Part H - archive
Part H provided for: the process for setting and administering prudential requirements of payers; the processes for the settlement of ex post balances in relation to the sale and purchase of electricity and ancillary services under the rules; how contracts for the sale and purchase of electricity were to be formed, the payments to the clearing manager for electricity purchased by purchasers and the payments from the clearing manager to generators for their supply of electricity; payments to the clearing manager for ancillary services purchased by payers and payments from the clearing manager to ancillary service agents for their supply of ancillary services and payments from the clearing manager to the System Operators for ancillary services administrative costs; and further payments that may have been received or paid by the clearing manager, such as the settlement of hedge settlement agreements lodged with the clearing manager.
Part H Clearing and settlement
This page is related to: Rules and Regulations.
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