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Settlement Information for Operating Days 04-16-06 thru 04-18-06. Prepared for the 05-08-06 General Market Meeting. Outline of Presentation. High Level review of all charges and payments for the three days. (See “Rev E Q” spreadsheet.) Review OOM Capacity Settlement
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Settlement Information for Operating Days 04-16-06 thru 04-18-06 Prepared for the 05-08-06 General Market Meeting
Outline of Presentation • High Level review of all charges and payments for the three days. (See “Rev E Q” spreadsheet.) • Review OOM Capacity Settlement • Review Replacement Reserve Settlement • Payments to providers (section 6.8.1.10) • Under-schedule Charge (section 6.9.2.1.1) • Uplift Charge (section 6.9.2.1.2) • Questions
OOM Capacity Payment (Section 6.8.2.2) If a bid exists: PCOOMRPqui = -1* MIN [(BPRPqui * COOMRPui), (PSui + POui)] Other wise: PCOOMRPqui = -1 * (PSui + POui) If the unit is deemed to be On-line as described in 6.8.2.2(4), Then: PSui = 0 POui = SUM [(RCGMECc – MCPEjz) * MIN (MINCAPu/4, MRuj)]j If the unit is deemed to be Off-line as described in 6.8.2.2(2), Then: PSui = [RCGSCc – (SUMs(MCPEwz * MRuw))] / (# of instructed hours) POui = SUM [(RCGMECc – MCPEjz) * MIN (MINCAPu/4, MRuj)]j
Uplift Charge (Section 6.9.2.1.2) UCRPiq = -1 * (Σ (PCRPiq + LPCRPiq)q + Σ (USRPiq) + TCRPAYRPi + Σ (CSCRPiq)q,CSC) * LRSqi TCRPAYRPi = -1 * (Σ(TCRcsci ) * SPCSCi )CSC