Meaning Adjustment bid
What does Adjustment bid mean? Here you find 3 meanings of the word Adjustment bid. You can also add a definition of Adjustment bid yourself
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Adjustment bid A bid auction conducted by the independent system operator or power exchange to redirect supply or demand of electricity when congestion is anticipated.
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Adjustment bidA bid that is used by the ISO to adjust supply or demand when congestion is anticipated.
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Adjustment bidA bid that is used by the ISO to adjust supply or demand when congestion is anticipated. (SOURCE: California Energy Commission, http://www.consumerenergycenter.org)
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