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
Shadow-day · stage 3 of 4 · balancing & imbalance

Balancing · hour 03 · 2026-05-29

Stage status timestamp (balancing complete): 2026-05-29T04:50:00Z

Illustrative imbalance pricing (Trading Rules R2 §07 placeholder formula). Balancing consumes the final post-IDM schedule and prices each party's deviation from it against the metered outturn.

Reference SMP (IDM)
R853.69 / MWh
Indicative balancing price
R2000.00 / MWh
Net system imbalance
-4.5 MWh
system short (under-delivery)

Per-party imbalance settlement

Metered outturn vs final schedule. A modelled residual under-delivery of 4.5 MWh sits on Eskom Holdings — coal fleet (Generator) so the balancing market has a real action to price.

Party Final sched (MWh) Metered (MWh) Imbalance (MWh) Imb. price (R/MWh) Amount
Eskom Holdings — coal fleet (Generator) 21037.2 21032.6 -4.5 R2000.00 R-9066.67
Audit chain

Commit this balancing run to the append-only SHA-256 chain (balancing_complete event).

Full IDM + balancing transcript
[reclearIntraday] day=2026-05-29 hour=3 seed=42
[reclearIntraday] slip party=agg_renewables_01 -19.1% dam=18000 revised=14566 gap+=3434
[reclearIntraday] slip party=gen_ipp_wind_01 -11.5% dam=48840 revised=43204 gap+=5636
[reclearIntraday] residual_gap=9070 backfilled=9070 uncovered=0 idm_smp=85369c backfill_awards=1
— BALANCING —
[computeBalancing] day=2026-05-29 hour=3
[computeBalancing] party=gen_eskom_coal_01 sched=1262230 metered=1261958 imb=-272 price=200000c amount=-906667c
[computeBalancing] net_system_imbalance=-272 balancing_price=200000c
Shadow-day stage 3/4 · Trading Rules R2 §07 (imbalance) · simulator build 2026-05-29.