(4) The Real-Time Settlement Point Price of the Hub for a given 15-minute Settlement Interval is calculated as follows: RTSPP = Max [-$251, (RTRSVPOR + RTRDP + Houston345 (HUBDF * ((RTHBP * hb, Houston345 hb, Houston345, y TLMP / (TLMP if HB y) y))))], Houston345≠0 RTSPP = RTSPPERCOT345Bus, if HB Houston345 Houston345=0 Where: RTRSVPOR = (RNWF * RTORPA y y) RTRDP = (RNWFy * RTORDPAy) / RNWF = TLMP TLMP y y y RTHBP = (HBDF * RTLMP hb, Houston345, y b, hb, Houston345 b, hb, Houston345, y)
(4) The Real-Time Settlement Point Price of the Hub for a given 15-minute Settlement Interval is calculated as follows: RTSPP Houston345 = Max [-$251, (RTRSVPOR + RTRDP + (HUBDF hb, Houston345 * ((RTHBP hb, Houston345, y * TLMP y) / (TLMP y))))], if HB Houston345≠0 RTSPP Houston345 = RTSPPERCOT345Bus, if HB Houston345=0 Where: RTRSVPOR = (RNWF y * RTORPA y) RTRDP = (RNWFy * RTORDPAy) RNWF y = TLMP y / TLMP y RTHBP hb, Houston345, y = (HBDF b, hb, Houston345 * RTLMP b, hb, Houston345, y)
868NPRR-05_Board_Report_041018.docx