Index Linked Contracted Energy Volume

Index Linked Contract can be used by National Grid ESO to meet the voltage requirement. The contract is normally enacted in the morning ahead of the power exchange auction. The generator will get paid based on the agreed strike price. The generator will also be compensated if the generation spread is negative, if positive, the positive spread will be deducted from the strike price. As the generation spread is calculated based on the outturn market indices, so the name of index linked contract.

Data and Resources

Additional Info

Field Value
Source National Grid Electricity System Operator
Version
Author National Grid Electricity System Operator
Author Email National Grid Electricity System Operator
Maintainer
Maintainer Email
Shared (this field will be removed in the future) Open
IB1 Sensitivity Class
IB1 Trust Framework
IB1 Dataset Assurance
IB1 Trust Framework
Status Live
harvest_object_id 8e8f5436-6ae7-44d9-9cf4-c6427e1b00d1
harvest_source_id 916f7f66-3a3b-43e9-afc0-85d31134d7b3
harvest_source_title National Grid ESO
ib1_trust_framework []