Common use of SOR Payments Clause in Contracts

SOR Payments. The Service Provider will receive a payment for each MW of SOR Available Volume it provides from the Providing Unit in each Trading Period determined in accordance with the following provisions of this Section 6.2. Unless stated otherwise, all parameters used in the calculation of such payments are the Time Weighted Average for a Trading Period. The payment to the Service Provider for SOR Available Volume of the Providing Unit in a Trading Period is determined as: SOR Trading Period Payment = SOR Available Volume  SOR Payment Rate  SOR Scaling Factor  Trading Period Duration Where: a) SOR Available Volume (expressed in MW) is the Available Volume of the Providing Unit in respect of SOR and is calculated in accordance with Section 6.1; b) SOR Payment Rate is the Payment Rate (expressed in €/MWh) applicable to SOR; c) SOR Scaling Factor = SOR Event Performance Scalar x Availability Performance Scalar x SOR Temporal Scarcity Scalar; and d) the Trading Period Duration is expressed in hours. For the purposes of (c) above, the SOR Temporal Scarcity Scalar is 2.76.

Appears in 1 contract

Sources: Ds3 System Services Fixed Contracts Agreement

SOR Payments. The Service Provider will receive a payment for each MW of SOR Available Volume it provides from the Providing Unit in each Trading Period determined in accordance with the following provisions of this Section 6.2. Unless stated otherwise, all parameters used in the calculation of such payments are the Time Weighted Average for a Trading Period. The payment to the Service Provider for SOR Available Volume of the Providing Unit in a Trading Period is determined as: SOR Trading Period Payment = SOR Available Volume × SOR Payment Rate × SOR Scaling Factor × Trading Period Duration Where: a) SOR Available Volume (expressed in MW) is the Available Volume of the Providing Unit in respect of SOR and is calculated in accordance with Section 6.1; b) SOR Payment Rate is the Payment Rate (expressed in £/MWh) applicable to SOR; c) SOR Scaling Factor = SOR Event Performance Scalar x Availability Performance Scalar x SOR Temporal Scarcity Scalar; and d) the Trading Period Duration is expressed in hours. For the purposes of (c) above, the SOR Temporal Scarcity Scalar is 2.76.

Appears in 1 contract

Sources: Ds3 System Services Fixed Contracts Agreement

SOR Payments. The Service Provider will receive a payment for each MW of SOR Available Volume it provides from the Providing Unit in each Trading Period determined in accordance with the following provisions of this Section 6.2. Unless stated otherwise, all parameters used in the calculation of such payments are the Time Weighted Average for a Trading Period. The payment to the Service Provider for SOR Available Volume of the Providing Unit in a Trading Period is determined as: SOR Trading Period Payment = SOR Available Volume  SOR Payment Rate  SOR Scaling Factor  Trading Period Duration Where: a) SOR Available Volume (expressed in MW) is the Available Volume of the Providing Unit in respect of SOR and is calculated in accordance with Section 6.1; b) SOR Payment Rate is the Payment Rate (expressed in £/MWh) applicable to SOR; c) SOR Scaling Factor = SOR Event Performance Scalar x Availability Performance Scalar x SOR Temporal Scarcity Scalar; and d) the Trading Period Duration is expressed in hours. For the purposes of (c) above, the SOR Temporal Scarcity Scalar is 2.76.

Appears in 1 contract

Sources: Ds3 System Services Fixed Contracts Agreement

SOR Payments. The Service Provider will receive a payment for each MW of SOR Available Volume it provides from the Providing Unit in each Trading Period determined in accordance with the following provisions of this Section 6.2. Unless stated otherwise, all parameters used in the calculation of such payments are the Time Weighted Average for a Trading Period. The payment to the Service Provider for SOR Available Volume of the Providing Unit in a Trading Period is determined as: SOR Trading Period Payment = SOR Available Volume × SOR Payment Rate × SOR Scaling Factor × Trading Period Duration Where: a) SOR Available Volume (expressed in MW) is the Available Volume of the Providing Unit in respect of SOR and is calculated in accordance with Section 6.1; b) SOR Payment Rate is the Payment Rate (expressed in €/MWh) applicable to SOR; c) SOR Scaling Factor = SOR Event Performance Scalar x Availability Performance Scalar x SOR Temporal Scarcity Scalar; and d) the Trading Period Duration is expressed in hours. For the purposes of (c) above, the SOR Temporal Scarcity Scalar is 2.76.

Appears in 1 contract

Sources: Ds3 System Services Fixed Contracts Agreement

SOR Payments. The Service Provider will receive a payment for each MW of SOR Available Volume it provides from the Providing Unit in each Trading Period determined in accordance with the following provisions of this Section 6.24.2. Unless stated otherwise, all parameters used in the calculation of such payments are the Time Weighted Average for a Trading Period. The payment to the Service Provider for SOR Available Volume of the Providing Unit in a Trading Period is determined as: SOR Trading Period Payment = SOR Available Volume  SOR Payment Rate  SOR Scaling Factor  Trading Period Duration Where: a) SOR Available Volume (expressed in MW) is the Available Volume of the Providing Unit in respect of SOR and is calculated in accordance with Section 6.14.1; b) SOR Payment Rate is the Payment Rate (expressed in €/MWh) applicable to SOR; ; c) SOR Scaling Factor = SOR Event Performance Scalar x Availability Performance SOR Product Scalar x SOR Locational Scalar x SOR Temporal Scarcity ScalarScalar ; and d) the Trading Period Duration is expressed in hours. For the purposes of (c) above, the SOR Temporal Scarcity Scalar is 2.76.

Appears in 1 contract

Sources: Ds3 System Services Framework Agreement