TOR1 Payments. The Service Provider will receive a payment for each MW of TOR1 Available Volume it provides from the Providing Unit in each Trading Period determined in accordance with the following provisions of this Section 5.2. 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 TOR1 Available Volume of the Providing Unit in a Trading Period is determined as: TOR1 Trading Period Payment = TOR1 Available Volume × TOR1 Payment Rate × TOR1 Scaling Factor × Trading Period Duration
Appears in 13 contracts
Samples: System Services Agreement, Agreement, System Services Agreement
TOR1 Payments. The Service Provider will receive a payment for each MW of TOR1 Available Volume it provides from the Providing Unit in each Trading Period determined in accordance with the following provisions of this Section 5.27.2. 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 TOR1 Available Volume of the Providing Unit in a Trading Period is determined as: TOR1 Trading Period Payment = TOR1 Available Volume × TOR1 Payment Rate × TOR1 Scaling Factor × Trading Period Duration
Appears in 4 contracts
Samples: System Services Fixed Contracts Agreement, System Services Fixed Contracts Agreement, www.eirgridgroup.com
TOR1 Payments. The Service Provider will receive a payment for each MW of TOR1 Available Volume it provides from the Providing Unit in each Trading Period determined in accordance with the following provisions of this Section 5.2. 05.2.. 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 TOR1 Available Volume of the Providing Unit in a Trading Period is determined as: TOR1 Trading Period Payment = TOR1 Available Volume × TOR1 Payment Rate × TOR1 Scaling Factor × Trading Period Duration
Appears in 2 contracts
Samples: www.eirgridgroup.com, www.eirgrid.ie
TOR1 Payments. The Service Provider will receive a payment for each MW of TOR1 Available Volume it provides from the Providing Unit Capability in each Trading Period determined in accordance with the following provisions of this Section paragraph 5.2. 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 TOR1 Available Volume Capability of the Providing Generating Unit in a Trading Period is determined as: TOR1 Trading Period Payment = TOR1 Available Volume Capability × TOR1 Payment Rate × TOR1 Scaling Factor × Trading Period DurationDuration Where
Appears in 1 contract
Samples: Services Agreement