ELECTRICITY MARKET

A

Total Futures Electricity Market Collateral

Total Futures Electricity Market Coverage (TVEPT);

  • Entry Collateral (GT)
  • Contract Collateral (KT)
  • Physical Delivery Collateral (FTT)
  • Net Loss (NZ)
  • Mark to Market Collateral (TPgGT)
  • Perfect Spread Position Collateral Discount (TYPTI)
  • Inter-Delivery Spread Position Collateral Discount (VAYTİ)

TVEPT within the scope of the forward electricity market:

TVEPT = [ GT + KT + FTT + |NZ| + TPgGT – ( TYPTİ + VAYTİ ) ] x t

calculated according to the formula. The total futures electricity market collateral that a market participant is obliged to present cannot be less than the entry collateral.

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