Energy Derivative, Instrument setup

First step is to define  the different contract types.

Go to Settings/Energy

Electricity

The fist tab handles Electricity

Give the contract a suitable name.

Choose contract type and Write in the Area. If it is an EPAD, 

Please choose 

1. Base area and TS will be able to calculate the difference.
2. Write number of days after maturity the payment should be made as default. If different payment days are decided per Cunterparty. Please fill in the table to the right.
3. Number of decimals to be used 
4. Use daylight saving if summer/ winter time should be considered when calculating hours.

Payment days per counterpart

1. Press A and all external counterparts will be shown
2. Enter number of days on relevant counterparts
3. Press save, only counterparts that has an value will be shown

This setting will used for all contract types

Enter the derivative in Deal input

Emissions

Second tab Emissions

In the first section Asset is where the emission is set up

In the second part  the different emissions account are set set up.  Give the account a name, a owner of the account and the asset from the above section.

The last section shows the current balance of the different emission accounts.

Guarantee of Origin

The third tab is for Guarantees of Origin, that is set up with the same logic as emissions. Asset and Accounts.