Availability Price definition
Availability Price means a fixed price for the availability of an ancillary service, irrespective of dispatch or provision, expressed as dollars per period of availability;
Availability Price means, in relation to the DER Unit, the price (expressed in £/Mvar/hour) for making the DER Unit Available, being, in relation to Wave 2 or Wave 3, the price tendered by the Provider and accepted by UKPN subject to and in accordance with the Market Procedures in a Power Potential Tender;
Availability Price in respect of each DER, means the price (£/kW/h) offered in the response to the Company’s auction for making available the DER for a Flexibility Service in accordance Schedule 2;
Examples of Availability Price in a sentence
Availability Payment means the availability payment determined under clause 9.2. Availability Price means the availability price specified in Schedule 3.
More Definitions of Availability Price
Availability Price means $6.00/MW.
Availability Price means $[XX.XX]/MW.
Availability Price means those sums described as such and set out in Part 2 of
Availability Price is specified in Item 2 of the Schedule.
Availability Price means the availability price specified in Schedule 3. Available, in relation to the Service, means the Registered Service Equipment is (or under this Contract is taken to be) capable of increasing Withdrawal by the Maximum Service Quantity (relative to the Baseline Quantity). Baseline Quantity, for the relevant service, means the quantity (calculated in Schedule 4) from which the Maximum Service Quantity provided in a Dispatch Interval is measured.
Availability Price means, in relation to the DER Unit, the price (expressed in £/MVAr/h) for making Reactive Power Response available from the DER Unit as , being, in relation to Wave 2 or Wave 3, the price tendered by the by the Provider and accepted by UKPN subject to and in accordance with the Market Procedures in a Power Potential Auction;Provider and accepted by UKPN subject to and in accordance with the Market Procedures in a Power Potential Auction; "Availability Threshold" A measure of availability during the Optional Technical Trials which is used to determine Participation Payments.
Availability Price means the availability price specified in the Contract Details. Available, in relation to the Service, means the Service Equipment is capable of increasing Injection or reducing Withdrawal (as applicable) by the Maximum Service Quantity, relative to the Baseline Quantity, during a Trading Interval in the Service Period.