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General a. Auctions take place at different predefined times, depending on the product type. b. The auction calendar provides an overview of the auctio...
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...
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...
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...
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...
General information Currently, prices of products marketed on PRISMA are set by TSOs and SSOs, and usually correspond to their national currency. The price...
Basic information Credit limit on PRISMA is the maximum outstanding balance a TSO may assign to a shipper. Every TSO has a possibility to assign multip...
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 ...