Auction Calendar

Modified on:: Tue, 9 Feb, 2021 at 12:56 PM

Print

General

a. Different capacity types available at the same network point for a specific transport period are auctioned one after another.


b. In general, the auction order is:

  1. firm capacity
  2. interruptible capacity


c. In some countries, (e.g. Austria, Germany) firm capacity may be auctioned as more than one firm capacity type.


d. The different firm capacity types may be auctioned in a specific order.*


e. For further information about the auction order, please refer to the respective TSO.


* Responsibility of the respective TSO



Auction times



Auction timeline overview

Yearly + Quarterly


Monthly

These rules may be overruled by the decision committee, e.g. in case of the auctions falling on Christmas; please refer to the ENTSO-G website for further information


Bidding rounds

Long term                                                                                                        

Day 1:

09:00 - 12:00  1st bidding round

12:00 - 13:00  processing and publishing

13:00 - 14:00  2nd bidding round

14:00 - 15:00  processing and publishing

15:00 - 16:00  3rd bidding round

16:00 - 17:00  processing and publishing

17:00 - 18:00  4th bidding round


Day 2 and following:

09:00 - 10:00  5th bidding round

10:00 - 11:00  processing and publishing

11:00 - 12:00  6th bidding round

17:00 - 18:00  nth bidding round



Short term

Day-Ahead:

16:30 - 17:00  only bidding round firm

17:30 - 18:00  only bidding round interruptible


Within-Day:

19:00 - 02:30  1st WID auction  (24h runtime)

03:00 - 03:30  2nd WID auction (23h runtime) 

….

01:00 - 01:30  last WID auction  (1h runtime)


Auction calendar


  • Each product type has an individual auction calendar that provides information about the date and time of publication and start of the auction.
  • Published on the 'Auctions' page in the 'Transport' section.




F
Frederick is the author of this solution article.

Did you find it helpful? Yes No

Send feedback
Sorry we couldn't be helpful. Help us improve this article with your feedback.