Determination of the Remuneration. 5.1.1. The Functioning Rules govern the determination of the Capacity Remuneration (‘pay-as-bid’). 5.1.2. The Capacity Remuneration is expressed in euros (€) per MW per year (euros/MW/year) and covers the Contracted Capacity for each Transaction, limited to the Transaction Period, and listed in Annex A.1 to this Contract. The Capacity Remuneration is paid under the form of a Monthly Remuneration, as from the first month of the Transaction Period in accordance with the formula and the modalities set out below. 5.1.3. The Monthly Remuneration is subject to an ex-ante invoicing issued by the CAPACITY PROVIDER based on the formula provided in paragraph 5.1.5, subject to the monthly statement mentioned in paragraph 5.
Appears in 8 contracts
Sources: Capacity Contract, Capacity Contract, Capacity Contract
Determination of the Remuneration. 5.1.1. The Functioning Rules govern the determination of the Capacity Remuneration (‘pay-aspay -as-bid’).
5.1.2. The Capacity Remuneration is expressed in euros (€) per MW per year (euros/MW/year) and covers the Contracted Capacity for each Transaction, limited to the Transaction Period, and listed in Annex A.1 to this Contract. The Capacity Remuneration is paid under the form of a Monthly Remuneration, as from the first month of the Transaction Period in accordance with the formula and the modalities set out below.
5.1.3. The Monthly Remuneration is subject to an ex-ante invoicing issued by the CAPACITY PROVIDER based on the formula provided in paragraph 5.1.5, subject to the monthly statement mentioned in paragraph 5.
Appears in 1 contract
Sources: Capacity Contract
Determination of the Remuneration.
5.1.1. The Functioning Rules govern the determination of the Capacity Remuneration (‘pay-as-bid’).
5.1.2. The Capacity Remuneration is expressed in euros (€) per MW per year (euros/MW/year) and covers the Contracted Capacity for each Transaction, limited to the Transaction Period, and listed in Annex A.1 to this Contract. The Capacity Remuneration is paid under the form of a Monthly Remuneration, as from the first month of the Transaction Period in accordance with the formula and the modalities set out below.
5.1.3. The Monthly Remuneration is subject to an ex-ante invoicing issued by the CAPACITY PROVIDER based on the formula provided in paragraph 5.1.5., subject to the monthly statement mentioned in paragraph 5.
Appears in 1 contract
Sources: Capacity Contract