Payments and Charges for PTP Obligations Settled in Real-Time Description ERCOT shall pay or charge the QSE of each PTP Obligation acquired in the DAM the difference in Real-Time Settlement Point Prices between the sink Settlement Point and the source Settlement Point. The payment or charge to each QSE for a given Operating Hour of its cleared PTP obligations with each pair of source and sink Settlement Points is calculated as follows: Calculation Unit Description Interval Source Variable Frequency RTOBLAMT q, (j, k) $ payment or charge to QSE 1 / Hour Calculated Yes Real-Time Obligation Amount per QSE per pair of source and sink—The q for its PTP Obligations with the source and the sink settled in Real-Time, for the hour. j k RTOBLPR (j, k) $/MW Real-Time price of the PTP Obligation, for the hour. 1 / Hour Calculated Yes Real-Time Obligation per hour RTSPP j, i $/MWh Real-Time Settlement Point Price at the 4 / Hour No Real-Time Settlement Point Price at source per interval—The source for the 15-minute Settlement Interval j i. k, i $/MWh Real-Time Settlement Point Price at the 4 / Hour No Real-Time Settlement Price at sink per interval—The sink for the 15-minute Settlement Interval k i. RTOBL q, (j, k) MW number of QSE PTP Obligations 1 / Hour Yes Real-Time Obligation per QSE per pair of source and sink—The q’s for the source and the sink settled in Real-Time for the hour. j k $ net total payment or charge to QSE of all 1 / Hour Calculated Yes Real-Time Obligation Amount QSE Total per QSE—The q q its PTP Obligations settled in Real-Time, for the hour. Payments and Charges for PTP Obligations Settled in Real-Time in the Event the DAM is not Executed
Payments and Charges for PTP Obligations Settled in Real-Time Description ERCOT shall pay or charge the QSE of each PTP Obligation acquired in the DAM the difference in Real-Time Settlement Point Prices between the sink Settlement Point and the source Settlement Point. The payment or charge to each QSE for a given Operating Hour of its cleared PTP obligations with each pair of source and sink Settlement Points is calculated as follows: Calculation Variable Unit Description Interval Frequency Source RTOBLAMT q, (j, k) $ Real-Time Obligation Amount per QSE per pair of source and sink—The payment or charge to QSE q for its PTP Obligations with the source j and the sink k settled in Real-Time, for the hour. 1 / Hour Calculated Yes RTOBLPR (j, k) $/MW per hour Real-Time Obligation Real-Time price of the PTP Obligation, for the hour. 1 / Hour Calculated Yes RTSPP j, i $/MWh Real-Time Settlement Point Price at source per interval—The Real-Time Settlement Point Price at the source j for the 15-minute Settlement Interval i. 4 / Hour No k, i $/MWh Real-Time Settlement Price at sink per interval—The Real-Time Settlement Point Price at the sink k for the 15-minute Settlement Interval i. 4 / Hour No RTOBL q, (j, k) MW Real-Time Obligation per QSE per pair of source and sink—The number of QSE q’s PTP Obligations for the source j and the sink k settled in Real-Time for the hour. 1 / Hour Yes q $ Real-Time Obligation Amount QSE Total per QSE—The net total payment or charge to QSE q of all its PTP Obligations settled in Real-Time, for the hour. 1 / Hour Calculated Yes Payments and Charges for PTP Obligations Settled in Real-Time in the Event the DAM is not Executed
Nodal_Settlements_Handbook.docx