32.0

<div data-id="section-t-1-1.1" style="margin-left:0.69in;text-align:justify;text-indent:-0.69in">1.1 Introduction</div>

<div data-id="section-t-1-1.2" style="margin-left:0.69in;text-align:justify;text-indent:-0.69in">1.2 Obligation and entitlement of Parties</div>

<div data-id="section-t-1-1.3" style="margin-left:0.69in;text-align:justify;text-indent:-0.69in">1.3 Data requirements</div>

<div data-id="section-t-1-1.4" style="margin-left:0.69in;text-align:justify;text-indent:-0.69in">1.4 Data receipt and validation</div>

<div data-id="section-t-1-1.5" style="margin-left:0.69in;text-align:justify;text-indent:-0.69in">1.5 <u class='defined-term'>Market Index Definition Statement</u></div>

<div data-id="section-t-1-1.6" style="margin-left:0.69in;text-align:justify;text-indent:-0.69in">1.6 Provision of <u class='defined-term'>Market Index Data</u></div>

<div data-id="section-t-1-1.6A" style="margin-left:0.69in;text-align:justify;text-indent:-0.69in">1.6A <u class='defined-term'>Loss of Load Probability Calculation Statement</u></div>

<div data-id="section-t-1-1.7" style="margin-left:0.69in;text-align:justify;text-indent:-0.69in">1.7 Single imbalance price</div>

<div data-id="section-t-1-1.8" style="margin-left:0.69in;text-align:justify;text-indent:-0.69in">1.8 <u class='defined-term'>De Minimis Acceptance Threshold</u></div>

<div data-id="section-t-1-1.9" style="margin-left:0.69in;text-align:justify;text-indent:-0.69in">1.9 <u class='defined-term'>Continuous Acceptance Duration Limit</u> (<u class='defined-term'>CADL</u>)</div>

<div data-id="section-t-1-1.10" style="margin-left:0.69in;text-align:justify;text-indent:-0.69in">1.10 <u class='defined-term'>Price Average Reference Volume</u></div>

<div data-id="section-t-1-1.11" style="margin-left:0.69in;text-align:justify;text-indent:-0.69in">1.11 <u class='defined-term'>Replacement Price Average Reference Volume</u></div>

<div data-id="section-t-1-1.12" style="margin-left:0.69in;text-align:justify;text-indent:-0.69in">1.12 <u class='defined-term'>Value of Lost Load</u></div>

<div data-id="section-t-1-1.13" style="margin-left:0.69in;text-align:justify;text-indent:-0.69in">1.13 Annex T-2</div>

<div data-id="section-t-1-1.14" style="margin-left:0.69in;text-align:justify;text-indent:-0.69in">1.14 <u class='defined-term'>Replacement Reserve Schedule Methodology Document</u></div>

<div data-id="section-t-1" style="margin-left:0.69in;text-align:justify;text-indent:-0.69in">1. GENERAL</div>

<div data-id="section-t-2-2.1" style="margin-left:0.69in;text-align:justify;text-indent:-0.69in">2.1 Delivering and Offtaking <u class='defined-term'>Trading Unit</u>s</div>

<div data-id="section-t-2-2.2" style="margin-left:0.69in;text-align:justify;text-indent:-0.69in">2.2 <u class='defined-term'>Transmission Loss Factor</u>s</div>

<div data-id="section-t-2-2.3" style="margin-left:0.69in;text-align:justify;text-indent:-0.69in">2.3 Determination of the <u class='defined-term'>Transmission Loss Multiplier</u>s</div>

<div data-id="section-t-2" style="margin-left:0.69in;text-align:justify;text-indent:-0.69in">2. ALLOCATION OF TRANSMISSION LOSSES</div>

<div data-id="section-t-3-3.1" style="margin-left:0.69in;text-align:justify;text-indent:-0.69in">3.1 Conversion of Data Received from the <u class='defined-term'>NETSO</u></div>

