(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 + North345 (HUBDF * ((RTHBP * hb, North345 hb, North345, y TLMP / (TLMP if HB y) y))))], North345≠0 RTSPP = RTSPPERCOT345Bus, if HB North345 North345=0 Where: RTRSVPOR = (RNWF * RTORPA y y) RTRDP = (RNWFy * RTORDPAy) / RNWF = TLMP TLMP y y y RTHBP = (HBDF * RTLMP hb, North345, y b, hb, North345 b, hb, North345, y) / HUBDF = IF(HB 0, 1 HB hb, North345 North345=0, North345) / HBDF = IF(B 0, 1 B b, hb, North345 hb, North345=0, hb, North345) The above variables are defined as follows: Variable Unit Description RTSPP $/MWh Real-Time Settlement Point Price North345 Real-Time Settlement Point PriceThe at the Hub, for the 15-minute Settlement Interval.
(4) The Real-Time Settlement Point Price of the Hub for a given 15-minute Settlement Interval is calculated as follows: RTSPP North345 = Max [-$251, (RTRSVPOR + RTRDP + (HUBDF hb, North345 * ((RTHBP hb, North345, y * TLMP y) / (TLMP y))))], if HB North345≠0 RTSPP North345 = RTSPPERCOT345Bus, if HB North345=0 Where: RTRSVPOR = (RNWF y * RTORPA y) RTRDP = (RNWFy * RTORDPAy) RNWF y = TLMP y / TLMP y RTHBP hb, North345, y = (HBDF b, hb, North345 * RTLMP b, hb, North345, y) HUBDF hb, North345 = IF(HB North345=0, 0, 1 / HB North345) HBDF b, hb, North345 = IF(B hb, North345=0, 0, 1 / B hb, North345) The above variables are defined as follows: Variable Unit Description RTSPP North345 $/MWh Real-Time Settlement Point PriceThe Real-Time Settlement Point Price at the Hub, for the 15-minute Settlement Interval.
868NPRR-03_PRS_Report_030818.docx