What quantity of statements and invoices should the market plan for?
The quantity of statements and invoices depends on the markets in which the Market Participant (MP) participates. In general, MPs should plan for 28 statements per week for statements – more if resettlements are issued. There will be eight per week for invoices, and some issued monthly. For most months, and not counting ad hoc or annual invoices, MPs could have at least 31 Day-Ahead Market (DAM) invoices, five Real-Time Market (RTM) invoices, one DAM late fee invoice, one RTM late fee invoice, one Congestion Revenue Right (CRR) auction invoice, two CRR Auction Revenue Distribution (CARD) invoices and one CRR balancing account invoice, totaling: 42 invoices in a typical month.