Page 13 - annual report 1402
P. 13
Power Market
Annual Report 13
1402
The trade between sellers and buyers is facilitated through a spot market
where the output from all generators is aggregated and instantaneously
scheduled to meet demand. Moreover, operation of the transmission grid
and power plants are coordinated through a central dispatch process.
Orders in Spot Market
Up to 10 AM, sellers are required to submit their available capacity as
well as their energy price curve for each hour of the next day. Energy
price curves need to be defined with at most 20 (volume, price) steps.
The minimum price is 0 Rial/MWh and the maximum price is defined peri-
