Gemini Contingency Guidelines

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Presentation transcript:

Gemini Contingency Guidelines Auction Timelines v0.1

Agenda QSEC AMSEC RMTTSEC Short Term Auction Process Buyback Process

QSEC D-21 D D+14 D+60 D+74 QSEC Auction: Annual Unsold & Incremental Capacity 15 years (Y+2 – Y+16) Invitation letter sent at D-28 D-21 D D+14 D+60 D+74 Gemini Set Up 10 Day Bid Window Allocate in Gemini Offline Analysis Business Days Publish Risk Profile: Gemini Incident H M L

AMSEC D D+3 D+6 D+9 D-14 D+1 D+4 D+7 D+10 AMSEC Auction: Annual Unsold Capacity 2 Years (Y – Y+2) Invitation letter sent at D-28 D D+3 D+6 D+9 D-14 D+1 D+4 D+7 D+10 Unallocated Unallocated Unallocated Bid 1 25% Bid 2 25% Bid 3 25% Bid 4 25% & Unallocated Gemini Set Up Access to Reports Publish Publish Publish Publish Risk Profile: Gemini Incident H M L

RMTTSEC D+11 D+12 D+13 D+14 D+15 RMTTSEC Auction: Monthly Unsold & Surrendered Capacity (with Trade & transfer Option) Month Ahead Run Initial Allocations Correct quantity holder data for sale bids Upload Bids to Gemini Update surrender bid details Capacity Applies for Following Month Publish D D+11 D+13 D-12 D-8 D-7 D-6 D+1 D+12 D+14 D+15 D-5 Gemini Set Up Data Download Gemini Set Up Offline Analysis Trade & transfer Run Initial Allocations Correct quantity holder data for sale bids Upload Bids to Gemini Update surrender bid details Bid Surrender Offer Window D-12 D-8 D-7 D-6 Publish Risk Profile: Gemini Incident Gemini Set Up Data Download H Surrender Offer Window M L

Short Term Auction Process

Buyback Process