Common use of CET Clause in Contracts

CET. The aFRR Bidding Obligations, as described in Annex 7.C, apply for the second capacity auction. The awarding procedure and criteria of the capacity auction, as described in Annex 7.D, apply for the second capacity auction. In case after applying this procedure the volume to procure for Day D remains uncovered, ▇▇▇▇ procures remaining “Single-CCTU” aFRR Capacity Bids according to the merit order principle: • All validated but not yet (fully) awarded “Single-CCTU” aFRR Capacity Bids per CCTU are ranked following increasing price20; • From the ranking, the set of cheapest “Single-CCTU” aFRR Capacity Bids fulfilling the remaining required volume per CCTU is awarded. 20 In case two “Single-CCTU” aFRR Capacity Bids are offered at the same price, the first “Single-CCTU” aFRR Capacity Bid submitted is ranked first.

Appears in 2 contracts

Sources: Balancing Service Providers Contract for the Automatic Frequency Restoration Reserve (Afrr) Service, Balancing Service Providers Contract for the Automatic Frequency Restoration Reserve (Afrr) Service

CET. The aFRR Bidding Obligations, as described in Annex 7.C, apply for the second capacity auction. The awarding procedure and criteria of the capacity auction, as described in Annex 7.D, apply for the second capacity auction. In case after applying this procedure the volume to procure for Day D remains uncovered, ▇▇▇▇ procures remaining “Single-CCTU” aFRR Capacity Bids according to the merit order principle: • All validated but not yet (fully) awarded “Single-CCTU” aFRR Capacity Bids per CCTU are ranked following increasing price20price18; • From the ranking, the set of cheapest “Single-CCTU” aFRR Capacity Bids fulfilling the remaining required volume per CCTU is awarded. 20 18 In case two “Single-CCTU” aFRR Capacity Bids are offered at the same price, the first “Single-CCTU” aFRR Capacity Bid submitted is ranked first.

Appears in 1 contract

Sources: Balancing Service Providers Contract for the Automatic Frequency Restoration Reserve (Afrr) Service