Section T: Settlement and Trading Charges
Section T sets out how Trading Charges for each Trading Party and the NETSO are determined; the data required in order to calculate the Trading Charges; and the processes undertaken by the Settlement Administration Agent (SAA) in connection with the determination of the Trading Charges.
Documents
Section T simple guide
Content list
- Obligation and Entitlement of Parties
- Data Requirements
- Provision of Market Index Data
- Loss of Load Probability Calculation Statement
- Single Imbalance Price
- Delivering and Offtaking Trading Units
- Transmission Loss Factors
- Determination of Transmission Loss Multipliers
- Conversion of Data Received from the NETSO
- Continuous Acceptance Duration
- Price Average Reference
- Establishment of Final Physical Notification (FPN)
- Establishment of Bid-Offer Upper Range and Bid-Offer Lower
- Determination of Period BM Unit Offer Cashflow and Period BM Unit Bid Cashflow
- Determination of Period BM Unit Cashflow
- Determination of Total System BM Cashflow and Daily Party BM Unit
- Determination of Reserve Scarcity Price
- Determination of System and Balancing Demand Control Volumes
- Determination of Residual Cashflow Allocations
- Submission of Settlement Data
- Annex T-1: Final Ranked Set of System Actions