The Market Explorer is where distributed system operators (DSOs) publish market opportunities on ElectronConnect for flexibility service providers (FSPs).
There are two types of market opportunities.
Long-term auctions
A long-term auction is when contracts for electricity supply are sold for extended periods such as months or years, providing stability and predictability in pricing and supply. Long-term auctions consist of one bidding window for a future date.
Below is an example of long-term market data on ElectronConnect:
In the “Service window” section, certain days will be greyed out if not included in the tender.
Day/Week-ahead markets
A day/week ahead market is where electricity is bought and sold a day/week before it is actually needed, helping to balance supply and demand efficiently for the next day/week. Day-ahead markets are recurring market opportunities.
Below is an example of Day-Ahead Market data on ElectronConnect: