Glossary
P074 – Single Cost Reflective Cash Out Price
Formal title: Single Cost Reflective Cash Out Price
Current Status
Submission
Initial Written Assessment
Assessment Procedure
Report Phase
With Authority
Awaiting Implementation
Implemented
Summary
Where Total System Energy Imbalance Volume (TQEIj) is positive then all Account Energy Imbalances will be settled at the prevailing System Sell Price. Where Total System Energy Imbalance is negative then all Account Energy Imbalances will be settled at the prevailing System Buy Price. In the unlikely event that Total System Energy Imbalance Volume is zero, and then the default Settlement Price will be the arithmetic mean System Buy Price and System Sell Price.
Progression
The Authority rejected both the Proposed and Alternative Modifications on 9 September 2002.