Help Files:
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Bid/Offer Volume SummaryAboutThe Offer/Bid Volume Summary chart shows levels of offer and bid volumes by fuel type or by price and can be displayed as a “Cumulative Area” or as a “Non-Cumulative Line”. This chart can be clicked upon to see the units for any given minute and then it is possible to click through for any of these units to find out more about the underlying action. Included DataThe data on this chart is the Accepted Bid/Offer Volume data, which represents the volume of actions taken by National Grid to reduce/increase generation via the Balancing Mechanism within gate-closure. Additionally the BSAD volumes are shown which show the volume of activity taken outside the Balancing Mechanism (typically via interconnectors). This can be seen grouped by fuel type or by the price at which actions have been accepted (grouped into bands of similar prices). For instance in this screenshot the prices are predominantly falling into three bands (BSAD trades outside the Balancing Mechanism, offers to turn up for less than £50/MWh and bids to turn down at £0-10/MWh):
Data ServiceThe data for the Bid/Offer Volumes Summary chart can be extracted from the API. The parameters are as follows:
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