We use cookies on our site to analyze traffic, enhance your experience, and provide you with tailored content.

For more information visit our privacy policy.

Bid Quantity definition

Bid Quantity means the amount of Long Term Transmission Rights in MW requested by a Registered Participant;
Bid Quantity means the amount of IP Capacity to which a Bid refers;
Bid Quantity means in respect of a Bid the amount of relevant IP Capacity (in kWh/day) to which the Bid relates;

Examples of Bid Quantity in a sentence

  • A Registered Participant who wants to modify a default Bid for a future Auction shall change the Bid Quantity and the Bid Price of its default Bids before the applicable Auction Bidding Period opening.

  • If a default Bid Quantity or a quantity calculated as a sum of the Bid Quantity for several default Bids submitted for the same Auction by a Registered Participant exceeds the final Offered Capacity, the Bids with the lowest Bid Price shall be rejected one (1) by one (1) until the total allowed Bid Quantity is lower than or equal to the Offered Capacity.

  • If a default Bid Quantity or a quantity calculated as a sum of the Bid Quantity for several default Bids submitted for the Fallback Auction by a Registered Participant exceeds the Offered Capacity used for Auction simulation as set forth in Article 42, the Bids with the lowest Bid Price shall be rejected one by one until the total allowed Bid Quantity is reached.

  • A Registered Participant who wants to modify a default Bid for a Fallback Auction shall change the Bid Quantity and the Bid Price of its default Bids.

  • Each valid Bid registered at closure of the Bidding Period shall constitute an unconditional and irrevocable offer by the Registered Participant to buy Daily Transmission Rights up to the Bid Quantity and at prices up to the Bid Price and under the terms and conditions of these Allocation Rules and the relevant Auction Specification.


More Definitions of Bid Quantity

Bid Quantity. The amount, in MWh, of RPS Attributes the Bid Facility expects to proffer as performance under the RPS Standard Form Contract over each Contract Year during the Contract Delivery Term. This number will equal the Expected Annual Eligible Production multiplied by the Bid Quantity Percentage. The Bid Quantity must be the same for each Contract Year throughout the Contract Delivery Term. For all transactions contemplated and consummated under this Agreement, the Bid Quantity shall be *** MWh.
Bid Quantity as used in this Paragraph, means the total unit quantity listed in the Schedule of Prices for an item of Unit Price Work.
Bid Quantity means is the capacity to be installed in kilowatts for which the bidder has tendered a bid;
Bid Quantity means the amount of Transmission Rights in MW requested
Bid Quantity means the amount of intraday transmission rights in MW requested by a registered participant;
Bid Quantity means the quantity specified by a Bidder in a Bid, expressed in the number of lots as a whole non-zero number.
Bid Quantity. ‘bid quantity’ means the amount of Long Term Transmission Rightslong term transmission rights in MW requested by a Registered Participantregistered participant;