benefit formula

recalculation of a benefit

benefit formula

value at risk approach | VAR approach [Abbr.]

direct costing | marginal costing | proportional costing(USA) | variable costing

instream flow incremental methodology [ IFIM | IFIM method ]

preliminary term reserve system | preliminary term | full preliminary term reserve method

modified preliminary term

Feature costing

Stresses that better harmonisation of the methods of calculating additionality (capacity to promote technologies that perform above the market average) and materiality (promoting action that would not necessarily have been taken) and for the measurement and verification of energy savings could contribute to the more effective implementation of Article 7.

When imposing cost-oriented access prices, NRAs may continue to apply beyond 31 December 2016 the costing methodology that they use at the time of entry into force of this Recommendation, if it meets the objectives of the recommended costing methodology as set out in recitals 25 to 28 and satisfies the following criteria: (i) if not modelling an NGA network, it should reflect a gradual shift from a copper network to an NGA network; (ii) it should apply an asset valuation method that takes into account that certain civil infrastructure assets would not be replicated in the competitive process; (iii) it should be accompanied by d ...[+++]ocumented projections of copper network prices showing that they will not fluctuate significantly and therefore will remain stable over a long time period and that the alternative methodology meets the objective of regulatory transparency and predictability as well as the need to ensure price stability; and (iv) it should require only minimal modifications with respect to the costing methodology already in place in that Member State in order to meet the first three criteria.

When implementing the recommended costing methodology or alternative costing methodologies that comply with points 40 and 44, and the NRA maintains the methodology in line with point 46, NRAs should only update the data input into the costing methodology when conducting a new market review, in principle after three years.

(26e) In order not to discourage credit institutions from moving to the Internal Ratings-Based Approach (IRB) or the Advanced Measurement Approach (AMA) for calculating the capital requirements during the transitional period due to unreasonable and disproportionate implementation costs, credit institutions that move to IRB or AMA after 31 December 2009 and which have therefore previously calculated their capital requirements in accordance with the less sophisticated approaches should, subject to supervisory approval, be allowed to use ...[+++] the less sophisticated approaches as the basis for the calculation of the transitional floor.