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TAR NC Implementation Document – Second Edition September 2017 |
227
Note: In tables 58 and 59, P
cl
is the clearing price.
The index used to calculate the IND is the index chosen at the time of product use
and the same index at the time the product was auctioned. The consumer price in-
dex, the producer price index a combination of both or another type of index can be
used.
NETWORK USER 1
Year
1
2
3
4
5
6
7
8
9
10
P
R,y
1.00
1.00
1.00
1.00
1.00
1.00
1.00
1.00
1.00
1.00
Index
(at time
of auction)
100
.00 101.30 102.72 104.36 105.82 107.09 108.59 110.11 111.87 113.38
IND
1.00
1.01
1.03
1.04
1.06
1.07
1.09
1.10
1.12
1.13
P
R,y
after IND
1.00
1.01
1.03
1.04
1.06
1.07
1.09
1.10
1.12
1.13
RP
0.20
0.20
0.20
0.20
0.20
0.20
0.20
0.20
0.20
0.20
AP
0.00
0.00
0.00
0.00
0.00
0.00
0.00
0.00
0.00
0.00
P
cl
1.00
1.00
1.00
1.00
1.00
1.00
1.00
1.00
1.00
1.00
P
fix
1.20
1.21
1.23
1.24
1.26
1.27
1.29
1.30
1.32
1.33
∆
0.20
0.21
0.23
0.24
0.26
0.27
0.29
0.30
0.32
0.33
Table 58:
Network user 1 – fixed payable price
NETWORK USER 2
Year
1
2
3
4
5
6
7
8
9
10
P
R,y
1.00
1.50
1.50
1.50
1.50
1.50
1.50
1.50
1.50
1.50
Index
(at time
of auction)
100
.00 101.30 102.72 104.36 105.82 107.09 108.59 110.11 111.87 113.38
IND
X
1.00
1.01
1.03
1.04
1.06
1.07
1.09
1.10
1.12
P
R,y
after IND
x
1.50
1.52
1.55
1.57
1.59
1.61
1.63
1.66
1.68
RP
x
0.20
0.20
0.20
0.20
0.20
0.20
0.20
0.20
0.20
AP
x
0.00
0.00
0.00
0.00
0.00
0.00
0.00
0.00
0.00
P
cl
x
1.50
1.50
1.50
1.50
1.50
1.50
1.50
1.50
1.50
P
fix
x
1.70
1.72
1.75
1.77
1.79
1.81
1.83
1.86
1.88
∆
x
0.20
0.22
0.25
0.27
0.29
0.31
0.33
0.36
0.38
Table 59:
Network user 2 – fixed payable price
Conclusion: table 60 shows the difference between what Network User 1 and
Network User 2 will pay for the same yearly standard capacity product. The price for
Network User 2 is higher than for Network User 1 in the corresponding years as the
reserve price was booked a year later. The reserve price had increased in that year,
which increases the binding reserve price for all the subsequent years the capacity
is booked for.
NETWORK USER 1 AND 2 COMPARISON
Year
1
2
3
4
5
6
7
8
9
10
P
fix
Net. User 1
1.20
1.21
1.23
1.24
1.26
1.27
1.29
1.30
1.32
1.33
P
fix
Net. User 2
x
1.70
1.72
1.75
1.77
1.79
1.81
1.83
1.86
1.88
Table 60:
Network user 1 and 2 comparison – fixed payable price