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TAR NC Implementation Document – Second Edition September 2017 |
233
Annex J
Article 14 – Example of Calculating
Reserve Prices for Firm Non-Yearly
Capacity Products without Seasonal
Factors
1 Example of pricing for a quarterly product:
How much does it cost to book quarterly capacity from October to December if the
annual tariff is 1€/(kWh/h)/year and the corresponding quarterly multiplier is 1.4 ?
P
st
= m × (p
y
/ 365) × d
P
st
= 1.4 × (1/365) × 92
Quarterly price = 0.3529€/(kWh/h)/q (
the capacity to flow 1kWh every hour of
the considered fourth quarter costs a total of 0.3529€)
2 Example of pricing for a monthly product:
How much does it cost to book monthly capacity for July if the annual tariff is
1€/(kWh/h)/year and the corresponding monthly multiplier is 1 ?
P
st
= m × (p
y
/ 365) × d
P
st
= 1 × (1/365) × 31
Monthly price = 0.0849€/(kWh/h)/m (
the capacity to flow 1kWh every hour of
the considered month of July costs a total of 0.0849€)
3 Example of pricing for a daily product:
How much does it cost to book daily capacity for February if the annual tariff is
1€ (kWh/h)/year and the daily multiplier is 1.3 ?
P
st
= m × (p
y
/ 365) × d
P
st
= 1.3 × (1/365) × 1
Daily price = 0.0036€/(kWh/h)/d (
the capacity to flow 1kWh every hour of the
considered day of February costs a total of 0.0036€)
4 Example of pricing for a within-day product:
How much does it cost to book within-day capacity (rest of the day = 18 hours) for
March if the annual tariff is 1€/(kWh/h)/year and the within-day multiplier is 1.5 ?
P
st
= m × (p
y
/ 8760) × h
P
st
= 1.5 × (1/8760) × 18
Within-day price = 0.0031€/(kWh/h)/within-day duration (
the capacity to flow
1kWh every hour of the remaining 18 hours of the considered day of March costs a
total of 0.0031€)