<div data-id="section-t-3-3.2" style="margin-left:0.69in;text-align:justify;text-indent:-0.69in">3.2 Establishment of final physical notification (<u class='defined-term'>FPN<sub>ij</sub>(t)</u>)</div>

<div data-id="section-t-3-3.3" style="margin-left:0.69in;text-align:justify;text-indent:-0.69in">3.3 Establishment of <u class='defined-term'>Bid-Offer Volume</u> (<u class='defined-term'>qBO<sup>n</sup><sub>ij</sub>(t)</u>)</div>

<div data-id="section-t-3-3.4" style="margin-left:0.69in;text-align:justify;text-indent:-0.69in">3.4 Establishment of <u class='defined-term'>Acceptance Volume</u> (<u class='defined-term'>qA<sup>k</sup><sub>ij</sub>(t)</u>)</div>

<div data-id="section-t-3-3.4A" style="margin-left:0.69in;text-align:justify;text-indent:-0.69in">3.4A Establishment of <u class='defined-term'>Bid-Offer Upper Range</u> (<u class='defined-term'>BOUR<sup>n</sup><sub>ij</sub>(t)</u>) and <u class='defined-term'>Bid-Offer Lower Range</u> (<u class='defined-term'>BOLR<sup>n</sup><sub>ij</sub>(t)</u>) in relation to FPN and <u class='defined-term'>Submitted Bid-Offer Pair</u>s</div>

<div data-id="section-t-3-3.4B" style="margin-left:0.69in;text-align:justify;text-indent:-0.69in">3.4B Creation of <u class='defined-term'>Bid-Offer Pair</u>s</div>

<div data-id="section-t-3-3.5" style="margin-left:0.69in;text-align:justify;text-indent:-0.69in">3.5 Establishment of <u class='defined-term'>Bid-Offer Upper Range</u> (<u class='defined-term'>BOUR<sup>n</sup><sub>ij</sub>(t)</u>) and <u class='defined-term'>Bid-Offer Lower Range</u> (<u class='defined-term'>BOLR<sup>n</sup><sub>ij</sub>(t)</u>) in relation to <u class='defined-term'>Unsubmitted Bid-Offer Pair</u>s</div>

<div data-id="section-t-3-3.6" style="margin-left:0.69in;text-align:justify;text-indent:-0.69in">3.6 Determination of <u class='defined-term'>Accepted Bid-Offer Volume</u> (qABO<sup>kn</sup><sub>ij</sub> (t))</div>

<div data-id="section-t-3-3.7" style="margin-left:0.69in;text-align:justify;text-indent:-0.69in">3.7 <u class='defined-term'>Accepted Offer Volume</u> (qAO<sup>kn</sup><sub>ij</sub> (t)) and <u class='defined-term'>Accepted Bid Volume</u> (qAB<sup>kn</sup><sub>ij</sub> (t))</div>

<div data-id="section-t-3-3.8" style="margin-left:0.69in;text-align:justify;text-indent:-0.69in">3.8 Determination of <u class='defined-term'>Period Accepted Offer Volume</u> (<u class='defined-term'>QAO<sup>kn</sup><sub>ij</sub></u>), <u class='defined-term'>Period Accepted Bid Volume</u> (<u class='defined-term'>QAB<sup>kn</sup><sub>ij</sub></u>), <u class='defined-term'>Period RR Accepted Offer Volume</u> (<u class='defined-term'>RRAO<sup>kn</sup><sub>ij</sub></u>) and <u class='defined-term'>Period RR Accepted Bid Volume</u> (<u class='defined-term'>RRAB<sup>kn</sup><sub>ij</sub></u>)</div>

