What is the designated rebidding period for the Day-Ahead market?

The designated rebidding period for the Day-Ahead market is from 4 to 6 pm. During this time, market participants have the opportunity to revise their bids in response to new information or changes in system conditions. This period is crucial as it allows participants to refine their energy supply offers or adjust their demand forecasts based on more accurate data closer to the time of operation.

Understanding this specific timeframe is essential for ensuring that the power market operates efficiently, as it provides a structured opportunity for participants to react to evolving situations and improve the overall reliability of the electricity supply. Proper utilization of this rebidding period fosters a more accurate reflection of supply and demand, ultimately leading to more effective market outcomes.