The market allows anonymous and double-sided closed collective auction in renewable energy on a day-ahead basis. The market commenced on 26 Oct' 2021. The Exchange invites bids for conventional and renewable in an integrated way through separate bidding windows. The clearing takes place in a sequential manner – first in the renewable segment having the must-run status, considering the availability of the transmission corridor, followed by the conventional segment, discovering separate price formation for green and conventional power.
Bidding is an offer to set a price tag by an individual or business for a product or service or a demand that something be done. Bidding is used to determine the cost or value of something.
The name says it clearly: the 15 minute day trading rule is a shorter form of day trading (within 15 minutes). You can contract the time limit even further. The idea is to spot a trend, buy/sell and then sell/buy within 15 minutes.
Risk management is the identification, evaluation, and prioritization of risks followed by coordinated and economical application of resources to minimize, monitor, and control the probability or impact of unfortunate events.
Congestion Management through market splitting and determining Area Clearing Price (ACP) specific to an area.
Clearance obtained from SLDC by buyers and sellers based on availability of network and ABT meters.
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