1 / 6

Nodal Update SEWG 3/21/2011

Nodal Update SEWG 3/21/2011. Jim Galvin. Settlement Observations- Load Zone to Hub January. Load Zone Market Prices Feb 2011. Settlement Observations- Cost to Serve Load January. Cost to Serve Load January 2011- AS seems within Zonal values where price per MWh is $1.24 (up $0.07 from Dec)

jessicaspencer
Download Presentation

Nodal Update SEWG 3/21/2011

An Image/Link below is provided (as is) to download presentation Download Policy: Content on the Website is provided to you AS IS for your information and personal use and may not be sold / licensed / shared on other websites without getting consent from its author. Content is provided to you AS IS for your information and personal use only. Download presentation by click this link. While downloading, if for some reason you are not able to download a presentation, the publisher may have deleted the file from their server. During download, if you can't get a presentation, the file might be deleted by the publisher.

E N D

Presentation Transcript

  1. Nodal Update SEWG 3/21/2011 Jim Galvin

  2. Settlement Observations- Load Zone to Hub January Meeting Title (optional)

  3. Load Zone Market Prices Feb 2011

  4. Settlement Observations- Cost to Serve Load January • Cost to Serve Load January 2011- • AS seems within Zonal values where price per MWh is $1.24 (up $0.07 from Dec) • BPD Uplift charges are a credit to Loads at less than $0.01 per MWh, total BPD charges to resources through is approximately $100K (comparable to Dec) • RUC Uplift Charges remain negligible as most charges are assigned to entities short at RUC periods • Total RUC Charges to short entities $1.5 M (up by $0.4M from Dec) • Revenue Neutrality uplift to Loads currently a revenue of $0.07/MWh (down from Dec expense of $0.46/MWh)

  5. Settlement Observations- Cost to Serve Load February • Preliminary Cost to Serve Load for February (based on RTM Settlements through 2/16/2011) • AS seems within Zonal values where price per MWh is $4.24 (up $3 from January), primarily driven by weather events in first two weeks of February • RRS and NSRS make up $3.50 • BPD Uplift charges are a credit to Loads at less than $0.08per MWh • RUC Uplift Charge trends as in December negligible • RUC Shortfall Payments $5.5 M to entities short in the market (less than 10K uplifted to load) • Revenue Neutrality uplift to Loads currently an revenue of $0.13/MWh

  6. Questions? Meeting Title (optional)

More Related