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CSWG Nodal Market Statistics 3/18/2013. Jim Galvin. Settlement Observations- LZ to Hub Feb 2013 to Feb 2012. Cost to Serve Load- Feb 2013-2012. Feb 5 DAM for Feb 6. On February 5, 2013, DAM published $3,000 prices each for RegUp, RRS, and Non-Spin, for February 6, Hour 1
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CSWG Nodal Market Statistics3/18/2013 Jim Galvin
Settlement Observations- LZ to Hub Feb 2013 to Feb 2012 Meeting Title (optional)
Feb 5 DAM for Feb 6 • On February 5, 2013, DAM published $3,000 prices each for RegUp, RRS, and Non-Spin, for February 6, Hour 1 • An offline non-spin offer at $3,000 was struck for 4.4 MW. • Less Non-Spin was available to the meet the AS requirement in Hour 1 than is typical. • This also set the price for RegUp and RRS (more discussion next) • Energy prices were in normal range • While the prices were unusual, our investigation found that the DAM behaved as designed and there was no cause for correction
Price Volatility Feb 2013 • Market prices continue to trend low due to mild weather and natural gas prices • Uplift charges and RUC charges negligible • One day of price movement for the DAM for Ancillary Services creates a significant increase in Cost to Serve Load • Real Time price volatility • NHUB greater than $100 in 12 intervals, greater than $500 in 2 intervals, max price $585.64 • WHUB 126 intervals were prices were less than $0
Questions? Meeting Title (optional)