A flexibility bid is a proposal from a Congestion Service Provider (CSP) to temporarily make flexible capacity available via redispatch on the congestion market, in order to help prevent or resolve grid congestion. A flexibility bid is a response to a market announcement and needs to include certain elements.
What elements does a flexibility bid need?
A flexibility bid typically includes:
The buy or sell bid is submitted via a trading platform (ETPA or EPX SPOT) and can be accepted by the grid operator if the flexibility is needed at that time and location to solve a congestion issue.
What types of flexibility can be offered?