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Nodal Costs Update SEWG 12/12/2011. Jim Galvin. Settlement Observations- Load Zone to Hub Oct/Nov 2011. Cost to Serve Load- Nov 2011 v 2010. Settlement Observations- Price and Cost to Serve Load June. Cost to Serve Load Oct 2011- ~$0.60 increase driven by Non-Spin ($0.16) and RENA ($0.42)
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Nodal Costs UpdateSEWG 12/12/2011 Jim Galvin
Settlement Observations- Load Zone to Hub Oct/Nov 2011 Meeting Title (optional)
Settlement Observations- Price and Cost to Serve Load June • Cost to Serve Load Oct 2011- • ~$0.60 increase driven by Non-Spin ($0.16) and RENA ($0.42) • RTSPP Analysis Oct 2011- • Milder weather led to prices averaging at “normal” levels • Count of high price intervals (North Zone) • Greater than $500- 5 • Greater than $1,000- 5 • Greater than $100- 27 • Less than $18- 366 • West Zone: Less than $18- 1,154
Settlement Observations- Other Observations • Base Point Deviation credits back to market estimated at $0.28 M, $0.01 /Mwh benefit to load • Revenue Neutrality Adjustment $0.47 /Mwh charge to load • RUC continues to be assigned to entities short to the market • RUC Uplift is negligible • Total RUC Cost for Oct estimated to be $3.8 M • Congestion Balancing Account clearing for October $3.2 M, up $0.5 M from September • Congestion rents are over-collected
Questions? Meeting Title (optional)