Hourly Bi-Lateral Contracts for December, 2013

This approach aims to allocate generation costs fairly among domestic consumers based on their volumes of consumption. The methodology involves three basic options for bilateral contracting: Full Pool, Partial Pool with Free Negotiation on a Monthly Basis, and Partial Pool with Free Negotiation on a Monthly and Daily Basis. Model 3, which involves Partial Pool with Free Negotiation on a Monthly and Daily Basis, is chosen as the base model. This approach is considered the most feasible and is designed to minimize generation costs for domestic consumers while allocating generation costs fairly among them. The methodology proposes two types of contracts for a planning month: Partial Pool (Full Matrix) and Free Negotiations. In the Partial Pool (Full Matrix) approach, selected generators are chosen by season, and all consumers participate in the contract. The main purpose of this contract is to minimize generation costs for domestic consumers and allocate generation costs fairly among them based on their volumes of consumption. In contrast, the Free Negotiations approach corresponds to the current practice but is proposed to be conducted on an hourly basis in the future. The methodology also outlines the process for creating bilateral contracts on a monthly basis. This involves selecting generators by season and including all consumers in the contract. The main purpose of this contract is to minimize generation costs for domestic consumers and allocate generation costs fairly among them based on their volumes of consumption. The methodology also discusses the concept of balancing mechanisms, which are used to determine deviations and responsibilities among market participants. The balancing mechanism is calculated as the difference between the actual regime and the sum of bilateral contracts, regardless of the sign of the deviation. The hourly bilateral contracting methodology is designed to be implemented using a combination of Excel models, GTMax, and a database. The methodology proposes the use of a partial pool (full matrix) approach, which involves selecting generators by season and including all consumers in the contract. This approach is designed to minimize generation costs for domestic consumers and allocate generation costs fairly among them based on their volumes of consumption. The methodology also outlines the process for creating daily bilateral agreements and balancing mechanisms. This involves using a combination of Excel models, GTMax, and a database to calculate the hourly bilateral contracts and balancing mechanisms. The methodology proposes the use of a partial pool (full matrix) approach, which involves selecting generators by season and including all consumers in the contract. The hourly bilateral contracting methodology is designed to be implemented using a combination of metering systems, AlfaCenter, and actual regime data. The methodology proposes the use of a partial pool (full matrix) approach, which involves selecting generators by season and including all consumers in the contract. This approach is designed to minimize generation costs for domestic consumers and allocate generation costs fairly among them based on their volumes of consumption. The methodology also outlines the process for determining deviations and responsibilities among market participants. This involves using a balancing mechanism, which is calculated as the difference between the actual regime and the sum of bilateral contracts, regardless of the sign of the deviation. The methodology proposes the use of a partial pool (full matrix) approach, which involves selecting generators by season and including all consumers in the contract. This approach is designed to minimize generation costs for domestic consumers and allocate generation costs fairly among them based on their volumes of consumption.