What happens if during one hour the Syldavia Aluminum Company consumes only 100 MWh and the pool price is 13 $/MWh?
The rules of the Syldavian electricity market stipulate that all participants must trade energy exclusively through the Power Pool. However, the Syldavia Aluminum Company (SALCo) and the Northern Syldavia Power Company (NSPCo) have signed a contract for difference for the delivery of 200 MW on a continuous basis at a strike price of 16 $/MWh. … Read more