<div data-id="section-t-3-3.9" style="margin-left:0.69in;text-align:justify;text-indent:-0.69in">3.9 Determination of <u class='defined-term'>Period BM Unit Total Accepted Offer Volume</u> (<u class='defined-term'>QAO<sup>n</sup><sub>ij</sub></u>), <u class='defined-term'>Period BM Unit Total Accepted Bid Volume</u> (<u class='defined-term'>QAB<sup>n</sup><sub>ij</sub></u>), <u class='defined-term'>Period RR Total Accepted Offer Volume</u> (<u class='defined-term'>RRAO<sup>n</sup><sub>ij</sub></u>), <u class='defined-term'>Period RR Total Accepted Bid Volume</u> (<u class='defined-term'>RRAB<sup>n</sup><sub>ij</sub></u>) and <u class='defined-term'>Quarter Hour RR Activation Volume</u> (<u class='defined-term'>RRAV<sub>iJ</sub></u>)</div>

<div data-id="section-t-3-3.10" style="margin-left:0.69in;text-align:justify;text-indent:-0.69in">3.10 Determination of <u class='defined-term'>Period BM Unit Offer Cashflow</u> (<u class='defined-term'>CO<sup>n</sup><sub>ij</sub></u>) and <u class='defined-term'>Period BM Unit Bid Cashflow</u> (<u class='defined-term'>CB<sup>n</sup><sub>ij</sub></u>)</div>

<div data-id="section-t-3-3.11" style="margin-left:0.69in;text-align:justify;text-indent:-0.69in">3.11 Determination of <u class='defined-term'>Period BM Unit Cashflow</u> (<u class='defined-term'>CBM<sub>ij</sub></u>)</div>

<div data-id="section-t-3-3.11A" style="margin-left:0.69in;text-align:justify;text-indent:-0.69in">3.11A Determination of <u class='defined-term'>Quarter Hour RR Cashflow</u> (<u class='defined-term'>CCR<sub>iJ</sub></u>)</div>

<div data-id="section-t-3-3.11A.3" style="margin-left:0.69in;text-align:justify;text-indent:-0.69in">3.11A.3 Determination of <u class='defined-term'>Period RR BM Unit Cashflow</u> (<u class='defined-term'>CRR<sub>ij</sub></u>)</div>

<div data-id="section-t-3-3.12" style="margin-left:0.69in;text-align:justify;text-indent:-0.69in">3.12 Determination of <u class='defined-term'>Total System</u> BM Cashflow (<u class='defined-term'>TCBM<sub>j</sub></u>) and <u class='defined-term'>Daily Party BM Unit Cashflow</u> (<u class='defined-term'>CBM<sub>p</sub></u>)</div>

<div data-id="section-t-3-3.13" style="margin-left:0.69in;text-align:justify;text-indent:-0.69in">3.13 Determination of <u class='defined-term'>Reserve Scarcity Price</u> (<u class='defined-term'>RSVP<sub>j</sub></u>)</div>

<div data-id="section-t-3-3.14" style="margin-left:0.69in;text-align:justify;text-indent:-0.69in">3.14 Determination of <u class='defined-term'>STOR Action Price</u> (<u class='defined-term'>STAP<sup>t</sup><sub>j</sub></u>)</div>

<div data-id="section-t-3-3.15" style="margin-left:0.69in;text-align:justify;text-indent:-0.69in">3.15 Determination of <u class='defined-term'>System</u> and <u class='defined-term'>Balancing Demand Control Volume</u>s (<u class='defined-term'>QSDC<sub>cj</sub></u> and <u class='defined-term'>QBDC<sub>cj</sub></u>)</div>

<div data-id="section-t-3-3.17" style="margin-left:0.69in;text-align:justify;text-indent:-0.69in">3.17 Determination of <u class='defined-term'>Deemed Standard Product Shape</u> (<u class='defined-term'>qDSP<sup>J</sup><sub>ij</sub>(t)</u>)</div>

<div data-id="section-t-3-3.18" style="margin-left:0.69in;text-align:justify;text-indent:-0.69in">3.18 Determination of <u class='defined-term'>Deemed Standard Product Volume</u> (<u class='defined-term'>qDSPV<sup>J</sup><sub>ij</sub>(t)</u>)</div>

