What is a bidding obligation?
A bidding obligation contract (biedplicht contract) is an agreement for a power user or producer to provide additional feed-in or consumption. Unlike a CBC or CSC, a bidding obligation can also request feed-in or consumption from the connected party on the same day (intraday). This runs via a power platform or trading market through bids.
Key characteristics
- The producer cannot refuse to participate in the bidding process
- The compensation received is the market price at the moment of call-off, settled via bids
- To keep the power grid in balance, a 'counter-bid' always takes place — this is automatically managed via GOPACS and the trading platform
- Redispatch is not possible without a CSP
When does redispatch come into play?
Redispatch is an instrument at the intersection of TSO activity (TenneT) and regional grid operators. A production unit is asked to produce less (or more) than its optimal schedule to resolve congestion on the transmission grid.
Why is this relevant for you?
If you deliver flexibility via a CSC, your asset can also be deployed for flex on the intraday market via redispatch. On the redispatch market, power is requested in blocks of 4 hours, close to the moment of delivery itself.
Tip: If you deploy a flex asset for a CSC, ask your CSP if the asset can also be optimized for intraday redispatch on GOPACS. This significantly increases your return.
This expands the market for your flex asset and can generate additional income on top of your regular CSC compensation.
Talk to Skoon about optimizing your flex asset for redispatch revenue.