Flexibility bid
A flexibility bid is a proposal from a Congestion Service Provider (CSP) to temporarily make flexible capacity available via redispatch on the congestion market, helping to prevent or resolve grid congestion. A flex offer follows a market announcement and consists of several standard components.
What does a flexibilty bid include?
A flex offer consists of:
- Location (the grid area where the capacity is active)
- Capacity (e.g. the ability to reduce or supply 2 MW)
- Time window (when the flexibility is available)
- Price (the compensation at which the CSP is willing to offer flexibility)
The buy or sell bid is submitted via a trading platform (such as ETPA or EPEX SPOT) and can be accepted by the grid operator if the flexibility is needed at that location and time to resolve congestion.
What type of flexibility can be offered?
- Increasing or decreasing consumption (e.g. temporarily scaling down or ramping up a production process)
- Increasing or decreasing generation (e.g. supplying more or less electricity from a battery or CHP)
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