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Allocation Procedure with Pre-Emption Rights and Congestion Management Mechanism (AP-PRCMM)
The Allocation Procedure with Pre-Emption Rights and Congestion Management Mechanism (AP-PRCMM) is the procedure defined by TTPC for allocation of firm capa...
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...
General a. Auctions take place at different predefined times, depending on the product type. b. The auction calendar provides an overview of the auctio...
The pay-as-bid algorithm can be used by Storage System Operators (SSOs) to allocate storage products. General Information The pay-as-bid algorithm i...
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...
Uniform Price Matching Algorithm
Introduction The Matching Algorithm applies to storage offers in which the total amount of capacity comes from multiple sources. Different sellers offer...