DA vs Virtuals Help (Physical Power noob question)
If I submit DA import offers and get picked up but don't flow power then I am settled against real-time.
Having virtuals lets you get the same exposure but you have to tag it differently I think.
Can someone pls help me with putting on DA and not flowing that vs putting on virtuals and how can I learn to tag virtual bids/offers (obviously will have to read the business practises manual for that but any other resource helps too).
I am comfortable flowing physical power hourly but have been given the responsibility to do DA and can ask for limits on virtuals. I would have felt stupid asking this question at work so wanted to give it a shot here. Looking to do this in MISO/NYISO/SPP.
Pls ask any follow ups if my explantation doesnt make sense. Thank you for your inputs.
Your question is all over the place, but if I’m reading it correctly.
You need the virt in the other pool as well. IE. Long MISO DA, short SPP DA, flow MISO to SPP, the RTs cancel each other out.
Interesting. Thanks, I think you answered my question.
So DA you only trade that node/hub. Say I am long Michigan hub in DA then I sell back that in rt and settle for the price difference if I haven't tagged that physically and move the power vs virts you need to have a pair trade so every long should be matched with a short to put a virtual on?
Is that correct or what you meant? Thanks again for your time. I really appreciate your help.
You want the interconnect point, or a point that historically has no basis risk from your source/sink. Ask your fellow RT guys man.
FERC violation waiting to happen.
ngl I am only scared of God and FERC
You are scared of God, FERC, and asking questions at work*
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