OA SBU FEES. 3.1 The Customer shall be liable to make payments per SBU as set out in this Article 3 based on the total realized value of the OA SBUs, which consists of an intrinsic value component (“Floor”) plus [*] percent ([*]%) (“GSB Share”) of the Additional Value, as set out in this Article 3. 3.2 The Floor shall be the TTF Winter 2019 minus the TTF Day-Ahead (“W19/DA spread”) minus cost for one storage cycle of Variable Injection Fee and Variable Withdrawal Fee for Storage Year 2019 (being 0.330 Euro /MWh); whereby
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Sources: Optimization Agreement
OA SBU FEES. 3.1 The Customer shall be liable to make payments per SBU as set out in this Article 3 based on the total realized value of the OA SBUs, which consists of an intrinsic value component (“Floor”) plus [*] percent ([*]%) (“GSB Share”) of the Additional Value, as set out in this Article 3.
3.2 The Floor shall be the TTF Winter 2019 2020 minus the TTF Day-Ahead (“W19W20/DA spread”) minus cost for one storage cycle of Variable Injection Fee and Variable Withdrawal Fee for Storage Year 2019 2020 (being 0.330 0.341 Euro /MWh); whereby
Appears in 1 contract
Sources: Optimization Agreement
OA SBU FEES. 3.1 The Customer shall be liable to make payments per SBU as set out in this Article 3 based on the total realized value of the OA SBUs, which consists of an intrinsic value component (“Floor”) plus [*] percent ([*]%) (“GSB Share”) of the Additional Value, as set out in this Article 3.
3.2 The Floor shall be the TTF Winter 2019 2018 minus the TTF Day-Ahead (“W19W18/DA spread”) minus cost for one storage cycle of Variable Injection Fee and Variable Withdrawal Fee for Storage Year 2019 2018 (being 0.330 0.234 Euro /MWh); whereby
Appears in 1 contract
Sources: Optimization Agreement