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TAR NC Implementation Document – Second Edition September 2017
CHAPTER IV: RECONCILIATION OF REVENUE ������������������������ 90 GENERAL 91 Article 17 General provisions. 91Article 1
8 Under-/over-recovery. 92 REVENUE RECONCILIATION 93 Article 19(1), (2),(4
) Regulatory account . 93Article 19(3
) Regulatory account and incentive mechanisms. . . . . . . . . 94 Article 19(5) Auction premium. 95 Article 20 R econciliation of regulatory account. 96 CHAPTER V: PRICING OF BUNDLED CAPACITY AND CAPACITY AT VIPS ������������������������������������ 98 RESERVE PRICES FOR BUNDLED CAPACITY PRODUCTS 99Article 2
1 Bundled capacity. 99 RESERVE PRICES FOR CAPACITY PRODUCTS OFFERED AT A VIP 101Article 2
2 VIP . 101 CHAPTER VI: CLEARING AND PAYABLE PRICE ��������������������106 CLEARING PRICE 107Article 2
3 What a clearing price is . 107 PAYABLE PRICE 108Article 2
4 Payable price: two approaches. 108Article 24(a
) Floating payable price . 109 Article 24(b) F ixed payable price . 110 Article 25 W hen to apply each payable price approach and why. 112 CHAPTER VII: CONSULTATION REQUIREMENTS ������������������114 PERIODIC CONSULTATION 115Article 26(1
) Content of the document for periodic consultation and comparison to Chapter VIII ‘Publication requirements’ ���� 115 Article 26(2), 26(3) and Article 27 P rocedure for the periodic consultation. . . . . . . . . . . . . . 118 Article 26(5) ACER’s template for the consultation document. 120Article 27(5
) ‘New’ tariffs. 121 TARIFF PERIOD CONSULTATION 123Article 28(1
) Content of the document for consultation on multipliers, seasonal factors and discounts���������������������������������������� 123 Article 28(1) and (3) P rocedure for the consultation on multipliers, seasonal factors and discounts���������������������������������������� 124 COMPARISON 126 Article 27(5) and 28(2) Repetitive consultation processes a nd comparison. 126