" Once the
Spot Market is operational, there is a channel for an investor or generator to sell power into the market; they dont have to be on a contract with OPWP; they can develop their facilities and sell power to us at the price that is set by the market.
According to OPWP, the introduction of
spot market will increase competition in Oman's power generation market and make available additional capacity that might otherwise not be readily accessible through the existing purchases agreement channels.
In livestock industries such as cattle, hogs, and broilers, transactions between farmers and packers are completed using either the
spot market or AMAs.
BCause LLC includes mining facilities, as well as a
spot market, regulated derivatives exchange and regulated clearing house.
They have also conducted an orientation to the stakeholders for the transition arrangement since the latter need to be fully equipped before they can be part of the
spot market. Binondo also stressed that DOE will still have to assess the requirements before the WESM will be established in an area.
For example, BCG use a weekly
spot market price and a semi-monthly retail price.
Specifically, we establish a decision making model from the perspective of the firm who will procure from the multiple suppliers and the
spot markets. The suppliers are unreliable and provide different types of option-type supply contracts which should be made before demand realization, while the
spot market can only be used after demand realization and has both the price and liquidity risks.
"Adnoc will likely keep to the local market like power companies and push out to the
spot market if there are extra (volumes)," one of the sources close to the matter said.
On 11 December 2012, the Commission opened an investigation (see Europolitics 4547) into this business practice, which - on the power exchange
spot markets (day-ahead and intraday markets) - discriminates against foreign traders and inhibits competition on the Romanian electricity market.This is in violation of Article 102 of the Treaty on the Functioning of the European Union (TFEU) and Article 54 of the European Economic Area (EEA) agreement.
The company's gas supply contracts with Russia are long term and depend on oil prices, while the delivery contracts for industrial clients are linked to the
spot market prices.
Belgium imported 6.1 million tons in 2011, up from 2.8 million in 2007, some of which was re-exported through recently-expanded storage facilities at Zeebrugge port, designed to support the development of an LNG
spot market.
In the period from 2014-21, around 16 per cent of production is not covered by existing SPAs and is potentially available to be sold on
spot markets. It is likely that over time, new contracts will be signed to replace or extend existing contracts as their terms expire.
