Settlement Prices. The end of day settlement prices published by a bona fide exchange and/or provider of tradable Allowance products corresponding to the Allowance Trade Date, as selected and compiled by Seller and reasonably acceptable to Buyer. If there is no settlement price publication for the Allowance Trade Date, then use,
Settlement Prices. The calculation of Settlement Prices for FCP Energy and UE Energy is carried out by the Coordination Centres. The price for RP Energy is 0 €/MWh. The price for FCP Energy and UE Energy are the same and calculated as follows: Frequency-independent component is calculated as a weighted average of the DAMP across CE, with weighting performed according to the absolute value of the volumes of FCP Energy and UE Energy, as follows, where m is an index running over all LFC blocks Frequency-dependent component calculated as follows: The uniform price for Unintended Exchange and FCP Energy corresponds to The frequency dependent component may not be considered on the UE and FCP Energy between two LFC Areas connected only by HVDC cable. In this case the reference price corresponds to . Monetary values Based on settlement volumes and the Settlement Prices the monetary values are calculated.
