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April 1, 2024
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Trading Timeline
Criada
Mostafa Abdelrashied
⟶ Atualizado 10 jul 2018 ⟶
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Mostafa Abdelrashied
:
22 set 2020
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Start of the Trading Process
Delivery Time
Períodos
Day-Ahead Auction (Hourly Bids)
Intraday Auction (Quarter-hourly Bids)
Sub-hourly Optimization
Hourly Optimization
Day-Ahead Auction (Hourly Bids)
Intraday Auction (Quarter-hourly Bids)
Sub-hourly Optimization
Hourly Optimization
Day Ahead AuctionFeatures 01. Hourly and blocks bids are allowed 02. Market Closes at 12.00 PM 03. The results are published at 12:40 PM 04. There is a clearing price for eavry hour or every block of trade. 05. Price Determination follows the Merit Order Effect 06. The minimum amount of energy can be traded is 0.1 MWh and the prices must be between -500€/MWh or 3000€/MWh.
Intraday Auction Features 01. Only quarter-hourly bids are allowed. 02. Market Closes at 15.00 PM 03. Price Determination follows the Pay-as-bid Principle. 04. The minimum amount of energy can be traded is 0.1 MWh and the prices must be between -9.999€/MWh or 9.999€/MWh.