Trading Period Payment definition

Trading Period Payment means, in relation a DS3 System Service and in relation to a Trading Period, the payment to which a Service Provider is entitled for providing the Relevant DS3 System Service(s) from the Providing Unit in that Trading Period as calculated under the relevant Sections of Schedule 2, Schedule 3 and Schedule 4;
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Trading Period Payment means, in relation to the Service and in relation to a Trading Period, the payment to which a Service Provider is entitled for providing the Service from the Providing Unit in that Trading Period as calculated under the relevant Sections of Schedule 2;
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Trading Period Payment means, in relation to POR, SOR, TOR1, TOR2 and RR and in relation to a Trading Period, the payment to which a Service Provider is entitled for providing the POR Capability, SOR Capability, TOR1 Capability, TOR2 Capability, RR (Synchronised) Capability or RR (De- synchronised) Capability of a Generating Unit in that Trading Period as calculated under paragraphs 3.2, 4.2, 5.2, 6.2, 7.2.1 and 7.2.2 of Schedule 2 respectively;
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Examples of Trading Period Payment in a sentence

  • Equation 1: Calculation of Trading Period Payments for Regulated Arrangements Trading Period Payment = Available Volume × Payment Rate × Scaling Factor × Trading Period Duration The payment rates are included in the DS3 System Services Statement of Payments.

  • The payment to the Service Provider for RR Available Volume of the Providing Unit in a Trading Period in which it is neither Synchronised nor connected to the Power System is determined as: RR (De-Synchronised) Trading Period Payment = RR Available Volume × RR (De-Synchronised) Payment Rate × RR Scaling Factor × duration of Trading Period.

  • In DS3 System Service Fixed Contract Agreement (2019) and the DS3 System Services Statement of Payments (applicable from 1 May 2018) Secondary Operating Reserve (SOR) is described in detail.Payments for SOR are based on the available SOR volume (MW):SOR Trading Period Payment [EUR] = SOR Available Volume [MW] x SOR Payment Rate [EUR/MWh] x SOR Scaling Factor [1] X Trading Period Duration [h]Hence, in Ireland there is no payment for activation.

  • Information Literacy as a joint competence shaped by everyday life and workplace roles amongst Scottish communitycouncillors.

  • The payment to the Service Provider for RR Available Volume of the Providing Unit in a Trading Period is determined as: RR (De-Synchronised) Trading Period Payment = RR Available Volume × RR (De-Synchronised) Payment Rate × RR Scaling Factor × duration of Trading Period.

Related to Trading Period Payment

  • Trading Period means the term as defined in the NEPOOL GIS Operating Rules.

  • Quarterly Payment Date means the last Business Day of each March, June, September and December.

  • Installment Payment Date means the date on which an installment payment of an assessment is payable.

  • Monthly Settlement Date means the 25th day of each calendar month (or if such day is not a Business Day, the next occurring Business Day).

  • Accumulation Period Factor means, for any Collection Period, a fraction with:

  • Post-Closing Period means any taxable period or portion thereof beginning after the Closing Date. If a taxable period begins on or before the Closing Date and ends after the Closing Date, then the portion of the taxable period that begins on the day following the Closing Date shall constitute a Post-Closing Period.

  • Selling Period means any Forward Hedge Selling Period or any Issuance Selling Period.

  • Pricing Period means the five (5) consecutive Trading Days after the Advance Notice Date.

  • Funding Period means the period beginning on the Closing Date and ending on the first to occur of (a) the Distribution Date on which the amount on deposit in the Pre-Funding Account (after giving effect to any transfers therefrom in connection with the transfer of Subsequent Contracts to the Trust on such Distribution Date) is less than $150,000, (b) the date on which an Event of Termination occurs, (c) the date on which an Insolvency Event occurs with respect to the Trust Depositor and (d) the close of business on the date which is 90 days from and including the Closing Date.