Switching Submit Mode OFF
VERY IMPORTANT!
Do not Switch Submit Mode OFF within 90 seconds after submitting a manual rebid.
If you did then look at the Algo Check column. If this says PASS then no further action required.
If Algo Check bid is FAIL then resubmit your manual bid. Leave Submit Mode OFF.
When to Switch Submit Mode OFF
Energy Bids
If you are likely to submit multiple rebids during the rest of your shift.
If you do not wish your manual energy bid to change.
If you leave submit mode ON then each new manual bid will become a Reference Bid. And if the previous Algo Bid has already moved volume 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 manual bid if the optimal solution reverses because the Algo is constrained by the Latest Manual Acknowledged Bid and the TdelLV.
FCAS Bids
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 rebid volume only in the late rebidding period.)
If you leave submit mode ON then the next Algo Bid will overwrite the BandAvail content of your previous manual bid. Therefore you may leave Submit Mode ON 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.
How to Switch Submit Mode OFF
If you decide to switch Submit Mode OFF then do so prior to submitting a manual rebid. Then allow ten seconds before submitting a manual bid.
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 it will say 5/5 ten seconds after switching Submit Mode OFF.
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
You may switch Submit Mode ON at any time.