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ICE OTC

ERCOT North Load Zone Off-Peak Weekend HE 0700-2200 Fixed Price

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 South LZ Off-Peak Wknd
Contract Symbol
YGI
Contract Size
50 MW per hour
Currency
US $ and cents per MWH
Minimum Price Fluctuation
$0.01 per MWh
Listing Cycle
Up to 24 consecutive monthly Contract Periods
Schedule
All off-peak hours for the applicable strip length referenced by the market for hours ending 0700-2200 in the central ("CPT") prevailing time zone, for Saturday, Sunday and NERC holidays.
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