RE: Dec Bidding Strategy

Thanks for the information Heather. This looks good and useful.
Would you have any information on what tools we used to settle? Or was it all a manual process?

B

-----Original Message-----
From: Dunton, Heather
Sent: Thursday, June 14, 2001 10:57 AM
To: Williams III, Bill; Foster, Chris H.
Subject: Dec Bidding Strategy

Bill and Chris - this is what I remember as to settlements with the DEC bidding strategy.
Let me know if I can be of further assistance.

-Heather

Delano will schedule into the Day Ahead market and make a sale at the PX index price. Real Time submits dec bids in the Suplemental Energy Market for any hours when they believe there is a good chance of being dec'd at a 0 price (the pprice you bid may be different than 0 to establish ouselves in the ISO Merit order - ). Real Time makes 50% of the difference between the day ahead PX and the dec price (in this case 0).