Training materials

Auction Types
General a. Auctions take place at different predefined times, depending on the product type. b. The auction calendar provides an overview of the auctio...
Auction Calendar
General a. Different capacity types available at the same network point for a certain transport period will be auctioned one after another. b. In gener...
Ascending Clock Algorithm
Introduction The Ascending Clock Algorithm applies to all long-term auctions (monthly, quarterly and yearly). Through this mechanism, the price and allo...
Uniform Price Algorithm
Introduction The uniform price algorithm is used for all short-term auctions (day-ahead and within-day). Through this mechanism, the allocation and pri...
Pay-as-bid algorithm
The pay-as-bid algorithm can be used by Storage System Operators (SSOs) to allocate storage products. General Information The pay-as-bid algorithm a...
Comfort bidding
The comfort function The comfort function allows you to place bids before the start of an auction, ensuring that you do not have to actively follow ever...
Within-day auctions
Basic information The within-day auctions are taking place every day by starting at full hour for every hour of the day. Bearing in mind! Wit...
Multi-currency
General information Currently, prices of products marketed on PRISMA are set by TSOs and SSOs, and usually correspond to their national currency. The price...
Credit limits
Preliminary Information To participate in a transport auction or a storage offer on PRISMA, you must have a sufficient credit limit if the operator require...
Capacity surrender
General information Capacities may be surrendered to the TSO in order to market them again.  Surrender of capacity is firstly a surrender of the right ...