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Virtual bidding

Index Virtual bidding

Virtual bidding is a strategy implemented in various Independent System Operator electricity markets of trading Day-Ahead prices against Real-Time (or Hour-Ahead) prices. [1]

9 relations: Commodity market, Delivery point, Efficient-market hypothesis, Futures contract, Market participant, Market power, New England, Regional transmission organization (North America), White paper.

Commodity market

A commodity market is a market that trades in primary economic sector rather than manufactured products.

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Delivery point

In a postal system, a delivery point (sometimes DP) is a single mailbox or other place at which mail is delivered.

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Efficient-market hypothesis

The efficient-market hypothesis (EMH) is a theory in financial economics that states that asset prices fully reflect all available information.

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Futures contract

In finance, a futures contract (more colloquially, futures) is a standardized forward contract, a legal agreement to buy or sell something at a predetermined price at a specified time in the future.

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Market participant

The term market participant is another term for economic agent, an actor and more specifically a decision maker in a model of some aspect of the economy.

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Market power

In economics and particularly in industrial organization, market power is the ability of a firm to profitably raise the market price of a good or service over marginal cost.

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New England

New England is a geographical region comprising six states of the northeastern United States: Maine, Vermont, New Hampshire, Massachusetts, Rhode Island and Connecticut.

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Regional transmission organization (North America)

A regional transmission organization (RTO) in the United States is an electric power transmission system operator (TSO) which coordinates, controls and monitors a multi-state electric grid.

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White paper

A white paper is an authoritative report or guide that informs readers concisely about a complex issue and presents the issuing body's philosophy on the matter.

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Virtual Bidding.

References

[1] https://en.wikipedia.org/wiki/Virtual_bidding

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