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June 2021 Brunch & Learn DBS Quiz

Quiz by Brunch and Learn 2020

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10 questions
Show answers
  • Q1
    What does DBS stand for?
    Demand Bidding Strategy
    Demand Bargaining Strategy
    Delivering Better Service
    Demand Buying Strategy
    60s
  • Q2
    DBS
    allocates procurement of Residual Net Position between DAM and RTM
    is a strategy for SCE traders to make extra bonuses through opportunistic bids
    aims to maximize SCE's profit in energy markets
    is considered illegal, as SCE is exercising market power
    60s
  • Q3
    How many levels of DBS are there?
    1
    9
    3
    10
    60s
  • Q4
    The formula for DART is: Day Ahead Market Price + Real Time Market Price
    FALSE
    TRUE
    60s
  • Q5
    If the energy markets are efficient, DART should equal to
    0
    1
    777 (jackpot!)
    150
    60s
  • Q6
    Under the Strategy Zero (Base Case), participation in RTM is simply to:
    to procure additional renewable energy
    float all of our load
    balance out load forecast cerror
    quickly sell off our hedged position
    60s
  • Q7
    Under Level 1 DBS (Standard Market Condition) at <=$150 Day Ahead Clearing Price, how much do we float to Real Time Market?
    0%
    75%
    50%
    25%
    60s
  • Q8
    What does it mean for LSEs to "self schedule"?
    giving up the right to procure additional energy in RTM
    economically bidding load in DAM
    barred from participating in DAM
    committing to purchase at any price cleared in Day Ahead Market
    60s
  • Q9
    What causes escalation of DBS from level 1 (default) to level 2 and 3?
    low demand conditions
    higher than expected solar and wind generation
    conditions of supply constraint
    when SCE is expected to see losses from trading
    60s
  • Q10
    What price is CAISO's "soft bidding cap"?
    $500
    $1,000
    $800
    $2,000
    60s

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