Intraday Capacity Allocation Bids Sample Clauses

Intraday Capacity Allocation Bids. 4.3.1 In order to participate in the Intraday Capacity Allocation Auction, Bids shall be submitted to the DAMAS system in accordance with the "Capacity Trader DAMAS User Guide" document. 4.3.2 The Bids are on hourly basis for upcoming session (4 (four) hours), for each of both direction of transmission and must contain the following unambiguous and legible specifications: 4.3.2.1 Identification of the Participant, 4.3.2.2 Specification of the transmission direction, 4.3.2.3 Day the bid refers to (day on which intraday electricity transfers take place on the Interconnection), 4.3.2.4 The transmission capacity to be allocated in MW (positive values, minimum amount 1 MW, maximum published ATC for the bidding hour.) 4.3.2.5 The value of the Bid Price in EUR/MW/h (values bigger than zero, with max. two decimals). Bids must state the highest Auction Price the Participant is willing to pay. 4.3.3 The Participant is entitled to submit up to 10 independent Bids for one profile and one transmission direction. 4.3.4 DAMAS system will reject the Bids, which do not fulfill the above mentioned requirements. They will not be considered in the allocation procedure and the Participant will be informed about the reason for refusal. 4.3.5 After successful Bid(s) submission, the DAMAS system will send a confirmation to the bidding Participant, with a time stamp. 4.3.6 The Bids confirmation receipt delivered by the DAMAS system is the criterion in meeting the time limit for the auction. 4.3.7 In case of any failure during the Bids submission, the Bids will be rejected and the Participant will be informed accordingly.
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Related to Intraday Capacity Allocation Bids

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