ELECTRICITY MARKET

A

GOGI Collateral

  • It is calculated if the total purchase amount is more than the total sales amount on a daily basis in the day ahead and intraday markets.
  • It is determined separately for both markets. The last “k” days with non-zero commercial transaction confirmation in the day ahead market and intraday market of the market participant in the last 30 days are taken into account.
  • The net debt amount is calculated by using the total purchase and sale amounts for the same days in which the two markets are traded. If transactions are made on different days, the net debt amount is found by using the total purchase and sale amounts in the market.
  • In the GOGI collateral account, the number of “k” days is one more than the number of holidays for holidays longer than two days. Apart from this, the number of “k” days in the risk period is 3 (three). For holidays longer than two days, 75% of the calculated amount is requested in the margin call notification before the holiday, and 100% is requested in the margin call notification after the holiday.

 

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