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SASM AS Offers Jeff Gilbertson Market Analyst QSE Managers Working Group 7/1/2013

SASM AS Offers Jeff Gilbertson Market Analyst QSE Managers Working Group 7/1/2013. SASM Clearing History - 2013. Observations. Per hour, requirement typically < 50 MW SASMs in February, March, and April with zero awards. SASM AS Offers. SASM AS Offers. Adjustment Period.

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SASM AS Offers Jeff Gilbertson Market Analyst QSE Managers Working Group 7/1/2013

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  1. SASM AS Offers Jeff Gilbertson Market Analyst QSE Managers Working Group 7/1/2013

  2. SASM Clearing History - 2013 Observations • Per hour, requirement typically < 50 MW • SASMs in February, March, and April with zero awards

  3. SASM AS Offers

  4. SASM AS Offers Adjustment Period Expiring AS Offers DAM DAM Awards

  5. SASM AS Offers

  6. SASM AS Offers Observations • Most AS Offers expire or are canceled by the start of the Adjustment Period • Until recently, often there were zero AS Offers for Regulation Up/Down(just Regulation Up since mid-May) Charge for Failure to Provide • Max(MCPC)m * FQ • FQ = Failure Quantity m = DAM and all SASM markets for that hour • Charge applies regardless of SASM execution or SASM award quantity

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