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On January 23, 2024, the BGS Auction Manager posted a document containing updated Mark-to-Market (“MtM”) information to the contract and credit page of the “bidder info” tab. The document contains illustrative marks for each month of the BGS-RSCP supply period, a description of the methodology that will be used to adjust these marks from January 22, 2024 through the close of the BGS-RSCP Auction, and a description of the methodology for updating forward prices over the term of the contract.
Additionally, the BGS Auction Manager posted the final decrement formulas to the auction rules page of the “bidder info” tab of the BGS Auction website.
If you have any questions, you can submit them through the ask a question page of the “contact us” tab.
January 23, 2024.
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