1 / 5

MCE for Traders CWG/MCWG ERCOT Public October 30 2013

MCE for Traders CWG/MCWG ERCOT Public October 30 2013. MCE for Traders. At its September 25, 2013 meeting CWG/MCWG requested ERCOT staff to return with a proposal for financial MCE for non-load/generation Counter-Parties.

nona
Download Presentation

MCE for Traders CWG/MCWG ERCOT Public October 30 2013

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. MCE for Traders CWG/MCWG ERCOT Public October 30 2013

  2. MCE for Traders At its September 25, 2013 meeting CWG/MCWG requested ERCOT staff to return with a proposal for financial MCE for non-load/generation Counter-Parties. MCE = Max[ { [[[L o, i, d, k * T2- G o, i, d, k * (1-NUCADJ o) * T3] * RTSPP i, d, k*SAF] + [RTQQNETES o, i, d, k* T1]]/n}, {[G o, i, d, k * NUCADJ o * T1 * RTSPPidk*SAF]/n}, { DARTNETo, i, d, k * T4/n}, IMCE] ERCOT Public

  3. MCE for Traders ERCOT Public

  4. MCE for Traders • With the current $5,000 price cap, the IMCE would equal: • 50MW nq* 9% cif * $5,000 = $22,500 • When the cap increases to $9,000 this would increase to $40,500.

  5. Questions ERCOT Public

More Related