Common use of Bids submission Clause in Contracts

Bids submission. 1. The Registered Participant shall submit a Bid or set of Bids to the Allocation Platform in accordance with following requirements: (a) it shall be submitted electronically using the Auction Tool and during the Pre- bidding Period or Bidding Period as specified in Auction Specification; (b) it shall identify the Auction via an identification code; (c) it shall identify the Registered Participant submitting the Bid through its EIC code; (d) it shall identify the Bidding Zones border and the direction for which the Bid is submitted; (e) it shall state the Bid Price, exclusive of taxes and levies, in EUR per MW for one hour of the Product Period, i.e. EUR/MWh, expressed to a maximum of two (2) decimal places, and equal to or greater than zero; (f) it shall state the Bid Quantity in full MW which must be expressed without decimals, minimum amount of a single Bid is one (1)

Bids submission. 1. The Registered Participant shall submit a Bid or set of Bids to the Allocation Platform in accordance with following requirements: (a) it shall be submitted electronically using the Auction Tool and during the Pre- Pre-bidding Period or Bidding Period as specified in Auction Specification; (b) it shall identify the Auction via an identification code; (c) it shall identify the Registered Participant submitting the Bid through its EIC code; (d) it shall identify the Bidding Zones border and the direction for which the Bid is submitted; (e) it shall state the Bid Price, exclusive of taxes and levies, in EUR per MW for one hour of the Product Period, i.e. EUR/MWh, expressed to a maximum of two (2) decimal places, and equal to or greater than zero; (f) it shall state the Bid Quantity in full MW which must be expressed without decimals, minimum amount of a single Bid is one (1)