Download Power Exchange Code User Guide Draft

Summary Description of Power Exchange Code
Figure5.2: Contents of Schedule B of Power Exchange Code
B. I.
B. II.
B. III.
B. IV.
B. V.
B. VI.
B. VII.
B. VIII.
B. IX.
B. X.
B. XI.
B. XII.
B. XIII.
B. XIV.
B. XV.
B. XVI.
B. XVII.
B. XVIII.
B. XIX.
B. XX.
B. XXI.
B. XXII.
B. XXIII.
5.4.
Conventions
Responsibility for Energy Metering
Other Registration Information and HTSO Responsibilities
Offers, Load and Price Forecasting, Scheduling and Dispatch
Special Provisions Relating to International Trade
HTSO Settlement Responsibilities
Settlement Timeline
Settlement Variables
Determination of Loss Factors
Determination of Meter Quantities
Determination of Day-Ahead Quantities
Determination of System Marginal Prices
Determination of Energy Charges and Energy Payments
Determination of Constrained-On and Off Payments
Ancillary Services
Other Charges and Payments
Determination of Uplift Charges
Settlement of Transmission Charges
Settlement Statements
Invoices
Compliance
Suspension of Procedures
Information Management
Schedules C and D
Schedule C sets out the form of a Person’s address and contact details. These details are
used whenever any notice or communication is given from one Person to another Person in
relation to matters concerning the Power Exchange Code.
Schedule D sets out the amount and means by which a Person shall provide security for its
financial obligations under the Power Exchange Code. The security can either take the form
of a letter of credit or a cash deposit and the amount secured is determined by HTSO on the
basis of its estimate of a Person’s net value of charges owed by that person to HTSO in
respect of the Power Exchange Code over the next 2 calendar months.
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