Page 19 - IGMC-2017
P. 19

Figure.7Main specifications of day-ahead electricity market
                                 Figure.7MaFingusrpe.e7cMifaicinatsipoencsifiocaf tdioanys-aohf deaayd-aehleacdtreicleitcytrmiciatyrkmeatrket

           Bilateral contracts
Bilateral contracts

                            Figure.8 Main specifications of Bilateral Contracts

approveBdubyyertsheansdystseemllerospFieagruraerteo.a8ru,MttFhhaigoienuryrisezp.ae8erdMceifatificonraestetpioreantcoidsfieconaftebiBogiinlloaastttoieeafrrBtaaeilllaClaytoeb.rnaotAlruCalttochnttsothrauecgtsphritchees  trades need to be
                                                                                                                                                                                                                         and quantities. It is

Bureymerasrkabnlde tsheallterms oastreofauththesoerizteraddetso atrreadbeasebdilaotnerlaolnlyg. tAelrtmhocuognhtrathctes. tFriagd.8esgivneesedthetombaein
approvedspbeycitfhiceatsioynstseomf boilpateerraatlocro,ntthraecytsainrethfereIEeMto. negotiate about the prices and quantities. It is

remarkable that most of these trades are based on long term contracts. Fig.8 gives the main

Bilateral contractsspecifications of bilateral contracts in the IEM.

Buyers and sellers are authorized to trade bilaterally. Although the trades need to be
approved by the system operator, they are free to negotiate about the prices
and quantities. It is remarkable that most of these trades do based on
long term contracts. Fig.8 gives the main specifications of bilateral
contracts in the IEM.

           Energy exchange                                                                                                                                                                                                                         17
Energy exchange
                                                                                                                                                                                                                         IRAN GRID MANAGEMENT Co.
   14   15   16   17   18   19   20   21   22   23   24