Analysis of historical offer revisions
Under certain specified circumstances the Code allows generators to revise their offers up to two hours before the start of a relevant trading period.
|Stage: II (Review)||Status: Complete||Date commenced: 21/08/2011|
However, we've observed instances of inconsistent generator offer behaviour, which has sent confusing information to other spot market participants.
We reviewed these historic offer revisions. This report discusses some of the issues around generator offering and describes a graphical representation of how a generator's offers evolve over time and a metric for quantifying the likely impact on the market, both of which we intend to publish on an ongoing basis.
Reporting on generator offer revision behaviour
Last updated: 21st May 2012