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1. How can I access current index prices?
PJM Interconnection publishes index prices on its web site. Go to
http://www.pjm.com/markets/energy-market/energy.html
2. How is the nodal price determined?
Nodal pricing is a method of? determining prices in which market clearing
prices are calculated for a number of locations on the transmission grid called
nodes. Each node represents the physical location on the transmission system
where energy is injected by generators or withdrawn by loads. The price at each
node represents the location value of energy, which includes the cost of the
energy and the cost of delivering it.
3. What is the difference between the real-time and the day-ahead
markets?
Suppliers can purchase power from the day ahead market to meet the following
day's forecasted usage. The real-time market is a balancing market where
generators bid on excess demand intraday. An energy consumer on the real-time
index will pay a different rate each interval based on the winning bid. GDF SUEZ
Energy Resources NA offers index products based on both the real-time or the
day ahead markets.
4. Should I choose an index based energy contract?
Contact your account manager at GDF SUEZ Energy Resources NA to discuss the pros and
cons of index based pricing. Each customer has different needs and levels of
risk tolerance. A well-informed account manager can help you to determine the
product option that is best for you.
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