With a bid obligation contract, you agree in writing with the grid operator to regulate or adjust through your CSP at a specified location against a forecast for that location. With a bid duty contract, this gives you a duty to make redispatch bids via GOPACS at the request of the grid operator.
A mandatory bid contract provides more security for both grid operator and connected parties than redispatch via free market bids. This way, the grid operator has the assurance that the congestion problem will be solved and you have the assurance of the pre-agreed terms and fees.
The principle of the bid obligation contract is similar to redispatch via free market bids.
Does the CSP bid on an order for a specific congestion situation and GOPACS can match it with a counter bid? Then the CSP will receive the requested price for this. This financial settlement takes place through the energy trading platform linked to GOPACS. Parties with a bid obligation contract may additionally receive possible compensation for their availability to place a bid on a GOPACS affiliated trading platform. Check with your grid operator for fees applicable to your situation.