Trading Period Payment definition

Trading Period Payment means, in relation a DS3 System Service and in relation to a Trading Period, the payment to which a Service Provider is entitled for providing the Relevant DS3 System Service(s) from the Providing Unit in that Trading Period as calculated under the relevant Sections of Schedule 2, Schedule 3 and Schedule 4;
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Trading Period Payment means, in relation to the Service and in relation to a Trading Period, the payment to which a Service Provider is entitled for providing the Service from the Providing Unit in that Trading Period as calculated under the relevant Sections of Schedule 2;
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Trading Period Payment means, in relation to POR, SOR, TOR1, TOR2 and RR and in relation to a Trading Period, the payment to which a Service Provider is entitled for providing the POR Capability, SOR Capability, TOR1 Capability, TOR2 Capability, RR (Synchronised) Capability or RR (De- synchronised) Capability of a Generating Unit in that Trading Period as calculated under paragraphs 3.2, 4.2, 5.2, 6.2, 7.2.1 and 7.2.2 of Schedule 2 respectively;
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Examples of Trading Period Payment in a sentence

  • Equation 1: Calculation of Trading Period Payments for Regulated Arrangements Trading Period Payment = Available Volume × Payment Rate × Scaling Factor × Trading Period Duration The payment rates are included in the DS3 System Services Statement of Payments.

  • The payment to the Service Provider for RR Available Volume of the Providing Unit in a Trading Period in which it is neither Synchronised nor connected to the Power System is determined as: RR (De-Synchronised) Trading Period Payment = RR Available Volume × RR (De-Synchronised) Payment Rate × RR Scaling Factor × duration of Trading Period.

  • The payment to the Service Provider for RR Available Volume of the Providing Unit in a Trading Period is determined as: RR (De-Synchronised) Trading Period Payment = RR Available Volume × RR (De-Synchronised) Payment Rate × RR Scaling Factor × duration of Trading Period.

  • In DS3 System Service Fixed Contract Agreement (2019) and the DS3 System Services Statement of Payments (applicable from 1 May 2018) Secondary Operating Reserve (SOR) is described in detail.Payments for SOR are based on the available SOR volume (MW):SOR Trading Period Payment [EUR] = SOR Available Volume [MW] x SOR Payment Rate [EUR/MWh] x SOR Scaling Factor [1] X Trading Period Duration [h]Hence, in Ireland there is no payment for activation.

  • Trading Period Payment = Available Volume × Payment Rate × Scaling Factor × Trading Period DurationEquation 1: Calculation of Trading Period Payments for LCIS arrangements The Available Volume and Payment Rate are set out in the LCIS Agreement.

Related to Trading Period Payment

  • Trading Period has the meaning set out in the TSC;

  • Monthly Redemption Date means the 1st of each month, commencing immediately upon the nine month anniversary of the Original Issue Date and terminating upon the full redemption of this Debenture.

  • Monthly Redemption Amount means, as to a Monthly Redemption, $______, plus accrued but unpaid interest, liquidated damages and any other amounts then owing to the Holder in respect of this Debenture.

  • Pricing Period means the five (5) consecutive Trading Days after the Advance Notice Date.