What's the deal with SWAPS?


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Maybe my understanding is wrong, but isn't there 0 point in doing a swap? Because it's done last so if they could have selected both parties they would just have done it anyways through the NCEPT process?
Well just because you’re facility is green doesn’t mean you’re getting selected at facility X. Far from it. With the drastically reduced movement via ERR in the passed couple of years it would be more likely to get a swap approved but there aren’t many submitted anymore. Maybe because they can be less beneficial financially or because they were much more difficult to execute for a few years before that when NCEPT was functioning better
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