Common use of TOR1 Available Volume Clause in Contracts

TOR1 Available Volume. The Available Volume of the Providing Unit to provide TOR1 in a Trading Period will be determined from the lesser of: (a) the value of the reserve obtained from the TOR1 Reserve Characteristic for the Time Weighted Average MW Output or MW Reduction, where the TOR1 Reserve Characteristic has been adjusted to reflect the Time Weighted Average Availability of the Providing Unit (expressed in MW) in the manner described in the example set out in Part 2 of Schedule 9. The relevant value on the TOR1 Reserve Characteristic will be determined from the average MW Output or the average MW Reduction (expressed in MW) over the Trading Period; and (b) the Declared TOR1 of the Providing Unit.

Appears in 6 contracts

Samples: Ds3 System Services Framework Agreement, Ds3 System Services Agreement, Ds3 System Services Agreement

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TOR1 Available Volume. The Available Volume of the Providing Unit to provide TOR1 in a Trading Period will be determined from the lesser of: (a) the value of the reserve obtained from the TOR1 Reserve Characteristic for the Time Weighted Average MW Output or MW Reduction, where the TOR1 Reserve Characteristic has been adjusted to reflect the Time Weighted Average Availability of the Providing Unit (expressed in MW) in the manner described in the example set out in Part 2 of Schedule 9. The relevant value on the TOR1 Reserve Characteristic will be determined from the average MW Output or the average MW Reduction (expressed in MW) over the Trading Period; and (b) the Declared TOR1 of the Providing Unit.Unit and c) the maximum of

Appears in 4 contracts

Samples: Ds3 System Services Fixed Contracts Agreement, Ds3 System Services Fixed Contracts Agreement, Ds3 System Services Fixed Contracts Agreement

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TOR1 Available Volume. The Available Volume of the Providing Unit to provide TOR1 in a Trading Period will be determined from the lesser of: (a) the value of the reserve obtained from the TOR1 Reserve Characteristic for the Time Weighted Average MW Output or MW Reduction, where the TOR1 Reserve Characteristic has been adjusted to reflect the Time Weighted Average Availability of the Providing Unit (expressed in MW) in the manner described in the example set out in Part 2 of Schedule 9. The relevant value on the TOR1 Reserve Characteristic will be determined from the average MW Output or the average MW Reduction (expressed in MW) over the Trading Period; and (b) the Declared TOR1 of the Providing Unit.

Appears in 2 contracts

Samples: Ds3 System Services Fixed Contracts Agreement, Ds3 System Services Fixed Contracts Agreement

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