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Table of Contents

Switching Submit Mode OFF

VERY IMPORTANT!

Note

  • Do not Switch Submit Mode OFF within 90 seconds after submitting a manual rebid.

  • If you do then look at the Algo Check column.

    • If this is field is blank or says PASS then no further action required.

    • If this field says FAIL then resubmit your manual bid. Leave Submit Mode OFF.

      • (Alternatively you could switch Submit Mode ON).

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When to Switch Submit Mode OFF

Energy Bids

Info

  • If you are likely to submit more than one AEMO or Financial ('A' or 'F') category rebids in the next five minutes or so then switch Submit Mode to OFF. If for any reason multiple rebids during the rest of your shift.

  • If you do not wish the your manual energy bid structure to change. For example your position may be short.

If you leave submit mode ON then each Any new manual bid rebid will become a Reference Bid. And if the previous Algo Bid has already moved volume (for example by an amount of TdelLV) and then you synchronise (from a third party bidding system), edit and submit this bid, then the Algorithm will consume the new manual bid as a Reference Bid and hence will be able to move another TdelLV from the starting point of the new Reference Bid. Although this Bid will be optimal (as far as the Solver is concerned) the Spot Trader may not wish to move what might be a larger than expected volume from the original (earlier) manual bid. Also the Algorithm will not be able to restore the Algo Bid to the structure of the earlier original manual bid if the optimal solution reverses because the Algo is constrained by the Latest Manual Acknowledged Bid latest manual bid and the TdelLV.

FCAS Bids

Info

If you are likely to submit an AEMO or Financial ('A' or 'F') category rebid then you should switch submit mode to OFF. (The one exception might be if you intend to only rebid volume only in the late rebidding period.)

If you leave submit mode ON then the band volumes of the next Algo Bid will be formulated from scratch and hence the Algo Bid will overwrite the BandAvail content of your previous manual bid. Therefore you should only leave Submit Mode ON whilst rebidding if you are changing physical parameters. The only exception is if you are only making changes to the late rebid period and if pdBidr is set to not reformulate bids in the late rebidding dispatch intervals in which case you could leave Submit Mode ON.

How to Switch Submit Mode OFF

Tip

If you decide to switch Submit Mode OFF then do so prior to submitting a manual rebid. Then either

Allow

allow ten seconds

between Switching Submit Mode OFF and

before submitting a manual bid

, orIn the Bids Page check that the column Algo Last Submission/Submission Status has a 5/5 status (you may need to wait a few seconds)

.

It can take up to ten seconds to process and acknowledge a bid from the time it is submitted. pdBidr monitors this process and shows the status of an Algo bid in the Submission Status. If an Algo bid is submitted just before you switch Submit Mode OFF then the submission status will monitor the process and there may be a moment where Submission status is not 5/5. If it is not 5/5 then wait a few moments until it is 5/5 (see image below). Then you may submit manual rebids. Either way the submission status will say 5/5 ten seconds after switching Submit Mode OFF.

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If it is an Algo bid then check the Algo Check column. If this says PASS then no further action required.

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If Algo Check bid is FAIL then resubmit your manual bid.

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When to switch Submit Mode ON

When to switch Submit Mode ON

Energy

If you are not actively rebidding or if you don’t expect to actively rebid in the next half hour, then Switch Submit Mode ON.

FCAS

If you are not actively rebidding priceband volume, or if you don’t expect to actively rebid priceband volume in the next half hour, then Switch Submit Mode ON. You may rebid physical parameters multiple times with Submit Mode ON.

How to Switch Submit Mode ON

Tip

You may switch Submit Mode ON at any time.

Note

However if you switch Submit Mode ON and then change your mind and switch Submit Mode OFF then you must follow the above process for How to Switch Submit Mode OFF.

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