ENTSOG Tariff NC - Implementation Document 2nd Edition

Annex K Article 15(1) – Example of Calculating Reserve Prices for Non-Yearly Firm Capacity Products with Seasonal Factors 1 Example of pricing for a quarterly product: How much does it cost to book quarterly capacity from January to March if the annual tariff is 1€/(kWh/h)/year, the corresponding quarterly multiplier is 1.5 and the corresponding seasonal factor for the months of January, February and March is 1.25 ? P st = m × sf × (p y /365) × d P st = 1.5 × 1.25 × (1/365) × 90 Quarterly price = 0.4623€/(kWh/h)/q ( •– the capacity to flow 1kWh every hour of the considered first quarter costs a total of 0.4623€) 2 Example of pricing for a monthly product: How much does it cost to book monthly capacity for June if the annual tariff is 1€/(kWh/h)/year, the corresponding monthly multiplier is 1 and the corresponding seasonal factor for the month of June is 0.7? P st = m × sf × (p y /365) × d P st = 1 × 0.7 × (1/365) × 30 Monthly price = 0.0575€/(kWh/h)/m ( •– the capacity to flow 1kWh every hour of the considered month of June costs a total of 0.0575€) 3 Example of pricing for a daily product: How much does it cost to book daily capacity for April if the annual tariff is 1 €/(kWh/h)/year, the corresponding daily multiplier is 1 and the corresponding seasonal factor for the month of April is 1.1 ? P st = m × sf × (p y /365) × d P st = 1 × 1.1 × (1/365) × 1 Daily price = 0.0030€/(kWh/h)/d ( •– the capacity to flow 1kWh every hour of the considered day of April costs a total of 0.0030€) 4 Example of pricing for a within-day product: How much does it cost to book within-day capacity (rest of the day = 5 hours) for September if the annual tariff is 1 €/(kWh/h)/year, the corresponding within-day multiplier is 0.9 and the corresponding seasonal factor for the month of September is 1.3 ? P st = m × sf × (p y /8760) × h P st = 0.9 × 1.3 × (1/8760) × 5 Within-day price = 0.0007€/(kWh/h)/within-day duration ( •– the capacity to flow 1kWh every hour of the remaining 5 hours of the considered day of September costs a total of 0.0007€)

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TAR NC Implementation Document – Second Edition September 2017