Reserves Parameters

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Purpose

To enter the Reserves Parameters for your Forecast Definition.

NOTE: The Panel is only visible when the Model Reserves Check Box is checked in the Forecast Definition Window.

Components

Component Purpose
Parameter Type Buttons
Selects the Reserve Parameter type for which data will be loaded into the Parameter Data Grid for editing
Parameter Data Grid
Displays the information related to the selected Reserve Requirements Parameter


There are two generic types of Reserves Settings:

  1. Forecast-based (fixed for the entire Forecast Effective Date Range)
  2. Period-based (Variable by Trading period)


Forecast-based Reserve Requirements

Item Description
Risk Unit
The Reserve Requirement Risk Unit List identifies those Units considered to be capable of setting the risk in any Trading Period in the Forecast.
WARNING! Units not included in this list will not be considered when deciding which Units are setting risk in a dispatch period.

Period-based Reserve Requirements

Item Description
DC FR offset NI
North Island DC Fast Reserve Risk Offset
DC SR Offset NI
North Island DC Sustained Reserve Risk Offset
DC FR Offset SI
South Island DC Fast Reserve Risk Offset
DC SR Offset SI
South Island DC Sustained Reserve Risk Offset
AC FR Offset NI
North Island AC Fast Reserve Risk Offset
AC SR Offset NI
North Island AC Sustained Reserve Risk Offset
AC FR Offset SI
South Island AC Fast Reserve Risk Offset
AC SR Offset SI
South Island AC Sustained Reserve Risk Offset
Base FR Risk NI
North Island Base (Manual) Fast Reserve Risk
Base SR Risk NI
North Island Base (Manual) Sustained Reserve Risk

Individual values for Periodic Parameters can be entered in the Data Grid for any Trading Period in the Forecast Weekly Profile.

NOTE: All Period-based Reserves Settings can be loaded from your in-houses databases if they are stored there.


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