Producer's action on ask's unit price

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Producer's action on ask's unit price

Porag
Hi

I have a query. Does a producer submit new asks for the specific hourAhead auction in which is available on every upcoming timeslots? i.e. does the producer change the unit selling price for the specific hour auction or they keep the price fixed?

Thanks
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Re: Producer's action on ask's unit price

grampajohn
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Hello, Porag -
Porag wrote
Does a producer submit new asks for the specific hourAhead auction in which is available on every upcoming timeslots? i.e. does the producer change the unit selling price for the specific hour auction or they keep the price fixed?
Most producer models (including the main one we're using right now) submit asks in each timeslot for a range of quantities and prices. But these asks do not "set" the price. Instead, the clearing price is determined by the intersection of bids and asks as described in Section 5.2 of the specification.

Does this help?

John
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