sum shall represent the overall monthly price for Service.
3. Unless otherwise stated, all the price provision associated with the work “month” shall be considered for the gas month period, and those associated with the word “year” shall be considered for the storage year period.
Appears in 1 contract
Sources: Gas Storage Agreement
Storage Price. 1. The overall annual storage price for each storage year of the storage period shall consist of the price for storage, based on the unit price achieved in the electronic auction held on [●], and the variable fee for accompanying services.
a) Price for storage The price shall be calculated according the following equation PU = PF + K Where: PU represents a yearly unit price for the storage services and is established in CZK per 1 MWh of the reserved storage capacity for 1 storage year; PF represents fixed costs equal to 46 36 CZK per 1 MWh of the reserved storage capacity for 1 storage year. K represents a coefficient achieved in the Auction K [●] CZK [●] CZK [●] CZK
b) Fee for the provision of the storage-related services Fee for the provision of the storage-related services is set in CZK and shall be determined in accordance with the following principles:
A. For each storage year, an account is managed for the Storage User (kept in kWh) which reflects the utilization of the storage capacity and cumulates (progressively adding) values of the last confirmed nomination for injection of each gas day – nomination mark “+” (hereinafter “year account”).
B. A daily unit injection rate is determined for each gas day for the injection nominated by the Storage User. The daily unit injection rate is determined based on the dependency of the quantity recorded in the year account against a respective multiplier of the storage capacity reserved for the Storage User for the respective storage year based on this Contract (see Article III, second line of the table), where:
i. If, on the respective gas day, the quantity recorded on the year account is lower or equal to the quantity of the reserved storage capacity, the daily unit injection rate for such gas day shall be 11 12 CZK per 1 MWh;
ii. If, on the respective gas day, the quantity recorded on the year account is higher than one fold, but lower or equal to twofold of the quantity of the reserved storage capacity, the daily unit injection rate for such gas day shall be 9 10 CZK per 1 MWh; or or
iii. If, on the respective gas day, the quantity recorded on the year account is than twofold of the quantity of the reserved storage capacity, the daily unit injection rate for such gas day shall be 8 CZK per 1 MWh (hereinafter jointly as “rate of respective day”).
C. The amount of the fee is determined throughout the storage year after the end of each gas month as the sum of all respective daily fees.
D. Daily fee calculation
i. Daily fee for the provision of the storage-related services shall be calculated only for such gas days in which the Storage User nominates injection (+). In gas days in which the Storage User nominates withdrawal (-), no daily fee is calculated.
ii. The Storage User shall pay the full daily fee calculated as the value of its respective injection nomination multiplied by the rate of respective day, if the total sum of all other nominations registered in the virtual storage of the Storage Operator for the respective gas day is higher or equal to zero.
iii. If the total sum of all other nomination registered in the virtual storage of the Storage Operator is lower than zero: ▪ The Storage User shall pay reduced daily fee, if the absolute size of the sum of all other nominations registered in the virtual storage is smaller than the size of the injection nomination by the Storage User – in such a case, rate of respective day shall be multiplied by the difference between the injection nomination of the Storage User and the absolute size of the sum of all other nominations; or ▪ The Storage User shall pay no daily fee, if the absolute size of the sum of all other nomination registered in the virtual storage equals or is higher than the injection nomination of the Storage User.
2. For each storage year, a monthly price for storage shall be calculated as one twelfth of the yearly price for storage for the respective year. Such monthly price shall be elevated by the fee for the provision of the storage-related services provided in the past gas month and calculated in line with Art. IV, Sec. 2 of this Contract. The total sum shall represent the overall monthly price for Service.
3. Unless otherwise stated, all the price provision associated with the work “month” shall be considered for the gas month period, and those associated with the word “year” shall be considered for the storage year period.
Appears in 1 contract
Sources: Gas Storage Agreement