Common use of Calculation Method Clause in Contracts

Calculation Method. is the arithmetic average of the W20/DA Spread during the Calculation Period, rounded to three (3) decimal places, minus 0.341 Euro/MWh. During the weekends the TTF Weekend and TTF Winter 20 price published on the Friday before are used. If for any day the W20/DA Spread minus 0.341 Euro/MWh results in a negative value (< 0 Euro/MWh) then such pricing point will be included as zero (0) Euro/MWh in the arithmetic average calculation of the Floor.

Appears in 1 contract

Sources: Optimization Agreement

Calculation Method. is the arithmetic average of the W20W18/DA Spread during the Calculation Period, rounded to three (3) decimal places, minus 0.341 0.234 Euro/MWh. During the weekends the TTF Weekend and TTF Winter 20 18 price published on the Friday before are used. If for any day the W20W18/DA Spread minus 0.341 0.234 Euro/MWh results in a negative value (< 0 Euro/MWh) then such pricing point will be included as zero (0) Euro/MWh in the arithmetic average calculation of the Floor.

Appears in 1 contract

Sources: Optimization Agreement

Calculation Method. is the arithmetic average of the W20W19/DA Spread during the Calculation Period, rounded to three (3) decimal places, minus 0.341 0.330 Euro/MWh. During the weekends the TTF Weekend and TTF Winter 20 19 price published on the Friday before are used. If for any day the W20W19/DA Spread minus 0.341 0.330 Euro/MWh results in a negative value (< 0 Euro/MWh) then such pricing point will be included as zero (0) Euro/MWh in the arithmetic average calculation of the Floor.

Appears in 1 contract

Sources: Optimization Agreement