Bid-offer data | Practical Law

Bid-offer data | Practical Law

Bid-offer data

Bid-offer data

Practical Law UK Glossary w-001-8496 (Approx. 3 pages)

Glossary

Bid-offer data

The information that must be submitted to the national electricity transmission system operator (NETSO) by a generator, and others who are parties to the Balancing and Settlement Code (BSC), to indicate the amount by which that party can increase or decrease generation in return for payment in any given settlement period. For more information, see Practice note, Electricity industry: overview: What is the balancing mechanism?.