Common use of Calculation Method Clause in Contracts

Calculation Method. is the arithmetic average of the W18/DA Spread during the Calculation Period, rounded to three (3) decimal places, minus 0.234 Euro/MWh. During the weekends the TTF Weekend and TTF Winter 18 price published on the Friday before are used. If for any day the W18/DA Spread minus 0.234 Euro/MWh results in a negative value (< 0 Euro/MWh) then such pricing point will be included as zero (0) Euro/MWh in the arithmetic average calculation of the Floor.

Appears in 1 contract

Sources: Optimization Agreement

Calculation Method. is the arithmetic average of the W18W20/DA Spread during the Calculation Period, rounded to three (3) decimal places, minus 0.234 0.341 Euro/MWh. During the weekends the TTF Weekend and TTF Winter 18 20 price published on the Friday before are used. If for any day the W18W20/DA Spread minus 0.234 0.341 Euro/MWh results in a negative value (< 0 Euro/MWh) then such pricing point will be included as zero (0) Euro/MWh in the arithmetic average calculation of the Floor.

Appears in 1 contract

Sources: Optimization Agreement

Calculation Method. is the arithmetic average of the W18W19/DA Spread during the Calculation Period, rounded to three (3) decimal places, minus 0.234 0.330 Euro/MWh. During the weekends the TTF Weekend and TTF Winter 18 19 price published on the Friday before are used. If for any day the W18W19/DA Spread minus 0.234 0.330 Euro/MWh results in a negative value (< 0 Euro/MWh) then such pricing point will be included as zero (0) Euro/MWh in the arithmetic average calculation of the Floor.

Appears in 1 contract

Sources: Optimization Agreement