<div data-id="section-t-3-3.19" style="margin-left:0.69in;text-align:justify;text-indent:-0.69in">3.19 Determination of <u class='defined-term'>Deemed Standard Product Offer Volume</u> (<u class='defined-term'>qDSPO<sup>J</sup><sub>ij</sub>(t)</u>) and <u class='defined-term'>Deemed Standard Product Bid Volume</u> (<u class='defined-term'>qDSPB<sup>J</sup><sub>ij</sub>(t)</u>)</div>

<div data-id="section-t-3-3.20" style="margin-left:0.69in;text-align:justify;text-indent:-0.69in">3.20 Determination of <u class='defined-term'>Period Deemed Standard Product Offer Volume</u> (<u class='defined-term'>DSPO<sup>J</sup><sub>ij</sub></u>) and <u class='defined-term'>Period Deemed Standard Product Bid Volume</u> (<u class='defined-term'>DSPB<sup>J</sup><sub>ij</sub></u>)</div>

<div data-id="section-t-3-3.21" style="margin-left:0.69in;text-align:justify;text-indent:-0.69in">3.21 Determination of <u class='defined-term'>Total Period Deemed Standard Product Offer Volume</u> (<u class='defined-term'>TDSPO<sub>ij</sub></u>) and <u class='defined-term'>Total Period Deemed Standard Product Bid Volume</u> (<u class='defined-term'>TDSPB<sub>ij</sub></u>)</div>

<div data-id="section-t-3-3.22" style="margin-left:0.69in;text-align:justify;text-indent:-0.69in">3.22 Determination of <u class='defined-term'>Replacement Reserve</u> Instructed <u class='defined-term'>Offer</u> Deviation (<u class='defined-term'>IOD<sub>ij</sub></u>) and <u class='defined-term'>Replacement Reserve</u> Instructed Bid Deviation (<u class='defined-term'>IBD<sub>ij</sub></u>)</div>

<div data-id="section-t-3-3.23" style="margin-left:0.69in;text-align:justify;text-indent:-0.69in">3.23 Determination of <u class='defined-term'>Replacement Reserve Period Instructed Offer Deviation Cashflow</u> (<u class='defined-term'>CDO<sub>ij</sub></u>)and <u class='defined-term'>Replacement Reserve Period Instructed Bid Deviation Cashflow</u> (<u class='defined-term'>CDB<sub>ij</sub></u>)</div>

<div data-id="section-t-3-3.24" style="margin-left:0.69in;text-align:justify;text-indent:-0.69in">3.24 Determination of the <u class='defined-term'>Replacement Reserve Period Instruction Deviation Cashflow</u> (<u class='defined-term'>CDR<sub>ij</sub></u>)</div>

<div data-id="section-t-3-3.25" style="margin-left:0.69in;text-align:justify;text-indent:-0.69in">3.25 Determination of <u class='defined-term'>Total System RR Cashflow</u> (<u class='defined-term'>TCRR<sub>j</sub></u>), <u class='defined-term'>Daily Party RR Cashflow</u> (<u class='defined-term'>CRR<sub>p</sub></u>) and <u class='defined-term'>Daily Party RR Instruction Deviation Cashflow</u> (<u class='defined-term'>CDR<sub>p</sub></u>)</div>

<div data-id="section-t-3" style="margin-left:0.69in;text-align:justify;text-indent:-0.69in">3. SETTLEMENT OF BALANCING ACTIONS</div>

<div data-id="section-t-4-4.1" style="margin-left:0.69in;text-align:justify;text-indent:-0.69in">4.1 Treatment of <u class='defined-term'>Interconnector BM Unit</u>s</div>

<div data-id="section-t-4-4.2" style="margin-left:0.69in;text-align:justify;text-indent:-0.69in">4.2 Determination of <u class='defined-term'>BM Unit Metered Volume</u> (<u class='defined-term'>QM<sub>ij</sub></u>) for <u class='defined-term'>Supplier BM Unit</u>s</div>

