Axpo Swap Settlement
TB2 CFDFinancial swap settlement analysis for the Evelyn/Hidden Lakes project at HB_HOUSTON
Deal Terms Summary
Contract Capacity
100 MW
Duration
2 hrs
Fixed Price
$112/MWh
RTE Adjustment
85%
Settlement Point
HB_HOUSTON
Term
2026-04-01 → 2031-03-31
Settlement Formula: Daily Payment = ($112 - Market TB2) × 100 MW × 2 hrs| Market TB2 = Top2Avg - (Bottom2Avg ÷ 0.85)
Avg Adjusted TB2
$0.00/MWh
vs Fixed: $112 (Buyer pays)
Total Settlement
$0
Buyer pays Seller
Win Days (Seller)
0
Market TB2 < $112 (Buyer pays)
Loss Days (Seller)
0
Market TB2 > $112 (Seller pays)
View:
Forecast:
Backcast:
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Backup Schedule Reference (CPT)
Jan
Top: 18:00, 19:00
Bot: 14:00, 15:00
Feb
Top: 8:00, 19:00
Bot: 14:00, 15:00
Mar
Top: 20:00, 21:00
Bot: 10:00, 11:00
Apr
Top: 20:00, 21:00
Bot: 10:00, 11:00
May
Top: 20:00, 21:00
Bot: 9:00, 10:00
Jun
Top: 20:00, 21:00
Bot: 9:00, 10:00
Jul
Top: 20:00, 21:00
Bot: 9:00, 10:00
Aug
Top: 20:00, 21:00
Bot: 9:00, 10:00
Sep
Top: 20:00, 21:00
Bot: 10:00, 11:00
Oct
Top: 19:00, 20:00
Bot: 10:00, 11:00
Nov
Top: 18:00, 19:00
Bot: 9:00, 10:00
Dec
Top: 18:00, 19:00
Bot: 14:00, 15:00