The contract is based on a charge for converting the gas and carbon to electricity in a euro per MWh format. – This is called a “Conversion Charge”.
Volumes of gas and carbon are charged at the traded rates and balancing volumes of gas and carbon are priced at the applicable commodity rates for the day.
Regulatory charges, as determined by CRU, are passed through, at cost, as they change. Bills are based on Conversion Charge, Gas Charge, Carbon Charge and pass through charges.