What does it mean by bid is successful for large merchant generator? Is there any risk any energy generated is not being paid? Or should the large merchant generator will be paid same as the price taker?

A bid is successful when the price offered is competitive/optimal to meet the demand and GSO issues a Dispatch Instruction. Only if the generator meets the Dispatch Instruction, it will be paid accordingly. Unlike a Price Taker which does not have to bid, any energy generated up to its registered capacity will be paid.

If the CGPA price is higher than SMP price, can the Solar Producer collect payment difference in RM (actual cash transaction) from Consumer to make up for the amount of difference. What is the expected price of these VPPAs? In the event that the price agreed between corporate consumer = SMP, the corporate consumer will still need to pay the energy utility company the normal electricity tariff? ie. payment (toll) to use the transmission and distribution system. If the Corporate Consumer consumed 1000kWh during day and 500kWh during night. The solar plant produces 1500kWh (basically during daytime only) will the solar plant producer being paid 1500kWh or 1000kWh? How SMP is determined? is the SMP change every 30 mins or SB shall declare a monthly average SMP between 7am to 7pm similar to NEM NOVA SMP declaration?

Settlement