P010 – Eliminating Imbalance Price Spikes Caused By Truncating Effects.
Formal title: Eliminating Imbalance Price Spikes Caused By Truncating Effects.
Current Status
Summary
Modification of the SBP and SSP calculations to remove price spikes caused by spurious Bid/Offer Acceptances registered by the settlement software as a result of truncating National Grid instructions to a whole number of minutes or an integer volume of megawatts.
Progression
The Authority approved the Alternative Modification on 11 May 2001.