Phase 1 shadow · synthetic · independent  ·  SAWEM Phase 1 Trading Simulator — explainer-grade, not an MMS.  ·  Trading Rules Round 2 (12 April 2026 v01 draft)
Trading day 2026-05-29 virtual hour 00 Auction state: ACCEPTING gate close in 18h:00m DAM clear IDM re-clear Balancing Settlement
SAWEM
Day-ahead clearing

Hour 16 · 2026-05-29

Illustrative clearing — production MMS would use a SCED-class optimiser.

Why this price?

In hour 16, the SMP cleared at R865.47 / MWh. The marginal offer was Eskom Holdings — coal fleet (Generator)'s — the last unit of generation needed to meet demand. By uniform-price rule, every accepted seller was paid R865.47 / MWh for their share of the 31000 MWh cleared this hour.

See the in-browser verifier to confirm the SMP from the receipt's canonical inputs.

SMP
R865.47 / MWh
Total dispatch
31,000 MWh
Marginal party
Eskom Holdings — coal fleet (Generator)
gen_eskom_coal_01

Supply curve · demand intersection

IPP — solar BW5 (Generator) — R392/MWh up to 1127 MWhAggregator — renewables pool — R396/MWh up to 1427 MWhIPP — wind plant (Generator) — R443/MWh up to 2963 MWhEskom Holdings — coal fleet (Generator) — R865/MWh up to 32963 MWhCross-border — ZESA interconnect — R1085/MWh up to 33163 MWhEskom Holdings — OCGT peaker (Generator) — R2215/MWh up to 33563 MWhDemand 31000 MWhSMP R865/MWh

The supply curve (terracotta) is cumulative MWh on the x-axis, offer price on the y-axis. The dashed green line is hourly demand. Where they cross is the SMP.

Accepted awards

Offer Party MWh awarded Price (R/MWh)
o-16-solar IPP — solar BW5 (Generator) 1127.0 R865.47
o-16-renew-agg Aggregator — renewables pool 300.0 R865.47
o-16-wind IPP — wind plant (Generator) 1536.0 R865.47
o-16-coal Eskom Holdings — coal fleet (Generator) 28037.0 R865.47
Show full computation transcript
[clearHour] day=2026-05-29 hour=16 seed=42
[clearHour] tieBreak=price_asc → ts_asc → party_id_asc
[clearHour] demand_mw_min=1860000
[clearHour] accept offer=o-16-solar party=gen_ipp_solar_bw5_01 price=39169c volume=67620 cumulative=67620
[clearHour] accept offer=o-16-renew-agg party=agg_renewables_01 price=39571c volume=18000 cumulative=85620
[clearHour] accept offer=o-16-wind party=gen_ipp_wind_01 price=44305c volume=92160 cumulative=177780
[clearHour] accept offer=o-16-coal party=gen_eskom_coal_01 price=86547c volume=1682220 cumulative=1860000
[clearHour] SMP=86547c marginal=gen_eskom_coal_01

Verify from your laptop (terminal): curl -s /api/clearing/16/replay > receipt.json && npm run verify -- receipt.json

Or in your browser (no install): /clearing/16/verify

Download replay bundle (.json)

Audit chain · stage 1 of 4

Commit this DAM clear to the append-only SHA-256 chain (dam_cleared event). Best-effort: with no D1 binding bound locally this degrades to a "not recorded" marker rather than failing.

Data as-of: 2026-05-29 · Trading Rules R2 v01 (2026-04-12 draft) · Market Code v2.1 · simulator build 2026-05-29.