Locational Price Risk Technical Group
The Locational Price Risk Technical Group (LPRTG) primarily provided specialist and technical advice to the Authority in relation to the detailed design and operation of selected hedge mechanisms for managing locational price risk.
The group also provided advice on:
- the current constraint methodologies used to calculate spot prices and on their effects (for example, spring washer effects)
- the outputs from other Authority workstreams that interrelate with managing locational price risk.