New price bias adjustment factors posted for period between December 2015 and May 2016
October 22, 2015
The price bias adjustment factors used to calculate day-ahead and real-time intertie transaction failure charges have been updated. They are available at Price Bias Adjustment Factor.
The new factors apply from December 2015 to May 2016. Failure charges are applied when market participants do not have bona fide and legitimate reasons for not successfully completing import, or export transactions either individually or as part of a linked wheel transaction.