Day-Ahead Market Timeline
In Day-Ahead Market there are different timeline for different process as we describe as follow:
- 10:00 hrs. to 12:00 hrs.: Member can submit , edit, modify or delete buy and sell bids.
- 12:00 hrs. to 13:00 hrs.: Calculate MCP, MCV. Prov. solution sent to NLDC uploaded in the TWS
- 13:00 hrs. to 14:00 hrs.: NLDC check transactions and Inform congestion period and capcity available
- 14:00 hrs. to 16:00 hrs.: Recalculate ACP and ACV i case of congestion and IEX sends final schedule Request to NLDC.
- 16:00 hrs. to 17:00 hrs.: NLDC sends confirmation and IEX sends files to SLDC for scheduling
- 17:00 hrs. to 18:00 hrs.: RLDCs /SLDCs incorporate Collective Transactions in the Daily schedule