$600, respectively. Assuming that the GHG compliance revenue is distributed to the optimal export allocations, the settlement is as follows: Resource Energy GHG Total Energy GHG Total Cost Compliance Cost Payment Compliance Payment Cost Payment G1 $5,000 - $5,000 $5,000 - $5,000 G2 $0 $0 $0 $0 $0 $0 G3 $4,200 $600 $4,800 $4,200 $600 $4,800 L1 –$10,000 L2 –$1,400 Congestion $1,600 Revenue GHG $600 Compliance Revenue It can be seen in the settlement results above that the total payment to each generator is sufficient to cover the respective energy and GHG allowance costs. Example 3 This is a variation on the second example where the available maximum capacity of G3 is reduced to 75MW in addition to reduced bid price of $28/MWh as in Example 2. In this case, G2 is dispatched to make up for the remaining 75MW and the optimal dispatch and export allocation are as follows: Resource Dispatch Export LMP (MW) Allocation ($/MWh) (MW) G1 100 - 50 G2 75 75 29 G3 75 25 29 L1 200 - 50
$600, respectively. Assuming that the GHG compliance revenue is distributed to the optimal export allocations, the settlement is as follows: Resource Energy Cost GHG Compliance Cost Total Cost Energy Payment GHG Compliance Payment Total Payment G1 $5,000 - $5,000 $5,000 - $5,000 G2 $0 $0 $0 $0 $0 $0 G3 $4,200 $600 $4,800 $4,200 $600 $4,800 L1 –$10,000 L2 –$1,400 Congestion Revenue $1,600 GHG Compliance Revenue $600 It can be seen in the settlement results above that the total payment to each generator is sufficient to cover the respective energy and GHG allowance costs. Example 3 This is a variation on the second example where the available maximum capacity of G3 is reduced to 75MW in addition to reduced bid price of $28/MWh as in Example 2. In this case, G2 is dispatched to make up for the remaining 75MW and the optimal dispatch and export allocation are as follows: Resource Dispatch (MW) Export Allocation (MW) LMP ($/MWh) G1 100 - 50 G2 75 75 29 G3 75 25 29 L1 200 - 50
BPM_for_Energy%20Imbalance%20Market_V9.docx