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ERCOT Houston 345kV Physical Off-Peak Fixed Price27978264

ERCOT Houston 345kV Physical Off-Peak Fixed Price


Firm Energy with Liquidated Damages. Fixed-price Physical ERCOT Monthly Power delivered at a specified ERCOT location

Market Specifications

Trading Screen Product Name
Firm-LD Off-Peak
Trading Screen Hub Name
ERCOT Houston 345kV Hub Off-Peak
Contract Symbol
Contract Size
50 MW per hour
US $ and cents per MWH
Minimum Price Fluctuation
$0.01 per MWh
Listing Cycle
Up to 72 consecutive monthly Contract Periods
All off-peak hours for the applicable strip length referenced by the market for hours ending 0100-0600, 2300 and 2400 on business days and for hours ending 0100-2400 on weekends and NERC holidays in the central ("CPT") prevailing time zone.
Last Trading Day
The second to last business day of the month prior to the delivery month.
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.
Payment Dates
Payment due on the 20th of the month following the Delivery Period by wire transfer of Federal Funds, unless otherwise stated by a master agreement between the Buyer and Seller.
MIC Code
Clearing Venues