Program 04: PRICE RESPONSIVE BID (PR Bid)

The Price Responsive Bid Programme connects flexibility to price signals. The Electricity Distribution Business (EDB) offers a price for a specific load adjustment. If the flexibility supplier agrees to meet the request at that price, they send an “opt in” message. If they cannot participate, they reply with an “opt out” message.

This approach helps the network manage demand efficiently by encouraging suppliers to take part when the price is right. Once the dispatch instruction is confirmed, the supplier must deliver the agreed flexibility.

Programme Details:

  • Location: Across the entire network

  • Event Period: Minimum 30 minutes

  • Load Change: Set by the EDB

  • Timing: Start and end times defined by the EDB

  • Event ID: Identifies the specific event

  • Price Offer: Sent at least 12 hours before the event and may expire within one hour of being received

  • Dispatch: Confirmed at least 30 minutes before the event

  • Opt Out: Not allowed once the dispatch instruction is issued

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