Common use of TOR2 Available Volume Clause in Contracts

TOR2 Available Volume. The Available Volume of the Providing Unit to provide TOR2 in a Trading Period will be determined from the lesser of: (a) the value of the reserve obtained from the TOR2 Reserve Characteristic for the Time Weighted Average MW Output or MW Reduction, where the TOR2 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 Schedule 9 Part 2. The relevant value on the TOR2 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 TOR2 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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TOR2 Available Volume. The Available Volume of the Providing Unit to provide TOR2 in a Trading Period will be determined from the lesser of: (a) the value of the reserve obtained from the TOR2 Reserve Characteristic for the Time Weighted Average MW Output or MW Reduction, where the TOR2 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 Schedule 9 Part 29. The relevant value on the TOR2 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 TOR2 of the Providing 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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TOR2 Available Volume. The Available Volume of the Providing Unit to provide TOR2 in a Trading Period will be determined from the lesser of: (a) the value of the reserve obtained from the TOR2 Reserve Characteristic for the Time Weighted Average MW Output or MW Reduction, where the TOR2 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 Schedule 9 Part 29. The relevant value on the TOR2 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 TOR2 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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