Bid Structure and Validation Rules

Sygration Dispatchable Load Market Simulator



Each energy bid and operating reserve offer entered into the Dispatchable Load Bid Simulator is validated for both structure and content. This validation is similar to how the IESO Market Participant Interface (MPI) validates its bids; however, the bids used here are simplified and the validation rules have been relaxed considerably. The Simulator bids and offers differ from those entered into the IESO MPI in these main areas:

Refer to the Sample Bids page for examples of the energy and operating reserve bids.

Energy Bid

The contents of the Energy Bids are similar to those used by IESO energy bids, with the exceptions listed above. Each bid contains one or more lines representing individual hours, or a range of hours. Within each line is a series of 2 to 20 Price/Quantity pairs, each representing a lamination of the bid.

Structure: <HOUR_RANGE>, { (<PRICE>,<QUANTITY>),(<PRICE>,<QUANTITY>) } ;

<HOUR_RANGE> is an individual hour, or a range of hours separated by - (dash)
<PRICE> is the maximum price willing to pay for a quantity of energy
<QUANTITY> is the quantity of energy which the price applies

Validation Rules


Operating Reserve Offer

The contents of the Operating Reserve Offers are also similar to those used by IESO, with the exceptions listed above. Each offer contains one or more lines representing individual hours, or a range of hours. Within each line is a series of 2 to 5 Price/Quantity pairs, each representing a lamination of the offer.

Structure: <HOUR_RANGE>, { (<PRICE>,<QUANTITY>),(<PRICE>,<QUANTITY>) } ;

<HOUR_RANGE> is an individual hour, or a range of hours separated by - (dash)
<PRICE> is the minimum price willing to be paid for a quantity of operating reserve
<QUANTITY> is the quantity of operating reserve which the price applies

Validation Rules

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