Electricity
Supplied and Submitted Volumes
23/01/20 16:56
Author: Malcolm Souness, Director, 221b Limited
Originally published 5 June 2019
Electricity industry participants (traders) in New Zealand are required to submit calendar normalised "submitted" energy volume (AV-080 for non half hour data, and AV-090 for half hour data), as well as the "supplied" (billed/invoiced) volume (AV-120). Refer: Reconciliation Manager Functional Specification v9.27. The normalised volumes are used for market settlement and clearance.
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Originally published 5 June 2019
Electricity industry participants (traders) in New Zealand are required to submit calendar normalised "submitted" energy volume (AV-080 for non half hour data, and AV-090 for half hour data), as well as the "supplied" (billed/invoiced) volume (AV-120). Refer: Reconciliation Manager Functional Specification v9.27. The normalised volumes are used for market settlement and clearance.
Read More…
NZ Electricity Reconciliation 101
21/01/20 23:16
Author: Malcolm Souness, Director, 221b Limited
A five minute overview of electricity volume reconciliation in the New Zealand electricity market
Why Volume Reconciliation
The purpose of electricity reconciliation is to ensure that generators and users of electricity are allocated the correct volume of energy for each half hour trading period. Payments from traders to generators are made on the basis of half hourly prices.
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A five minute overview of electricity volume reconciliation in the New Zealand electricity market
Why Volume Reconciliation
The purpose of electricity reconciliation is to ensure that generators and users of electricity are allocated the correct volume of energy for each half hour trading period. Payments from traders to generators are made on the basis of half hourly prices.
Read More…