Glossary Term: Bid
A Bid is a proposal to reduce generation or increase demand.
BSC defined definition
The quantity (as provided in Section Q4.1.3(a) or, where applicable, established in Section T3.4B.3) in a Bid-Offer Pair if considered as a possible decrease in Export or increase in Import of the relevant BM Unit at a given time.
- BSC Section Q – Balancing Services Activities
- BSC Section T – Settlement and Trading Charges
- BSC Section X, Annex X-2