{"id":2343,"date":"2012-01-12T11:09:53","date_gmt":"2012-01-12T11:09:53","guid":{"rendered":"https:\/\/elexon-beta.elexonhostings.co.uk\/bsc\/?post_type=glossary&#038;p=2343"},"modified":"2024-08-06T13:28:37","modified_gmt":"2024-08-06T12:28:37","slug":"bid-offer-data","status":"publish","type":"glossary","link":"https:\/\/elexon-beta.elexonhostings.co.uk\/bsc\/glossary\/bid-offer-data\/","title":{"rendered":"Bid-Offer Data"},"content":{"rendered":"<h2 id=\"bsc-defined-definition\">BSC defined definition<\/h2>\n<p>Data (comprising the items set out in Section Q4.1.3) to be submitted by the Transmission Company pursuant to Section Q6.2.1(d).<\/p>\n<h3>BSC documentation<\/h3>\n<ul>\n<li><a href=\"https:\/\/elexon-beta.elexonhostings.co.uk\/bsc\/the-bsc\/bsc-section-q-balancing-services-activities\/\">BSC Section Q &#x2013; Balancing Services Activities<\/a><\/li>\n<li><a href=\"https:\/\/elexon-beta.elexonhostings.co.uk\/bsc\/documents\/bsc-codes\/bsc-sections\/bsc-section-x-2\" data-wpel-link=\"internal\">BSC Section X, Annex X-2<\/a><\/li>\n<\/ul>\n\n","protected":false},"template":"","meta":{"_acf_changed":false,"_relevanssi_hide_post":"","_relevanssi_hide_content":"","_relevanssi_pin_for_all":"","_relevanssi_pin_keywords":"","_relevanssi_unpin_keywords":"","_relevanssi_related_keywords":"","_relevanssi_related_include_ids":"","_relevanssi_related_exclude_ids":"","_relevanssi_related_no_append":"","_relevanssi_related_not_related":"","_relevanssi_related_posts":"","_relevanssi_noindex_reason":"","inline_featured_image":false},"tags":[],"class_list":["post-2343","glossary","type-glossary","status-publish","hentry"],"acf":[],"semantic_search":{"post_id":2343,"title":"Bid-Offer Data","link":"https:\/\/elexon-beta.elexonhostings.co.uk\/bsc\/glossary\/bid-offer-data\/","categories":[],"tags":[],"content":"\n\n\n<div class=\"panel-content\">\n\t<p>Relevant Balancing Mechanism Unit (BMU) data for a Settlement Period submitted by the Transmission Company.<\/p>\n<p>Bid-Offer Data for a BMU and Settlement Period is made up of a series of Bid-Offer pairs; there may be up to five above Final Physical Notification (FPN) and up to five below FPN in each set of Bid-Offer Data.<\/p>\n<p>A Bid-Offer pair consists of an identifying number (e.g. 1, 2 or &#x2013;1), a &#x2018;band width&#x2019; in MW, and both an Offer Price and a Bid Price. The Offer Price is the price at which the System Operator may purchase energy within this band; the Bid Price is the price which will be paid for energy accepted from the System Operator within this band.<\/p>\n\n\t<h2 id=\"bsc-defined-definition\">BSC defined definition<\/h2>\n<p>Data (comprising the items set out in Section Q4.1.3) to be submitted by the Transmission Company pursuant to Section Q6.2.1(d).<\/p>\n<h3>BSC documentation<\/h3>\n<ul>\n<li><a href=\"https:\/\/elexon-beta.elexonhostings.co.uk\/bsc\/the-bsc\/bsc-section-q-balancing-services-activities\/\">BSC Section Q &#x2013; Balancing Services Activities<\/a><\/li>\n<li><a href=\"https:\/\/elexon-beta.elexonhostings.co.uk\/bsc\/documents\/bsc-codes\/bsc-sections\/bsc-section-x-2\" data-wpel-link=\"internal\">BSC Section X, Annex X-2<\/a><\/li>\n<\/ul>\n\n<\/div>","s3_url":""},"_links":{"self":[{"href":"https:\/\/elexon-beta.elexonhostings.co.uk\/bsc\/wp-json\/wp\/v2\/glossary\/2343","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/elexon-beta.elexonhostings.co.uk\/bsc\/wp-json\/wp\/v2\/glossary"}],"about":[{"href":"https:\/\/elexon-beta.elexonhostings.co.uk\/bsc\/wp-json\/wp\/v2\/types\/glossary"}],"version-history":[{"count":3,"href":"https:\/\/elexon-beta.elexonhostings.co.uk\/bsc\/wp-json\/wp\/v2\/glossary\/2343\/revisions"}],"predecessor-version":[{"id":210125,"href":"https:\/\/elexon-beta.elexonhostings.co.uk\/bsc\/wp-json\/wp\/v2\/glossary\/2343\/revisions\/210125"}],"wp:attachment":[{"href":"https:\/\/elexon-beta.elexonhostings.co.uk\/bsc\/wp-json\/wp\/v2\/media?parent=2343"}],"wp:term":[{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/elexon-beta.elexonhostings.co.uk\/bsc\/wp-json\/wp\/v2\/tags?post=2343"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}