Review of price separation during HVDC reversal
Following the introduction of the new market system project (MSP) by the system operator in mid 2009, the modelling practice for the HVDC in the final pricing schedule has changed.
Stage: II (Review) | Status: Complete | Date commenced: 29/08/2011 |
The new practice is to apply to the dispatch schedule, a maximum constraint of 0 to pole 1 or pole 2 when either pole is scheduled to operate below its minimum operating level in real time. If the constraints occur across a trading period boundary, it is also applied to the final pricing schedule.
This report analyses the possible impacts of the current practice on final prices and financial transmission rights.
Review of price separation during HVDC reversal
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HVDC Review
Last updated: 27 June 2015