ERCOT North Load Zone HE 0100-0600, 2300, 2400, 7x72044731
ICE OTC
ERCOT North Load Zone HE 0100-0600, 2300, 2400, 7x
Description
Firm Energy with Liquidated Damages. Fixed-price Physical ERCOT Monthly Power Future delivered at a specified ERCOT location
Market Specifications
- Trading Screen Product Name
- Firm-LD Off-Peak
- Trading Screen Hub Name
- ERCOT North LZ HE 0100-0600, 2300, 2400, 7x
- Contract Symbol
- YGN
- Contract Size
- 50 MW per hour
- Currency
- US $ and cents per MWH
- Minimum Price Fluctuation
- $0.01 per MWh
- Listing Cycle
- Up to 62 consecutive monthly contract periods
- Last Trading Day
- The last business day of the previous month
- Schedule
- All off-peak hours for the applicable strip length referenced by the market for hours ending 0100-0600, 2300 and 2400 on all seven days in the central ("CPT") prevailing time zone.
- Daily Settlement
- Daily settlement will be determined by NGX using price data from a number of sources including spot, forward and derivative markets for both physical and financial products.
- Final Settlement
- Final settlement will be determined by the actual fixed price entered into at the time of the transaction.
- MIC Code
- IEPA
- Clearing Venues
- NGXC
Related Products
Codes
- Clearing Admin Name
- ERCOT Spot
- Physical
- YGN
- Logical
- YGN
- GMI (FC)
- ION A.C.N.
- Symbol Code
- YGN