New price bias adjustment factors posted for period between June and November 2016
April 21, 2016
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 June 2016 to November 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.