<div data-id="section-t-4-4.2A" style="margin-left:0.69in;text-align:justify;text-indent:-0.69in">4.2A Determination of <u class='defined-term'>BM Unit Metered Volume</u> (<u class='defined-term'>QM<sub>ij</sub></u>) for <u class='defined-term'>Secondary BM Unit</u>s</div>

<div data-id="section-t-4-4.3" style="margin-left:0.69in;text-align:justify;text-indent:-0.69in">4.3 Determination of Information Imbalance Volumes (<u class='defined-term'>QII<sub>ij</sub></u>) and Charges (<u class='defined-term'>CII<sub>ij</sub></u>)</div>

<div data-id="section-t-4-4.3A" style="margin-left:0.69in;text-align:justify;text-indent:-0.69in">4.3A Determination of <u class='defined-term'>Market Price</u> (<u class='defined-term'>MP<sub>j</sub></u>)</div>

<div data-id="section-t-4-4.3B" style="margin-left:0.69in;text-align:justify;text-indent:-0.69in">4.3B Determination of <u class='defined-term'>Period Supplier BM Unit Delivered Volume</u> (QBSD<sub>i</sub><sub>j</sub>) for <u class='defined-term'>Secondary BM Unit</u>s</div>

<div data-id="section-t-4-4.4" style="margin-left:0.69in;text-align:justify;text-indent:-0.69in">4.4 Determination of Energy Imbalance Prices (SBPj and SSPj)</div>

<div data-id="section-t-4-4.5" style="margin-left:0.69in;text-align:justify;text-indent:-0.69in">4.5 Determination of <u class='defined-term'>Credited Energy Volume</u>s (<u class='defined-term'>QCE<sub>iaj</sub></u>) for each <u class='defined-term'>Energy Account</u></div>

<div data-id="section-t-4-4.6" style="margin-left:0.69in;text-align:justify;text-indent:-0.69in">4.6 Determination of Energy Imbalance (<u class='defined-term'>QAEI<sub>aj</sub></u>) for each <u class='defined-term'>Energy Account</u></div>

<div data-id="section-t-4-4.7" style="margin-left:0.69in;text-align:justify;text-indent:-0.69in">4.7 Determination of Energy Imbalance Cashflows (<u class='defined-term'>CAEI<sub>aj</sub></u> and <u class='defined-term'>TCEI<sub>j</sub></u>)</div>

<div data-id="section-t-4-4.8" style="margin-left:0.69in;text-align:justify;text-indent:-0.69in">4.8 Non-Delivery Rule and Calculations</div>

<div data-id="section-t-4-4.9" style="margin-left:0.69in;text-align:justify;text-indent:-0.69in">4.9 Determination of <u class='defined-term'>System Operator Cashflow</u> (<u class='defined-term'>CSO<sub>j</sub></u>)</div>

<div data-id="section-t-4-4.10" style="margin-left:0.69in;text-align:justify;text-indent:-0.69in">4.10 Determination of Residual Cashflow Allocations</div>

<div data-id="section-t-4" style="margin-left:0.69in;text-align:justify;text-indent:-0.69in">4. SETTLEMENT CALCULATIONS</div>

<div data-id="section-t-5-5.1" style="margin-left:0.69in;text-align:justify;text-indent:-0.69in">5.1 Responsibility of SAA</div>

<div data-id="section-t-5-5.2" style="margin-left:0.69in;text-align:justify;text-indent:-0.69in">5.2 Requirement to carry out <u class='defined-term'>Settlement Run</u>s</div>

<div data-id="section-t-5-5.3" style="margin-left:0.69in;text-align:justify;text-indent:-0.69in">5.3 Submission of <u class='defined-term'>Settlement</u> data</div>

<div data-id="section-t-5-5.4" style="margin-left:0.69in;text-align:justify;text-indent:-0.69in">5.4 Failure of SAA's systems, etc</div>

<div data-id="section-t-5" style="margin-left:0.69in;text-align:justify;text-indent:-0.69in">5. SETTLEMENT</div>

