Average Forward Baseload Electricity Price definition
Average Forward Baseload Electricity Price is defined in Article 12.4.1;
Average Forward Baseload Electricity Price for any Gas Storage Year means the average of the end-of-day settlement prices for Dutch power baseload for the calendar year in which such Gas Storage Year starts (in Euro per MWh) as published by the Reference Index as forward prices on each day from 1 June (inclusive) to 31 August (inclusive) in the calendar year immediately preceding such Gas Storage Year, calculated by aggregating such end-of-day settlement prices and dividing such aggregated number by the number of days providing such prices;