OA SBU FEES. 3.1 The Customer shall pay to GSB an intrinsic value component (the “Floor”) per SBU and [*] percent ([*]%) of the Additional Value (the “GSB Share”) per SBU. These amounts will be determined on the basis of the total realized value of OA SBUs as set out in this Article 3. 3.2 The Floor shall be the TTF Winter 2024 minus the TTF Day-Ahead (“W24/DA spread”) minus cost for one storage cycle of the Injection Fee and Withdrawal Fee for Storage Year 2024 (being 0.848 Euro/MWh) whereby:
Appears in 1 contract
Sources: Optimization Agreement
OA SBU FEES. 3.1 3.1. The Customer shall pay to GSB an intrinsic value component (the “Floor”) per SBU and [*] percent ([*]%) of the Additional Value (the “GSB Share”) per SBU. These amounts will be determined on the basis of the total realized value of OA SBUs as set out in this Article 3.
3.2 3.2. The Floor shall be the TTF Winter 2024 2025 minus the TTF Day-Ahead (“W24W25/DA spread”) minus cost for one storage cycle of the Injection Fee and Withdrawal Fee for Storage Year 2024 2025 (being 0.848 0.682 Euro/MWh) whereby:
Appears in 1 contract
Sources: Optimization Agreement
OA SBU FEES. 3.1 The Customer shall pay to GSB an intrinsic value component (the “Floor”) per SBU and [*] percent ([*]%) of the Additional Value (the “GSB Share”) per SBU. These amounts will be determined on the basis of the total realized value of OA SBUs as set out in this Article 3.
3.2 The Floor shall be the TTF Winter 2024 2023 minus the TTF Day-Ahead (“W24W23/DA spread”) minus cost for one storage cycle of the Injection Fee and Withdrawal Fee for Storage Year 2024 2023 (being 0.848 2.176 Euro/MWh) whereby:
Appears in 1 contract
Sources: Optimization Agreement