Lessons

TOPIC 13 · IN-DEPTH TOPIC

Offers, bids, rebids and availability

Build and interpret a ten-band energy offer.

Understand · 1 of 4Self-paced

Construct a feasible offer

Price bands describe willingness to generate or consume, while availability and ramp constraints limit feasible dispatch. A price change does not create physical capacity. Rebid records should connect changed intentions to evidence and the relevant rules.

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The lesson

6 chapters
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01Read a price–quantity offer without confusing its columns
Synthetic generating offer
BandIncremental MWA$/MWhCumulative MW
1302030
2405070
33090100
4–100Unused in this exercise100

Watch the explanation

Key terms in plain English
MW
Megawatt: a measure of power, or how quickly energy is transferred. A plant's maximum MW is not its actual output in every interval.
Dispatch
The operational process of determining output and consumption targets, subject to offers, demand and system constraints. A target is not a meter reading.