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Part 13 Trading arrangements

Part 13 provides for processes by which: purchasers and generators submit and revise bids and offers for electricity, grid owners submit and revise information, anciallary service agents submit reserve offers and the System Operator collects information; the System Operator prepares the pre-dispatch schedules, prepares and implements the dispatch schedules and prepares and publishes forecast prices, forecast reserve prices, dispatch prices and real time prices; the clearing manager holds must-run dispatch auctions; the pricing manager collects data and produces provisional prices and final prices; generators apply for approval from the Authority Board to have co-generator status; and information about risk management contracts is disclosed.

Part 13 includes:

• Subpart 1 - Bids and offers
• Subpart 2 - Scheduling and dispatch
• Subpart 3 - Must-run dispatch auction
• Subpart 4 - Pricing
• Subpart 5 - Hedge arrangement disclosure
• Subpart 5A - Spot price risk disclosure
• Subpart 6 - Financial transmission rights 
• Schedule 13.1 - Forms
• Schedule 13.2 - Model parameters
• Schedule 13.3 - Schedule of prices and quantities
• Schedule 13.4 - Approval of industrial co-generating stations
• Schedule 13.5 - Requirements for FTR allocation plan
• Schedule 13.6 - Assignment of FTR
• Schedule 13.7 - Methodology for determining conforming and non-conforming GXPs 

This page is related to: Code & Regulations.

Back to top Last updated on 9 May 2013