Switching Submit Mode
- brett gebert
Switching Submit Mode OFF
VERY IMPORTANT!
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).
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.
Any new manual rebid 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 original manual bid if the optimal solution reverses because the Algo is constrained by the latest manual 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 only rebid volume 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 should only leave Submit Mode ON whilst rebidding if you are changing physical parameters. The 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
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.
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
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