November RENA Market Analysis and Validation Summary
"Explore the monthly RENA data for November 2022, covering total RENA figures, daily trends, estimated DAM oversold amounts, and specific observations on certain dates. Gain insights into the impact of PTP options and more."
Download Presentation
Please find below an Image/Link to download the presentation.
The content on the website is provided AS IS for your information and personal use only. It may not be sold, licensed, or shared on other websites without obtaining consent from the author. If you encounter any issues during the download, it is possible that the publisher has removed the file from their server.
You are allowed to download the files provided on this website for personal or commercial use, subject to the condition that they are used lawfully. All files are the property of their respective owners.
The content on the website is provided AS IS for your information and personal use only. It may not be sold, licensed, or shared on other websites without obtaining consent from the author.
E N D
Presentation Transcript
Review of November RENA Market Analysis and Validation CMWG Feb 13th, 2023
Monthly Sum of RENA Monthly RENA 30 Millions 20 10 0 -10 -20 -30 -40 -50 -60 2020_11 2021_2 2021_5 2021_8 2021_11 2022_2 2022_5 2022_8 2022_11 2 PUBLIC
Daily RENA with RT Congestion The total RENA in November was $10.8M, while the total SCED congestion rent was around $164.2M. Daily RENA vs RT Congestion Rent 2.5 25 Millions Millions 2.0 20 1.5 15 1.0 10 0.5 5 0.0 0 -0.5 -5 11/1/2022 11/6/2022 11/11/2022 11/16/2022 11/21/2022 11/26/2022 Sum of RT Congestion Rent RENA 3 PUBLIC
Daily RENA and estimated DAM oversold The total estimated DAM oversold amount in November was around $28.8M. Estimated DAM oversold vs RENA 2.5 Millions 2 1.5 1 0.5 0 -0.5 11/1/2022 11/6/2022 11/11/2022 11/16/2022 11/21/2022 11/26/2022 Sum of oversold RENA 4 PUBLIC
OD 11/19/2022 About $2.3M RENA was observed on OD 11/19. Most of the RENA was related to the DAM oversold on two RT constraints There was about $1M DAM oversold on the RT constraint EASTEX GTC and $1.8M oversold on SLOBSA25: CATARI_PILONC1_1. The oversold of these constraints was mostly related to GTC limit difference in DAM and RTM and PST Tap position differences between DAM and RTM, respectively 5 PUBLIC
OD 11/20/2022 11/21/2022 About $1.3M RENA was observed on OD 11/20 and $1M RENA observed on 11/21 RENA for both days was mostly related to the oversold EASTEX GTC constraint, with $0.9M oversold on 11/20 and $0.5M oversold on 11/21. The oversold of EASTEX constraint was related to GTC limit difference in DAM and RTM 6 PUBLIC
Summary The total monthly RENA observed in November 2022 was around $10.8M. The high RENA in November was observed on OD 11/19 with $2.3M, which was mostly related to the DAM oversold on two RT constraints The impact from PTP w/links to options was $2.5M in November 7 PUBLIC
October CRR Balance Account Daily CRR value vs DAM congestion Rent 14.0 Millions 12.0 10.0 8.0 6.0 4.0 2.0 0.0 11/1/2022 11/6/2022 11/11/2022 11/16/2022 11/21/2022 11/26/2022 Payment/Charge to CRRAH DACONGRENT Daily Credit/Charge to CRR Balancing Account 2.0 Millions 1.5 1.0 0.5 0.0 -0.5 -1.0 11/1/2022 11/6/2022 11/11/2022 11/16/2022 11/21/2022 11/26/2022 8 PUBLIC