<div data-id="section-t-6-6.1" style="margin-left:0.69in;text-align:justify;text-indent:-0.69in">6.1 Determination of <u class='defined-term'>Trading Unit</u> <u class='defined-term'>Export</u> and <u class='defined-term'>Import</u> Volumes (<u class='defined-term'>QTUE<sub>rj</sub></u> and <u class='defined-term'>QTUI<sub>rj</sub></u>)</div>

<div data-id="section-t-6" style="margin-left:0.69in;text-align:justify;text-indent:-0.69in">6. ADDITIONAL CALCULATIONS</div>

<div data-id="section-t-7" style="margin-left:0.69in;text-align:justify;text-indent:-0.69in">7 SUBMISSION OF REPLACEMENT RESERVE DATA TO THE <u class='defined-term'>SVAA</u></div>

<div data-id="part-1--derivation-of-final-ranked-set-of-system-actions" style="margin-left:0.69in;text-align:justify;text-indent:-0.69in">Part 1 – Derivation of <u class='defined-term'>Final Ranked Set</u> of <u class='defined-term'>System Action</u>s</div>

<div data-id="part-2---detailed-provisions" style="margin-left:0.69in;text-align:justify;text-indent:-0.69in">Part 2 - Detailed Provisions</div>

<div data-id="part-3--terms-for-reporting" style="margin-left:0.69in;text-align:justify;text-indent:-0.69in">Part 3 – Terms for Reporting</div>

<div data-id="annex-t-1" style="margin-left:0.69in;text-indent:-0.69in;text-align: center">Annex T-1: <u class='defined-term'>Final Ranked Set</u> of <u class='defined-term'>System Action</u>s</div>

<div data-id="annex-t-2-1" style="margin-left:0.69in;text-align:justify;text-indent:-0.69in">1. Introduction</div>

<div data-id="annex-t-2-2" style="margin-left:0.69in;text-align:justify;text-indent:-0.69in">2. <u class='defined-term'>LFM Specification</u></div>

<div data-id="annex-t-2-3" style="margin-left:0.69in;text-align:justify;text-indent:-0.69in">3. <u class='defined-term'>Load Flow Model</u></div>

<div data-id="annex-t-2-4" style="margin-left:0.69in;text-align:justify;text-indent:-0.69in">4. <u class='defined-term'>Zone</u>s, <u class='defined-term'>Node</u>s and Mapping</div>

<div data-id="annex-t-2-5" style="margin-left:0.69in;text-align:justify;text-indent:-0.69in">5. <u class='defined-term'>Transmission Network Data</u> and <u class='defined-term'>HVDC Boundary Data</u></div>

<div data-id="annex-t-2-6" style="margin-left:0.69in;text-align:justify;text-indent:-0.69in">6. <u class='defined-term'>Distribution Network Data</u></div>

<div data-id="annex-t-2-7" style="margin-left:0.69in;text-align:justify;text-indent:-0.69in">7. <u class='defined-term'>Sample Settlement Period</u>s</div>

<div data-id="annex-t-2-8" style="margin-left:0.69in;text-align:justify;text-indent:-0.69in">8. Determination of TLFs</div>

<div data-id="annex-t-2-9" style="margin-left:0.69in;text-align:justify;text-indent:-0.69in">9. Determination of the <u class='defined-term'>Transmission Loss Factor Adjustment</u> (<u class='defined-term'>TLFA</u><sub>S</sub>)</div>

<div data-id="annex-t-2-10" style="margin-left:0.69in;text-align:justify;text-indent:-0.69in">10. Role and powers of the <u class='defined-term'>NETSO</u></div>

<div data-id="annex-t-2" style="margin-left:0.69in;text-indent:-0.69in;text-align: center">Annex T-2: <u class='defined-term'>Transmission Loss Factor</u>s</div>

<div data-id="section-t" style="text-align:center">SECTION T: SETTLEMENT AND TRADING CHARGES</div>

CONTENTS

BSC Section T: Settlement and Trading Charges V32.0

Defined Terms

Cross-references