Settlement
What is the expected price of these VPPAs?
Both parties can use the forecast SMP, which is available at Single Buyer's website as a guide to determine the strike price of the CGPA. Link to Single Buyer's website: https://www.singlebuyer.com.my/resourcesmarginal.php
Settlement
If the CGPA price is higher than SMP price, can the Solar Producer collect payment difference in RM (actual cash transaction) from Consumer to make up for the amount of difference.
In the event that the price agreed between corporate consumer = SMP, the corporate consumer will still need to pay the energy utility company the normal electricity tariff? ie. payment (toll) to use the transmission and distribution system.
If the Corporate Consumer consumed 1000kWh during day and 500kWh during night. The solar plant produces 1500kWh (basically during daytime only) will the solar plant producer being paid 1500kWh or 1000kWh?
How SMP is determined? is the SMP change every 30 mins or SB shall declare a monthly average SMP between 7am to 7pm similar to NEM NOVA SMP declaration?