Measurement, settlement and payment Sample Clauses

Measurement, settlement and payment. There is no Availability Payment for the Active Power Service. Active power utilisation is measured in terms of the deviation from a baseline level of active power output. The calculation of this baseline is detailed in Schedule 2 of the Framework Agreement. Where Power Potential Active Power Trials have been initiated, DER Providers will receive Utilisation Prices for Active Power Response volumes accepted based on the prices submitted into the Power Potential Tender, as per the Framework Agreement. The DERMS will instruct DER for utilisation based on its own measurement of real-time availability, and will be entitled to use the full range of flexibility technically afforded to it (as per the Framework Agreement). This may exceed the availability implied by the DER expected operating level submitted at the Day Ahead Power Potential Tender. One additional constraint applies: the baseline must be within the maximum and minimum operating level of the plant (i.e. if the application of the scaling factor implies a baseline outside of the DER capability, the capability limit becomes the baseline). Payments will be made by UK Power Networks to the DER Provider within [24] Business Days following the Relevant Month using the bank details given in the Provider’s DER Framework Agreement.