Page 5 - Electricity Market Annual Report 2019-2020
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4 Electricity Market Annual Report 2019-2020      5
                                                   6
                         Contents                  7
                                                   8
Preface										                                  9
Executive Summary						                            10
Introduction										                             10
IREMA										                                    11
Spot Market										                              11
Orders in Spot Market								                      11
Settlement										                               11
Payments to Sellers									                       11
Capacity Payment									                          11
Energy Payment (Market Based)							               12
Ancillary Services									                        13
Transmission Service								                       14
Buyer’s Bill										                             15
Currency										                                 16
Spot Market Summary Statistics							              17
Generation										                               17
Import										                                   18
Total Energy Traded in Spot Market						           18
Accepted Bids in Spot Market							                19
Annual Transaction Volume in Spot Market					      19
Ancillary Services									                        21
Electricity Purchase Price								                 21
Fuel Consumption									                          22
Transmission Cost									                         23
Load Duration Curve								                        23
Share of Energy Supply by Trade Method					        24
Transaction Volume by Buyers in the Spot Market		
Total Cost of Load Serving							
Average Electricity Sale Price							
Transmission Service
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